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News in brief

Nestle Waters sharpens French focus with Plancoet sale

Nestle Waters has sold its last regional French water brand Plancoet to Ogeu Pyrenees as the Perrier and Evian owner aims to focus more on its national and international brands.

News in brief

Irish food safety boss thought horsemeat in burgers impossible

Alan Reilly, chief executive of the Food Safety Authority of Ireland (FSAI), first thought the contamination of supermarket burgers with horsemeat was impossible but quickly realised the discovery would generate...

'We expect consumption in Europe to remain weak'

Natra to increase American and Asian presence by 50% in two years

Natra announced it will open a sales office in Hong Kong this year, as well as its first production site outside Europe, in Canada.

Candyking share offering goes up in smoke

Swedish sweet manufacturer Candyking has withdrawn its recent offering of shares worth $76.2m following fires at two of its suppliers.

Court overturns Herbalife pyramid case

Supplements giant Herbalife has won an appeal against a verdict back in 2011 which tarred the firm's recruitment and selling structure as a pyramid scheme. 

Bread deal should boost Premier Foods

Premier Foods should gain ground from any deal involving its bread business, according to Investec analyst Nicola Mallard.

Tequila slammer! Jose Cuervo nets Russian Standard distribution deal

Mexico's Casa Cuervo has signed a deal with Russian Standard to distribute and market its Jose Cuervo tequila portfolio in Russia where demand for the spirit is soaring.

News in brief

Nestlé is selling its 10% stake in Swiss flavors and fragrances giant Givaudan

Nestlé is selling its 10% stake in Swiss flavors and fragrances giant Givaudan, the firm announced Friday.

Premier Foods ‘may be forced into Hovis joint venture’

Premier Foods may have to settle for a joint venture (jv) partner for its troubled Hovis bread business if it fails to secure an outright buyer, as it tries to...

The European food industry: Health claims, recession and global competition

We gave the European food industry a check-up at this year’s Food Ingredients Europe (FiE), talking with some of the industry's top ingredients players about EU health claims, economic recovery and how to...

AG Barr results impress City analyst

Soft drinks manufacturer AG Barr’s third-quarter results have impressed City analysts N+1 Singer Equity Research and Investec.

From AG Barr to Britvic: Meet the rising stars of UK soft drinks…

 The British Soft Drinks Association (BSDA) provides grants to support students taking science and technology courses and funds apprenticeships – here we profile four young UK high fliers!

Barry Callebaut: Just paying more for cocoa wouldn’t work

Simply paying African cocoa growers more will not incentivize them to move away from the encroaching, more lucrative industries of palm and rubber, says Barry Callebaut.

Europe Snacks changes hands

France’s leading private label snack maker Europe Snacks has been sold by private equity firm IK Investment Partners to another private equity company Apax Partners.

FiE video: Almond Board of California talks global supply and demand

The Almond Board of California talks pollination, global supply and Chinese demand at this year’s FiE event in Frankfurt.

Mondelez pumps $100m into new Czech biscuit factory

Mondelez International will invest $100m in a new Oreo and belVita biscuit factory in the Czech Republic that will supply Europe.

Carlsberg Grins and Russian Bears It: ‘We probably misjudged kiosk closure impact’

Carlsberg says the Russian beer market is ‘difficult’ and admits it misjudged the impact of kiosk closures and the blow this dealt its Baltika 7 brand in particular.

News in brief

PepsiCo to invest $5.5bn in India by 2020: ‘We've only scratched the surface of the long-term growth opportunities’

PepsiCo has announced plans to invest Rs. 33,000 crores ($5.5 billion) in India by 2020 to strengthen its agricultural footprint, manufacturing capacity, R&D capability and distribution network.

Europe needs specific policies to spur food industry growth: Trade associations

FoodDrinkEurope has called on the European Commission to recognise the importance of the food manufacturing industry to the EU economy, and to develop specific policies to encourage its growth, in...

Kellogg's "difficult" cut-backs

Project K: Kellogg chomps 7% of global workforce

Kellogg Company will axe 7% - 2000+ staff - of its workforce by the end of 2017 as part of a four year efficiency program designed to drive growth.

News in brief

Roshen rubbishes Orkla takeover rumors

Ukrainian chocolate maker Roshen has denied reports that it is set to sell the company to Norwegian group Orkla.

INFOGRAPHIC

Sluggish French confectionery sales expected up until 2017: Analyst

Slow growth in French confectionery runs deeper than the economic crisis since consumers are simply more health-conscious than their European cousins, according to market research.

ANALYST: 'BOTTOM LINE - CCE DELIVERED AGAINST A DIFFICULT BACKDROP'

Coca-Cola Enterprises shrugs off Pepsi GB surge and Suntory arrival

Coca-Cola Enterprises (CCE) insists analysts take a ‘mid-term perspective’ after Pepsi took volume and value share from Coke in Great Britain in Q3 2013 and says it is too soon...

Chr Hansen CEO on ‘solid’ 2013 profit: ‘We are very proud of our European performance’

Chr Hansen CEO Cees de Jong today praised the Danish enzymes, cultures and colours specialist’s 2012-2013 performance that saw revenues grow 6% to €738m for the year, and highlighted 5%...

EU-Canada free trade agreement ‘unacceptable’

The signing of a trade agreement establishing tariff-free European access to the Canadian dairy market has been welcomed by the European Dairy Association but roundly condemned by Canadian dairy stakeholders,...