Switzerland-based food giant Nestlé has opened new laboratories at the Nestlé Research Center in Switzerland in order to study food-borne pathogens. The new facilities feature a high level of 'bio-containment', which means ...
Nestlé India, a subsidiary of Swiss food giant Nestlé, is set to invest INR2.5bn ($45.4m) to upgrade its existing milk processing facility at Moga, Punjab over the next two years. As part of the project, the company will ...
Tags: Nestle, Milk Processing Facility
Switzerland-based food giant Nestlé is investing more than CHF29m ($30m) in new distribution facilities in Russia in order to strengthen its supply chain, a move which is expected to create about 100 new jobs. The investment is a ...
Infor, a provider of business application software, has announced a deal with Australian firm Peters Ice Cream, to implement a complete ERP system within seven and a half months. Peters, which offers ice creams under brand names such as ...
Tags: Peters Ice Cream, Infor
It is within IT's power to ensure horse meat can never again contaminate products marketed as "beef". This is the view of Sarah Leslie, CIO of Iglo Foods Group, which operates the Birds Eye brand in the UK. "With all manufacturing, IT is ...
Tags: horse meat, Birds Eye, food safety
Food giant Heinz has launched a range of gluten-free pasta and sauces in the UK as the company looks to tap into the growing category. Available from mid-March, the Deliciously Gluten Free range comprises three pasta varieties: Penne, ...
Heinz has reported underlying third-quarter earnings that beat Wall Street forecasts, although its sales came in under analyst estimates. The US food giant yesterday (21 February) booked earnings per share for continuing operations and ...
Tags: Heinz, food giant, food
Birds Eye has pulled three beef ready meals from supermarkets in the UK and Ireland as a precaution after a product it sells in Belgium tested positive for horse DNA. The company said today (22 February) its 340g Traditional Spaghetti ...
Tags: Horsemeat, beef, Beef Lasagne
The US Securities and Exchange Commission has launched legal action against unknown traders over claims they broke rules when trading in Heinz options before the US$28bn deal to buy the food giant was announced. The SEC claims traders had ...
Tags: SEC, legal action, Heinz Options
Three men have been arrested in the UK on suspicion of offences under the Fraud Act by police investigating allegations horsemeat was mislabelled as beef. Dyfed-Powys Police in Wales yesterday (14 February) made arrests at two plants that ...
The European Commission has called on the EU's 27 members states to test for horse DNA in beef products. Tonio Borg, Commissioner for Health and Consumer Policy, has set out plans for tests to be carried out to see if food containing beef ...
Tags: EU, Horse DNA Tests, Beef Products
Heinz has agreed to be bought by Warren Buffett's Berkshire Hathaway fund and private-equity firm 3G Capital for US$28bn - the largest-ever takeover in the food sector. In a shock announcement today (14 February), the US food giant said ...
Tags: Heinz, Warren Buffett, 3G Capital
The UK Food Standards Agency (FSA) has found traces of potentially harmful horse drug phenylbutazone in eight horses slaughtered in the UK - and warned six may have entered the French food chain. The announcement, issued this morning (14 ...
Tags: FSA, horse drug phenylbutazone, horses
Global food group Nestle said 2013 looks every bit as "challenging" as 2012, a year when profits increased but underlying sales growth slowed. The Swiss food giant reported a 11.8% increase in earnings of CHF10.61bn (US$12.02bn) in 2012. ...
Nestle has dismissed suggestions its days of "easy gains" in emerging markets are over as the group recorded what one analyst described as "sustained weakness" in Asia, Oceania and Africa. The Swiss food giant this morning (14 February) ...
Tags: Nestle, emerging markets, food giant