Dairy Crest Reduces stake in Wexford Creamery
Dairy Crest has reduced its stake in its Irish dairy joint venture, Wexford Creamery, from 80% to 30%. Wexford Milk Producers, Dairy Crest’s partner in Wexford Creamery, has increased its stake from...
View ArticleAryzta Makes Strategic Acquisitions Worth $1.08b
Switzerland-based speciality bakery group Aryzta has made two strategic acquisitions to significantly strengthen its position in Europe, North America and in other international markets. Aryzta has...
View ArticleEmmi Strengthens Position in Swiss Cheese
Emmi has consolidated its position within the Swiss cheese market following approval of its proposed acquisition of Fromalp by the competition authority. Fromalp, which specialises in the manufacture...
View ArticleAustrian Dairy Merger
Austria’s largest and fourth biggest dairy groups, Berglandmilch and Tirol Milch respectively, are planning to merge. The deal is subject to agreement by the two companies’ 16,000 dairy farmer members...
View ArticleVandemoortele to Extend Margarines and Fats Business
Belgium-based Vandemoortele Group, which specialises in the production of frozen bakery products and margarines and fats, is acquiring the margarine and frying fats activities of Dutch company Van Dijk...
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Nestle Chief Backs Move for Harsher Climate Change Targets
Paul Bulcke, chief executive of Nestle, supports the move to drive the European Union to toughen greenhouse gas emissions reduction targets. In a signed letter together with 26 business leaders from...
View ArticleAB InBev Loses EU Trade Mark Decision
The European Court of Justice, the top court in the European Union, has upheld earlier rulings by the European trade mark office and the European Court of First Instance which deny Anheuser-Busch InBev...
View ArticleNew Wine Trade Agreement Between EU and Australia
A new agreement governing the Eur700 million wine trade between Australia and the European Union comes into force today (1st September 2010). Replacing an earlier one signed in 1994, the new agreement...
View ArticleEckes-Granini Continues International Expansion
German beverages producer Eckes-Granini Group is planning a fruit juices joint venture with Turkish firm Yildiz Holding. Eckes-Granini is one of the leading fruit juice producers in Europe and...
View ArticleNew Regulation For the Sustainable Management of Baltic Salmon
The European Commission has proposed a new regulation establishing a multiannual plan for the sustainable management of Baltic salmon. Scientific advice indicates that stocks in some of the...
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