The cost of the rapid expansion at Russian dairy producer
Wimm-Bill-Dann was reflected by an 84 per cent rise in sales
expenses in the first nine months of the year, but the benefits
still outweigh the cost.
Russia's leading dairy group Wimm-Bill-Dann has acquired a majority
stake in the Ukrainian milk powder producer Burynsky in order to
ensure a steady supply of powder during seasonal declines in milk
Richmond Foods, the UK's leading producer of ice cream brands, has
reported excellent figures for 2002, boosted by the acquisition at
the start of the year of the Nestle business in the UK. Major
investments in production, and...
Robert Wiseman Dairies, the UK milk processor, is on track to
produce one billion litres of milk for the first time in its
history after a 15 per cent rise in first half volumes. And the
company remains confident that Express Dairies'...
A 10-year low in UK commodity cheese prices pushed down first half
profits at the country's largest dairy group, Dairy Crest, but the
firm's continued focus on added value brands - and an upturn in
commodity prices - means...
Arla sets out its stall as the leading speciality cheese producer
in the UK with the acquisition of HT Webb for an undisclosed sum.
The Scandinavian company said the deal reinforced its commitment to
the UK market where it has already...
A consortium of European experts, at the request of the European
Commission, has issued a report that analyses the impact of future
options for the milk quota system and the common market
organisation for milk and milk products.
British sugar and sweeteners group Tate & Lyle on Thursday
reported a jump in half-year profits with underlying pre-tax profit
for the six months to 30 September rising to £126 million (€195.5
million) from €99.9m million last...
A lengthy process of restructuring at Express Dairies has helped
the UK company to a slight improvement in underlying pre-tax
profits in the first half. But the situation remains challenging,
and it could be some time before the company...
Ingredients company RFI Ingredients, a supplier of natural
ingredients for the food and functional food industries, has signed
a merger agreement, effective from 1 November, with US nutritional
blends company Nat-Trop. The move looks...
British food ingredients and food group Associated British Foods,
the maker of Twinings tea and Ryvita crispbread, reported a nine
per cent rise in annual profits on Tuesday and group sales up three
After months of deliberation and cogitation, Orgny-Naples, a
consortium of beet growers' co-operatives, on Friday said it had
finally reached an agreement with Edison to acquire the Italian
energy company's 53.8 per cent...
Spain's Ebro Puleva group has posted a 2.5 per cent rise in net
profits for the first nine months of the year, but has warned that
the impact of its Chilean unit will push down both sales and
profits for the full year.
French cheesemaker Bongrain sees sales drop 4.4 per cent in the
nine months to the end of September, but stresses that cheese sales
began to recover in the third quarter, auguring well for the rest
of the year.