French botanicals and ingredients supplier, Nexira, has made good its promise to expand its portfolio and operations by acquiring fellow French firm, Tournay Biotechnologies, for an undisclosed cash sum.
Unilever has added new ‘challenges and wants’ to its open innovation platform, this time seeking help with a stable natural red colour for fruit and dairy, and technologies to reduce sugar in ready to drink teas.
One of the UK’s largest manufacturers of chilled and frozen pizzas, Paramount Foods, has made 118 workers − more than 25% of its workforce − redundant after losing a key contract to supply Morrisons.
Strong growth in emerging markets was a major driver of increased sales in the first nine months of 2012, according to Switzerland-based flavour and fragrance firm Givaudan.
Irish food ingredients company Kerry Group has said it will invest €100m in a new global technology and innovation centre in Ireland, due to open in 2016 to serve its global and regional EMEA customers.
Pasta maker Barilla has opened a new €40m pasta sauce facility near its headquarters in Parma, Italy, with most of the products destined for overseas markets, the company has said.
Chemical distributor Univar has entered into an agreement with Tate & Lyle Sugars to distribute its range of sugar-based sweeteners and texture modifiers across Europe, the company has said.
Givaudan has opened a new €130m production facility in Makó, Hungary dedicated to savoury flavours, which the company says reflects growing demand for savoury flavours in emerging markets.
Britain’s biggest food manufacturer Premier Foods has appointed Geoff Eaton, formerly ceo of Uniq, as chief operating officer and executive director to “accelerate transformation” within the debt-laden giant.
Nestlé has entered a collaborative agreement with US-based life sciences firm Chromocell to develop ingredients for reduced-salt foods that correspond with consumer taste expectations, the company has said.
Israel-based firm Galam Group has said it is tripling its R&D capabilities to provide comprehensive sweetener solutions for food manufacturers – especially as they look to capitalise on the potential of natural sweeteners, the company has said.
Companies that were part of the National Starch group of companies in Europe, the Middle East and Africa have taken on the Ingredion brand from this month, following the official renaming in the United States in June.
Kraft’s global snacks spin-off Mondelez will face fierce competition from the likes of Mars and Nestlé in the emerging confectionery markets of China and Russia, according to an analyst from Euromonitor International.
PureCircle says it is one step closer to establishing its high-purity stevia as a “mass volume, mainstream ingredient” after signing a joint development and supply agreement with soft drinks giant Coca-Cola.
The UK food and drink industry is optimistic about sales prospects in the third quarter (Q3), according to a survey conducted by the UK’s Food and Drink Federation (FDF’s)
Cargill and DSM have entered exclusive discussions that may result in the acquisition of Cargill’s cultures and enzymes business by DSM, the firms have confirmed.
Leading Chinese infant formula manufacturer Synutra l has entered into a commercial partnership agreement with French dairy giant Sodiaal and its subsidiary, Euroserum – a deal the Chinese firm hopes will “further increase consumer confidence” in its...
Müller Dairy UK and Müller-owned Robert Wiseman Dairies have promised a “substantial increase” in the price they pay to their dairy farmer suppliers for milk.
Associated British Foods (ABF) has said that its full year results will include a £100m (€125m) impairment charge for its Australian meat business – although it expects second half earnings to be in line with expectations.
The developing markets of Brazil, Russia, India and China will drive sales for Kraft’s global snacks business Mondelez International, according to CEO Irene Rosenfeld.
WikiCells, a food packaging technology that could eliminate the need for plastic containers, has secured a $10m investment to launch its product next year.
Arla Foods UK has increased the standard price it pays to dairy farmers for milk and adopted a new, more transparent milk pricing and sourcing model in an effort to “build confidence in the British dairy industry.”
Enterprise Ireland invited executives from major US retailers to stay an extra day following the Navy-Notre Dame football game in Dublin on Sunday to meet with Irish consumer goods companies that have potential to expand their presence in the US market.
Flavour ingredients supplier Treatt has added two new ingredients to its TreattSweet range, to improve sweet flavours in products containing high intensity sweeteners, including stevia.
Dairy giant Arla Foods has reported a net profits decrease for the first six months of the year, as the continuing impact of the European dairy price war cancelled out revenue growth in the firm’s core and growth markets.
The increased price of eggs has been the biggest factor behind strong results posted by Ukraine-based international egg and egg products business Avangardco, which boasts hundreds of millions of euros in sales.
Pernod Ricard admits that the effects of a hefty 2012 French VAT hike on spirits has ‘severely affected’ the fortunes of key brand Ricard and other aniseed spirits with 45%+ ABV.
Unilever has shown mixed progress over the past five years, according to Andrew Wood, senior research analyst for food and home & personal care products at Sanford C Bernstein, based on its predictions for the company made in 2007.
Irish dairy giant Glanbia has signed a Memorandum of Understanding with Glanbia Co-operative Society Limited to enter into a joint venture in respect of its Dairy Ingredients Ireland (DII) business.
Robert Wiseman Dairies has launched an initiative with dairy farmers to increase the transparency of how it determines its farm gate milk prices (FGMP).
Irish dairy giant Glanbia has been granted permission to build a new processing plant – a development planned in anticipation of its potential joint venture with Glanbia Co-operative Society Limited.
UK food manufacturers are bucking the trend of declining orders in other industries to claim strong performance by comparison, according to the Confederation of British Industry (CBI).
Frutarom has posted strong double digit growth figures for its second quarter/half year results, driven by acquisitions, organic growth, price increases, falling raw material costs and more favourable purchasing deals.
Norweigen consumer goods giant Orkla are on track to meet competition from large multinationals in the international with acquisition of Reiber & Søn for over €800 million.
German confectionery coatings firm Capol will have increased presence in the United States after its private equity owner purchased a US distribution business.
