Players looking to capitalise on the growing African market may move for parts of United Biscuits (UB) following speculation of a split ahead of a £500m sale.
Ingredient supplier Symrise’s flavour and nutrition division is focused on expansion into the functional food arena as well as strengthening capacity to meet the "high demand" for menthol as the group reports a slowing down in Asian Pacific...
As a probe continues into the practices of French flour mills supplying commercial bakeries, France's anti-trust watchdog has this week hit those producers with a €149.4m fine over price fixing on packaged flour sold in supermarkets.
Dutch dairy concern Friesland Campina (FC) has reported that branded cheese sales in 2011 were hit by European consumers trading down from brands to cheaper products, and Middle Eastern turmoil.
Carling says that the branding and packaging for its new limited edition citrus beer, Carling Zest, was desined to push its premium positioning as an alternative to other summer drinks such as cider.
Several private label and secondary and tertiary brands such as Paxo Stuffing are likely to be divested by Premier Foods in the coming months, claim analysts, as the UK manufacturer gets breathing space from investors.
French botanicals giant, Naturex, will venture into the fruit and vegetable concentrates sector for the first time and almost double pectin production, as its acquisition of Polish manufacturer, Pektowin, is finalised.
Scandinavian confectioner Cloetta has announced the decision to close three of its factories and move production to other sites in a move that will result in 345 job losses.
Food giant Nestle has confirmed to ConfectioneryNews.com that it has suspended trade on its entire product range in Azerbaijan due to ‘supply problems’.
Dairy processor Arla has revealed plans to save at least DKK 500m (€67m) inside 18 months, and says that success demands the ability to reduce production costs, given tough competition with retailers.
An increased focus on food and nutrition is expected to become a major sales growth driver at DuPont in 2012, according to the company’s executive vice president James Borel.
ABF’s pre-closed period trading report released earlier this week showed its ingredients business to be its weakest, but the CEO of ABF Ingredients said this is a reflection of the difficult conditions in the yeast and bakery markets, and not on overall...
Nutrition and polymers were the stand-out divisions for Royal DSM in 2011, a year that saw operating profits rise 15% from €752m to €866m, as the newly life science-oriented ingredients giant singled out Martek buy-out success and committed to ongoing...
Associated British Foods (ABF) is on track to deliver strong, full-year growth, however, high raw material costs in a competitive environment has seen the group struggle against stronger, more aggressive players in the ingredients market.
Nestlé plans to build a new Dolce Gusto factory in Germany to capitalise on one of its fastest-growing European businesses, with a growth rate of over 50%, and told BeverageDaily.com it is exploring 'solutions' that will allow UK consumers to...
Nestlé plans to build a new Dolce Gusto factory in Germany to capitalise upon what it describes as one of its fastest growing European businesses, with a growth rate of over 50%.
Arla Foods has announced a strong set of results for 2011, and the company has told DairyReporter.com that this is due in large part tighter ‘global brand’ focus that is boosting its entire portfolio.
Arla Ingman and other producers have filed a complaint with Finland’s competition authority regarding market leader Valio, alleging the firm has abused its position to maintain a liquid milk market monopoly, a claim the latter denies.
DairyReporter.com asked Albert Adroer, general director of Spanish functional ingredients firm Premium Ingredients, what makes him tick in the dairy world, and also how he unwinds in the fair Spanish city of Barcelona.
Kellogg’s $2.7bn deal to acquire Procter & Gamble’s Pringles will significantly boost its global snacks presence and open existing products up to new markets, according to analysts.
Food giant Nestle has recorded modest growth in 2011 driven by strong performance in China and other emerging markets leading its CEO to say wealth potential is moving from West to East.
UK chocolatier Thorntons has suffered a 63% decline in profits in its half yearly report and intends to close almost half of its own stores and focus on commercial retail sales.
Procter & Gamble has struck a $2.7bn deal to sell Pringles to Kellogg after its $2.35bn deal with former suitor Diamond fell through following a probe into its payments to walnut growers.
Corn Products International has unveiled plans to change its name to Ingredion to better reflect its role as a supplier of a broad range of ingredients.
Kraft Foods is the likeliest candidate for Procter & Gamble’s Pringles brand after a deal with Diamond Foods looks lost, though other candidates may be lurking, according to analysts.
The European Commission has approved the bid by German company Saria Bio-Industries for joint control over Dutch group Teeuwissen Holding and Spanish company, Jagero II.
International Flavors and Fragrances (IFF) saw net profits slump 56% in the fourth quarter due to one-off costs and ongoing high raw material prices, but adjusted results were largely in line with analysts’ expectations.
In a competitive sucralose market, Tate & Lyle should price the sweetener keenly to ensure significant market share in the future, claims an analyst as the group releases ‘reassuringly dull’ Q3 results today.
AarhusKarlshamn (AAK) has posted modest growth in its fourth quarter (Q4) and final year results driven by raw material price increases and strong performance in its core food ingredients segment.
Cargill has announced plans to invest €20m in two cocoa and chocolate production facilities in Germany as it looks to boost its presence domestically and in Eastern Europe.
Kerry Group is set to continue to reap the benefits from health and wellness trends, and, in particular, can continue to leverage the industry’s ongoing salt, fat and sugar reformulation efforts, claims an analyst.
Israel-based supplier Frutarom has acquired Brazilian flavour house Mylner for $15.7m (€11.84m), underlining its strategy of plugging any gaps in its flavour portfolio or market base.
As Greencore reveals progress in its plans to switch from euro to sterling for its reporting currency, analysts remain upbeat about the potential of the group’s core business and synergies arising out of the Uniq takeover.
Dutch dairy cooperative FrieslandCampina has signed a memorandum of understanding with a UK-based venture capital firm to acquire Serbian dairy producers Imlek and Mlekara Subotica, and sees great potential to grow sales in the region.
Last year saw sales of food ingredients jump nearly 10% for supplier EFKO, a Russian manufacturer of industrial fats, including cocoa butter substitutes, used in confectionary, diary, bakery and other food industries.
Dairy Crest has issued a mixed trading update for the first nine months of its fiscal year, with persistent tight margins in its dairies business sector offset by strong performance across its branded portfolio.
European giant Intersnack is challenging PepsiCo and United Biscuits brands in the UK as it prepares to dramatically increase its profile, with a seven-figure investment in UK production.
The volumes decline in Unilever’s food business of nearly 4% is a concern, claims an analyst adding that the full year results are slightly below expectations.
After Premier Foods’ announced this week that it plans to up its spend on ‘power brands’ such as Hovis, Investec analyst Martin Deboo told BakeryAndSnacks.com that UK bread was a “terrible industry” to be in due to industry overcapacity.
Germany’s largest dairy processor Deutsche Milchkontor (DMK) has opened a new sales office in China to pursue regional growth, and has hinted at further investments in the country.
Rampant acquisitionist Naturex will make 3-4 European and North American acquisitions in 2012, once it completes a deal with an unnamed Asian supplier by the end of March, CEO, president and founder, Jacques Dikansky has told this publication.
With 2011 sales jumping 12.3%, the world’s biggest botanical extracts specialist says it will acquire 4-5 companies in 2012, with negotiations advancing with an Asian target.
