First Page Food Spotting Brand News Newswire Search

November 2009 Entries

First Page: Co-op launches counterattack in Christmas price war (UK)

November 30 2009 - The Co-operative and Somerfield have joined the supermarket Christmas price war with the launch of price cuts and a promotional package said to be worth more than £200m in savings to their customers. Read more [FoodBizDaily]

First Page: Unite steps up pressure for Cadbury job guarantees from Kraft (UK)

November 30 2009 - Britain’s biggest union, Unite, says it is growing increasingly concerned that Kraft will pay for its bid for Cadbury with massive job losses in the UK and Ireland. Read more [FoodBizDaily]

First Page: Private labels losing steam in Russia

November 30 2009 - The demand for private label products produced by leading Russian retail chains is steadily decreasing, suggests a new market study. Read more [FoodBizDaily]

First Page: Scandic Food plans to expand distribution network by 2010 (India)

November 30, 2009 – Scandic Food India, a leading food company in the country, has decided to expand its distribution network to 100 cities in the country by March 2010. Read more [FoodBizDaily]

First Page: Hilton Food Group signs supply deal with Danish retailer

November 27 2009 - The Hilton Food Group said it has singed a new deal with the retailer Coop Danmark to supply retail packaged fresh meat into all their stores across Denmark from 2011. Read more [FoodBizDaily]

First Page: X5 Retail Group CEO Lev Khasis to stay at company until 2014 (Russia)

November 27 2009 - Lev Khasis, CEO of Russia’s largest retailer X5 Retail Group, will be probably staying at the company for another four years. Read more [FoodBizDaily]

First Page: Buyer found for 14 First Quench stores (UK)

November 27 2009 - Venus Wine & Spirit Merchants (VWSM) has reportedly bought 14 Wine Rack stores and the trading name from the administrators of First Quench Retailing, it was claimed. Read more [FoodBizDaily]

First Page: Future Group to focus on its six large banners, expand shop-in-shop locations

November 27, 2009 – Future Group, India’s largest retailer, has decided to operate its business in only six large formats such as Pantaloons, Big Bazaar, Food Bazaar, Central, Home Town and eZone. Read more [FoodBizDaily]

First Page: Heineken launches Zlaty Bazant beer production in Belarus

November 26 2009 - Dutch beer company Heineken has started the licensed production of famous Slovak beer Zlaty Bazant in Belarus.This is the third beer brand which is produced by the company under license in the country. Read more [FoodBizDaily]

First Page: Brazilian supermarket sales up 7.27%

November 26 2009 -  - Supermarket sales in October 2009 increased by 7.27% over the same period  in 2008, according to the National Sales Index, released monthly by the Brazilian Supermarket Association (Abras) . Read more [FoodBizDaily]

First Page: Jeronimo Martins' "Biedronka" to postpone Eastern European expansion

November 26 2009 - Biedronka, Polish discount retail chain, owned by Portuguese retail group Jeronimo Martins, has postponed its debut and investments in Romania and Ukraine, local media reports. Read more [FoodBizDaily]

First Page: Greencore sees progress in convenience foods (Ireland)

November 25 2009 - The Irish food group Greencore said it expected to deliver modest earnings growth next year after sales dipped slightly in 2009 despite progress in its Convenience Foods division. Read more [FoodBizDaily]

First Page: X5 Retail Group acquires Paterson (Russia)

November 25 2009 - X5 Retail Group, Russia’s largest retailer, has finally signed an agreement to acquire 100% of the local competitor "Paterson" retail chain, the company said today. Read more [FoodBizDaily]

First Page: Costcutter rules out First Quench shop bid (UK)

November 25 2009 - UK convenience retailer Costcutter has ruled itself out of a bid for some of the stores up for sale after First Quench Retailing fell into administration, reports claim.  Read more [FoodBizDaily]

First Page: Bi-LO will need U$350 million to reorganize

November 24 2009 - The Mauldin-based Bi-Lo grocery chain submitted a reorganization plan in an effort to save the company from Chapter 11 bankruptcy. Read more [FoodBizDaily]

First Page: Hormel Foods reports $1.68 billion in sales and 53% higher profits

November 24 2009 - Hormel Foods Corporation reported its performance for the fiscal year 2009 fourth quarter and full year. The company reported fiscal 2009 fourth quarter net earnings of $103.9 million, up 53 percent from earnings of $ 67.8 million a year earlier. Read more [FoodBizDaily]

First Page: METRO Cash & Carry presents new strategy of private label development

November 24 2009 - METRO Cash & Carry has presented a new strategy of own-brands development, covering six exclusive trademarks, clearly oriented to the needs of professional customers. Read more [FoodBizDaily]

First Page: Carrefour to open premium supermarket at Paradise Park (Thailand)

November 24 2009 - Carrefour is uniting with Siam Piwat and MBK Center in Paradise Park to open a premium supermarket — this  after The Mall Group pulled out. Read more [FoodBizDaily]

First Page: Future Group plans to develop new private label products (India)

November 24, 2009 – Future Group, which runs India’s most popular retail chains like Pantaloons, Big Bazaar, Food Bazaar, has decided to develop its own brands of foods. Read more [FoodBizDaily]

First Page: Delhaize Group buys Greek retailer Koryfi for EUR 7 million (Belgium)

November 23 2009 - Alfa-Beta, the second largest food retailer in Greece and subsidiary of the Belgian international food retailer Delhaize Group announced the purchase of Greek Koryfi chain stores. Read more [FoodBizDaily]

First Page: Campbell Soup Company reports less expenses, higher earnings

November 23 2009 - Campbell reported its fiscal 2010 first-quarter results today. The reports highlights solid earnings performance in all segments, significant grow margins driven by productivity growth and a 14% increase in earnings per share. Read more [FoodBizDaily]

First Page: Carrefour continues Turkey expansion

November 23 2009 - CarrefourSA, a joint venture between French retail giant Carrefour and Turkey's Sabanci Holding, has announced it plans to expand in its local market. Read more [FoodBizDaily]

First Page: Kraft Foods may acquire Dirol Cadbury Russia

November 23 2009 - U.S. food giant Kraft Foods Inc. has filed an application to the Russian Federal Antimonopoly Service (FAS) regarding with the possibility of acquisition of OOO Dirol Cadbury -  the Russian business of British Cadbury Plc. Read more [FoodBizDaiy]

First Page: Royal Wessanen sells Liberty Richter to World Finer Foods (US)

November 23 2009 - Netherlands-based Royal Wessanen is pushing ahead with its plans to concentrate on European organic and specialty food markets with the sale of its Liberty Richter business. Read more [FoodBizDaily]

First Page: Tesco Lotus estimates New Year spending will reach $2.4 billion in Thailand

November 23 2009 - Tesco Lotus, Thailand’s leading hypermarket operator, estimates New Year spending in 2009 will reach $2.4 billion, 6.5 per cent higher than last year’s $2.3 billion. Read more [FoodBizDaily]

First Page: Kerry Group hails efficiency drive as it maintains forecast (UK)

November 20 2009 - Kerry Group said its consumer foods businesses have been hit by currency depreciation and the economic climate but it saw solid margin improvement due to efficiency programmes. Read more [FoodBizDaily]

First Page: Pantaloon Retail plans to raise around US$ 110 million by way of Private placement (India)

November 20, 2009 – Pantaloon Retail (India) Limited, largest retailer in India,  today said it will raise around US$ 110 million by way of private placement of shares with qualified institutional buyers. Read more [FoodBizDaily]

First Page: Arla acquires Fonterra stake in Anchor venture

November 20 2009 - Fonterra has sold its stake in a joint venture with Arla Foods for the marketing and distribution of the Anchor dairy brand in the UK. Read more [FoodBizDaily]

First Page: Supreme Court issues notice to GlaxoSmithkline for advertising war with Heinz India

November 20, 2009 – An advertising war between two health drink brands Horlicks of GlaxoSmithkline (GSK) and Complan of Heinz India finally found its place in the apex court of India. Read more [FoodBizDaily]

First Page: The J. M. Smucker Company net sales up 52 percent led by Folgers

November 20 2009 - The J. M. Smucker Company  today announced results for the second quarter ended October 31. A 52% net sales growth is attributed to the merger with The Folgers Coffee Company . Read more [FoodBizDaily]

First Page: Pinnacle Foods acquires Birds Eye Foods for U$1.3 billion

November 19 2009 - Pinnacle Foods Group LLC announced today that it has signed a definitive agreement to acquire Birds Eye Foods from a holding company controlled by Vestar Capital Partners in a transaction valued at $1.3 billion. Read more [FoodBizDaily]

First Page: Morrisons claims record customer numbers as Bolland quits

November 19 2009 - The supermarket chain Morrisons is boasting of a record number of customers as it reported like-for-like sales grew by 4.3% in the face of lower retail price inflation in the third quarter. Read more [FoodBizDaily]

First Page: Slovenian retail group Mercator to invest 159 million Euros in Eastern European expansion

November 19 2009 - Slovenian ‘Mercator’, one of the largest Eastern European retail chains, plans to invest nearly 159 million Euros in expanding its network in Southeastern Europe aiming to become the leading trading house in the region. Read more [FoodBizDaily]

First Page: REWE Group set to expand in Bulgaria

November 18 2009 - Penny Market, the German-owned discount supermarket chain, opened its second Sofia retail outlet, the company has announced. Read more [FoodBizDaily]

First Page: Ahold launches major cost cutting programme

November 18 2009 - Dutch grocer Ahold said it is rolling out a €350 million cost reduction program over the next three years to concentrate on providing value to customers. Read more [FoodBizDaily]

First Page: Arla pushes for better milk price (UK)

November 18 2009 - The dairy foods company Arla says it wants to see better prices in the retail market as it announced it was raising the amount it pays for milk. Read more [FoodBizDaily]

First Page: Morrisons’ boss appointed new Marks and Spencer chief executive

November 18 2009 - The Marks and Spencer Group has announced that Marc Bolland is to be its new chief executive, taking over from Sir Stuart Rose. Read more [FoodBizDaily]

First Page: X5 Retail Group to open 140 "Pyaterochka" soft discounters in Russia by the end of the year

November 18 2009 - X5 Retail Group, Russia's largest retailer in terms of sales, is planning to accelerate its expansion in the domestic market through the opening of 140 soft discounters under the Pyaterochka (Five) brand. Read more [FoodBizDaily]

First Page: PepsiCo India set up renewable energy units for its beverage and snacks plants

November 18, 2009 – PepsiCo India has set up renewable energy units like biomass, solar and wind power at its beverage and snacks plants. Read more [FoodBizDaily]

First Page: Nestlé wants to expand its halal presence in Europe

November 17 2009 - Frits van Dijk, Nestlé Executive Vice President described Nestlé's role of halal in its global expansion during the first regional World Halal Forum Europe, on November 17-18 in the Netherlands. Read more [FoodBizDaily]

First Page: Economic recovery and new stores will drive Carrefour growth in Malaysia

November 17 2009 - Guillaume de Colonges, CEO, Carrefour Malaysia, expects the incipient economic recovery and the addition of 5 hyper-market stores in 2009 to boost the group’s revenues by 20%. Read more [FoodBizDaily]

First Page: Uniq to sell Dutch units for €20 million

November 17 2009 - European convenience foods group, Uniq, said it has reached agreement on the proposed sale of its Netherlands Business Units with the Benelux investment group, Gilde Equity Management, for €20 million. Read more [FoodBizDaily]

First Page: Largest Ukrainian retail group Amstor will be sold to private investors

November 17 2009 - "Smart-Holding, a diversified Ukrainian Holding, is planning to buy the largest Ukrainian retail group Amstor, Ukrainian media reports. Read more [FoodBizDaily]

First Page: 7-Eleven aims to have 5,200 stores in Thailand

November 17 2009 - CP All Plc, Thailand operators of 7-Eleven, aims to have 5,200 7-Eleven stores in Thailand by the end of 2009. The company is now focusing more on selling franchise stores rather than opening its own stores. Read more [FoodBizDaily]

First Page: Unite seeks guarantees from Kraft over Cadbury workers

November 16 2009 - Britain’s biggest union, Unite, has written to the Chief Executive of Kraft, Irene Rosenfeld, to urge the US food giant to reveal its plans for Cadbury and its UK workforce. Read more [FoodBizDaily]

First Page: Tesco to open 13 new stores in Poland by February 2010

November 16 2009 - UK retail group Tesco is planning to open approximately 13 new stores in various formats in Poland by the end of February 2010, Polish media reports. Read more [FoodBizDaily]

First Page: Anheuser-Busch InBev NV might spend U$7 billion to buy Corona

November 16 2009 - Anheuser-Busch InBev NV, the world's largest beer brewer, has plans to buy Mexican beer Corona as the next takeover target in an attempt to repeat the formula to grow income through cost-containment in a stagnant market. Read more [FoodBizDaily] 

First Page: Arla Foods plans to build world’s largest fresh milk dairy (UK)

November 16 2009 - Arla Foods UK has announced that it will invest in building a new one-billion litre liquid milk processing facility on the outskirts of London. Read more [FoodBizDaily]

First Page: Auchan to expand its presence in Ukraine

November 16 2009 - French retail group Auchan is planning to open 3 hypermarkets in the Ukrainian capital Kiev by the end of the current year, thus expanding its Ukrainian chain up to 7 hypermarkets Read more [FoodBizDaily]

First Page: Tesco concerned about new retail law (Thailand)

November 16 2009 - Sir Terry Leahy, the President of Tesco Group, England, had a meeting with the Thai prime minister to discuss the draft of a new retail law. Read more [FoodBizDaily]

First Page: Big C’s retail sales down -4.5% impacted by ongoing economic downturn (Thailand)

November 13 2009 - Big C, one of Thailand’s leading hypermarket operators, reported 4.5% drop of retail sales in the third quarter 2009 impacted by ongoing economic downturn. Read more [FoodBizDaily]

First Page: Coca-Cola Brazil will invest U$6 Bi in the country. Open first "green" plant in Latin America

November 13 2009 - Coca-Cola will increase investments in Brazil by 75% over the next five years according to Coca Cola CEO Muhtar Kent. Read more [FoodBizDaily]

First Page: Tesco and Asda head-to-head in Christmas price slash

November 13 2009 - Tesco and Asda are battling for position in the run-up to Christmas with sweeping price cuts in what Asda forecasts to be “the most competitive Christmas of the decade”. Read more [FoodBizDaily]

First Page: BRF Brasil Foods reported net Income of R$210 million in Q3

November 13 2009 -  BRF Brasil Foods commercialized a total of 1.4 million tons of meats, dairy products and other processed items during the third quarter of 2009. Read more [FoodBizDaily]

First Page: Bharti-Del Monte JV Field Fresh Foods will start production in India by 2010

November 13, 2009 – FieldFresh Foods, a joint venture company of Bharti Enterprises Limited and Del Monte Pacific Limited, has said that the company’s upcoming plant in Hosur, Southern Indian state of Tamil Nadu, will start production of the company’s entire processed foods by April 2010. Read more [FoodBizDaily]

First Page: French retail group Auchan opens 7th hypermarket in Romania

November 13 2009 - French retail group Auchan has opened its 7th hypermarket in Romania, local media reports. The new hypermarket is located in the city of Timisoara and will be the largest store in the western part of the country. Read more [FoodBizDaily]

First Page: Greggs eyes First Quench stores (UK)

November 13 2009 - The British bakery chain Greggs is showing an interest in 100 shops of First Quench Retailing, the owner of Threshers, which fell into administration last month, according to reports. Read more [FoodBizDaily]

First Page: Barry Callebaut growth bucks chocolate market trend

November 12 2009 - Swiss chocolate manufacturer Barry Callebaut said it has outperformed the global chocolate market, which saw a decline in consumption, and reported strong top-line and bottom-line growth. Read more [FoodBizDaily]

First Page: METRO Cash & Carry India plans to invest US$ 180 million to open 6 centers in Punjab

November 12, 2009 – METRO Cash & Carry India Private Limited, a subsidiary of Germany-based Metro AG, has decided to invest US$ 180 million for setting up 6 wholesale centers in different locations in Northern Indian state of Punjab by 2010. Read more [FoodBizDaily]

First Page: Cloetta points Orkla’s subsidiary Beauvais as sole distributor for Denmark

November 12 2009 - Cloetta, Scandinavia's oldest and the only major wholly Swedish confectionery company announces that Beauvais A/ S will be the company's new distributor in Denmark. Read more [FoodBizDaily]

First Page: Metro Cash & Carry to test small stores format in Russia

November 11 2009 - German Metro Cash & Carry is planning to start the development of mini hypermarkets format in Russia during the next several years, according to Metro Cash & Carry Russia CEO Akin Bayer. Read more [FoodBizDaily]

First Page: Sainsbury’s growth strategy rewarded in H1

November 11 2009 - Sainsbury’s has reported strong sales and profit growth for the first half of the financial year as it continued to focus on a wider product range, price and promotions. Read more [FoodBizDaily]

First Page: Aditya Birla Retail launches its fourth "More." hypermarket in India

November 11, 2009 – Aditya Birla Retail Limited (ABRL) has launched its fourth hypermarket under the banner ‘more.MEGASTORE’ in Indore, central Indian state of Madhya Pradesh. Read more [FoodBizDaily]

First Page: Metro Group's Real continues rapid expansion in Russia

November 11 2009 - Real, a European hypermarket group member of the German trade and retail giant Metro Group has opened its first shopping center in the city of Rostov (South of Russia) with a total area of 39 550 sq. m. Read more [FoodBizDaily]

First Page: SPAR Poland to merge with one of the biggest Polish food and groceries distributors Bac-Pol

November 10 2009 - One of the biggest Polish food and groceries distributors Bac-Pol company is planning to merge with the Polish branch of one of the world’s largest food store chains SPAR. Read more [FoodBizDaily]

First Page: Metro Cash & Carry to start expansion in Egypt and Kazakhstan

November 10 2009 - German Retail Group METRO Cash & Carry is opening its first hypermarket in Kazakhstan and starting the construction of its first shopping center in Egypt, according to Kazakh press. Read more [FoodBizDaily]

First Page: Cadbury investors to hold out for better offer from Kraft

November 10 2009 - Cadbury investors have indicated that they are holding out for a better deal from Kraft after reports that shareholders would find anything above £8 a share hard to refuse. Read more [FoodBizDaily]

First Page: Wal-Mart 'sells' Asda for £6.9bn (UK)

November 09 2009 - Wal-Mart has sold Asda for £6.9bn to the Leeds-based investment vehicle, Corinth Services Limited, as part of a group restructure, reports claim. The deal, which was for £200m more than Wal-Mart paid for the UK supermarket chain in 1999, took place in August but was previously undisclosed. Read more [FoodBizDaily]

First Page: X5 Retail Group may acquire Kopeyaka retail group for $350 millions

November 09 2009 - The largest Russian retailer X5 Retail Group is considering acquiring its local competitor "Kopeyaka" retail group. According to sources  the company has already asked some leading Russian banks to provide funding for the transaction. Read more [FoodBizDaily.com]

First Page: ** update ** Kraft bid for Cadbury dismissed as 'derisory'

November 09 2009 - Kraft Foods has made a hostile bid for Cadbury that is said to be worth £9.8 billion, which is lower than the value of its initial bid that was rejected. Read more [FoodBizDaily]

First Page: Carrefour and Extra win "Top of Mind 2009" award (Brazil)

November 06 2009 - Savings, discounts and promotions. Those words were pretty common amid Brazilian supermarket sector in 2009 in order to attract consumers, and dispute was fierce inside and outside store chains. Read more [FoodBizDaily]

First Page: New organic tea to hit UK shelves as market opens up to China

November 06 2009 - A new agreement between organic certifiers in the UK and China could see products from small producers of high quality organic China tea on shop shelves by the summer. Read more [FoodBizDaily]

First Page: French retail group Auchan to expand in Russian Siberia

November 06 2009 - French retail group Auchan has opened its first hypermarket in Omsk (Russian Siberia), according to local media. Investment in the project has yet to be announced. Read more [FoodBizDaily]

First Page: Brazilian new import license requirements are hurting Canada's McCain business in Argentina

November 06 2009 - Frozen and dehydrated mashed potato manufacturer McCain (Canada) threatens to stall its production in Argentina next week due to Brazilian barriers against a range of products from the neighboring country, including perishables. Read more [FoodBizDaily]

First Page: Magnit OJSC to invest $250 million in Russia’s expansion

November 06 2009 - Russian retail group Magnit is planning to invest more than $250 million on the development of logistics, the construction of new hypermarkets and further expanding in Russia, according to Director of Investor Relations of the Company Oleg Goncharov. Read more [FoodBizDaily]

First Page: Administrators to close 373 First Quench stores (UK)

November 06 2009 - The joint administrators of First Quench Retailing have announced the closure of 373 of its stores as the hunt is on for a buyer to snap up the remainder that are still trading.  Read more [FoodBizDaily]

First Page: Carrefour plans to invest in mini-hypermarket format in Poland

November 06 2009 - Carrefour is planning to expand its mini-hypermarket format in Poland and is focusing in small cities with the population of no more than 100 000 inhabitants. Read more [FoodBizDaily]

First Page: Wal-Mart Chairman meets Indian Prime Minister

November 6, 2009 – Wal-Mart Stores Inc. Chairman Mr. S Robson Walton met Indian Prime Minister Dr. Manmohan Singh here this week. The company is seeking permission to invest in multi-brand retail in India which is currently not allowed by the Government of India. Read more [FoodBizDaily]

First Page: Threshers’ franchisees move to avoid 'bankruptcy' (UK)

November 05 2009 - Threshers off-licence chain franchisees are said to be visiting a commercial law firm today in a salvage operation after First Quench Retailing collapsed into administration, reports claim. Read more [FoodBizDaily]

First Page: Real opens third hypermarket in Bucharest (Romania)

November 05 2009 - German retail chain Real (Metro Group) has opened its third hypermarket in the Romanian capital Bucharest on October 29, in the biggest Romanian commercial center -  IPA Cotroceni Palace. Read more [FoodBizDaily] 

First Page: Delhaize reaps rewards of price cuts and promotions (Belgium)

November 05 2009 - The Belgium-based supermarket group Delhaize has posted a 28% surge in Q3 net profit on the back of improved price positioning, targeted promotions and cost control, according to reports. Read more [FoodBizDaily]

First Page: Unilever profits down but growth encouraging

November 05 2009 - Unilever has reported a 35% fall in net profit for Q3 but sales grew significantly in a challenging market, partly driven by innovation, new products and a marketing push. Read more [FoodBizDaily] 

First Page: Colruyt Group launches bid for Foodinvest Group (Belgium)

November 05 2009 - Colruyt Group said it has launched a 100% takeover bid for Foodinvest Group to strengthen its market position and to lead to further sustainable growth in professional catering. Read more [FoodBizDaily]

First Page: X5 Retail Group greenlighted to acquire Paterson (Russia)

November 05 2009 - Russian Federal Antimonopoly Service (FAS) has allowed the largest Russian retailer X5 Retail Group to buy a stake in its local competitor Paterson. Read more [FoodBizDaily]

First Page: Ahold streamlines for growth and acquisitions

November 05 2009 - Dutch grocer Ahold has announced changes to its European and US businesses to create a strong platform for future growth and pave the way for acquisitions. Read more [FoodBizDaily]

First Page: Mosmart may bid for Carrefour's Russian business

November 05 2009 -  Mr Vitaliy Podolskiy , Mosmart CEO, confirmed to FoodBizDaily.com the intention to acquire Carrefour business in Russia. Read more [FoodBizDaily]

First Page: Big C Launches Online Shopping Ahead of Tesco and Central in Thailand

November 05 2009 - Big C Supercenter has launched online shopping ahead of Tesco Lotus and Central Group. It will begin with its 3 branches to attract higher-tech families who appreciate convenience. Home delivery is next on the agenda if the idea catches on and takes off. Read more [FoodBizDaily]

First Page: Marks & Spencer to sell branded goods in grocery war (UK)

November 04 2009 - Retailer Marks & Spencer has announced that it will sell around 400 branded grocery and household products in all of its UK stores for the first time in its history, following a successful 16-month trial. Read more [FoodBizDaily]

First Page: Barry Callebaut to acquire Spanish chocolate maker Chocovic

November 04 2009 - Zurich-based Barry Callebaut said it is strengthening its position with industrial and artisanal customers in Spain after signing an agreement to acquire Chocovic from the Nederland Group. Read more [FoodBizDailly]

First Page: New concept supermarket Eataly is leading the way to the sector’s future (Italy)

November 03 2009 - The ambitious Eataly is a food and wine center where visitors can buy, taste and learn about high-quality food and beverages. It is an unlikely mix of food bazaar, farm stand, educational center, museum and assorted dining experience. Read more [FoodBizDaily]

First Page: India-EU to discuss duties on wine & spirits on November 6

November 3, 2009 – A meeting has been fixed on November 6 between India and EU on the issue of high duties and taxes on wines and spirits imported from the European Union. Read more [FoodBizDaily]

First Page: F&N invests U$176.5 million in two new dairy plants (Thailand)

November 02 2009 - Fraser & Neave Holdings Bhd (F&N) have recently made a bold move, investing $176.5 million for two new dairy plants to serve rising demand and be poised to become the region’s biggest canned milk producer. Read more [FoodBizDaily]

First Page: Wessanen sells Karl Kemper frozen business (Germany)

November 02 2009 - Royal Wessanen NV said it has sold its Karl Kemper business, based in Borken, Germany, as it strides ahead with restructuring plans. Read more [FoodBizDaily]

First Page: Glisten profits fall heavily but signs of a turnaround ahead (UK)

November 02 2009 - Glisten plc, a UK manufacturer of cereal, fruit snack bars and health bars, said that its performance for the year was below expectations as it struggles against the price-cut promotions of big brands. Read More [FoodBizDaily]

Copyright 2012© FoodBizDaily.com - all rights reserved