Manufacturers

Parmalat dispels assets

Parmalat dispels assets

Almost half of Parmalat's assets across the globe will be slashed
in an effort to swap debt for equity. The company which is one of
Italy's most global companies announced on Friday its restructuring
plan designed to keep...

Friesland feels cheese glut

Friesland feels cheese glut

Friesland Coberco, the multinational dairy group, saw profits and
sales depressed last year by sliding European cheese prices
exacerbated by the current review of EU subsidies to the
agricultural sector, writes Danny Vincent.

Milk Link acquisition

Milk Link acquisition

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.

Added value pays off for Kerry

Added value pays off for Kerry

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...