Food and drink trade increased in most of Europe last year – though production in a few member states could have been better, said a representative at FoodDrinkEurope.
Europe’s largest frozen foods business Iglo Group has been bought by a pair of US investors for €2.6bn, at 2.4 times return on the original investment made by parent company Permira.
Tate & Lyle has announced a restructuring that will see it make changes to its struggling Splenda sucralose business and exit most of its European Bulk Ingredients business.
Nestlé has reported a better than expected sales jump of 4.4% with sales totalling CHF 20.9bn (€20.25bn), boosted by sales of bottled water and chocolate.
Unilever share prices surged more than 4% within a few hours of the company announcing that its first quarter sales had risen 12.3% to €12.8bn, exceeding expectations.
Nestlé could net up to €300m from the sale of Davigel, as the world’s biggest food company continues to refocus its business activities in to higher value areas, an industry analyst has said.
Seven in 10 of Morrisons’ management board have left the business since new ceo David Potts began work last month, notes City analyst Shore Capital, after the departure of group trading director Casper Meijer on Monday (April 13).
Bakery business will surge following SojaProtein’s multi-million project to restart full fat enzyme-active flour production, along with an increased focus on gluten-free assurances, its food program head says.
France's Solina Group will acquire the industrial flavouring division of Paulig to increase its presence in Nordic countries and Russia, the company has said.
With an ever increasing consumer demand for healthier food products, many within the industry are asking where the growth in healthy foods will come from.
From obesity to malnutrition and water scarcity, the world is facing an ever-growing number of food-related problems. But how responsible is the food industry for fighting back against these issues?
Intertaste has agreed to acquire Caldic’s herbs, spices, dried vegetables and seasonings business in Belgium for an undisclosed sum, the company has said.
Netherlands-headquartered Barentz has acquired PT Astabumi Ciptadaya, a leading food and nutrition ingredients distributor in Indonesia after receiving a capital injection to accelerate expansion.
Mondelēz will bear the brunt of any potential financial sanctions if a charge of manipulating wheat prices brought yesterday by The U.S. Commodity Futures Trading Commission (CFTC) succeeds.
Unisys Corporation has been awarded a multi-million Euro contract as part of a consortium to deliver IT services and support for the European Food Safety Authority (EFSA).
Big beverage companies now recognise the speed and energy of start-ups, but corporations maintain the might and muscle when it comes to distribution. So could both worlds work together?
Consumer-centric innovation must be coupled with real-world scientific insights that explain how to best deliver nutrition to those that need it, says Lucozade’s senior sports scientist.
Aiming to source and develop foods that have subtle points of difference from the competition in terms of quality or product offering is the key to innovation and new product development at UK retail chain Waitrose.
Heinz and Kraft Foods will merge to create the world’s fifth largest food and drink company, after Heinz owners 3G Capital and Berkshire Hathaway agreed to acquire Kraft.
Four top trends – sobriety, risk management, nutritional supplements and everyday indulgence should guide food and drink manufacturers when planning innovation.
European food companies are illegally grabbing land from smallhold farmers in Africa as part of the G8 New Alliance project, says an Action Aid report published this month.
Al Ain Dairy, the largest dairy processor in the United Arab Emirates (UAE), has launched what it claims are the world's first camel milk ice cream and milk powder products available on the mass market.
On the back of a deal with a ‘strong’ equity partner, Barentz International will use the additional funds to accelerate growth in its key markets in Europe, India, China and Asia Pacific, it said.
The Russian ban on Western food imports knocked approximately €80m (US$84m) off FrieslandCampina's 2014 operating profit, the Dutch dairy giant has estimated.
Empowering women in small-hold agriculture is essential to boosting productivity, creating new product launches and generating business - and companies are starting to realise this, says a Fairtrade Foundation report.
Finland’s Paulig Group has mooted a plan to close a Swedish factory in Sweden that produces Tex Mex potato chips and consolidate production in Belgium.
Growth at the fragrance and flavour company was fuelled by the acquisition of the Diana Group and a particularly strong quarterly earnings beating forecasts, said the company.
Food manufacturers should prepare for a positive three years ahead, as the changing economy prompts consumers to spend at pre-recession levels, a leading economist has said.
The Findus Group has snapped up Spanish frozen ready meal firm La Cocinera from Nestlé Spain for an undisclosed sum, following approval from the Spanish competition authorities.
Unique cultivation methods and upcoming innovative applications help Nutress stand out in the bustling Chlorella vulgaris market, says the Dutch company.
General Mills tells BakeryAndSnacks.com that its new Pillsbury Minis were ‘the big buzz’ at AWMA 2015 last week, with its distribution partners excited to see new innovation in the packaged bakery category.
FOUNDER PLANS TO SHAKE-UP DULL US AMBIENT DAIRY-FREE AISLE
Sometimes entrepreneurs have to take a ‘leap of faith’, says Rebel Kitchen founder Tamara Arbib, as she takes her coconut ‘mylks’ to the US just over a year after an initial UK launch.
