Business

Danisco buy-out fails to dent DuPont Q2 earnings

Danisco buy-out fails to dent DuPont Q2 earnings

By Shane Starling

Dupont, which earlier in the year warned that its May $6.49bn acquisition of Danisco would dent its yearly profits, has defied expectations in second quarter results published today.

Nestlé pays out €1.2bn for a majority stake in Hsu Fu Chi

Nestlé pays out €1.2bn for a majority stake in Hsu Fu Chi

By Jane Byrne

Nestlé has paid out bought €1.2bn for a majority stake in leading Chinese confectionery maker Hsu Fu Chi, with the Swiss group flagging up access to extensive production capabilities and a major distribution network as its wins.

Moscow

Symrise: We opened in “record time” in admin-heavy Russia

By Shane Starling

German flavours giant Symrise said its longterm experience with exhaustive Russian paperwork via its Moscow sales and marketing office, allowed it to have its new Russian production facility open in “record time”.

Vitafoods expansion offers broad regional promise

Dispatches from Vitafoods Europe 2011

Vitafoods expansion offers broad regional promise

By Jess Halliday

At Vitafoods Europe 2011, Jess Halliday caught up with event director Chris Lee to talk about the show’s ambitious expansion plans into Asia and South America.

DSM on Vitatene, Martek and its investment “shortlist”

Disptaches from Vitafoods Europe 2011

DSM on Vitatene, Martek and its investment “shortlist”

By Shane Starling

DSM’s head of global marketing in human nutrition and health, Gareth Barker, explains why it has bought a carotenoid supplier (approval permitting), how the Martek acquisition is progressing, and why the company is not finished spending yet.

Allied Bakeries invests in Burgen brand

Allied Bakeries invests in Burgen brand

By Ben Bouckley

Bakery and bakery product supplier Allied Bakeries is investing £200,000 in its healthy bread brand Burgen, following recent category sales growth.

DuPont succeeds in Danisco bid

DuPont succeeds in Danisco bid

By Caroline Scott-Thomas

US chemical group DuPont has successfully completed its tender offer for Danisco, as 92.2 percent of outstanding shares in the Danish food ingredients firm were tendered by Friday’s deadline, DuPont said on Monday.

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