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Nutraceutix Inc. & Sinphar Co. to develop products for Asia

Nutraceutix, Inc., an American company providing patented products for the nutraceutical and pharmaceutical industries, has announced the signing of a memorandum of understanding with Sinphar...

Union SDA bought two Brazilian sugar refineries

The French coop group Union SDA acquired two sugar refineries/distilleries Univalem and Gasa , located in the northwest part of Brazil. These acquisitions were made...

ADM Co. receives award

The Archer Daniels Midland Co., the American agricultural processing and nutraceuticals company, received the prestigious "Most Improved Investor Relations" award for mid cap companies at...

Coca-Cola acquired Mad River Traders

Coca-Cola, the American beverage company, announced on Friday it had bought Mad River Traders, a maker of tea, juice and soft drinks, based in Connecticut,...

NBTY to acquire NatureSmart

NBTY, Inc., an American manufacturer and marketer of vitamins and nutritional supplements recently announced that it has entered into a contract to purchase NatureSmart from...

Danone factory in Hungary resists closure

After a call for a nationwide boycott of its products, French food company Danone has decided to resume production at itsbiscuit factory in the western...

Japanese snack firm invests in Australia

Japanese snack food company Terra Harvest Foods is to build a $10 million plant in Melbourne, Australia creating 220 new jobs in the food manufacturing...

Nestlé sells stake in German water

Nestlé Deutschland AG and Blaue Quellen Mineral- undHeilbrunnen AG announced on Thursday the sale of their 42 per cent stake in the Mineralbrunnen überkingen-Teinach AG...

Restructuring at Unilever to shut down 100 plants

The Anglo-Dutch consumer goods company Unilever confirmed at its annual general meeting on May 9 that it would close a total of 100 sites as...

Pre-packed food drives plastic packaging growth

The replacement of traditional materials, improvements in polymer properties and processing equipment, and growth in the pre-packed food market are the main factors driving the...

42.4 percent Q1 final result increase for Eridania Béghin-Say

The French-Italian food group Eridania Beghin-Say reported a 42.4 per cent increase in its final result to Euros 8.4m for the first quarter 2001, Les...

US food manufacturers demand tighter GMO testing

Food manufacturers, reacting to recalls of biotech corn products, say the U.S. government should not approve any more genetically modified crops unless there is a...

DuPont buys into French packaging pouches

The packaging subsidiary of DuPont Canada Inc. (DUPA ) said on Friday it is buying Prepac of France to expand into the fast-growth market of packaging...

Vietnam launches into cocoa market

As with coffee and pepper, Vietnam may soon have a major stake in the cocoa market, Reuters reports. In recent years the country has already...

EC clears Diageo-Pernod deal

Diageo - the British premium drinks company - and Pernod Ricard - the French drinks group - overcame the first regulatory hurdle in their £5.6bn...

Roche's CFO dismissed

The crisis at Roche, the Swiss pharmaceutical giant, deepened on Tuesday when the group unexpectedly dismissed its chief financial officer, reports the Financial Times. ...

Cadbury in talks with La Casera

Cadbury Schweppes, the British confectionery and soft drinks group, is in talks on forming an alliance with La Casera, the Spanish soda water producer, reported...

Merck operating profits exceed expectations

Merck KGaA said its net profits for the first quarter fell 18.7 per cent to Euros 88.9m from Euros 109.3m but operating profits of Euros...

UK food supplier expands across the channel

Brake Bros, the UK food supplier to the catering industry, continued its expansion into France on Friday, when it announced the £17.1m ($24.5m) acquisition of...

Novartis buys 20 per cent of Roche

Novartis, the Swiss drugs company, said on Monday it has bought 20 per centof the voting shares in Roche, its competitor, for SFr4.83bn ($2.8bn) cash,...

Dairy giant hunts for chief

Plans to merge New Zealand's two largest dairy companies may be delayed by the search for a chief executive, an industry official said. No...

Ingredients company deals with its debt

Australian food ingredients group Burns Philp & Co Ltd said on Wednesday it would take up a Au$900 million bank facility and conduct a Au$240...

Frozen fruit juice bar hits France

Canandian frozen dessert and ingredients company CoolBrands International Inc. announced this week that it has entered into an agreement with Rolland, S.A. of Landerneau Cedex,...

Japan lifts pork ban

Japan on Wednesday lifted a temporary ban on imports of pork and pork products from Spain on the grounds that there is little possibility of...

Danone invests further in water

French dairy and biscuit group Danone is investing further in bottled water. The group announced today that it has acquired 50 per cent of Pureza...