Food market quotes of the week - Aryzta, Unilever, Glanbia
The profit warning from Aryzta prompted speculation in the investment community the bakery giant could decide to shake-up its senior management. Elsewhere, Unilever's Paul Polman argued the FMCG...
View ArticleDairy group Ukrproduct expects FY losses to narrow
Ukrainian dairy group Ukrproduct expects to report a loss for 2016 "sizeably lower" than that generated in 2015.
View ArticleBon Bon Buddies develops "healthier" Disney confectionery line
Bon Bon Buddies is launching Fruitickles, its latest product developed under its tie-up with Disney and one which the UK-based confectioner believes will set the entertainment giant apart from rivals...
View ArticleFrance's Tipiak FY sales boosted by brands
Tipiak, the French food group, saw its sales rise in 2016, helped by the "very strong" growth of products sold under its namesake brand in the country's supermarket channel.
View ArticleFrench performance weighs on Fleury Michon
French group Fleury Michon said its sales performance in the country's supermarket channel weighed on its top line in 2016, offsetting growth from its international and foodservice arms.
View ArticleSpanish warning on Europe's fresh produce shortage
Shortages of vegetable supplies across Europe could continue until at least April as unusually bad weather has cut harvests of fresh produce by up to 60% compared to normal levels, according to the...
View ArticleFerrero invests in French production
Ferrero has unveiled plans to extend and modernise a Nutella production plant in France.
View ArticleFinanciere Turenne Lafayette receives "several expressions of interest"
French food industry holdings group Financière Turenne Lafayette said it has received "several expressions of interest from important players in the agrifood sector", after a pool of banks led by...
View ArticleDeoleo confirms plans to cut jobs in Spain
Spain-based olive oil supplier Deoleo has confirmed plans to cut around 95 jobs in the country as part of a "rationalisation" of its business.
View ArticleWeetabix plans GBP30m investment as bidders line up
Weetabix has confirmed that it will push ahead with a GBP30m (US$37.6m) investment to increase production as Nestle, General Mills, Post Holdings, Associated British Foods and Barilla reportedly line...
View ArticleWho will have their Weetabix? - analysis
Almost five years after Bright Food snapped up a majority stake in Weetabix, the state-backed Chinese group is said to be looking to offload its shares in the UK-based breakfast cereal business....
View ArticleHuegli revamp aims to rejuvenate profits
Hügli Holding, the Switzerland-based food group, is embarking on changes to its business structure in a bid to boost its profitability after a year in which margins declined.
View ArticleEU lifts ban on Ukrainian poultry over avian flu
The European Union has lifted a temporary ban on poultry exports to the bloc from Ukraine after the two sides agreed on "regionalisation arrangements" for tackling avian flu, Kiev has announced.
View ArticleFrench trade body urges more organic pork production to boost sales
Meat producers in France have been urged to step up the promotion and development of domestic "quality products and brands" and tap into the popularity of organic food, in a bid to reverse declining...
View ArticleLactalis gets clearance for Parmalat takeover offer
French dairy giant Lactalis has been given the green light to launch a takeover offer to secure full control of Italian group Parmalat.
View ArticleTesco moves for Booker, Carrefour CEO speculation, Wal-Mart & Amazon US job...
January saw the shock announcement UK retailer Tesco wants to acquire the country's largest wholesaler, Booker, in a deal that looks set to ruffle feathers in the sector. Carrefour investors speculated...
View ArticleFrance's Loc Maria Biscuits buys chocolate maker Mademoiselle de Margaux
France's Loc Maria Biscuits has snapped up Bordeaux chocolate maker Mademoiselle de Margaux from owner Savencia Gourmet for an undisclosed sum.
View ArticleAgency urges French to cut meat intake in revised guidelines
The French food safety agency, ANSES, has issued national updated dietary guidelines urging consumers to "considerably reduce" their consumption of meat and delicatessen products and boost intakes of...
View ArticleArla unveils global production investment plan
European dairy cooperative Arla Foods has announced moves to invest up to EUR335m (US$359m) in its production sites around the world this year to support its plans to "move more milk from bulk into...
View ArticleGreencore continues to ride growth in UK food-to-go
Greencore, the Ireland-based private-label supplier and co-manufacturer, today (31 January) reported a 9% rise in first-quarter like-for-like sales amid "strong growth" from its UK food-to-go business...
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