Candyking buys Swedish cookies producer Lilla Fiket
Swedish confectionery supplier Candyking Holding has acquired local cookies and pastries producer Lilla Fiket for an undisclosed sum.
View ArticleUkraine egg group Avangardco books H1 loss
Avangardco, the Ukraine egg processor, has reported a loss for the first half of the year, as sales slumped thanks to a fall in egg prices and rising production costs.
View ArticleLithuanian dairy firm Vilkyskiu Pienine posts H1 loss
Vilkyskiu Pienine, the Lithuania-based dairy group, booked a net loss and falling sales for the first half of 2016, amid lower export prices.
View ArticleCandyking losses mount over end of Swedish contracts
Swedish confectioner Candyking has reported further losses for the first half of the year in the wake of falling sales following lost contracts in the group's domestic market.
View ArticleH2 Equity Partners to buy Dutch shrimp processor Klaas Puul
Investment firm H2 Equity Partners is to acquire a controlling stake in Dutch shrimp processor Klaas Puul and plans to invest in boosting the firm's international sales and product development.
View ArticleLithuania aiming for origin labels on dairy imports
Lithuania wants to introduce the mandatory labelling of the origin of imported dairy products.
View ArticleGhirardelli's Martin Hug named Lindt & Sprungli group CFO
Swiss chocolate maker Lindt & Sprungli has announced Martin Hug, the CFO of its US unit Ghirardelli, will become group chief financial officer from January.
View ArticlePaulig acquires Gold & Green Foods to market meat alternative product
Finland's Paulig Group said today (1 September) it had acquired a 51% controlling stake in Finnish food technology start-up Gold & Green Foods - with the aim of establishing the firm's "pulled...
View ArticleFrieslandCampina reports first-half profits fall
FrieslandCampina, the Dutch dairy giant, today (1 September) booked a fall in half-year profits as the co-operative felt the pressure on earnings from rising milk production.
View ArticleSnyder's-Lance buys full control of Metcalfe's Skinny
Snyder's-Lance, the US snack maker, today (1 September) it has acquired full ownership of privately-controlled UK popcorn firm Metcalfe's Skinny.
View ArticleFood market news of the week - Mondelez ends interest in Hershey, Lactalis'...
The biggest story of the week came at the start, with Mondelez International giving up on its interest in Hershey. Staying in the US, Campbell Soup Co. reported on another challenging quarter for the...
View ArticleFood market quotes of the week - Market chatter links Mondelez to Kraft...
Mondelez International kicked off the week by ending its interest in Hershey - and immediately some on Wall Street suggested the Cadbury maker could become a takeover target itself. Elsewhere, Campbell...
View ArticleTer Beke H1 profits buoyed by ready meals
Ter Beke, the Belgium-based food group, today (2 September) booked higher half-year profits, with improved earnings from its ready meals division offsetting a decline from processed meats.
View ArticleNoble Foods hires John Gildersleeve as chairman to oversee growth
Noble Foods, owner of the UK-based free-range egg supplier The Happy Egg Co. and pudding brand Gü, has appointed British businessman John Gildersleeve as chairman to oversee plans for "diversification...
View ArticleOrkla to acquire control of Dutch ingredients producer Broer
Norway-based Orkla has agreed a deal to buy a 70% stake in Broer Bakkerijgrondstoffen, a Dutch manufacturer of almond paste, bakery ingredients and ice cream powder.
View ArticleGreenyard Foods to sell stake in co-op Veiling Haspengouw
Greenyard Foods, the Belgium-based group, has struck a deal to sell its stake in Veiling Haspengouw back to the local fruit and veg co-operative.
View ArticleDanish Crown names Steve Francis CEO at embattled Tulip
Denmark-based meat cooperative Danish Crown has appointed "problem solver" Steve Francis as CEO of the group's troubled UK subsidiary Tulip with effect from 5 September.
View ArticleEmmi CEO Urs Riedener on 2017, M&A strategy and Brexit - the just-food...
The market reacted positively to Emmi's first-half results and the Swiss dairy group's ongoing efforts to improve its profitability but the business does face challenges, not least on its top line....
View ArticleWhy food manufacturers are failing to innovate - and how the bold can succeed
The rate at which food products are launched in the UK has been declining. Tim Eales, director of strategic insight at IRI, suggests why manufacturers may have held back from innovating but argues they...
View ArticleFyffes books H1 sales and profits boost
Fyffes, the Ireland-based fresh produce group, this morning (2 September) reported higher half-year sales and profits.
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