The Burns Philp hostile bid for Australia's biggest food company
appears to be far from over with the ingredients and yeast company
yesterday referring its bid to the Australian Takeovers Panel - the
principal forum for resolving...
Mission Foods, the world's leading producer of tortillas and
tortilla chips, has increased production capacity at its
state-of-the-art Coventry, UK, factory with the help of two high
speed, electronic, modified atmosphere packaging...
Goodman Fielder, Australia's largest food company, has today
rejected a hostile bid by international yeast and ingredients
company Burns Philp. Goodman Fielder advised its shareholders to
spurn the bid because "the offer...
A disappointing Christmas period meant that sales did not quite
meet expectations, but French baked goods group Brossard
nonetheless ended the year with a 35 per cent rise in sales - and
expects further growth in 2003 after the launch...
In a bid to strengthen customer relations, French chemicals company
Rhodia announced yesterday that from now on it will be grouped
around four divisions which will essentially serve the company's
Increased marketing expenditure to back the relaunch of the
flagship McVities brand helped United Biscuits increase its sales
in 2002. But it is the possible future of the company - and the
likelihood of a bid from minority shareholder...
Baked goods producer and retailer Greggs expects to show
'satisfactory' growth in full-year sales when it reports in March
after preliminary figures for the second half showed a 5.4 per cent
In a bid to streamline its UK milling operations, food and
ingredients group Associated British Foods is to sell its British
third party flour milling business to ADM Milling, a wholly owned
subsidiary of Archer Daniels Midland.
The founder of Germany's largest bakery chain, Kamps, has stood
down from his post as chairman. Heiner Kamps will stay on as a
consultant, but said he could not remain as the head of the company
now that it had been acquired...
Cargill Dry Corn Ingredients, a subsidiary of privately-owned US
agribusiness giant Cargill, continues to make inroads into Europe
with the announcement this week that its €6.05m state-of-the-art
masa flour plant is officially up...
SIG Doboy Linium has supplied Manor Bakeries, the UK producer of Mr
Kipling brand cakes, with two packaging lines at its Stoke on Trent
facility. The new lines were designed to provide flexibility for
future changes and to meet requirements...
After months of bitter negotiations with staff at its Fontaneda
biscuit unit in Spain, Britain's United Biscuits group has agreed
to sell the company to Siro, another Spanish biscuit maker which
has agreed to maintain staff levels...