Business

Bakkavor recently sold its remaining Italian pizza business

Bakkavor sees international sales boost

By John Wood

Bakkavor has boosted turnover and profits for the half-year to June 27, with its international business making up for a decline in UK sales in the second quarter.

Nationalism is not the solution - we're all in this milk price crisis together, says the Dutch Dairy Association (NZO)

Milk crisis nationalism is anti-EU, Dutch tell Commission

By Annie Harrison-Dunn

Calls from the French National Federation of Dairy Cooperatives (FNCL) to stop imports of foreign dairy products are contrary to EU single market principles, Dutch groups have complained to the European Commission.

supermarkets account for 0.25Mt of food waste a year, according to WRAP

Retailers shouldn’t carry the blame for food waste, says BRC

By Nicholas Robinson

Food waste reduction by manufacturers and households needs to be the focus of attention since they are the biggest culprits, rather than supermarkets, the British Retail Consortium (BRC) director of food policy Andrew Opie has argued.

Cargill takes over Italian citrus pectin plants, three years after they were bought by US-based FMC

Cargill buys Italian citrus pectin business

By Annie Harrison-Dunn

Cargill is to acquire the pectin operations of US firm FMC - a move it hopes will help it tap into demand for 'label-friendly' ingredients. 

Opinions are divided about the logic of vertical integration of the food supply chain

Supermarkets ‘risk losing millions’ in manufacturing

By Nicholas Robinson

Supermarkets planning to take up food manufacturing in their fight to gain a competitive edge over the limited range discounters Aldi and Lidl risked losing millions of pounds and faced being stuck with underperforming factories, a leading analyst has...

Richmond sausage sales were impacted by deep promotional activity

Kerry Foods sales revenue falls by 6.4%

By Alice Foster

Kerry Foods has suffered losses as a result of heavy promotional activity caused by the major multiples in response to the growth of the German discounters Aldi and Lidl.

Speculation is rife that Unilever will sell off its food brands

Unilever food disposal rumours rise

By Rick Pendrous

Unilever’s relatively flat food business sales for the second quarter (Q2) of the year reported last month and increasing focus on high-end personal care products, will inevitably raise further speculation about its commitment to the sector and the likelihood...

DSM: “Fish oil-based omega-3 sales showed good growth in Europe and Asia.

Q2: Sales up, profits down at DSM Nutritional Products

By Shane STARLING

The food and nutrition ingredients division of Dutch giant DSM has seen sales rise 16% to €1.247bn (US$1.37bn) in Q2 but profits slipped 6% amid ongoing pricing challenges on some vitamins.

Picture: Istockphoto: Daniela Mangiuca

Space... the final frontier for food science at Food Vision USA

By Elaine Watson

To boldly go... where no food conference has gone before? Space food is on the menu at Food Vision USA (we've lined up NASA on day three), but we're just as concerned about what we're eating here on earth, and whether food retailers are...

Brazil dessert firm seeks GCC distributors

Brazil dessert firm seeks GCC distributors

By Eliot Beer

Brazilian dessert producer Mr Bey wants to expand its GCC distribution beyond its current Saudi clients, as the firm targets a major increase in its export business.

The EU has granted a record number of wheat export licenses for this season

EU wheat to maintain competitive edge over US

By Kacey Culliney

More bakers could source more EU wheat as a strengthening dollar and uncertain weather conditions in the US make prices more competitive, says a grains expert.

“Our industry delivers one of society’s greatest traditions and pleasures. It is also a major positive contributor to the European economy,

FDE elects new president

By Niamh Michail

Gilles Morel, regional president for Europe and Eurasia of Mars Chocolate, has been elected president of FoodDrinkEurope for a three-year mandate.

Frutarom buys Taura for US$70m

Frutarom buys Taura for US$70m

By Caroline SCOTT-THOMAS

Israeli ingredients firm Frutarom has acquired New Zealand-based fruit ingredients company Taura Natural Ingredients Holding Ltd for about US$70m, the company has said.

Crowdfunding websites have raised £21M for UK food and drink start-ups

Crowd funding raises food safety fears

By Nicholas Robinson

Crowdfunding bosses have slammed criticism that this growing source of finance is backing food and drink products that are potentially harmful to consumers.

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