Mergers and acquisitions in the food industry continue this week
with acquisitive Canadian company Stake technology taking over US
ingredients company Opta Food Ingredients at the price of €28m. The
move marks a bid by Stake to build...
US company Opta Food Ingredients, a developer and manufacturer of
food ingredients, this week reported revenue growth to $7.4 million
(€7.2m) for the second quarter ended 30 June 2002, compared with
$7.0 million for the second quarter...
Opta Food Ingredients has reported a loss in the fourth quarter
ended 31 December 2001 of €360,748. Revenue for the quarter was
$5.9 million (€6.73m) compared with $6.0 million for the comparable