Puleva Biotech, the functional foods subsidiary of Spanish food
group Ebro Puleva, recorded a 3 per cent increase in net profit in
the first nine months of the year on the back of a 50 per cent rise
in turnover to €5.34 million.
The European Commission has proposed forcing companies to disclose
all financing done off the books as part of a four-point initiative
to prevent accounting scandals such as the recent bankruptcy of
In yet another twist arising from one of the largest scandals in
Italian corporate history, Parmalat, the bankrupt Italian dairy
company, has agreed to pay former creditor Deutsche Bank an
additional €26 million, a gesture which could...
Bolt-on acquisitions move ambitious Israeli flavours firm Frutarom
a step closer to its ambitions to reach the top ten flavour club
with the firm closing down on the purchase of IFF's fruit
preparations business in Europe.
Chilled dairy products will remain one of the most important
product segments for the world's biggest food company Nestlé as it
tries to strengthen its position in the market for healthy and
nutritional foods, and move away from...