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...