Business

Danone infant formula demand drives ‘strong start’ to 2013

Danone infant formula demand drives ‘strong start’ to 2013

By Mark ASTLEY

Danone claims to have got off to a “strong start” this year, with early signs of stabilisation in Europe and solid demand for infant nutrition products in China driving better-than-expected sales growth in the first half of 2013.

Danone's brands include Activia

Tough Europe forces Danone savings drive

By Rod Addy

Dairy and beverages giant Danone is targeting €200M (£172.7M) in savings in Europe by 2015 by “adapting its structures and costs” as the tough economic climate continues to bite.

Emerging markets boost Unilever’s profits

Emerging markets boost Unilever’s profits

By Caroline SCOTT-THOMAS

Unilever has said that new products and emerging markets have helped lift its second quarter sales, although it warned of continuing economic challenges.

Tate & Lyle meeting profit targets despite 4% US soft drink slide

Tate & Lyle meeting profit targets despite 4% US soft drink slide

By Shane STARLING

Tate & Lyle CEO Javed Ahmed says earning and profit forecasts are intact – “mid single digit growth” – despite an unseasonably cold spring that has contributed to an annual drop of 4% in the US soft drinks market and hit its specialty and bulk sweeteners...

The three variants of Hovis Breakfast Bakes will be made at Fox's Biscuits plant in Uttoxeter, Staffordshire

2 Sisters and Premier Foods strike deal

By Rod Addy

2 Sisters Food Group has forged a licensing agreement with Premier Foods for the production, distribution, sales and marketing of its Hovis Breakfast Bakes range of breakfast biscuits.

Could AG Barr's acquisition of GSK's Lucozade and Ribena brands be the next big food and drink industry deal?

Food mergers and acquisitions hit 10-year low

By Mike Stones

Mergers and acquisitions in the UK food and drink industry hit a 10-year low at just 73 deals in the first half of this year, revealed figures from information services company Experian.

ABF's grocery division posted third quarter growth of 7%, thanks to Allied Bakeries' deal to supply 4,000 Co-op stores

Allied Bakeries’ Co-op deal boosts ABF grocery results

By Mike Stones

Allied Bakeries’ deal to supply bread to Co-op stores has helped the grocery division of its parent company Associated British Foods (ABF) achieve 7% growth in the third quarter of its financial year.

Heineken agrees $612m sale of Finnish business Hartwall

Heineken agrees $612m sale of Finnish business Hartwall

By Ben BOUCKLEY

Heineken has agreed to sell its Finnish 'multi-beverage' business Hartwall to Danish Royal Unibrew for €470m and the two brewers will extend a licensing agreement allowing the latter to brew the Dutch firm's eponymous flag brand under license.

Danone Dumex cuts Chinese infant formula prices by up to 20%

Danone Dumex cuts Chinese infant formula prices by up to 20%

By Mark ASTLEY

Dumex – Danone’s infant nutrition business in Asia – has announced plans to reduce the price of its infant formula products in China by up to 20% in response to an investigation into its and other manufacturers’ pricing practices in the country.

How might the sale of ADM cocoa impact the global cocoa supply?

Commodities Watch

Cocoa market awaits impact of ADM Cocoa sale

By Oliver Nieburg

The Archer Daniels Midland Company is in discussions to sell its cocoa processing operations. We find out how potential industry consolidation could affect the cocoa supply.

ADM in discussions to divest cocoa operations

ADM in talks to sell cocoa business

By Oliver Nieburg

The Archer Daniels Midland Company is holding discussions to sell its cocoa ingredients business - a business unit that saw profits plunge 24% last year.

CSM, Purac and Caravan become Corbion

CSM, Purac and Caravan become Corbion

CSM and subsidiaries Purac and Caravan Ingredients have unveiled their new strategy and company name, Corbion, as the company continues its repositioning as a bio-based ingredients firm.

The Pringles European expansion will happen steadily over the next two years

KELLOGG'S EXPANSION EXCLUSIVE

Kellogg inks Pringles EMEA expansion plan

By Kacey Culliney

Kellogg plans to introduce three new production lines to its Belgium Pringles plant within the next two years to cater to soaring demand.

European Commission approves acquisition, but deal not done yet

Commission clears Barry Callebaut Petra Foods buy

By Oliver Nieburg

The European Commission has said there is enough competition from ADM and Cargill to make Barry Callebaut’s $950m acquisition of Petra Foods’ Ingredients division free from competition concerns.

The factory incorporates well-equipped kitchens

Ingredients supplier prepares for NPD push

By Rod Addy

Ingredients firm Jardox has recruited innovations talent from Premier Foods to spearhead a new product development (NPD) push after opening a £3M new plant.

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