Business leaders have issued an urgent call for a new ‘Entrepreneurs’ Fund’ to be set up to help new food and drink manufacturers make the next step in their growth. Paul Wilkinson: DEFRA should launch an ...
Tags: Food Manufacturers, Entrepreneurs'Fund, food and drink manufacturers
London-listed Ukrainian dairy firm Ukrproduct said it is expecting an "encouraging" improvement in performance year-on-year when it releases its full-year earnings figures in April. The company said today (31 January) it expects sales and ...
Tags: dairy firm, dairy sector, cheese exports
Networking hardware giant Cisco is to acquire privately held network software provider Intucell for about $475m (£300m). Intucell, headquartered in Ra'anana, Israel, was founded in 2008 and provides self-optimising network (SON) ...
Tags: Cisco, networking hardware, network software
Müller Wiseman is building a new butter plant in Shropshire that will create 100 jobs by the end of 2013. Müller Wiseman's new butter plant in Shropshire will create 100 jobs by the end of the year The dairy firm is ...
Tags: Müller Wiseman, butter plant, jobs
Costa Rica dairy firm Dos Pinos has acquired the milk and juice business of SABMiller's Panama subsidiary. SABMiller announced the sale of the business by Cervecería Nacional to La Cooperativa de Productores de Leche Dos Pinos for ...
Tags: Milk Business, SABMiller, milk, juice business
Switzerland-based dairy processor Emmi has acquired a 70% stake in the AVH Dairy Trade, a Netherlands-based goat and sheep milk products manufacturer, for an undisclosed amount. The move is a part of Emmi's efforts to reinforce its ...
Tags: Switzerland, dairy processor, Emmi, stake, AVH Dairy Trade
US milk processor Golden Guernsey, once owned by Dean Foods, has gone into administration. Owner OpenGate Capital yesterday (8 January) announced the Wisconsin-based firm had filed for Chapter 7 bankruptcy in Delaware bankruptcy court. ...
Tags: Dairy firm, Dairy, milk processor, Foods
Emmi is not currently planning to take full ownership of AVH Dairy Trade, following news that it has acquired a 70% stake in the Netherlands-based dairy firm. Emmi announced yesterday (7 January) that it has acquired the stake for an ...
Tags: Emmi, full ownership, AVH Dairy Trade, dairy firm
French dairy firm Danone has unveiled a cost reduction and adaptation plan to generate EUR200m savings in Europe in the next two years. With this move, the company is seeking to address the significant decline in sales in the region and ...
Tags: dairy firm Danone, cost reduction, adaptation plan, EUR200m savings
Canadian dairy firm Saputo has recorded a drop in first-half profits, hurt by "unfavourable" market conditions in the US and an increase in the cost of milk in California. Earnings amounted to C$251.5m (US$251.8m) in the six ...
Tags: Saputo, milk price hike, dairy firm
The week's two major stories broke within hours of each other on Wednesday - Tesco admitted it was "likely" to leave the US and Germany's Intersnack snapped up United Biscuits' salty snacks business. Elsewhere, ex-Tesco CEO Terry Leahy led ...
Tags: salty snacks, Intersnack, Hula Hoops, McCoy's, Skips, dairy, pork sector
Danone and Fonterra are planning to acquire a controlling stake in India-based Tirumala Milk Products, a leading supplier of liquid milk in the country. The company's private equity investor Carlyle Group, and the promoters have started a ...
Tags: Danone, Fonterra, Tirumala Milk Products, liquid milk
London-listed Ukrainian dairy firm Ukrproduct has forecast "improved" half-year profits. Ukrproduct said lower prices for raw milk, higher sales of cheese and the decision to start selling traditional fermented beverage kvass helped the ...
Tags: Profit Improvement, raw milk, cheese revenues, margin outlook
Greece-based dairy group Vivartia will expand its presence in the Middle East and North Africa via a joint venture with Exeed Industries. Vivartia's parent group, Marfin Investment Group, said today (28 September) the deal covers all of ...
Tags: joint venture, Exeed Industries, sales of dairy and beverages
Fonterra, a New Zealand multinational dairy firm, is upgrading its facility in Spreyton and Wynyard in Tasmania, Australia, with an investment of $6m, as part of its strategy to woo dairy farmers to supply milk to the company. According ...