AromataGroup has bought a majority stake in Fiorio Colori in a deal that represents the last of an acquisition spree by the flavour and aromatic extract specialists.
Frutarom today announced it had agreed to
acquire German-based Gewurzmuller Group for $67m (€47m), a
move to further expand the company's presence in the
global market for flavours and functional ingredients.
Canterbury Foods' management is hoping the relaxation of the UK's
bovine spongiform encephalopathy (BSE) rules will ease the troubles
its meat processing division is facing in a declining market with
increasing input prices.
Russia's leading dairy and juice producer has declared a steady
increase in its quarterly production output as well as a
reaffirmation of its Standard & Poors rating.
Parmalat representatives from across Europe will meet today to
discuss the measures that the new management will take to help its
distressed units. Trade union leaders in Hungary claim that the
Eastern European country's unit...
Russia's largest beer company, the Baltika Brewery has released
preliminary financial results for the year 2003 which show that it
is continuing to return a solid performance, despite a substantial
restructuring programme and...
Company results continue today with US ingredients company MGP
Ingredients reporting net losses for the third quarter ended 31
March 2003 due to a combination of factors including higher energy
costs and the lack of expected funds...
