north america

 

Carbery reports strong results

Global food ingredients manufacturer Carbery Group reports a 22% rise in turnover in 2010, with revenues of £197 million (€224.3m). The group says it benefited from stronger consumer demand for nutritional-based food and beverages in key overseas markets, continued recovery of global dairy prices in 2010 and successful positioning in new regions. “Carbery Group’s performance […]

Kraft sells pizza business to help fund Cadbury bid

Kraft is selling its North American pizza business to Nestle for $3.7 billion (£2.6bn) to help fund its offer for British confectioner Cadbury. Kraft’s pizza business includes DiGiorno, Tombstone and Jack’s in the United States and the Delissio brand in Canada. The deal also includes rights to the California Pizza Kitchen trademark licence.

Global energy drink sales almost double

Global energy drink volumes increased by two per cent in 2008 to 3.9 billion litres – almost double the two billion litres sold in 2003, according to the latest report from food and drink consultancy Zenith International. Average growth over the past five years has been 14 per cent a year. “Energy drinks remain a […]

Croda and Speirs join forces

Croda Europe Limited has signed an exclusive supply agreement with Speirs Nutritionals Limited to market omega 3 emulsions to food product manufacturers in the United Kingdom, Europe and North America. Under the agreement, the New Zealand company will micro-encapsulate Croda’s fish oil concentrates into omega 3 emulsions for incorporation in a wide range of solid […]

Nestle announces record year

2006 was a record year for Swiss giant Nestle and saw the company achieve double-digit increases in EBIT, net profit and cash flow. Net profit rose by 13.8% to 9.2 billion Swiss francs (£5.6bn).“We are seeing the benefits of the Group’s transformation into a nutrition, health and wellness company, with stronger innovation and branding, as […]

Chocolate firm establishes health centre

A North American chocolate company has revealed results of ongoing studies at Yale University, linking the consumption of hot cocoa to improved cardiovascular function. The statement also coincides with the company’s announcement of the establishment of the Hershey Center for Health and Nutrition. The Hershey Company plan is to direct scientific research to develop products […]

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LFI opens US office

Leatherhead Food International (LFI) is opening a new office in New York City. The food research firm’s services will be provided in partnership with Food from Britain North America (FFBNA). Steve Dawson, FFBNA’s managing director, will be the main contact for US members. John Bevington, CEO at Leatherhead, comments,“North America is one of LFI’s fastest […]

Bowl cans boost business

Crown Food Europe has extended its range of bowl-shaped cans for the single-serve food market in Europe and North America. The distinctive bowl shape is designed to improve consumer convenience and boost visual appeal.“Bowl-shaped cans are a great way for food companies to introduce convenience, as well as durability, to single-serve products, comments Laetitia Durafour, […]

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Soda hybrid launched by Coca-Cola

Vault, the new hybrid energy soda launched by Coca-Cola North America, is said to be neither a soft drink nor an energy drink. Rather, it’s a unique energy soda that delivers attributes from both categories. It features a bold citrus taste with less carbonation than most sodas, and the high-octane refreshment of an energy drink. […]

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Brits urged to shed island mentality

Britain’s ‘UK-centric’ food manufacturers are being urged to widen their outlook to overseas markets as a means for growth in 2006. This call comes at a time when the UK food and drink export market is experiencing strong growth to both established and emerging markets, up 3.1% to £4.65 billion (£6.89bn) in January to June […]

Tough trading but Nestle nurtures newcomers

This year’s trading has proven a challenge for Nestle, although its first half report for 2005 showed strong organic growth of 5.2%. Meanwhile, sales in Swiss francs increased 2.4 per cent despite negative impacts of currencies of -1.8 and divestitures of -1.0%. Consolidated sales grew to CHF 43,474 million, an increase of 2.4% over the […]

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