Agrana has opened a new €70m wheat starch processing facility in Austria to allow the company to offer wheat starch as well as its existing corn and potato starch ranges.
Nestlé has started construction of a new €220m facility in Germany for manufacturing its Nescafé Dolce Gusto coffee capsules – the company’s largest ever German investment.
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.
Naturex hosted 500 of its employees and guests the weekend just passed as it inaugurated a €12m expansion of its Avignon HQ in southern France. We caught up with CEO Thierry Lambert who said further expansion at its other global sites was very much on...
Ingredients firm Jardox has recruited innovations talent from Premier Foods to spearhead a new product development (NPD) push after opening a £3M new plant.
Arla Foods UK has entered into an agreement with a management buy-out team led by two former Milk Link executives to sell its Devon-based milk drinks business, Crediton Dairy.
BEVERAGEDAILY.COM SPECIAL EDITION: SWEETENER INNOVATION
Ajinomoto’s industrial aspartame business lost billions of yen in 2012, but the company’s Senior VP for North America tells BeverageDaily.com it is working hard to ‘stabilize profitability’.
Management target $45m cost savings to mAKE CASE FOR STANDALONE FUTURE
Trade union Unite has described the threat to 290 Britvic jobs across three UK sites as a ‘bitter blow’and aims to talk with management next week in a bid to save the firm’s historic Chelmsford factory.
DISPATCHES FROM THE 2013 INNOBEV GLOBAL BEVERAGES CONGRESS, WARSAW, POLAND
The rise of discount retailers – along German lines – will create huge challenges and opportunities in Poland’s RTD beverage market through to 2020, says the general manager of Coca-Cola Hellenic Polska.
Innocent co-founder Richard Reed tells BeverageDaily.com that he anticipates the brand will probably attempt to crack Latin America using Coke’s marketing muscle, before launching in the US.
Own-label food manufacturers, meat processing firms and bakery ingredients companies are among 40,000 small and medium-sized enterprises (SMEs) still awaiting compensation after some banks mis-sold loan ‘protection’ products which proved both damaging...
BIG BEER HIT BY TAX HIKES, ADVERTISING & KIOSK SALES BANS
Coca-Cola Hellenic (CCH) insists its brands will continue to take market share in Russia from PepsiCo, as well as brewers hit by taxes and alcohol advertising and kiosk sales bans.
Chilled convenience food manufacturer Bakkavör claimed its wide product portfolio had allowed it to offset the effects of poor weather and the horsemeat crisis, after releasing first quarter results for the 13 weeks ended 30 March.
Groupe Danone has acquired a 92% stake in US-based organic baby food company Happy Family, saying that it intends to step up development of the company and its brands.
While Mondelēz is not expecting a significant turnaround in gum this year, the world’s #2 gum maker behind Wrigley is “actively testing a number of ideas to rejuvenate the category” that are just starting to pay off, CEO Irene Rosenfeld told analysts...
Danone has signed an agreement to buy a 50.1% controlling stake in Turkish bottled water player Sirma, and said that Turkey was a 'strategic country' for its waters division.
Dairy giant Arla Foods has acquired the remaining stake of the joint venture that controls its activities in Russia – a move the company claims “cements” its ambitions in the country.
According to a recent market report, more than half of the consumer packaged goods (CPG) merger and acquisition (M&A) activity in 2012 involved food-based companies.
Frutarom Savory Solutions, a division of Israel-based flavours giant Frutarom, is doubling capacity in Sittensen, Germany, to meet growing demand for savoury flavours from Germany and Eastern Europe.
Greencore’s chief operating officer (coo) Di Walker is stepping down from her position as a director of the company on May 24, it was announced today (May 2).
Kerry Foods, part of the Irish Kerry Group, has been hit by the difficulty of recovering its rising ingredients costs, it reported in its first quarter (Q1) results released today.
Naturex has seen sales rise 13.2% to €83.2m in Q1 2013, with Nutrition its star core business performer, leaping about 33% from €22m to just over €29m.
Yakult and its largest shareholder, Danone, have scrapped their nine-year old “strategic alliance” in favour of a new, looser agreement to further their “collaborative relationship.”
Unilever’s ice cream sales in Europe have been hit by the poor Spring weather, it has emerged as the consumer goods giant announced its first quarter (Q1) results yesterday (April 25).
Heineken has played down a 4.7% slump in global sales of its eponymous brand versus Q4 2012, blaming bad weather in Europe and retailer destocking in France and the US.
Unilever has slashed €300m from its costs since 2008 due to sustainability initiatives, while also growing sales 26%, the company said as it unveiled a two-year progress report on its Sustainable Living Plan this week.
UK chocolatier Thorntons has reported increased sales in the third quarter as its focus on the commercial channel drove performance over Valentine's Day, Mother's Day and Easter.
Arla Foods UK has moved to increase its share of the rapidly growing dairy drinks category with the launch of two new products – Wing-Co protein-enriched chocolate milk, and GULP milk shakes for children.
Wales-based character confectionery firm Bon Bon Buddies is aiming to double its sales in the next five years through growth in international markets such as the Middle East.
Mexican anti-trust officials have approved Nestlé’s $11.85bn (€9bn) acquisition of Pfizer Nutrition on the condition that the Swiss firm sells off the acquired infant formula business to an independent third party.
