German enzyme company AB Enzymes, a subsidiary of ABITEC Group, the
food ingredient and specialty chemicals group, announced this week
that it has acquired Gamma Chemie, a German-based enzyme business.
Swiss food group Nestlé has reported solid organic growth for the
first quarter of 2003, stressing the importance of product
innovation during the period. But actual sales declined as a result
of the continued strength of the Swiss...
Fromageries Bel, the French cheese group, has reported a slight
decline in sales as a result of the depreciation of the dollar and
poor economic conditions in core markets such as Germany and the
Finnish dairy group Valio has reported a rise in sales, helped by
strong gains from cheese and ice cream. But profits were reduced as
a result of exceptional items related to the sale of a US unit and
the planned closure of a production...
French yoghurt manufacturer Danone has announced that it has raised
its stake in probiotics maker Yakult to 19 per cent, citing strong
performance of the Japanese company as the reason for its long-term
Scottish dairy producer McLelland is investing a total of £13
million to extend its cheese-making operations in Stranraer. The
plans include the building of a new 10,000 ton cold store and
general storage facilities.
Despite currency devaluations in both North and South America,
Italian dairy group Parmalat posted only a 2.7 per cent decline in
sales for 2002 as a programme of product roll-outs helped boost
organic volume growth.
Express Dairies, the UK's leading liquid milk supplier, and Arla
UK, the British arm of Europe's largest dairy co-op, are merging to
create a stronger position in both the liquid milk and dairy
Focusing on improving quality rather than lifting sales has paid
off for Dutch dairy group Campina, which has seen a solid
improvement in sales for its core brands despite volatile
international dairy markets.
A continued push into the Russian regions helped dairy product and
fruit juice producer Wimm-Bill-Dann to its fourth successive year
of growth in 2002. Further investment should help drive growth in