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Greggs sales up but expansion slowing

Greggs Plc, the UK bakery business that has stood out as a growth success story in a sector cramped by obesity concerns, last week unveiled first-half results that suggest it...

Sara Lee sales down, but profits boosted by cost-cutting

Major cost-cutting at US-based Sara Lee boosted operating profits at its bakery division by 36 per cent over 2005 but sales were down on the previous year after a 53rd...

Biscuit maker McVitie's cuts jobs after floods

UK biscuit maker McVitie's is to cut 33 jobs at its Carlisle factory, after damage caused by floods in January permanently disabled four production lines, reducing the plant's total output...

ADM sales decline lifted by lower costs

Archer Daniels Midland has reported a fourth-quarter profit, with lower costs offsetting a decline in sales.

Could Atkins bounce back from bankruptcy?

Business is looking bleak for Atkins Nutritionals. As the once-celebrated pioneer of a diet regime that took the world by storm files for bankruptcy protection, Jess Halliday asks: What went...

Tate & Lyle defiant in face of sugar regime change

Tate & Lyle has vowed to continue to pursue its ambitious expansion plans despite warnings that proposed changes to the sugar regime could begin to affect business as soon as...

Kellogg's European sales fall

Once inflation is taken into account Kellogg's sales figures in a stagnant European market fell by about one per cent in the second quarter, according to figures published this week.

Real Good Food buys sugar supplier

In a move to secure its supplier base for its bakery operations and expand its business, the UK's Real Good Food Company (RGFC) said yesterday it would buy Napier Brown...

EU sugar reform to impact local operations for enzyme leader Novozymes

Number one food enzyme supplier Novozymes likely to move production to the US and China as a result of the new EU sugar reform, the daily Berlingske Tidende reports.

Provexis focuses shareholder attention on new products as losses grow

UK functional food company Provexis says a growing pipeline of functional food products will change its fortunes, as it reports growing losses from its Altu healthy cereal bar.

Cargill cuts jobs at sweetener operations on market pressures

Job losses at the sweetener operations of ambitious ingredients firm Cargill are imminent as the largest private firm in the US appears to feel the squeeze of "market conditions". ...

Allied Bakeries driver dies in loading accident

The latest in a series of serious accidents in UK bakeries resulted in the death of a worker at an Allied Bakeries plant in Glasgow last week, writes Lorraine Heller.

Private equity buys food ingredients group IMCD

Private equity moves deeper into food ingredients industry, with European equity provider ABN AMRO Capital buying up ingredients distributor IMCD from AlpInvest Partners, reports Lindsey Partos.

CSM closes three US production sites

CSM Bakery Supplies North America plans to close three production sites and to restructure a further two facilities, the Dutch ingredients firm announced today.

DSM sheds yeast business in nutrition focus

Dutch food and pharma group DSM completes the last step in shedding its bakery portfolio, selling its stake in the South African yeast products manufacturer Rymco,writes Lindsey Partos.

More fines for bakeries neglecting health and safety

Another UK bakery faced a heavy fine this week after neglecting to ensure a safe working environment, leading to a worker losing his arm in an accident with a dough...

Bakery acquisitions on the high

Squeezed by tight margins owing to high raw material costs and a powerful retail sector reluctant to pass on price increases, players across the bakery sector are striving to find...

CSM reduces debt by €145m

Dutch bakery ingredients giant has reduced its long-term debt by €145m, the company announced today, as part of its strategy to improve its balance sheet.

DSM clears deal to shed bakery ingredients unit to private equity

Food and pharma group DSM clears a €197.5 million deal to shed its low growth bakery ingredients operations to private equity firm Gilde, reports Lindsey Partos.

CSM restructures subsidiary Purac

Dutch bakery ingredients firm CSM marches forward in its restructuring programme, announcing today that its next target for change will be subsidiary Purac Nederland.

Californians clash over acrylamide labeling

A Californian environmental group has threatened to sue food manufacturers unless they place acrylamide warning labels on certain products, writes Anthony Fletcher.

CSM sheds activities in Nordic area

Dutch bakery ingredients leader CSM continues to slash non-profitable activities, announcing yesterday that it will close its BakeMark sales office in Finland as part of its restructuring of the Bakery...

US bakers and suppliers launch initiative to reduce costs

A new initiative to bring American bakers and suppliers closer together is designed to cut costs and improve profitability, reports Lorraine Heller.

Northern Foods hit by fall in profits

Northern Foods, one of the UK's leading suppliers to Marks & Spencer, yesterday announced a sharp fall in annual profits after a year of tough restructuring.

Lack of funding threatens health and safety

Injuries at bakeries will be a major focus for 2005/6, says the UK's industry inspection body, yet the unions believe there is even less funding this year to implement health...

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