Smucker drops foodservice for brands
Leading American food producer J. M. Smucker has agreed a deal to sell its US Multifoods foodservice and bakery businesses in order to concentrate on well-known consumer brands, reports Chris Mercer.
Archives for January 18, 2005
Flavour firm Takasago uses China as hub
Number six global flavours player Takasago International has established a new division in Shanghai aimed at expanding its manufacturing and retail presence in China as well cutting costs.
RFID take-up set to increase in 2005
Most suppliers and manufacturers have made some headway in meeting RFID mandates, though many have started out small, says ABI.
Frutarom: fresh capital for 2005 acquisitions?
Israeli flavour firm Frutarom, with clear ambitions to become one of the top ten flavour players, is seeking a listing on the London Stock Exchange to raise funds for imminent acquisitions.