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Wimm-Bill-Dann profits despite dairy cost crunch

EBRD plans Ukrainian dairy investment

Irish government backs Glanbia's innovation aims

Chr Hansen strengthens probiotics with Medipharm buy

Cloned food postponed

 
   
Related Industry News
 
Pernod shortlists Absolut or Stolichnaya for acquisition

Palm oil price fears rise with flood waters

Ingredients M&A round-up: 2007

Kosher tops list of 2007 product launches, Mintel

 
 

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Wimm-Bill-Dann profits despite dairy cost crunch
Russian group Wimm-Bill-Dann posted a 40.4 per cent increase in sales to $1.75bn (€1.2bn) during the nine months of its current financial year, on the back of a strong performance from both its dairy and... Read


EBRD plans Ukrainian dairy investment
The European Bank for Reconstruction and Development (EBRD) is looking to tap growing potential in the Ukrainian dairy sector with a planned acquisition of a 17.5 per cent stake in one of the country's largest... Read


Irish government backs Glanbia's innovation aims
Glanbia has received government support to expand its R&D capabilities in Ireland, as the company moves to step up its focus on innovation within dairy processing... Read


Chr Hansen strengthens probiotics with Medipharm buy
Chr Hansen has signed a conditional agreement to buy Swedish Arla Foods' subsidiary Medipharm, a deal which will strengthen the Danish firm's probiotic activities... Read


Cloned food postponed
Food from cloned animals looks likely to take longer than expected to enter the American food supply, following the passage of a provision in the Senate's Farm Bill that requires more testing... Read


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Pernod shortlists Absolut or Stolichnaya for acquisition
Pernod Ricard has says it will purchase either Absolut or Stolichnaya in its attempts to add an premium vodka label to its portfolio, though it has not yet finalised any acquisition plan... Read


Palm oil price fears rise with flood waters
Severe flooding in Malaysia looks likely to affect palm oil supplies for November and December, sparking a shortage that would drive up prices... Read


Ingredients M&A round-up: 2007
2007 has seen a slate of mergers and acquisitions across the food ingredients sector. FoodNavigator.com presents a round-up of who now owns what... Read


Kosher tops list of 2007 product launches, Mintel
'Kosher' was the most frequently used claim on new products launched in the US during 2007, while 'All Natural' and 'No Additives/Preservatives' were amongst the other most popular claims used on new products,... Read

Weekly comment

Time for antioxidants v2.0

'Antioxidants' crop up every where, from beverage cans to cereal packets. But industry must wake up to over use of the antioxidant tag before the term loses meaning for consumers. Read



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Time for antioxidants v2.0
'Antioxidants' crop up every where, from beverage cans to cereal packets. But industry must wake up to over use of the antioxidant tag before the term loses meaning for consumers... Read


Briefs: Arla Foods, Fonterra and Parmalat
This week, Arla Foods re-brands its cheeses in a profitability drive, Fonterra begins to experience the benefits of higher milk costs and Parmalat responds to an ongoing Italian antitrust enquiry... Read


EU mulls milk quota hike to please cheese needs
The European Commission has proposed a two per cent rise in milk quotas from April next year in a bid to drive down the price of the commodity... Read


Naturis seeks phytosterol permission for dairy
Naturis has asked the Food Standards Agency to approve the use of phytosterols - which have been linked to having a positive effect on lowering cholesterol -  from soya bean seeds... Read


Kerry ingredient tackles ice-cream cost, output issues
Kerry Bio-Science is launching a new functional system called Sherex Enlite to improve creaminess, stability and shelf life of ice-cream - and which has proved particularly effective in low-fat ice creams... Read

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