Exports of sugar confectionery from Switzerland rose by more than
10 per cent last year, offsetting a mediocre performance on the
home market. But with imports taking a lesser share of sales this
year, the industry hopes that focusing...
Privately-held Swiss botanical extracts company Emil Flachsmann is
to come under the wing of flavours multinational Frutarom,
following an agreement between the two companies announced this
week. The combined businesses expect sales...
Rewe, the German retail and wholesale operator, has acquired its
Swiss counterpart Bon appétit, a move which will help Rewe
consolidate its position as the number three food retailer in
Europe.
Price discounting by retailers and the strength of the Swiss franc
severly reduced exports of biscuits from Switzerland to Germany, by
far the most important foreign market. The situation is no better
at home, with cheap imports reducing...
The next few years are expected to see strong growth in the
European water cooler market as major players strengthen their
positions. While Nestle has been active in Europe for some time,
Danone - market leader in Asia and America...
In February this year Swiss healthcare group Novartis announced its
intention to divest itself of the Health and Functional Food
(H&FF) arm of its Consumer Health sector business in order to
focus on the core pharmaceutical business....
Switzerland is the latest country to approve the use of natamycin,
an inhibitor of moulds and yeasts, in cheese and meat production
joining the European Union, the US, some South American and Eastern
European countries who have already...
A move by US oil processor Bunge to purchase French oil seed
company Cereol looks set to push it into the number one slot, ahead
of Cargill, as the world's largest soybean processor. Ingredients
company Central Soya, a subsidiary...
Food group Nestle has reiterated its interest in parts of the
functional food unit put up for sale by Novartis after a top
executive said he would like to have the Ovaltine brand in Nestle's
portfolio.
German Degussa BioActives, a business unit of Degussa that
specialises in health-promoting ingredients, announced this week
that it is to intensify itsfocus on sports nutrition.
Despite the negative impact of a strong Swiss franc Swiss food
group Nestlé this week reported a net profit increase of 15.9 per
cent to CHF 6 681 million (€4 524m) from the previous year, setting
a new net margin record of 7.9 per...
A six-year old Swiss cat was found suffering from an illness
related to mad cow disease, probably from eating infected cat food,
said the Swiss veterinary office.
In a bid to prevent US domination in the consumer goods internet
marketplace four of Europe's largest companies are raising a E70m
($60m), the Financial...
