Business

McCormick's brands include Schwartz

McCormick’s £62.5M Italian spice acquisition

By Rod Addy

McCormick & Company has bought Italian spices business Drogheria & Alimentari (D&A) for €85M (£62.5M) in a deal it claims will boost the portfolio it offers retailers and manufacturers.

The Ugandan farmers claim the joint venture grabbed land without compensating them. (Picture Credit: FoEI / ATI - Jason Taylor)

Ugandan farmers set to sue land-grabbing palm oil venture

By Nathan Gray

A joint venture between palm oil giant Wilmar International and the UN International Fund for Agricultural Development (IFAD) is set to be taken to court as Ugandan farmers seek damages for land they say was grabbed in 2011.

Vote for British food, urged Meurig Raymond and deputy presidents Minette Batters and Guy Smith

Election 2015

Food to be highlighted ahead of election

By Michael Stones

A nationwide campaign to highlight the contribution of food and farming to British national life and the economy, ahead of the general election will be launched by the National Farmers Union (NFU) next week.

Bulcke said he expected results for 2015 to be similar

Nestlé profits jump despite slow growth

By Caroline SCOTT-THOMAS

Nestlé missed its growth estimate for 2014 and has forecast around 5% growth for 2015 – at the low end of its previous target of 5-6%.

DSM CEO: Global economy continues to exhibit “microeconomic uncertainty and low consumer confidence”

Giant confronting omega-3, vitamin E challenges

DSM nutrition profits dip 7% in 2014

By Shane STARLING

Pricing and sector market challenges, currency fluctuations and some stiff economic headwinds have contributed to 2014 full-year EBITDA profits sliding 7% for the world’s biggest nutrient player, DSM.

scottish skills gap number one threat

Scottish skills gap 'number one workforce threat'

By Niamh Michail

Growth in Scotland’s food and drinks industry relies on close collaboration between businesses and schools, said the Scottish Food and Drinks Federation (SFDF) at a Scottish Parliament reception.

The gluten-free liquid barley malt contains less than 20 ppm of gluten and can be used in bread, cereals and cookies

Dispatches: ISM/ProSweets 2015

Döhler debuts gluten-free barley malt for bakery

By Kacey Culliney

Ingredients firm Döhler has developed a gluten-free barley malt extract that can enhance the taste, texture and visual appeal of baked goods.

One of Frutarom's flavour labs

Frutarom buys FoodBlenders for £2M

By Rod Addy

Frutarom Industries has acquired FoodBlenders, a UK savoury ingredients business specialising in convenience foods, in a combined offer estimated at £2M.

ICL's CEO said the deal could help it enter the food and nutrition markets in China and the Far East, as well as the EU

Israel Chemicals to acquire Prolactal

By Caroline SCOTT-THOMAS

Israel Chemicals’ (ICL) Food Specialties business unit has agreed to acquire dairy proteins specialist Prolactal for an undisclosed sum.

Findus makes a range of frozen food lines

Findus’ performance may hook acquisitive investors

By Rod Addy

Findus Group’s UK arm has become a more attractive acquisition target after the global business confirmed it had experienced its second consecutive year of positive growth, although it has denied sell-off rumours.

Brennan: 'Germany could be one of the top three or four markets in the world for us'

Quorn gears up for massive NPD push

By Rod Addy

Quorn has revealed plans for substantial new product development (NPD) activity this year, including gluten-free and vegan lines, which it expects to fuel UK and international growth.

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