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Wiseman reassures anxious investors after FY results

Robert Wiseman Dairies has moved to allay its shareholders' concerns after announcing a disappointing decline in the company's full-year profits, stemming from last year's loss of a lucrative contract to...

Confectioner's demise blamed on supermarket squeeze

Scottish confectioner John Millar and Sons has gone into receivership and blamed aggressive pricing from supermarkets for contributing to its demise, Tom Armitage reports.

Carlsberg hit by shrinking Western beer market

Falling beer markets across Western Europe have claimed Carlsberg as their latest victim, handing the Danish brewer heavy losses in its first quarter despite strong performances in Russia and Asia,...

Cadbury takeover tattle sparks share surge

Shares in Cadbury Schweppes, one of the world's biggest chocolate manufacturers, have rocketed - as reports surface that US rival Hershey's, together with a private equity group, is plotting a...

Food agency pulls more Para Red products

The trickle of food products contaminated with the illegal colour Para Red continues in the UK, with the country's food agency identifying nineteen more food products for recall yesterday, writes...

Cadbury stumps up £40m for chocolate factory revamp

Cadbury Schweppes, the world's number two confectionery manufacturer, is to revamp its famous Bournville chocolate-making facility, as demand for its Dairy Milk brand continues to soar, Tom Armitage reports.

Arla, Dairy Crest to profit from UK milk shake-up

UK milk processors Arla Foods and Dairy Crest have had their lucrative contracts to supply fresh milk to UK multiple retailer Morrisons extended - at the expense of rival dairy...

Dairy Crest scrambles after regional dairy co-op

Dairy Crest, one of the UK's leading dairy processors, has confirmed that it is in "advanced discussions" to acquire one of the UK's largest regional dairy co-operatives, Tom Armitage reports....

Marketing and health keep Kellogg rising

Kellogg has increased sales and profits in its first quarter through clever pricing and strong marketing investment, helping the firm to forge ahead in healthy snacks and beat off private...

Tough sugar reform inevitable as EU loses appeal at WTO

Moves to reform the European sugar regime will accelerate after the EU loses its appeal against a World Trade Organisation decision that its handouts to sugar farmers are illegal, reports...

OFT could clear Asda's Somerfield swoop

A bid by Asda for retail rival Somerfield would mark an important new strategy for Britain's number two supermarket, with competition authorities by no means certain to stand in the...

Domecq Update: Constellation in bid talks

Constellation Brands has confirmed it approached Allied Domecq on Wednesday as part of a larger consortium to discuss the terms of a possible counter bid to Pernod Ricard, reports Chris...

UK brewer attacks real ale rebirth

Wolverhampton and Dudley Breweries has signed a deal to buy UK rival Jennings for £45.8 million as the firm defies protestors to capture more of Britain's resurgent real ale sector,...

Constellation to spark Allied Domecq bid war

The battle for Allied Domecq looks set to begin with news that Constellation Brands, the world's biggest wine company, is considering launching a rival bid to the £7.4 billion offer...

Foster's secures Southcorp bid approval

Foster's look set to win its long battle to buy Australian winery Southcorp after grinding down board members' resistance to a deal that could spawn a formidable 'brand Australia' on...

FoodNavigator.com scoops industry award

BeverageDaily.com's sister site FoodNavigator.com has won website of the year in the 2005 Business Food and Drink Journalism awards.

Pernod seals Allied Domecq bid deal

Allied Domecq has advised shareholders to accept a bid for the company by Pernod-Ricard worth £7.4 billion, as the latter prepares to shed brands to form the world's largest wine...

Arla, Campina disband prospective dairy deal

Arla Foods and Campina, two of Europe's largest dairy co-operatives, have abandoned their much-hyped plans to merge, after failing to secure the confidence of their respective boards, Tom Armitage reports.

Coke reports profit drop amid shareholder unrest

Coca-Cola reported an 11 per cent drop in first-quarter profit, and experienced growing shareholder unrest at its annual meeting yesterday.

Pernod plotting quick Allied Domecq offer

Pernod Ricard and Fortune Brands may be planning a formal takeover bid for the world's second biggest spirits firm, Allied Domecq, as soon as Thursday, according to a report in...

Yeast unit brings gains to ABF

South American and Asian yeast markets bring strong gains in the first half, offsetting weaker markets in the US and Turkey, London-based sugar and ingredients group Associated British Foods reports...

EU split scuppers new wine tax

The EU's main wine-producing countries, led by France and Italy, this week torpedoed discussions to raise the minimum excise duty on all alcoholic drinks, fearing a domestic backlash from vintners,...

Raw material costs hit PBG quarterly profits

Rising raw material price rises have contributed to a significant dip in first quarter profits for the Pepsi Bottling Group.

CSM sheds BakeMark Sweden to equity group

Dutch bakery ingredients leader CSM continues to shed activities in non-core countries, selling off its Swedish subsidiary BakeMark Sweden to private equity group Accent, Lindsey Partos reports.

Fonterra exits National Foods bid, San Miguel triumphs

New Zealand dairy co-operative Fonterra announced today that it has pulled out of the three month bidding war to buy National Foods, crowning San Miguel the new owner of Australia's...

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