The European Commission on Monday cleared the GeneralMills Inc.'s
proposed purchase of packaged foods maker Pillsbury from Diageo
PLC, a British-based...
Unilever, the Anglo-Dutch consumer products company, announced
yesterday that it intends to divest Bestfoods Baking Company in the
U.S.A. The business...
Lion Nathan, Australian brewing group and daughter of Japanese
parent Kirin, is in talks with an international brewer on the
future of its Chinese beer...
Swiss flavour and perfumery firm Firmenich reported this week
record sales of nearly 1.7 billion Swiss francs, an increase of 22
percent for the 12-month...
US cereal maker General Mills Inc. has entered talks with Swiss
food giant Nestle SA on the future of Haagen-Dazs ice cream, a
joint venture between Pillsbury...
A taste for flavourful foods from an increasingly diverse
population is igniting growth in the US food additive and
preservative industry. According to...
Ajinomoto Co. announced last week that it has won damages in a
long-running lawsuit against the U.S. agribusiness giant Archer
Daniels Midland Co. for...
London-based Cadbury Schweppes plc recently announced strong growth
results for Dr Pepper, from its Texas-based division 'Dr Pepper /
Seven Up Inc.'....
Consumer goods group Unilever PLC has almost completed its $21.3
billion buyout of U.S. food company Bestfoods. Shareholders in both
companies voted Monday...
Swiss food giant Nestle has announced it will join forces with the
beleaguered Japanese food processor, Snow Brand Milk Products.
Earlier this year the...
This week's deadline for indicative bids for the drinks business of
Canada's Seagram is a complex event, the Financial Times reported
yesterday. Major...
Eridana Beghin-Say, the French ingredients group, announced last
week the completion of a major expansion project of its research
and development facilities...
US food gum maker CP Kelco is to give the European high yield
market a new issue. Investors and analysts reacted positively to
the news that CP Kelco...
Unilever, the Anglo-Dutch consumer products group, could be forced
to sell the famous Oxo brand as the price to pay for EU approval of
its $20 billion...
China's food industry has fixed its development targets for the
next five years, according to Asia Pulse. The sugar-refining
industry will make efforts...
General Mills, the US maker of cereals and cake mixes, reported net
earnings in its fiscal first quarter were flat because of higher
interest expenses,...
In a bid to prevent US domination in the consumer goods internet
marketplace four of Europe's largest companies are raising a E70m
($60m), the Financial...
Diageo Plc, the UK food and beverage group, reported a 2.7 per cent
rise in annual profits yesterday. The combined beer and spirits
business was the fastest...
Shares in Heinz, the U.S food company, fell more than 5 per cent to
$35.19 on Wednesday after news that its first-quarter sales
dropped, the Financial...
French farm minister Jean Glavany wants tougher international rules
to protect the diversity, quality and safety of European food such
as Parma ham or...
EU vets are preparing to discuss the outbreak of classical swine
fever in Britain as the disease has been confirmed on another farm.
Around 1,000 pigs...
Glaxo Wellcome and SmithKline Beecham face the possibility of a second delay to their proposed merger if they do not receive final clearance from the...
In a recent announcement, Heinz, the US food products company,
stated that it will launch organic versions of its most famous
brands. Heinz Organic Tomato...
Penford Corp., a producer of speciality starches in NorthAmerica,
is to purchase Starch Australasia Limited for US$58 million in
cash. Starch Australasia,...
