Dutch organic food specialist Wessanen has seen its second-quarter profits slide as a result of lower sales volumes and higher marketing spend. The company today (25 July) booked net profits of EUR3.1m (US$3.8m) in the quarter, down from ...
Tags: Wessanen, second quarter profit, marketing spend, sales volume
UK-based food packaging solutions firm Nicholl Food Packaging has revamped its range of aluminum foil trays for the fresh and convenience food sector with five new smoothwall variants. Smoothwall trays feature a smooth rim, so that trays ...
Tags: Trays, Smoothwall Line of Trays, food packaging solutions
UK-based convenience food company Symington's has acquired family-owned baking business Victoria Foods for an undisclosed amount. This acquisition will strengthen Symington's position in the home baking category and also complement its ...
Tags: family-owned baking business, home baking category, home baking market
Dutch food firm Wessanen has taken full ownership of Favory Convenience Food by purchasing an additional 35.9%stake from Rabo Capital for EUR5m($6m). Wessanen noted that this purchase follows strategic review of its frozen foods ...
Tags: stake, frozen foods, frozen snack
UK-based Mettler Toledo has introduced InspireX R40LF-800, a high-speed X-ray system which identifies foreign objects and detects shape defects in processed formed foods. According to the company, the new system has been developed to ...
Tags: InspireX R40LF-800, high-speed X-ray system, processed formed foods
More than 400 workers at chilled convenience food manufacturer Greencore's Hull factory will receive up to£1.2M after winning an employment tribunal dealing with cuts in their pay. Unite the union said in 2010 its workers agreed to ...
Tags: Pay dispute, Greencore, Unite the union
Irish food company Greencore has acquired International Cuisine (ICL), a private label chilled ready meal business, from Hain Daniels for an undisclosed amount. This acquisition is a part of the company's strategy to strengthen its ready ...
Tags: ICL, acquisition, debt facilities
Symington's has acquired fellow UK baking business Victoria Foods, a company that supplies products under licence for Nestle and Weight Watchers. The deal, for an undisclosed sum, was announced yesterday (20 June) and comes weeks after a ...
Tags: Symington's, requiered, food, home baking, confectionery
A raft of first-quarter results stories this week from the likes of Danone and Nestle, and full-year results from Tesco have kept analysts busy. In addition to Tesco's sales figures, the group's CEO Philip Clarke revealed further details of ...
Tags: Danone, Nestle, nutrition business, food, salmonella