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Dutch food group
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Wessanen Widens Its Net Loss in Fiscal 2012 Due to Impairments and Restructuring Charges
Feb 25, 2013Dutch organic food group Wessanen has widened its net loss in fiscal 2012 due to impairments and restructuring charges. In the 12 month period, net losses widened to EUR53.2m (US$70.1m) from EUR17.1m a year earlier, it said today (22 ...
Tags: Dutch food group, food groupfood
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Vion Has Entered Into a Deal to Sell Its Frozen Vegetables
Jan 15, 2013Dutch food group Vion has entered into a deal to sell its frozen vegetables, fruit and potato products firm Oerlemans Foods to fresh vegetables producer Baltussen Holding. The struggling meat processor, which this month finalised a deal ...
Tags: Vion, Oerlemans Foods, food group
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Vion Has Finalised a Deal for an Mbo of Its UK Pork Arm
Dec 14, 2012Vion has finalised a deal for an MBO of its UK pork arm, which is among a series of assets in the country the Dutch food group is looking to sell. The company today (13 December) confirmed UK private-equity firm Endless would back a ...
Tags: Vion, deal, MBO, UK pork arm
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Dutch Food Group Vion Has Set out Plans to Cut Jobs From Its Domestic Business
Dec 13, 2012Dutch food group Vion, which last week announced it wants to quit the UK, has set out plans to cut jobs from its domestic business. More than 100 staff within Vion's operations in the Netherlands could be affected from a move to improve ...
Tags: Vion, cut jobs, domestic business, food group
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Tesco Has Signalled It Is Likely to Quit The Market
Dec 11, 2012The 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
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CSM Closed up Today After The Company Reported Half-Year Profits
Dec 10, 2012Shares in Dutch food group CSM closed up today (8 August) after the company reported half-year profits that beat analyst forecasts and it provided an update on the planned sale of its bakery business. CSM shares finished 3.05% higher on ...
Tags: Dutch food, bakery businesses, net sales
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CSM Reported a Decline in Third-Quarter Profits as One-off Costs Hit Earnings
Dec 10, 2012Dutch food group CSM reported a decline in third-quarter profits today (25 October) as one-off costs hit earnings. In the three months to the end of September, EBITA fell to EUR20.9m (US$27.1m) from EUR28.3m a year earlier. One-off ...
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Dutch Food Group Wessanen Taken Full Control of Frozen Food Maker Favory Convenience Food
Dec 10, 2012Dutch food group Wessanen has taken full control of frozen food maker Favory Convenience Food. It has bought the 35.9% stake it did not already hold from Rabo Capital for EUR5m (US$6m). Wessanen is looking to maximise the value of its ...
Tags: Wessanen, frozen food, Favory Convenience Food, takeover
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Around 300 Jobs Within Wessanen's European Operations Are Set to Go
Dec 10, 2012Around 300 jobs within Wessanen's European operations are set to go after the Dutch food group set out plans to lower costs and improve profits. The company will close a frozen snacks plant in France as part of the plans, which are ...
Tags: Dutch food, profit, food industry, frozen snack