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Parmalat's financial problems have forced many of its foreign business into the red. An Irish unit has this week been declared insolvent, the US has filed for bankruptcy, but the Mexican arm has been given the clear to restart its business.
Milk Link the UK's fourth largest integrated dairy business, has this week announced that it is to continue its trend of acquiring units by buying Peninsula Milk Processors.
Driving hard into value added ingredients has paid off for Irish food group Kerry as the company faces off tougher currency exposure in 2003 to see a steady rise in sales and operating profit. European bottom line benefits from greater awareness of health, food safety and convenience foods.
The link between milk and bone health forms the focus of a new study on children that showed a regular glass of the white stuff can prevent fractures.
Milk Link and Glanbia plan to embark upon a new business venture in an effort to exploit the UK cheese market. The new formation will be 75 per cent owned by Milk Link and 25 per cent owned by the Glanbia.
Countdown to the integration of 10 new member states in Europe this April begins under the aegis of the Irish presidency. For manufacturers, a clear understanding of the marketplace in these countries will be vital to pitching the right message, tackling new consumers and driving sales growth. A new report reveals opportunities for whey products reaching far beyond its traditional function as a milk powder substitute with a drive towards sweet whey mirroring a current trend in the west.
The Bulgarian government has confirmed that it is establishing a National Milk Board to help consolidate, grow and administer this important sector of the country's food industry.
A new study has revealed that organic milk has more health benefits than previously predicted. The findings show that organic milk has higher Omega fatty acid content than conventional milk. Organic farmers are calling for official recognition.
Tetra Pak has fought back at suggestions that it is involved with the financial troubles that have affected Italian food giant Parmalat.
Ice cream manufacturers are capitalising upon a growing consumer desire for high quality, indulgent foods, which has helped to fuel increasing sales. For details of how to order your copy of this Euromonitor report, click here.
A "fat-burning" whey drink is to be launched into the German functional foods market this spring. Nordmilch the company behind the product hopes that the drink will have a positive impact on the sector, which is one of the largest in Europe, writes Danny Vincent
Irish dairy firm Glanbia is to invest €15 million in a new innovation centre to develop functional foods and health ingredients, Ireland's Minister for Agriculture and Food Joe Walsh revealed yesterday.
One Shot, the UK ice cream dispensing company, has launched a new type of container for Solmia ice cream.
Babies aged from one to three months are less likely to suffer from Sudden Infant Death Syndrome (SID) if they are breast-fed. These are the findings of a new study published in the Archives of Diseases in Childhood.
Nestlé has completed the genome sequence of a second probiotic bacterium, Lactobacillus johnsonii, known as La1, it revealed today.
Two French and one UK Parmalat unit have been sold to competitors this week. After much speculation over the the stability of the company's units outside Italy it appears that if the company is to survive it will have to focus on its Italian operations.
Leading Russian dairy and juice processor Wimm-Bill-Dann has confirmed that Emerging Markets Growth Fund has raised its stake in the company to 5.6 per cent.
Another milk marketed to help consumers sleep better goes on sale in the UK this week, where a third of all adults are said to be affected by sleeping problems.
Ingredients giant Danisco leapfrogs into the second global position for cultures as the Danish firm acquires the food ingredients arm of ailing French chemical business Rhodia.
Bongrain, the French cheese maker best known for brands such as Coeur de Lion and Tartare, ended 2003 with a slight increase in sales compared to the previous year, but continued to suffer at the hands of negative exchange rates.
Rumours of a possible sale of the Danone's biscuit business surfaced again this week after the company unveiled full year figures pegged back by its weak performance. But the core dairy and beverage businesses continued to go from strength to strength.
Express Milk partnership may build a stake in its partner company Arla Foods. The group announced on Wednesday that a stake in the company could give the company an advantage in the market place.
The debate over UK milk pricing and supermarket market dominance, has long been an issue for farmers in the industry. Following the Environment, Food and Rural Affairs select committee meeting this month, dairy producers are now calling for independent arbitrators to ensure a fairer market place.
Parmalat representatives from across Europe will meet today to discuss the measures that the new management will take to help its distressed units. Trade union leaders in Hungary claim that the Eastern European country's unit may close putting 450 jobs at risk.
Hand held computer equipment is being used in dairy farms in Australia to make the collection of milk samples more efficient for farmers, the companies involved believe that the the technology will encourage the testing of milk and will lead to a higher quality product.
Croatian food company Agrokor has said that it is readying to invest €45 million into the production of ice cream at its Serbian subsidiary Frikom.
Health conscious consumers that wish to avoid additives in their diets are finding it difficult to recognise the ingredients and the health risks associated with them because of a confusing labelling system.
UK milk producer Southern Milk co-operative has announced that is to disband as a result of increasing competition pressure from the recently formed Arla Foods UK. The move could leave its 55 member's future in danger.
The financial troubles of Italian food group Parmalat stretch well beyond the home front. In both Romania and Hungary the company's divisions are facing acute problems that threaten its future in the region. But business will continue, Parmalat officials have insisted.
In recent years the Russian dairy sector has undergone tremendous upheaval, with the consolidation of old dairy plants changing the face of the industry. We spoke to the Russian National Dairy Institute to find out what impact these changes have had on on both production and the type of products that are now available.
The omega-3 content of milk can be increased by feeding cows with fish oil, say Australian researchers reporting the results of a new study.
Dairy innovator Valio has extended its lactose-free milk drink to Switzerland through its first licensing agreement for the technology with the Swiss firm Emmi.
UK ice cream manufacturer Richmond Foods has acquired ice cream company De Roma. The acquisition is in line with Richmond's efforts to gain a 20 per cent stake in the UK ice cream sector making the company market leaders.
In an attempt to focus on other aspects of the company's business, Northern Foods is considering selling its Eden Vale yogurt facility.
Probiotics, the bacteria thought to help gut health disorders, allergies and even some forms of cancer, contain immune system-stimulating DNA, which makes them just as effective when inactivated as when consumed as live microorganisms in dairy products, say US researchers.
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