Financial

01-Aug-2002 - Leading US flavour company International Flavors & Fragrances (IFF) this week reported an increase in sales for the second quarter 2002 with figures exceeding previously...

WBD buys Ukrainian dairy plant

24-Jul-2002 - Russian juice and yoghurt maker Wimm-Bill-Dann has announced the acquisition of 75 per cent of Kharkovsky Dairy Plant in Ukraine for $4.5 million (€4.55m). Wimm-Bill-Dann...

Manufacturing alliance for Express Dairies

08-Jul-2002 - Express Dairies went some way towards lightening its crushing debt load yesterday, when it sold its UHT milk and Frome Creamery businesses to Milk Link...

Astrapak consolidates second spot in SA

04-Jul-2002 - South African packaging group Astrapak says it has consolidated its place as the country's second largest packaging group, after its shareholders approved a R123 million...

Cool spring has impact on Unilever sales

25-Jun-2002 - Anglo-Dutch food consumer product group Unilever said on Monday that it is on target to meet second-quarter earnings estimates despite the drag on overall revenue...

Nestlé scoops Dreyer's

17-Jun-2002 - Swiss food group Nestlé this week announced that it has entered into an agreement to combine Nestlé's US ice cream business with US ice cream...

UK yoghurts tempt Danone?

12-Jun-2002 - French food giant Danone is believed to be interested in St Ivel, the yoghurts division of the UK food group Uniq (formerly Unigate), reports French...

Danone takes National stake

06-Jun-2002 - Groupe Danone, the French dairy giant, has taken a 10.1 per cent stake in National Foods, Australia's largest listed dairy company. The purchase price was...

Danone takes National stake

06-Jun-2002 - Groupe Danone, the French dairy giant, has taken a 10.1 per cent stake in National Foods, Australia's largest listed dairy company. The purchase price was...

Illegal flavouring agents prompt food recall

04-Jun-2002 - Five Japanese companies have said they will recall a wide range of food products which were made using three banned flavouring agents. The ingredients -...

New acquisitions expected to boost Kerry results

31-May-2002 - A number of recent acquisitions by Irish food ingredients, flavours and consumer foods group Kerry will help the group post 2002 results in line with...

New acquisitions expected to boost Kerry results

31-May-2002 - A number of recent acquisitions by Irish food ingredients, flavours and consumer foods group Kerry will help the group post 2002 results in line with...

European whey processing venture

30-May-2002 - Volac International of the UK and Dutch group D.O.C Kaas are to form a new joint venture company which will use cutting edge technology to...

Robertet remains undervalued but undeterred

28-May-2002 - Robertet, the French flavours and fragrances group, has seen a sharp rise in its share price this year helped by renewed interest in the sector...

Dairy groups' profits tumble

28-May-2002 - Meiji Dairies Corp has announced its group net profit fell 45.4 per cent from the previous year to ¥2,093 million (€18.2mn) in the year ended...

Snow Brand posts record loss

23-May-2002 - Japan's scandal-ridden Snow Brand Milk Productshas unveiled a revival plan including financial aid and job cuts as it aims to stay afloat after posting another...

Scandal stricken Snow Brand on the up?

22-May-2002 - Shares in Japan's scandal-ridden Snow Brand Milk Products Co soared more than 11 per cent on Tuesday after investors saw signs of a practical revival...

Profits dip for UK milk processor

15-May-2002 - UK milk processor Robert Wiseman Dairies has reported a decline in pre-tax profit after losses and costs associated with reorganisation and an inquiry by Britain's...

Coke planning milk drink rollout

15-May-2002 - Coca-Cola, the world's largest soft drinks company, is set to unveil the latest addition to its portfolio - a milk-based drink called Choglit. According to...

Danisco buys more shares

14-May-2002 - Danisco, the Danish ingredients group, has continued with its share repurchase programme, taking the total number of its own shares held by the company to...

Snow Brand talks to its banks

13-May-2002 - Japanese dairy product maker Snow Brand Milk Products, which has been at the centre of a number of scandals in recent months, said it is...

Death of Danone founder Antoine Riboud

06-May-2002 - Antoine Riboud, the founder and former chief executive of world food giant Danone, died on Sunday, said the company. Riboud built up the former glass...

AB Enzymes buys enzyme business

02-May-2002 - German enzyme company AB Enzymes, a subsidiary of ABITEC Group, the food ingredient and specialty chemicals group, announced this week that it has acquired Gamma...

Rank Group gains stake in New Zealand DairyFoods

25-Apr-2002 - New Zealand dairy company Fonterra has agreed to accept an improved offer from Rank Group for its stake in New Zealand Dairy Foods (NZDF), reports...

Sales up for Danone 1Q

24-Apr-2002 - French food company Groupe DANONE reported consolidated sales of €3,583 million for the first quarter of 2002, compared to €3,423 million in the first three...