News & Analysis on the Bakery and Snacks Industries
UK beverage group Diageo has sold 49.9 million shares in US company General Mills to reduce debt, while US-based Sara Lee is to shed 60 of its smallest businesses to invest in its leading brands. Elsewhere, Spain has instigated a shake-up of labelling...
Dutch brewing giant Heineken has increased its stake in Russia's rapidly growing beer market for the second time in three months, underlining the competition among big brewers to exploit the potential of this newly crowned nation of beer lovers.
Researchers at the Fraunhofer Institute for Environmental, Safety and Energy Technology in Germany are developing a compostable packaging tape that can be disposed of cheaply and creates less waste.
The UK's booming sandwich industry has come in for criticism after a survey found that some of their products contain around two-thirds of the whole day's recommended fat intake for women.
Perfetti Van Melle (PVM), the Dutch-Italian confectionery producer, is to open a new production facility in the Moscow region as it seeks to exploit market growth and narrow the gap with rival producers already established there, writes Angela Drujinina.
Australian packaging firm TNA has opened a branch in Manila, Philippines as the latest stage of the company's global expansion programme.
Russia has banned all imports of meat from Brazil following an outbreak of foot-and-mouth disease late last month. But Russian importers of Brazilian pork have complained that the ban will hurt them the hardest - and that it is being used as a...
Finnish dairy products company Valio is to acquire Norwegian firm Synnöve Finden's 42 per cent holding in Estonian cheese producer Võru Juust, leaving Valio with a 99 per cent stake in Võru Juust.
This week's business round-up includes more finger-pointing at Parmalat, a new name for UCB Films and more titles for Pilgrim's Pride president.
A boost from EU exports and a solid home market performance have helped Polish meat processing company Sokolów to achieve bumper net profits for the first half of 2004, but this is all part of the plan, according to a company quietly confident of...