Arla expands in Finnish milk
Scandinavia's Arla Foods has bought nearly a third of Finnish dairy
company Ingman Foods, as consolidation continues to run apace in
the European dairy sector.
Dairy Crest seals St Hubert spreads deal
Dairy Crest, Britain's largest dairy group, is set to significantly
increase its collection of brands and capture leading market
positions abroad after signing a deal to buy French and Italian
spreads firm St Hubert.
Dairy Crest eyes Uniq opportunity
Britain's largest dairy firm, Dairy Crest, was this week close to
buying its way into the French spreads market, following talks with
the Uniq group, according to reports.
Unilever profits slump in tough third quarter
Food manufacturer Unilever has reported a 20 per cent decrease in
third quarter pre-tax profit of 1.12bn, despite bucking the trend
in the European market.
Branded yoghurts lift Bright Dairy's 3Q income
Shanghai-based dairy Bright Dairy has seen a further decline in net
profit for the third quarter but strong yoghurt sales during the
summer season helped it lift operating income by 7.2 per cent.
Wimm-Bill-Dann warms to Siberian dairy
Russian dairy producer Wimm-Bill-Dann is to continue expanding its
operations in its homeland as it looks to exploit growing markets
in Siberia and the wider Commonwealth of Independent States (CIS)
Rexam opens PET bottle sale
International packaging group Rexam will look to sell its PET
bottle facilities in Central and Eastern Europe as part of its
plans to focus on more globally recognised products like plastic
Arla sues Wiseman in UK price fixing dispute
Rows over dairy price fixing allegations in Scotland took another
twist this week, after Arla Foods UK revealed it would sue rival
Robert Wiseman to recoup lost revenue.
Arla Foods set to reel in UK subsidiary
Dairy firm Arla Foods Amba has entered into talks with its British
subsidiary to buy out the remaining 49 per cent of the company it
does not already own.
UK milk producers head for brighter 2007, report says
Pressure on UK milk producers may ease off next year, according to
a new supply chain report, which follows new moves to monitor and
improve earnings in the sector.
Nestlé enjoys strong organic growth
Nestlé today said sales are up 9.1 per cent to CHF72.2bn (€45.4bn)
in the first eight months of this year compared to the same period
F&N takes over Nestlé milk business in Asia
Fraser & Neave, the Malaysian beverage and glass group, has
signed a RM310 million (67.2m) deal with Nestlé to produce and sell
the Swiss group's liquid milk products in south-east Asia.
Stork shareholders bid to sell off food division
Stork's shareholders today consider a proposal to sell off parts of
the company, including itsfood processing division.
EC vows to recover misspent CAP millions
The EC's promise to recover €317.3 million in misspent CAP money
follows high-level discussions on how the CAP can be simplified and
Wiseman warning highlights dairy cost pressures
Soaring input costs threaten to drag down recovering profit margins
for UK dairy firm Robert Wiseman, highlighting ongoing pressure on