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German choc firm shifts packaging to Poland in search of cheaper labor

Hachez, owned by the Danish Toms Group, will move part of its packaging production from Germany to Poland in an attempt to claw back some of its recent losses.

DSM reads 'fini' in green tea and leaves it to Japanese

Dutch-Swiss ingredients giant DSM Nutritional Products (DNP) has called ‘time’ on Teavigo, a decade after launching the proprietary, weight management-focused green tea extract.

News in brief

Bridges Ventures acquires controlling stake in Wholebake

UK investment firm Bridges Ventures will bolster capacity and brand development at Welsh energy bar specialist Wholebake.

Hovis bakery to close with loss of 200 jobs

The Hovis bakery in Leicester is to close by next January with the loss of 204 jobs.

EU-Ecuador trade deal to open fish, fruit and coffee doors?

Ecuador has signed an EU tariff-free trade agreement, joining Andean neighbours Peru and Colombia five years after it initially rejected the tie-up.

IAHS: “VAT on health food supplements would be a tax on health.”

Irish 23% health tax hike: Herbals, glucosamine, coQ10, probiotics remain in firing line

Proposals to push VAT (value-added tax) on some health food supplements and teas to the maximum upper bracket of 23% will discriminate against healthful products, according to The Irish Association of Health Stores (IAHS). ...

Guest article

Does Unilever’s Slim-Fast fail signal the end of weight management as we know it?

Fourteen years after Unilever spent $2.3bn (€1.7bn) to buy Slim-Fast, it has sold up for an undisclosed sum to a private equity player. Analyst and author Julian Mellentin tracks the...

News in brief

Unilever sells Slim Fast to private equity firm Kainos Capital for undisclosed sum

Unilever has sold its Slim Fast weight management brand to private equity firm Kainos Capital, but will retain a minority stake in the business. 

Fox’s Biscuits eyes premiumization to halt sales declines

UK firm Fox’s Biscuits plans to overhaul its brand image to boost domestic sales by 20% over the next three years and triple its exports, according to new managing director...

ABF buys Dorset Cereals

Associated British Foods (ABF) has bought UK premium cereal maker Dorset Cereals in a deal rumoured to be worth £50m ($83.7m) - taking its cereal brand tally up to two.

Roshen owner wins Ukraine election: Long live the president! But will his choc firm get the chop?

If Petro Poroshenko sells his chocolate firm Roshen following his Ukrainian presidential victory, Lotte is the most likely buyer, says Mintel analyst.

EU health claim regulations 'devastating' business: Poll

The European Union nutrition and health claims regulation (NHCR) – fully implemented 18 months ago – is “devastating” business as many doomsayers predicted it would, according to a new poll.

CEO JOHN BROCK 'guardedly optimistic' on aspartame's EU future

‘We’re in a better place on aspartame’: Coca-Cola Enterprises boss unshaken by US diet soda slide

Coca-Cola Enterprises (CCE) boss John Brock says he believes Europe is in a ‘better place’ on aspartame than the US after EFSA's December safety ruling, despite a slight dip in...

Unilever hints at offloading Ragu and SlimFast brands as food sales fall short

Food and consumer goods giant Unilever has hinted at the sale of brands including Ragu and SlimFast as growth from its food business struggles to compete with better-than-expected Q1 results...

Nespresso concedes in anti-trust battle: We don’t accept but we will cooperate

Nestlé's brand Nespresso will allow greater use of competitor coffee capsules in its machines following a French anti-trust investigation.

Nestlé to up confectionery prices to restore growth

Nestlé plans to increase its pricing for confectionery products to restore growth to the category.

Nestlé see Q1 slowdown, but predicts growth in following quarters

Nestlé has reported its slowest first quarter growth since 2009, but predicts sales growth to pick up on the back of new product roll-outs.

Overspend led Fabulous Bakin’ Boys to administration

Cupcakes to flapjacks firm Fabulous Bakin’ Boys (FBB) fell into administration after overspending on equipment and taking its eye off brand investment, according to new md Richard Cooper.

Walmark buys Polish food supplements range

Eastern Europe’s biggest supplements manufacturer Walmark has bought a range of products from a Polish firm in immunity and sinus food supplements.

Ukraine crisis: Continued political unrest could hit wheat market

Continued unrest in the Ukraine – the breadbasket of Europe – could cause the country's wheat prices to rise and harm exports, warn analysts.

French parliamentary report pushes 'fast-food' tax

A French senatorial report has proposed a 'junk-food' tax on products that are linked to heart disease - with the report taking particular aim at soft drinks, which currently benefit...

Carlsberg steps up Ukraine security amidst tense Russian military standoff

Carlsberg tells BeverageDaily.com it is concerned by Ukraine’s tense military standoff with Russia in Crimea and is ramping-up security but insists it's too early to say how sales could be...

News in brief

Candyking withdraws in ‘unprofitable’ Central European markets

Scandinavian pick & mix firm Candyking has decided to close businesses in Slovakia, Hungary and the Czech Republic to focus its efforts on Poland.

News in brief

Unilever to sell Peperami and Bifi meat snacks business

Unilever has agreed to sell its meat snacks business to Jack Link’s for an undisclosed sum, the company said on Friday.

Sizzling UK summer fails to ignite Heineken’s Strongbow sales

UK sales of Heineken brand Strongbow fell 1% last year despite the warmest, driest and sunniest summer since 2006 in the world’s largest hard cider market.