Coca-Cola Enterprises (CCE) insists analysts take a ‘mid-term perspective’ after Pepsi took volume and value share from Coke in Great Britain in Q3 2013 and says it is too soon to assess Suntory’s likely market impact.
Despite a recent split from Solazyme and an on-going legal case, Roquette is “full speed ahead” with its new algae flour and says the health halo effect should propel the ingredient forward.
Unilever has reported slower growth in the third quarter and lower turnover as demand slipped for its products around the world, following last month’s warning of a slowdown in emerging markets.
Nestlé has opened a CHF 73m (€59.1m) factory in Russia to distribute Maggi-brand products across Russia and other Commonwealth of Independent States (CIS) countries.
Mondelēz International is pouring cash into sustainable farming projects, including $400M in cocoa farms in developing economies, to secure a strong and stable supply base.
Nestlé organic sales growth slowed to 4.4% in the first nine months of the year, compared to 6.1% in the same period last year, hit by weaker demand from emerging markets and ongoing recession in Europe.
Food manufacturing giant Unilever will work with international non-profit Solidaridad to drive the sustainable development of the sugar cane industry in Central America.
Hydrocolloids firm CP Kelco has said it will invest a further 60m Danish krone (€8m) to expand its facility in Lille Skensved, Denmark, on the back of increased demand for its amidated pectin, used in low sugar and sugar-free foods.
Danone has confirmed that it is seeking around €200m ($270m) in compensation from Fonterra to cover the costs associated with the infant formula product recalls it ordered in response to the New Zealand-based dairy exporter's recent whey protein...
Dutch animal-derived ingredients giant Vion Ingredients – including the Rousselot gelatine business – is set to be acquired by US-based Darling International in a deal worth about €1.6bn, the company said on Monday.
Cargill has denied any wrong doing in its practices in Colombia after an Oxfam report accused the company of evading Colombian land laws through a method of fragmented purchases.
An EU and Danish-funded initiative has developed an online marketplace specifically for food manufacturers looking to sell surplus stock, targeting buyers in retail, wholesale and the foodservice sector.
Barry Callebaut has opened its first chocolate factory in Turkey, while SunOpta has completed a organic and specialty cocoa processing facility in the Netherlands.
Leading yogurt manufacturers, Danone, Emmi, Lactalis Nestlé, Yoplait, and Müller, have joined forces to launch the first UK industry body dedicated to promoting the nutritional benefits of yogurt.
The Campbell Soup Company has agreed to sell its European simple meals business to private equity firm CVC for €400m, but is retaining its largest and fastest-growing elements.
Chr. Hansen CEO Cees de Jong talks with FoodNavigator about his vision for corporate evolution, with a definite emphasis on emerging markets – without neglecting the company’s European roots.
Mondelēz International invested in a European-wide revamp of its regional gum brands this year and the agency involved said consistency demands were the biggest challenge.
Greencore’s “resilient business model” means the food manufacturer is poised for growth, with its Food to Go business remaining the driver, says City analyst Panmure Gordon.
City analysts remain doubtful about media reports speculating Premier Foods is considering selling its Hovis brand to the world’s biggest baker Grupo Bimbo.
Cargill has said it will pump US$15m (€11.3m) into its French alginates production plant, expanding capacity, upgrading employee safety and improving waste water treatment.
AB Enzymes and Barentz have signed a 5-year distribution agreement, extending their previous partnership for the distribution of bakery, beverage and specialties enzymes.
Ever-expanding Japanese beverage behemoth, Suntory, is the new owner of Lucozade and Ribena, which GlaxoSmithKline (GSK) has sold for £1.35bn (€1.6bn/$2.11bn) as it admits defeat in its internationalisation plans and trains its focus on its pharma activities.
Sources close to GlaxoSmithKline have confirmed that the sale of its iconic Lucozade and Ribena brands to expanding Japanese beverage giant, Suntory, will proceed for a sum closer to initial estimations of £1bn (€1.18bn/$1.55bn), but an industry analyst...
Coca-Cola Enterprises’ CEO says a franchise agreement with Coke prevents rival launches products in the non-alcoholic RTD category, but nothing stops it launching drinks in other sectors.
Chinese food giant Bright Food Group Co may look to continue its international expansion with the acquisition of Israel’s biggest food manufacturer and distributor Tnuva.
The UK second largest biscuit company Burton’s Biscuits has been put up for sale by its private equity owners and could command a £350m ($543m) price tag.
A Hovis bakery strike has shed light on the practice of zero-hours contracts, whereby workers are “on-call” as opposed to having fixed hours and must take work when they are offered it.
