Tate & Lyle has posted “reassuringly dull” third-quarter figures, despite having to implement measures to tackle aflatoxin, a fungus in maize caused by the unusually hot and dry conditions in the US last summer.
NEW UK DISTILLERY WILL HAVE 'SIGNIFICANTLY LARGER' 3.5M CASE CAPACITY
Bombay Sapphire’s new master distiller Nik Fordham tells BeverageDaily.com it is an ‘exciting time’ for the Bacardi-owned spirit in terms of brand extensions, while the broader gin category is enjoying a renaissance.
German dairy giant Deutsches Milchkontor GmbH (DMK) has been given the regulatory go-ahead to complete its acquisition of rival German private-label ice cream manufacturer, Roseneis.
Food and drink production in the EU remained flat in the fourth quarter of last year as some raw materials became costlier, according to data from FoodDrinkEurope.
Global flavour and fragrance company Firmenich has started commercialisation of vanilla from Rainforest Alliance certified farms in Madagascar, the firm says.
Nestlé has opened a new System Technology Center in Switzerland that brings together on one site the expertise it uses to combine products, capsules and machines such as those used in its Nespresso and Nescafé Dolce Gusto beverage systems.
Nestlé will fight to revoke a €20m fine imposed by the German cartel office for illegal exchange of competition-relevant information with other food majors including Kraft and Unilever.
Carlsberg has confirmed to BeverageDaily.com that it is under scrutiny as part of a wider, ongoing investigation by the German Federal Cartel Office, which also includes AB InBev.
Geneva-based Natural Taste Consulting (NTC) has developed a ‘unique, sustainable and cost effective’ solution to significantly reduce the undesired licorice taste of stevia extracts, and bring the taste closer to sugar.
CSM has agreed to sell its bakery supplies businesses to private equity firm Rhône Capital for $1.05bn, eight months after its announcement to reposition as a bio-based ingredients firm.
A new interactive graphical database offering market insights for food and beverage ingredients will help manufacturers and suppliers identify new trends and grow their business, according to RTS.
Glanbia Nutritionals has launched a new ingredient to replace whole eggs in bakery applications as firms seek alternatives in the face of steep price increases in the egg market.
Britain’s food and drink exports are remaining resilient during the recession – with total UK food and non-alcoholic drink exports for last year maintaining their value of £12.1bn, according to the Food and and Drink Federation (FDF).
Manufacturing businesses in the FTSE 100 have more women on their boards than other firms but more should be done to boost their numbers, according to a new report.
Flavour firm Firmenich and Amyris have expanded their collaboration to develop and commercialise renewable ingredients for flavours and fragrances, the companies have said.
Lindt & Sprüngli’s operating profit rose 10.3% in 2012 and the company has declared itself “partially unaffected” by the continuing economic downturn as consumers still seek quality chocolate in tough times.
Nestlé has teamed up with Bosch Packaging Technology and trade body the Food and Drink Federation (FDF) to recruit young talent for the UK food and drink manufacturing industry.
SunOpta plans to increase its cocoa processing capacity with a new facility in Middenmeer, Netherlands as it looks to grow its organic and specialty cocoa business to serve the specialty chocolate industry.
Greater cooperation on food safety throughout the supply chain to preserve company reputations was a major theme at this year’s GFSI (Global Food Safety Initiative) conference, wrapping up in Barcelona on Friday.
Kerry Ingredients & Flavours has acquired South African sweet ingredients firm Orley Foods for an undisclosed sum, in a deal it hopes will expand Kerry’s presence in sub-Saharan Africa.
Dutch bakery ingredients supplier Zeelandia has established a joint venture with importer East West Services to expand its presence on the Russian and Kazakhstani markets.
The €55m Tate & Lyle Ventures (TLV) fund has sold off the Fugeia wheat extract business it bought into in 2008 to Cargill’s starches and sweeteners division for an undisclosed sum.
Carmit Candy Industries’ expertize in specialty free-from candy formulations will give a competitive edge to its new line of functional confectionery targeting specific health functions and demographics, it CEO says.
Irish food and ingredients giant Kerry Group has reported a 10.8% increase in operating profit for the year of 2012 on the back of strong growth driven by its ingredients and flavours arm.
The acquisition of the fruit processing and flavour’s unit of Egyptian firm Delta Aromatic will help ingredients giant Döhler Group’s bid to expand into ‘dynamic’ African and Middle Eastern markets, says the firm.
Ethnic food manufacturer and wholesaler Euro Foods was fined £6,000 and ordered to pay £12,000 costs after being found guilty of potentially fatal food adulteration in court recently (February 12).
Nestlé says it is disappointed that a German appeal court has not granted it an injunction to stop sales of Nespresso compatible pods made by a smaller Swiss rival.
Britain’s biggest food manufacturer Premier Foods has reported growth in power and grocery brands but tough going for its bread division, in its full year financial results for the year to December 31 2012 published yesterday (February 21).
Royal DSM saw 2012 EBIT (operating) profits fall 27% to €635m from €866m in 2011 – but the human and animal nutrition business it has invested €2.4bn in since 2010 added 6% in profit.
UK food manufacturer Princes has signed a long-term partnership agreement with Italian pasta supplier Pastificio Guido Ferrara SPA in a bid to boost its European growth strategy.
Uncertainties over the $2.2bn merger of AG Barr and Britvic remain, as the Office of Fair Trading (OFT) yesterday referred the deal to the UK Competition Commission, citing concerns over the closeness of Britvic brands Pepsi and Tango to Barr staples.
Heineken said today it is reviewing its non-core European businesses that don’t focus fully on beer, and asking whether its ownership of such assets makes strategic sense.
Two leading European ingredients suppliers have bucked hard economic times to post strong results for 2012, with French botanical extracts specialist, Naturex, and Finish agriculture, ingredients and brand owner, Raisio, talking up aggressive acquisition...
Few would-be food engineers are “willing to really roll up their sleeves” and engage with unskilled and semi-skilled operators, the boss of Nestlé in the UK and Ireland said.
The Global Alliance for Improved Nutrition (GAIN) has defended its work with the global food industry, saying it is a vital partner in nutrition-changing efforts in the developing world and does not represent a conflict of interest (COI).
Sweden-based vegetable fats firm Aarhuskarlshamn AB (AAK) has reported increased operating profit for the fourth quarter, although volumes were hit by hurricane Sandy in the fourth quarter.
Flavour and fragrance firm Givaudan said increased sales of its flavours for snacks, beverages and dairy products in Latin America boosted its sales during 2012, as it reported a 15% increase in overall net profit.
Heineken has confirmed to BeverageDaily.com that it is working with JP Morgan as it begins a strategic review of its Finnish business, and PepsiCo licensee, Hartwall but refused to comment on rumors of a potential $788m sale.
