RHM, one of the largest food retailers in the UK and Ireland has
announced its sale of Pasta Foods LTD to a management buy-out team
for an undisclosed fee. In a separate deal it has also sold Three
Cooks limited to Cooks limited,...
Hot weather hit frozen food and ready meals but boosted salads and
sandwiches in the first half for Uniq. Reported sales were slightly
lower than last year due to the residual effects of disposals, but
the company's restructuring...
Major British sugar and sweetener group Tate and Lyle has reported
a sixper cent decrease in half year profits today and the success
of agreementsfor future prices for it starches and sweeteners will
have a major impact onthe profits...
Following low wheat crop yields, analysts are warning that Ukraine
isthreatened with increasing food prices, particularly with respect
to breadand bakery produce. The rise in food prices is also
expected to have asignificant knock-on...
The addition of two major grocery brands (Mazola and Ovaltine)
helped lift sales and profits at Associated British Foods in the
last 12 months. But the traditional ingredients, agriculture and
retail businesses also improved during...
Kellogg, the cereal and snacks maker, has raised its full-year
profit forecast after an excellent third quarter performance which
saw both sales and profits rise significantly. The gains came as a
result of new product launches, brand...
Even four years into its five-year Path to Growth programme,
Unilever still has plenty of non-core brands to offload. The latest
are Ambrosia and Brown & Poulson, two well-known ambient food
brands in the UK market, which have...
United Biscuits continues to restructure with a £10 million plan to
expand its Harlesden plant in north west London. This follows the
closure of its biscuit production facility in the English Midlands
earlier this year.
US bakery firm Krispy Kreme appears keen to become part of the
British establishment. The firm's first UK store was opened today
at Harrods, the Knightsbridge department store famous for its
opulence and glamour.
Despite significant restructuring following the acquisition of
Pillsbury in 2001, US bakery and foods giant General Mills is
reported to be satisfied with its overall results for the first
quarter of fiscal 2004.
Northern Foods has continued its strategy of focusing on the
fast-growing convenience food sector with the sale of its Fox's
Confectionery unit. Will the troubled Fox's biscuit business be the
next unit put on the market?
The increasing popularity of chilled pasta meals across Europe has
helped drive up sales and profits at Belgian group Ter Beke in the
first half. And with a new acqusition in France set to boost sales
further in the second half, full...
National Starch has appointed Biomin to distribute its nutrition
products in Scandinavia. The exclusive agreement includes the
supply of Hi-maize and Novelose, plus forthcoming new product
developments in Denmark, Finland, Norway...