Business

Real Good Food businesses

Real Good Food sales jump 27%

By Oliver Nieburg

UK bakery and ingredients firm Real Good Food has posted sales and profit growth in its half year results.

Franco-German millers penalised for flour cartel

French flour millers fined over €149m for price fixing

By Jane Byrne

As a probe continues into the practices of French flour mills supplying commercial bakeries, France's anti-trust watchdog has this week hit those producers with a €149.4m fine over price fixing on packaged flour sold in supermarkets.

Pektowin acquisition set to be a lucrative fruit and veg basket for Naturex?

Heavily strategic Polish buy-out for Naturex finalised

By Kacey Culliney

French botanicals giant, Naturex, will venture into the fruit and vegetable concentrates sector for the first time and almost double pectin production, as its acquisition of Polish manufacturer, Pektowin, is finalised.

De Monchy enters the oils trade business

De Monchy enters the oils trade business

By Kacey Culliney

Flavour specialist De Monchy Aromatics has opened a new trading subsidiary that will source and supply essential oils for the global market.

The yeast market is tough, but enzymes and extracts are strong, says ABF

ABF ingredients division's weak link doesn't break strong chain

By Kacey Culliney

ABF’s pre-closed period trading report released earlier this week showed its ingredients business to be its weakest, but the CEO of ABF Ingredients said this is a reflection of the difficult conditions in the yeast and bakery markets, and not on overall...

DSM readies €2bn+ acquisitions war chest as 2011 profit jumps 15%

DSM readies €2bn+ acquisitions war chest as 2011 profit jumps 15%

By Shane Starling

Nutrition and polymers were the stand-out divisions for Royal DSM in 2011, a year that saw operating profits rise 15% from €752m to €866m, as the newly life science-oriented ingredients giant singled out Martek buy-out success and committed to ongoing...

ABF’s ingredients division needs self-improvement: Analyst

ABF’s ingredients division needs self-improvement: Analyst

By Kacey Culliney

Associated British Foods (ABF) is on track to deliver strong, full-year growth, however, high raw material costs in a competitive environment has seen the group struggle against stronger, more aggressive players in the ingredients market.

Nestlé promises UK Dolce Gusto recycling 'solution' update shortly

Nestlé promises UK Dolce Gusto recycling 'solution' update shortly

By Ben Bouckley

Nestlé plans to build a new Dolce Gusto factory in Germany to capitalise on one of its fastest-growing European businesses, with a growth rate of over 50%, and told BeverageDaily.com it is exploring 'solutions' that will allow UK consumers to...

Albert Adroer

DAIRY MAN OF THE MONTH - FEBRUARY

Dairy man of the month – Albert Adroer (Premium Ingredients)

By Ben Bouckley

DairyReporter.com asked Albert Adroer, general director of Spanish functional ingredients firm Premium Ingredients, what makes him tick in the dairy world, and also how he unwinds in the fair Spanish city of Barcelona.

CSM profit slump prompts rethink

CSM profit slump prompts rethink

By Oliver Nieburg

Ingredients firm CSM has taken a 30% profit plunge in its 2011 results as it looks to refocus its strategy, which will lead to job losses.

Kraft appoints new legal head

Kraft appoints new legal head

Food giant Kraft Foods has appointed Gerhard "Gerd" W. Pleuhs to lead its global legal team after its current head plans to leave in April.

Thorntons plans store closures as profits slump

Thorntons plans store closures as profits slump

By Oliver Nieburg

UK chocolatier Thorntons has suffered a 63% decline in profits in its half yearly report and intends to close almost half of its own stores and focus on commercial retail sales.

'Growth potential' in emerging markets

IFF profits slump 56% on ‘unprecedented’ raw material costs

By Caroline Scott-Thomas

International Flavors and Fragrances (IFF) saw net profits slump 56% in the fourth quarter due to one-off costs and ongoing high raw material prices, but adjusted results were largely in line with analysts’ expectations.

Raw material price hikes boost sales for AAK

Raw material price hikes boost sales for AAK

By Oliver Nieburg

AarhusKarlshamn (AAK) has posted modest growth in its fourth quarter (Q4) and final year results driven by raw material price increases and strong performance in its core food ingredients segment.

Something to smile about: Pom-Bear sales have reached about £15M

Intersnack's seven figure investment in UK snacks

By Rod Addy

European giant Intersnack is challenging PepsiCo and United Biscuits brands in the UK as it prepares to dramatically increase its profile, with a seven-figure investment in UK production.

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