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Nestlé to strengthen South East Asia coffee operations

The Nestlé Group is looking to increase its presence on the Indochinese markets by seeking joint-ventures with local coffee producers in Thailand and Malaysia. ...

Ongoing capital access is critical to the Foster's expansion

In order to continue its global expansion and deliver the rates of return expected by its shareholders, Foster's Brewing will need near-to-permanent access to debt...

Slow growth for US soft drinks

Carbonated soft drink sales in the US increased by only 0.5 per cent in thein 2000, an increase of about 50 million cases over 1999,...

Café Cadburys to hit the high street

UK confectionery and drinks group Cadbury Schweppes is to open a chain of cafes catering for chocolate lovers in a bid to boost the increasingly...

Coke and Carlsberg reach agreement

US drinks giant Coca-Cola Company and Carlsberg, the Danish brewer, agreed on Wednesday to split the Coca-Cola brand market between them. Under the terms of...

Pernod makes bid for Agros

French drinks group Pernod Ricard announced on Tuesday that is to launch a public tender for all shares in Agros, a Polish food and beverage...

Nestlé India launches new water brand

Nestle India has launched "Nestle Purelife," a new brand of purified bottled water. The water will be produced in one litre packs in the company's...

ConAgra reduces fiscal estimates for 3Q

ConAgra Foods, the second-biggest food maker in the US, halved its fiscal third-quarter earnings estimate after the market closed on Tuesday, blaming a sharp rise...

IngredientsNet.com voted among top ten Net Markets

Food ingredients market platform, IngredientsNet.com , was placed among the top ten online Net Markets in Europe by research analysts Jupiter MMXI. The research, which...

Bids for Bestfoods

Unilever, the Anglo-Dutch consumer products giant, is understood to have received three bids of $1.4bn-$1.6bn on Monday for the US bakery business it acquired in...

British choosing Australian over French wines

Australian wine sales are expected to exceed French wine sales in Britain by the end of the year, The Sunday Times reported. From 1999...

Allied Domecq loses bid for Montana

Australian brewer Lion Nathan has won the battle for New Zealand's largest wine producer Montana Group, brokers said on Monday. The Lion Nathan $NZ...

Cadbury to sip Orangina in the Summer

Pernod Ricard, the French drinks group, said it expected to sell Orangina-Pampryl, its soft drinks unit, to Cadbury Schweppes, the British group, before the Summer....

Battle for Montana hots up

British drinks company Allied Domecq recently waived some of the conditions on its bid for New Zealand winemaker Montana Group (NZ) Ltd. The company said...

Unilever on track for five-year growth targets

Anglo-Dutch consumer products giant Unilever reported on Wednesday a boost in fourth-quarter sales as its key 400 brands drove a 16 per cent rise in...

Allied bids for NZ wine group

British food and drink group, Allied Domecq , announced on Wednesday it wants to buy New Zealand’s biggest winemaker, Montana. The group will bid NZ$944...

Eridania Beghin-Say announces financial upturn for 2000

French-Italian food group, Eridania Beghin-Say, announced on Tuesday preliminary results of a 3.1 per cent incease in operating income from 1999 to 2000 to 388...

Milk down the Australian drain

In protest against dairy deregulation dairy farmers in Australian said on Tuesday that thousands of litres of milk will be poured down the drain. ...

Salmonella compensation to reach Au$5 million

An orange juice company liable for a salmonella outbreak in Adelaide in 1999 will face compensation payouts totalling about $5 million to an estimated 500...

Rise in energy costs harm sugar giant

Sugar group Tate & Lyle issued its fourth quarter profits warning in this financial year on Tuesday, stressing that soaring energy costs would affect the...

Kraft strengthens coffee position in East European

Kraft Foods International, a unit of Philip Morris Co., on Tuesday said it agreed to buy two coffee businesses in Europe, strengthening its market positions...

Blush free cranberry juice launched

US giant cranberry co-operative, Ocean Spray, this week launched a white equivalent to its reputable cranberry juice. The clear juice is made from cranberries...

PepsiCo announces 15% rise in earnings

US snacks and soft drinks group, PepsiCo, announced on Monday soaring earnings for the last quarter across all its businesses. Steve Reinemund, chief operating officer,...

General Mills anticipate strong 3Q earnings

General Mills, the US food and cereals group, announced on Monday that its current quarter's earnings would be "significantly above" Wall Street expectations, the Financial...

Soya sales on the increase

Soya consumption on the increaseIncreasing consumer awareness of the health benefits of soya is boosting sales of the full range of soya products, reports ADM...