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Danone takes National stake

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...

New acquisitions expected to boost Kerry results

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

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

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

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

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?

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

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

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

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

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

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...

Rank Group gains stake in New Zealand DairyFoods

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

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...

Snow Brand Foods sells factory

Japanese Industrial gas producer Air Water Inc. has agreed to buy a Hokkaido-based ham and sausage factory, currently part of the Snow Brand Foods Co....

Future cloudy for dairy takeover

An attempt by a food ingredients billionaire to take over New Zealand's second biggest dairy company could head into difficulties if a farmers' collective wins...

Ingredients entrepreneur bids for NZ dairy

A New Zealand entrepreneur, the main shareholder in Australian food ingredients firm Burns Philp, announced a takeover bid on Friday for dairy products company New...

Commission clears Italian cheese sale

The European Commission this week granted British investment firm BC Partners clearance to acquire the Italian undertaking Galbani, a wholly owned subsidiary of the French...

Chinese dairy giant issues shares

China's largest dairy product maker, Shanghai Bright Dairy & Food, a unit of Shanghai Industrial Holdings, plans to issue more than 100 million Chinese domestic...

Future for scandal-smeared Snow Brand

The next episode in the saga of Snow Brand Milk Products, the Japanese company hit by food safety scandals, unfurled yesterday when the company announced...

Degussa BioActives moves closer to e-commerce activities

German food ingredients supplier Degussa BioActives is one step closer to the reality of e-commerce operations. The company announced this week that it has launched...

Unilever: success for ProActiv functional food brand

Anglo-Dutch food company Unilever this week reported faster growth in the leading brands, strong expansion of operating margin and strong progress for the fourth quarter...

Battered Snow Brand sees shares soar

Shares in Japan's scandal-racked Snow Brand Milk Products soared in Tuesday trade after a weekend report that the company might form an alliance with three...

National Foods bids for Fonterra stake in dairy company

The Australian Commerce Commission has received an application from one of Australia's largest food companies, National Foods, to acquire up to 100 per cent of...

Rumours fuel share hike for Snow Brand

Shares in Japan's Snow Brand Milk Products rebounded on Thursday, boosted by a newspaper report that trading house Itochu was willing to support the scandal-tainted...

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