Business

Solbar ready to power up for growth post acquisition

Dispatches from Vitafoods Europe 2012

Solbar ready to power up for growth post acquisition

By Rod Addy

Solbar is preparing for strong global growth in the wake of its acquisition by farmer agri-cooperative CHS, according to Todd Watson, CHS global protein sales and development manager for food and food ingredients.

Siveele works with a range oif additives, including nisin

China invests in Dutch additives firm Siveele

By Rod Addy

Dutch food additives firm Siveele will benefit from considerable investment in the business from Chinese manufacturer Pangbo Biological Engineering, with preservatives being one focus for future development.

Symrise boosts menthol capacity at Holzminden with Lanxess help

Symrise targets menthol demand as Holzminden site expands

By Rod Addy

Flavours and fragrances giant Symrise outlined plans to grow the menthol category for foods and personal care products after confirming the completion of a €16m expansion in Holzminden, Germany, yesterday.

LycoRed expands natural colours range

Dispatches from Vitafoods Europe 2012

LycoRed aims new products at all-natural trend

By Rod Addy

LycoRed is facing a wave of consumers demanding natural alternatives to existing colours and is responding with new formulations in addition to broader product development.

Solbar outlines EU growth strategy post CHS acquisition

Dispatches from Vitafoods Europe 2012

Solbar targets UK, Europe for growth

By Rod Addy

Soy protein firm Solbar has outlined big plans for growth in several fields, including dietary and sports nutrition following the completion of its acquisition by US-based farmer co-operative CHS in February 2012.

Roquette buys out production assets of Indian starch firm to strengthen market presence

Roquette-Indian starch JV to drive market traction

By Kacey Culliney

French ingredients firm, Roquette, has bought three Indian starch production sites forming a new joint venture business in a bid to strengthen market presence in the strong Asian market.

Kellogg's hopeful that it can pop open Pringles globally

Kellogg seals the lid on Pringles buy

By Kacey Culliney

Cereal giant, Kellogg, has sealed its buy-out of Pringles for US$2.7bn, set to triple international business and stack it into second place on the global snacks market.

Cadbury bursts into UK popcorn segment

Cadbury bursts into UK popcorn segment

By Kacey Culliney

Kraft-owned Cadbury has expanded its sharing bag portfolio with a chocolate-coated toffee popcorn product, in a bid to burst into the UK’s rattling £42m (€52.46m) popcorn market.

 Food industry: Tate & Lyle annual results reveal Eminate development

Tate & Lyle plans more innovation as sales soar

By Rod Addy

Tate & Lyle revealed big plans for innovation as it reported soaring sales and profits driven by market forces that benefited its development of sweeteners and speciality ingredients.

Premier Foods IT project delivers massive savings

Premier Foods IT project delivers massive savings

By Rod Addy

UK grocery giant Premier Foods has halved IT operational costs in a project launched in conjunction with Google Enterprise that will enable it to coordinate cross-functional business projects more efficiently.

Greencore sales rise after Uniq acquisition

Greencore sales rise after Uniq acquisition

By Oliver Nieburg

Irish convenience foods manufacturer Greencore saw its sales soar in its first quarter interim results driven by its recent acquisition of Uniq.

LycoRed is conducting continuous research into the health benefits of tomato extract

LycoRed to target Eastern Europe

By Rod Addy

LycoRed plans to target Eastern Europe for sales growth, according to newly appointed global vice president of marketing and sales for Europe, Middle East and Africa Frederic Nanquette.

Cider drives profits for C&C

Cider drives profits for C&C

By Rod Addy

C&C Group has posted annual profit growth in its global alcoholic drinks business, driven by robust growth in cider.

Glanbia dismisses Dairy Ireland spin-off ‘speculation’

Glanbia dismisses Dairy Ireland spin-off ‘speculation’

By Ben Bouckley

Demand for whey products underpinned a strong first quarter for Glanbia with analysts hailing an ‘encouraging start’ to the year, but the firm has dismissed talk that it plans to spin-off its Dairy Ireland business as 'speculation'.

Symrise posts strong start to 2012

Symrise posts strong start to 2012

By Rod Addy

Symrise has unveiled strong first quarter results, buoyed up by performance in emerging markets such as Eastern Europe.

VSI's new factory can even make triple-layered bars

Dutch bar manufacturer VSI opens third factory

By Rod Addy

Dutch non-branded bar manufacturer VSI has begun operations at a €10m plant in Leerdam, Holland, which incorporates a research and development (R&D) centre and has the capacity to make triple-layered bars.

The partnership enables both parties to share specialities in grain flours

Kampffmeyer outlines benefits of Meyerhans deal

By Rod Addy

Manufacturers of baked goods and other foods in Germany, Switzerland and Liechtenstein will benefit from extended services and capacity following the sales partnership between Kampffmeyer Food Innovation (KFI) and Meyerhans Mühlen.

Kerry results boosted by recent acquisitions

Kerry results boosted by recent acquisitions

By Nathan Gray

Kerry Group’s 2011 acquisitions have performed well for the ingredients and flavours giant, boosting its Q1 results despite challenges in trading conditions.

Mixed Q1 results for beverage giants

Mixed Q1 results for beverage giants

By Joe Whitworth

Ball Corporation and Silgan Holdings have reported mixed Q1 results with each identifying differing factors that drove performance.

Nestlé posts 7.1% confectionery growth in Q1

Nestlé posts 7.1% confectionery growth in Q1

By Oliver Nieburg

Nestlé has recorded 7.1% growth for its confectionery business in its first quarter (Q1) results released today driven by emerging chocolate markets such as Latin America and Asia.

Chr Hansen shares jump 9% on strong H1 profits

Chr Hansen shares jump 9% on strong H1 profits

By Shane Starling

First half EBIT profits for 2011-12 surged 19% to €83m at Chr Hansen as it shrugged off the effects of severe fluctuations in the price of red colorant carmine, and ongoing probiotic health claim uncertainty in Europe – its biggest yet most stagnant market.

Skinny Cow - One Nestlé Peters Brand

Nestlé Australia cold on ice cream business sale rumours

By Ben Bouckley

Nestlé Australia has refused to confirm rumours that it is looking to exit its Nestlé Peters ice cream business in the country, after press reports today suggested a potential AUS $330m (€261m) sale.

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