Revenue

Fonterra's Te Rapa site is one of those to have benefitted from an expansion.

Foodservice grows to NZ$2bn business for Fonterra

By Jim Cornall

Fonterra’s Foodservice business, Anchor Food Professionals, has become New Zealand’s sixth biggest export business, having generated more than NZ$2bn (US$1.4bn) in annual revenue over the past year.

© iStock / Saklakova

Kerry Group selects new CEO

By Emma Jane Cash

The board of the Irish food and ingredient manufacturer has chosen Edmond Scanlon, the current chief executive of the group’s Asia-Pacific operations, to become the new CEO.

© iStock

Domty gets the cream as profits surge 355%

By Shane STARLING

Egyptian dairy producer Domty is celebrating a 355% year-on-year rise in annual profits, netting US$14.5m, just days after its highly-oversubscribed launch on the Egyptian stock market.

KraussMaffei Group to expand in China

KraussMaffei Group to expand in China

By Jenny Eagle

ChemChina, one of China’s largest chemicals group, is set to acquire KraussMaffei Group and its brands KraussMaffei, KraussMaffei Berstorff and Netstal, for €925m.

Glanbia acquired Isopure for £94.1M

Glanbia clinches Isopure deal

By Rod Addy

Glanbia has completed its acquisition of US sports nutrition firm The Isopure Company on schedule.

Parmalat eyeing double digit growth for 2012

Parmalat eyeing double digit growth for 2012

By Mark Astley

Parmalat has reported double-digit revenue and profit growth for the first nine months of 2012, driven by strong performances by its US, Canadian, Australian and Russian segments.

Kerry results boosted by recent acquisitions

Kerry results boosted by recent acquisitions

By Nathan Gray

Kerry Group’s 2011 acquisitions have performed well for the ingredients and flavours giant, boosting its Q1 results despite challenges in trading conditions.

Amcor profits rise on steady demand and cost cuts

Amcor profits rise on steady demand and cost cuts

By Rory Harrington

Amcor said strong performance across the board in its flexible and rigid packaging divisions fuelled a 14% profit increase in the first half of the year as recent acquisitions of Ball and Alcan continued to reap rewards.

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