Business

CSM to focus on bakery

CSM to focus on bakery

By Catherine Boal

Dutch ingredients producer CSM is poised to sell its lucrative
sugar business to Royal Cosun in an effort to streamline their
bakery portfolio and strengthen growth in pivotal areas.

Kraft prepares for UB bid

Kraft prepares for UB bid

By Anita Awbi

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.

Nestlé outperforms in Q1

Nestlé outperforms in Q1

By Anita Awbi

Swiss food giant Nestlé has announced a first-quarter sales rise of
14.1 per cent to CHF22.8bn (€14.5bn), beating analyst expectations
and reconfirming its full-year target of a five to six per cent
growth rate.

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