cream
Kraft completes acquisition of Danone’s Biscuit Business
Kraft Foods completes the multi billion acquisition of Groupe Danone’s biscuit business. The addition of Danone’s leading biscuit business will transform Kraft’s growth strategy by strengthening its lead in the company’s fastest growing global segment, and plans to significantly expand its presence in both developed and emerging markets. Sanjay Kholsa, president of Kraft International comments,“In […]
Mr Bagels launches Hi Energy Bars
Bagel producer Mr Bagels has launched a range of health conscious bagels – low in fat and high in fibre. Hi Energy Bagel Bars are available in two flavours, Bran and Seed and Bran, Cranberry and Pumpkin Seed. The latter contains less than 3g fat each. The bars can be enjoyed straight from the pack, […]
Potatoes set to go upmarket
Branston Ltd, the UK’s leading supplier of quality fresh potatoes, has launched The Real Potato Co, an innovative direct to consumer brand set to shake up the UK potato category with its range of new varieties. The Real Potato Co will initially launch within 250 Tesco stores around the country with two exclusive varieties of […]
Supreme award for Speyside organic whisky
The first bottled single malt to be fully certified by The Soil Association has won the supreme title in the 2007 Scottish Food and Drink Excellence Awards. The awards, now in their sixth year, are organised jointly by the Royal Highland and Agricultural Society of Scotland and Scottish Food and Drink in association with Scottish […]
Nestle records strong growth
The Nestle Group reports strong organic growth of 7.4% with a positive contribution from all regions and businesses due to higher demand ahead of expected price increases. Food and beverage confirms momentum with 7.1% organic growth, fuelled by move towards nutrition, health and wellness. Nestle Nutrition on a like for like basis reached its 10% […]
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, […]
Tea flavoured chocolate
Jasmine tea is said to be one of the first new flavours to be developed by a top chef for Nestle’s Cailler brand of chocolate bars. Nestle has asked Michelin-starred chef Ferran Adria of top Spanish restaurant El Bulli to develop new flavours for the chocolate. El Bulli is known for its unusual use of […]
Firms face challenge from health food fads
The current consumer enthusiasm for healthier eating is creating a challenge for food companies. According to a new report from JPMorgan, firms are unsure whether to continue with high margin products that are not deemed so healthy as the narrow margin wellness foods. A research report entitled Obesity: Re-shaping the food industry, says that profitability […]
Pecan Deluxe ups production
Yorkshire-based Pecan Deluxe Candy is completing a major investment programme in new facilities that will provide more streamlined production. The latest investment will provide a self-contained nut production zone, a fifth nut production line, an increased capacity bakery operation, and a large storage area for finished products. Nut production is now segregated from other areas […]
Ice cream plant
Fredericks Dairies is investing £10 (£14.7) million in a new plant in Lancashire to increase brand and private label ice cream tubs. The new site is said to have Europe’s largest and most automated production line, capable of producing over 16,000 tubs every hour. This follows an announcement that Fredericks is the UK’s No. 2 […]
Nestle outlook is bright
Nestle has announced sales of CHF67.7 billion for the food and beverage group worldwide during the first nine months of 2005. The 5.6% organic growth across food and beverage was due to the successful extension of distribution beyond the traditional supermarket grocery channel. Peter Bra-beck-Letmathe, chairman and CEO of Nestle said,“The acceleration in our core […]
Laughing gas chocolate bubbles with joy
Chocolate made with laughing gas is more enjoyable, according to a study published in Chemistry & Industry magazine. Also known as nitrous oxide, laughing gas apparently produces a more intense flavour when used to put bubbles in chocolate. Researchers at the University of Reading tested a chocolate selection made with four different gases – nitrous […]
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 […]
Global growth for Kerry Group
Sales revenue has risen to £2,117 million according to Kerry Foods’ latest half yearly statement despite surging energy costs. The report, which showed an increase of 8.3%, also reveals a 6.2% rise in trading profit to £160 million. Kerry Group chief executive, Hugh Friel, said,“In a highly competitive trading environment, the group performed well in […]