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Danone increases WBD stake

French dairy and bottled water group Danone has increased its stake in the Russian dairy group Wimm-Bill-Dann from 4 per cent to 6.24 per cent...

Bongrain bullish despite sharp drop in profits

Despite a 12.5 per cent drop in operating profits to €52.4 million for the first half of the year, French cheesemaker Bongrain said it was...

Swiss Dairy Foods goes into receivership

Swiss Dairy Foods, the company formed by the merger of the dairy groups Toni and Santis, has gone into receivership after finally succumbing to its...

DSM boosts lactoferrin production

Dutch life science company DSM, together with Agennix, a US developer of recombinant human lactoferrin, has opened a new manufacturing facility on DSM's fermentation site...

Dairy Crest, more than butter

Britain's biggest dairy products firm Dairy Crest group is poised to buy St Ivel spreads from Uniq for £50-60 million pounds (€79-95 million), to rival...

Dairy Crest in line for St Ivel spreads

Dairy Crest, the largest dairy products group in the UK, is thought to be preparing to buy the St Ivel spreads business put up for...

Parmalat improves in difficult first half

Italian dairy group Parmalat has said it is encouraged by its first half performance in the light of the difficulties facing the world economy. The...

Wimm-Bill-Dann expansion hits profits

Russia's largest dairy producer, Wimm-Bill-Dann, has registered net profits of $22.4 million (€22.8m) for the first half of fiscal 2002, a 3 per cent decline...

'Solid' performance from Glanbia in difficult first half

Doing business in international dairy markets has been difficult in the first half of the year, according to Irish company Glanbia, but this has not...

Stable results for Aarhus

Danish oils and fats company Aarhus Oliefabrik on Thursday reported a drop in operating income to DKK93m (€12.5m) for the first six months of 2002,...

Receivers called in at UK dairy plant

Amelca, one of the UK's newest dairy processors, has gone into receivership just three months after opening its first plant in Foston, Derbyshire, according to...

Russia dairy buy-out

As part of its strategy for regional expansion in Russia, Wimm-Bill-Dann Foods has purchased Roska St. Petersburg Dairy Company for about €12 million. The company...

Job losses as dairy group merges

Dairy Foods, a New Zealand consumer dairy products company, said it will merge its food and beverages divisions as part of a major restructuring of...

Enzymes support sustainability

Danish enzyme company Novozymes claimed this week that research into local crops in Brazil as a source of inexpensive and nutritious food is part of...

Steady growth for Novozymes

Danish enzyme group Novozymes this week reported continued business growth for the first half of 2002 with an increase in the net turnover of 8...

Vegetarian message deemed 'alarming'

The UK Advertising Standards Authority (ASA) has ordered an animal rights pressure group to stop making "alarmist" and "unsubstantiated" claims about the risks of eating...

Profit leap for Burns Philp

Australian yeast and natural ingredients company Burns Philp this week reported a healthy 65 per cent jump in net profit to A$146.2 million (€80m) for...

Yakult scandal has negative impact on shares

Yakult Honsha shares dropped sharply today following a report in Japanese press this weekend that the Japanese beverage maker paid off a suspected racketeer, reports...

Scandal hits Yakult

Shares in functional drink giant Yakult Honsha on Monday dropped sharply after a local weekend report that the Japanese beverage maker had paid off a...

Indian dairy processor expands

Indian food processor Heritage Foods, involved in the business of milk and milk products, is to set up four more milk procurement and processing centres...

Beghin-Say talks extended, again

Italian energy company Edison and a consortium of sugar beet producers said on Friday that they had, once again, agreed to extend exclusive talks on...

IFF European flavour sales drop

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

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

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

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...

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