A spokeswoman for Russian dairy and fruit juice group
Wimm-Bill-Dann reports that France's Danone recently increased its
stake in the company. An indication that WBD's policy of rapid
expansion is the right way to go?
A return to stability in Argentina and new acquisitions in Poland,
combined with a general upturn in international markets, should
help French cheese group Bongrain return to growth in the second
Britain's biggest dairy products firm Dairy Crest group is poised
to buy St Ivel spreads from Uniq for £50-60 million pounds (€79-95
million), to rival UK market leader Unilever, industry sources said
Expanding away from its traditional Moscow heartland has helped
increase sales and volumes at dairy product and fruit juice maker
Wimm-Bill-Dann - but the cost of this programme took its toll on
first half profits.
Exposure to volatile international dairy markets impacted the dairy
ingredients business at Ireland's Glanbia in the first half, but
improved performances from consumer food products helped redress
Danish oils and fats company Aarhus Oliefabrik on Thursday reported
a drop in operating income to DKK93m (€12.5m) for the first six
months of 2002, down from DKK 125m (€16.8m) for the same period
last year, but despite this the company...
As part of its strategy for regional expansion in Russia,
Wimm-Bill-Dann Foods has purchased Roska St. Petersburg Dairy
Company for about €12 million. The company plans to increase output
and modernise existing facilities.
Dairy Foods, a New Zealand consumer dairy products company, said it
will merge its food and beverages divisions as part of a major
restructuring of the company. Some of the company's 900 staff will
be made redundant but the extent...
Danish enzyme company Novozymes claimed this week that research
into local crops in Brazil as a source of inexpensive and
nutritious food is part of a cooperation agreement between
Novozymes Latin America and Tecpar, the institute...
Danish enzyme group Novozymes this week reported continued business
growth for the first half of 2002 with an increase in the net
turnover of 8 per cent to DKK 2,715 million (€29.2m) compared to
DKK 2,508 million for the sameperiod...