Royal Ahold's sale of Deli XL to South Africa-based Bidvest of
South Africa was cleared yesterday by the European Commission,
serving as a sign another investment company sees opportunity in
Europe's stagnant food marketplace.
A substantial increase in goodwill amortisation costs pushed down
operating profits at Irish baked goods and agribusiness group IAWS
in the first half. But sales increased during the half, even after
the impact of currency movements,...
German-based technology firm Linde Group has reported a Q3 rise in
profits from July to September 2003 despite tough economic
conditions and negative currency effects. The company said that all
business segments contributed to driving...
It's been a good year for global packaging giant Pactiv. The firm
recently acquired the plastic packaging assets of Rock-Tenn, and
was even named as one of the US's safest companies. It would appear
that 2003 has brought...
Having been on the verge of bankruptcy just eight months ago, Crown
Cork and Seal are now well on the road to recovery, after an
intensive period of cost cutting and selling off a number of its
less profitable divisions.