Ending months of speculation, the flavours and texturants units at
Degussa, Germany's third largest chemicals group, are up for sale
as the firm looks at selling the food ingredients arm or finding a
partner for its business.
Number one flavour group Givaudan sees beverage and dairy sales
pulled down in Europe but despite slow-down in flavour operations
sales for the division offset a dip in fragrance for nine months to
French dairy giant Lactalis has grabbed immediate supremacy in two
former Soviet countries and paved the way for an expansion of its
own brand products after signing a deal to take over dairy company
Delayed product launches will see losses at Swedish probiotics
company BioGaia continue into next year, warned the firm yesterday.
It had been counting on two major contracts to help it back into
the black by the end of the year.
A pre-trial hearing has opened this week in Milan to determine if
and how the founder of Italian dairy giant Parmalat, Calisto Tanzi,
should be brought to trial along with over 24 former company
officers, consultants, and ex-auditors,...
Robert Wiseman Dairies, the Scottish milk processor, is considering
selling 15 per cent of its shares to First Milk, the giant producer
co-operative which supplies it with most of its milk, a move which
could ease the often strained...
Arla Foods UK, the milk processor and dairy product manufacturer,
has announced plans to close two production facilities as it
continues to integrate its business following last year's merger
with Express Dairies, reports Chris...
Robert Wiseman, the Scottish milk processor, is confident of
reaching its growth targets in the first half of 2004, despite
rising costs for fuel, energy and plastics. But while the recent
increase in volumes following new contracts...
Kraft Foods announced today that in the next few days a number of
its products will be branded as "South Beach diet recommended", as
it attempts to cash in on North America's continuing interest in
Dairy Crest, the UK's biggest dairy company, reported a solid first
half trading performance this week, but conceded that its second
half results could be adversely affected following the loss of a
fresh milk supply contract...
The increasing popularity of premium, indulgent or healthy ice
cream products - particularly in the winter months - boosted sales
and profits at the UK's Richmond Foods in 2004, helping the group
match last year's heatwave-assisted...
Sparking growth in the emerging South American food market, Danish
ingredients giant Chr Hansen has opened new facilities in Argentina
designed to serve expanding activities from international
customers, reports Lindsey Partos.