Germany's two largest dairies have terminated an agreement to
merge. Nordmilch, Germany's leading dairy co-operative, and Humana
Milchunion were set to merge in January 2005, but since have cited
"timing" and "restructuring...
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.
The boards of Germany's two largest dairy companies, Bremer
Nordmilch and Humana Milchunione, have announced plans they are to
merge. The proposal is due to come into effect as of January 2005
and will allow them to overtake...
French dairy giant Lactalis has grabbed immediate supremacy in two
former Soviet countries and paved the way for an expansion of its
own brand products after signing a deal to take over dairy company
Lactalis, the French dairy group, has been given the green light to
acquire two Spanish producers, Grupo Prado Cervera and Central
Lechera Vallisoletana, by the European Commission's competition
Ambitious Israeli flavours firm Frutarom has bought the European
natural fruit preparations business from the world's number two
flavours player just months after completing on the Swiss botanical
extracts firm Emil Flachsmann.
Family-owned US firm JM Huber has become the number one pectin,
xanthan gum and CMC supplier after yesterday agreeing to buy
leading hydrocolloid firm CP Kelco from merchant bank Lehman
Brothers, reports Lindsey Partos.
The acquisition of Rhodia Food Ingredients by Danisco has finally
been completed today, bringing the Danish ingredients group one
step closer towards its goal of becoming a leading supplier of
ingredients to the food industry. The...
Acquisitive ingredients firm Kerry will spend €170 million on four
bolt-on flavour acquisitions announced yesterday as the €3.7
billion Irish company continues to consolidate its position in the
highly competitive flavours market....
Despite recently announcing end-of-year results which were impacted
by last year's heavy investment programme, Wimm-Bill-Dann is
continuing its aggressive expansion policy with a major investment
in an Uzbekistan dairy facility.
UK milk producer Southern Milk co-operative has announced that is
to disband as a result of increasing competition pressure from the
recently formed Arla Foods UK. The move could leave its 55 member's
future in danger.
Nestlé continues to pursue its strategy of getting a foothold in
just about every food market in the world. The recent purchase of
Ukrainian food processor Volyn Holding is the latest in a list of
acquisitions designed to cement the...
Ending months of speculation Dutch life science products company
DSM announced today that is to pay CHF 3.5 billion (€2.4 billion)
for Roche's vitamins and fine chemicals division.
When Roche launched the sale of the division...
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.
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...
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...
An attempt by a food ingredients billionaire to take over New
Zealand's second biggest dairy company could head into difficulties
if a farmers' collective wins the day, reports local New Zealand
paper The Evening Post.