Today on FoodAndDrinkEurope.com
 
· Parmalat reaches settlement - supposedly

· Pepsi's mysterious merger attempt unconfirmed

· Arla sells yoghurt top cups division

· Dairy Crest achieving profit goals

· Coca-Cola battles UK unions over pay

 
   
Other top industry news
 
· Corn expectations prompt Tate & Lyle buy

· CSM streamlines US bakery ingredients operation

· Ginseng standard to cover one species?

· Fancy a beer for more than twice the price?

 
 

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Tuesday 24 July 2007

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Parmalat reaches settlement - supposedly
A US federal judge last week approved a $50m partial settlement in a lawsuit over dairy firm Parmalat's bankruptcy, according to Reuters... Read


Pepsi's mysterious merger attempt unconfirmed
Nestle today refused to confirm reports that they had turned down a merger with PepsiCo last spring, a deal that would have created one of the largest and most powerful food and beverage companies in the world... Read


Arla sells yoghurt top cups division
Arla Foods announced yesterday the sale of Crispy Food International, a leading producer of "cereal tops" for dairy breakfast foods, to Koff... Read


Dairy Crest achieving profit goals
The UK dairy firm said yesterday that profit for the year will meet expectations, thanks to strong sales of its brands, cost cutting in operations and price increases... Read


Coca-Cola battles UK unions over pay
Planned 48-hour strikes at two UK distribution centres will not disrupt the supply of its beverages, Coca-Cola Enterprises (CCE) said yesterday... Read


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Other top industry news



Corn expectations prompt Tate & Lyle buy
Tate and Lyle is in a strong position to perform above expectation in the second half of the financial year, says Goldman Sachs, thanks to the positive effect of a large US corn crop for 2008 - and therefore lower... Read


CSM streamlines US bakery ingredients operation
Dutch company CSM will continue to concentrate its manufacturing in the US by transferring the production of a subsidiary to other North America plants... Read


Ginseng standard to cover one species?
A regional standard for ginseng in Asia currently being drawn up by Codex should only cover one species of the herb, the International Alliance of Dietary/Food Supplement Associations (IADSA) has said... Read


Fancy a beer for more than twice the price?
In 2006, the price of beverages was on average two and a half times more in the most expensive EU country than in the cheapest, according to a Eurostat report... Read



Weekly Comment

Could the E-number be up?
European Food Safety Authority's review of additive safety could give the natural ingredients trend an extra push, and possibly prove the death-knell for the ne'er loved E number system. Read



Previous Headlines

Could the E-number be up?

Cadbury Schweppes invests in gum confectionery

Beer sales set to increase, says Heineken

Bakery sales continue to struggle for Northern Foods

Coca-Cola experiences double digit sales

Investment firm continues European milling market expansion

Danone sells Danao in France

Court fines Cadbury 1.5m over salmonella contamination

Unilever consolidates UK operations

Pepsi and others settle benzene lawsuit



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