Unilever is said to be headhunting for a new CEO to step in when Paul Polman retires, prompting speculation over a suitable replacement and a sizing up of Polman's impact and legacy on the firm.
HKScan Finland has boosted its foothold on the beef market through its acquisition of the remaining half of Paimion Teurastamo (Paimio Slaughterhouse) from Wellcapita, based in Turku, Finland.
Luis Cantarell, who headed up €500m+ food-pharma crossover research centre Nestlé Health Science when it launched in 2010, is retiring after 40 years at the Swiss food giant.
Danish Crown’s vice president Flemming Enevoldsen, who heads up the company’s subsidiary Tulip, has resigned by mutual consent after a number of high-level strategic disagreements over the UK market.
Mondelēz International hopes to “significantly expand margins” through healthier versions of its products, product innovation and more reliance on digital media.
Candy industry experts report confectionery sales are faring better than figures in other retail food markets, with US shoppers snapping up nearly $34bn worth of sweet treats annually.
Nestlé is among four companies to have officially registered with a Europe-wide initiative aiming to tackle unfair commercial practices in the food supply chain.
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.
When French firm Iranex announced in November that it was merging Bio Serae Laboratoires and Colloides Naturels International (CNI) to form Nexira (an anagram of Iranex), some wondered about the wisdom of scrapping two established and recognised brands.
Danisco has reported the first quarter of year-on-year growth for its sweeteners division since xylitol problems struck two years, but staff reductions are on the cards to get a strong foothold on profitability.
Danisco sold ‘somewhat disappointing’ volumes of xylitol at the start of its new financial year, but says the sweeteners division is on track for recovery thanks temporary closure of xylitol plants and inventory reductions.
Danisco is confident in the long term strength and potential of food cultures – so much so it recently pledged €60m to expand capacity. That confidence is based on three pillars, says Danisco Cultures’ VP: convenience, health, and food safety.
Danisco has reported a slowdown in food ingredient volume sales in Q3 as the economic downturn kicks in; sweeteners and enablers are worst hit, but growth rates in cultures ‘satisfactory’.
Danisco has named Stephane Constant as the new executive vice president to head up its sweeteners division. Constant will drive the overall strategy for the operating unit.
Appointments over the last month include a new sales director at Land O’Lakes to grow its national accounts and an award-winning French pastry chef has joined Barry Callebaut’s chocolate academy. Diamond Foods has created a new sales position and Chr...
Danisco has obtained European approval for its planned acquisition
of ABF Ingredients' Abitec emulsifier business, which is expected
to strengthen its position in some key European markets.
Biotechnology firms Monsanto and BASF have entered into a research
and development agreement that aims to pool the companies'
resources in an effort to bring a greater number of traits to the
market at a faster speed.
French dairy group Danone has bought complete control of its
Japanese joint venture, lured by the promise of riches from rapidly
growing consumer demand for healthy dairy products.
Frutarom is acquiring Acatris Health for €10.5m cash in the latest
step in its rapid expansion programme - a move expected to bolster
its R&D and human resources, and create new cross-selling
opportunities.
Finnish food group Raisio has downgrades its expectations for
full-year 2006 as it grapples with the weak performance by its
Finnish, Swedish and Russian food business and diagnostics, and
carries the costs of restructuring.
Danish food ingredients group Danisco has denied rumours
circulating in the local press that it is in talks to sell its
stake in US biotech company Genencor.
