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Kraft biscuit buy goes ahead

US Food giant Kraft has completed its acquisition of United Biscuits' Iberian biscuit sector in a $1.07bn (€836m) deal that will increase its already-strong presence in Europe.

Steady results for Kraft

Global snack heavy weight Kraft Foods has reported steady results but figures show the impact of a year of change for the US based company.

Confirmed: Kraft buys Spanish UB unit

Leading food manufacturer Kraft has paid £575m (€829.6m) for United Biscuit's southern European snack business. The deal was signed off over the weekend, said British daily The Financial Times.

Kraft prepares for UB bid

American manufacturer Kraft will make a bid for United Biscuit's southern European division, while Premier Foods and a Dutch equity firm negotiate for stakes in UB's northern European operations.

Kraft customers to invent new products

US food firm Kraft has launched a customer-led research and development programme, in a bid to re-engage with consumers and tap growing health and wellness trends.

Kraft and Premier Foods eye United Biscuits

US food giant Kraft is partnering with Britain's Premier Foods to launch a bid for United Biscuits, according to industry insiders.

Kraft's tax rebate strengthens finances

Kraft Foods has recorded stable first quarter results, masking falling operating income with a favourable tax settlement and raising prices to combat spiralling production costs.

Kraft to target health, convenience and premium trends

US manufacturer Kraft Foods has announced a "fewer, bigger, better" policy, concentrating on crucial brands in key areas as the firm suffers from lagging performance.

Kraft cuts 8,000 jobs to offset spiralling costs

US manufacturer Kraft Foods has announced a massive extension to its three-year restructuring plan that will see a further 8,000 jobs and 20 production plants go, as the company absorbs...

Kraft to scrap GM ingredients in China

Kraft Foods, the US snack and dairy firm, has agreed to remove all genetically modified ingredients from its products in China, in a sign anti-GM attitudes are on the increase.

Kraft feels the pressure of rising energy and packaging costs

Kraft Foods has confirmed that it is increasing prices of many of its products in the United States by an average of 3.9 per cent because of rising energy and...

Kraft launches healthy Nabisco snack line

Leading US food manufacturer Kraft Foods has taken another step in the direction of health and wellness, launching a new line of wholegrain snack products under its Nabisco brand.

Kraft targets kids' advertising as part of health and wellness campaign

On the back of growing consumer interest in healthy eating, leading US food maker Kraft Foods is focusing on its increasingly successful health and wellness segment, announcing plans to further...

Kraft Foods spears new products to sustain growth

Food giant Kraft Foods, the maker of Maxwell House coffee and Nabisco cookies, will push funds behind 'fewer, bigger and better new product ideas' to fuel sustainable growth.

Kraft introduces new products for South Beach Diet

The leading US food maker Kraft Foods is putting its weight behind the increasingly popular South Beach diet, launching a new line of foods for people following the regime, reports...

Kraft puts money into flavor research

Kraft Foods is helping to finance a seat at the Monell Chemical Senses Center, which should help scientists - and food companies - to learn more about the intensity and...

Kraft extends nutrition labelling to US audience

Kraft Foods, the world's biggest food company, has announced its US operation is to provide consumers with more nutritional information about its products - a precedent already set by its...

Kraft's earnings suffer despite healthy efforts

Despite attempts by Kraft Foods to give the company a healthier image, earnings fell for the fifth straight quarter as higher commodity costs and retail price pressures took their toll.

Kraft nutrition labels to appease US government

The rising pressure on US food producers to play their part in improving the health of the world's fattest nation has led Kraft Foods to promise more nutritional information on...

Kraft spending its way out of trouble?

Increasingly health conscious US consumers chose to bypass the snack packs of food giant Kraft in the second quarter, a trend which weighed heavily on profits at the country's biggest...

Health concerns drive Kraft innovations

Leading branded food manufacturer Kraft Foods confirmed its commitment to healthier foods yesterday, outlining a series of steps designed to help reduce rising obesity rates....

Kraft buys Turkish snack foods

Kraft Foods, the US-based branded food and drink producer, has announced the acquisition of Kar Gida, a Turkish snack food producer, for an undisclosed sum....

Kraft bid for British snackmaker unlikely

Bankers yesterday downplayed the likelihood of North America's largest food maker Kraft Foods making a bid for Britain's United Biscuits, as reported in Britain's The...

Kraft Foods reports 20 per cent growth in first quarter

America's biggest food company, Kraft Foods, announced a rise of 20 per cent in earnings for the 2002 first quarter, attributing strong volume growth in...

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