In response to an increasing worldwide demand for pectin, Danish
ingredients company Danisco is to expand its Czech production
capacity by 40 per cent to accommodate an expected growth rate of
5-6 per cent on the world market.
Danish oils and fats company Aarhus United saw third quarter profit
falling by over 50 per cent as reduced margins, lower exchange
rates, a decline in bulk oil sales and heightened competition, ate
into the bottom line.
Danone is on the verge of buying the Chocks & Roll business of
Spain's Chupa Chups, one of its last remaining foreign units.
Evidence that Danone is still determined to pursue its expansion in
Russia despite failing to buy...
Several more potential bidders have emerged for UK-based chocolate
manufacturer and retailer Thorntons, which earlier this month
confirmed that it had begun discussions with a financial investor.
But the company will hope for a swift...
Tough economic conditions have taken their toll on Scandinavian
confectionery group Cloetta Fazer. A contraction in the Swedish
market has resulted in a drop in profit for the third quarter of
2003, which the company has attributed...