Chr. Hansen has named Mauricio Graber as the man who will succeed Cees de Jong as chief executive. What will change at the top mean for the ingredients supplier’s strategy and could it signal any portfolio shifts?
Increased sales in developing markets for its flavour division have helped flavour and fragrance giant Givaudan to sustained growth above the market average for the first nine months of 2013.
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Innocent co-founder Richard Reed tells BeverageDaily.com that he anticipates the brand will probably attempt to crack Latin America using Coke’s marketing muscle, before launching in the US.
Ecolab has acquired a Mexico-based manufacturer and provider of cleaning, sanitizing and water treatment products and services to strengthen its position in Latin America.
Rampant acquisitionist Naturex will make 3-4 European and North American acquisitions in 2012, once it completes a deal with an unnamed Asian supplier by the end of March, CEO, president and founder, Jacques Dikansky has told this publication.
Despite the market stranglehold of Coca-Cola and PepsiCo on the Middle East and Africa, smaller carbonates firms could still exploit a trend towards rising consumption amongst youthful populations in these regions.
Latin America and Asia led the way with strong sales for Givaudan’s flavour division in 2009, prodding it towards 1.9 per cent sales growth in local currencies in a tough year for industry.
Cargill has launched a Spanish version of its texturising website, so it can share application and technical tips with professionals in the Spanish and Central and Latin American markets.
Latin America presents growing opportunities for investment for food manufacturers, even as the economic crisis takes its toll on American and European markets, according to a new market report.
There is a growing demand for cocoa from Latin America to meet the
increasing popularity of premium chocolates in Europe and the US,
according to a speaker at the recent meeting of the World Cocoa
Foundation (WCF) in Ecuador.
Europe's retailers are among the most international in the world,
but one market where they are still under-represented is Latin
America. Yet as the region's economies begin to strengthen after
several difficult years, the...
The expansion of the European Union from 15 to 25 Countries in May
2004 could signal the promise of lucrative new markets for banana
producers, according to the UN Food and Agriculture Organziation.
Europe's largest food retailer Carrefour has followed its decision to withdraw
from the race to acquire Ahold's Brazilian assets with a further
reduction in its presence in Latin America.
In a bid to reinforce customer relations in Latin America, the
dairy ingredients business unit of DSM Food Specialties' has
expanded its presence in Latin America with the opening of a new
sales and customer services office in...
Ireland's Glanbia and Uruguay's Conaprole have joined forces to
help develop the market for dairy ingredients in Latin America. A
new joint venture company, Conabia, based in Mexico, will develop
sales throughout Central...
McDonald's Corp. said on Thursday that its fourth-quarter net
income had fallen 40 per cent, its fifth straight quarterly
decline, as the fast-food giant took charges for U.S. restructuring
and faced declining sales in Latin...
