Breaking News on Food & Beverage Development - EuropeUS edition | Asian edition

Headlines > Market Trends

Distillers threat to sue Romanian government

The Romanian government's decision to delay two ordinances that would introduce a state monopoly over alcohol distribution as well as grant tax breaks to alcohol...

Interbrew announces IPO

Interbrew, the Belgian brewer, yesterday announced an initial public offering that could value it at up to E16bn ($13.8bn), the Financial Times reported. The company,...

Jospin seeks to calm French over BSE crisis

The beef crisis continued in France yesterday with a calling from Luc Guyau, president of the FNSEA farmer's union, for the government to ensure that...

Norwegian functional food company in discussions

According to the October issue of Chemistry in Britain, Nutri Pharma, a Norwegian functional food company, has entered into discussions with potential licensing partners regarding...

Herbal beer launched

U.S. company, Soma Products Co. is set to market "Soma Herbal"-a non-alcoholic herbal beer. The beverage incorporates Kava Kava, Scullcap (an herb in the mint...

Royal Ahold sets up shared services structure in U.S

Royal Ahold, the Dutch food provider, announced this week that two of its U.S. operating companies have combined strengths. The two companies are Tops Markets,...

Molson to buy into Brazil market

Molson, Canada's largest brewery, is to buy the Bavaria beer brand and 5 bottling plants from Brazil's Companhia de Bebidas das Americas (Ambev) for as...

Sara Lee pulls out of Bernard Matthews bidding

Sara Lee Corporation, the U.S food producer, has withdrawn from the bidding to acquire Bernard Matthews plc, the U.K. turkey producer, less than two weeks...

Nabisco to launch e-commerce site

Nabisco Inc., the snack and confectionery producer, is to launch NabiscoGifts.com, the first attempt by the company to sell directly to online consumers. Positioned as...

Nutrinova increases roughage activities

Nutrinova Nutrition Specialties & Food Ingredients GmbH in Frankfurt (Germany) plans to build up a global position in the roughage market, which is growing twice...

Carlsberg buys major Swiss brewery

Carlsberg, the Danish Brewer, is to purchase the brewing arm of Feldschlösschen-Hürlimann, Switzerland's largest brewer, for SFr870m ($490m). Feldschlösschen Hürlimann controls 45 per cent of...

Hazelwood Foods tempts French group

Hazlewood Foods plc, the British sandwich and prepacked meals distributor confirmed yesterday that it was the subject of an unsolicited bid but declined to comment...

Raisio suffers pre-tax loss

Raisio, the Finnish food and chemicals group, said this week that it was taking a one-off charge of E38m ($32.7m) due to over-optimistic about prospects...

Hershey to buy Nabisco mint and gum unit

Hershey Foods, the largest US maker of chocolate confections, announced this week that it is to buy Nabisco Holdings' breath freshener mints and gum business...

Threats to British food industry, Nestlé chairman warns

Nestle chairman Peter Blackburn yesterday warned that British food manufacturing is being undermined by the weak euro, the BSE crisis and a "protectionist" European common...

Functional foods in Japan

The concept of functional foods was proposed by Japanese academic society in the early 1980's, and the legislation for functional foods was first implemented as...

Tate & Lyle to announce write-offs

Tate & Lyle, the starches and sugars group, is likely to announce write-offs of about £75m in connection with the planned sale of Western Sugar...

Sun-Rype sells trademark

U.S companyy Sun-Rype Products Ltd. announced last week that it has agreed to sell the Fruit to Go trademark in the United States to Del...

Vitamin settlement to benefit consumer

Washington consumers soon will be $10.6 million richer, thanks to a settlement from an international price-fixing cartel caught manipulating the wholesale price of vitamins more...

Unilever reports healthy 3Q results

Unilever, the Anglo-British consumer products giant, announced a third-quarter profit rise of 7 per cent. Net income rose to 957 million euros ($824 million) in...

Quaker rejects PepsiCo offer

Quaker Oats, the Chicago-based US cereal and soft drinks group, has rejected a takeover approach from PepsiCo after the drinks giant had made a $13bn...

Numicom moves towards sports products

Nimicom, the Dutch vitamin manufacturer, is to move away from the vitamin tablet market towards newer markets, Chemical Business reported this week. The company maintained...

Unilever sells Arden

Unilever said on Tuesday it had reached an agreement to sell its Elizabeth Arden business to FFI Fragrances for $225 million, the Economic Times reports...

UK minister dismayed by BSE

The UK Agriculture Minister has explained his decision not to attack former Conservative cabinet ministers following the publication of Lord Phillips report on BSE, the...

PepsiCo buys into alternative beverages

U.S. drinks manufacturer PepsiCo Inc., announced this week that it has reached a definitive agreement to acquire a majority state in the U.S. South Beach...

On demand Supplier Webinars

Colouring Foods: Market trends and technical challenges
DIANA, FOOD DIVISION
All supplier webinars