Pecan Deluxe Candy has invested in new equipment for its plant in the UK that will enable it to make chocolate shapes like pigs and monkeys, and expand its fair-trade chocolate range.
Swiss firm Nestle ranks second in terms of innovation targeted at Asia's emerging markets, claims a fresh 'business vitality' index from the Global Intelligence Alliance Group (GIA).
Meeting growing demand for premium chocolate packed in carton, Netherland's Lareka launches a new double stage tablet packer with a price tag in reach of small and medium-sized businesses.
The functional foods industry in France is booming, according to a
report from Invest In France that claims the sector attracted 7 per
cent of all new foreign investment projects in the country between
2002 and 2007.
Rising food prices are not a short-term problem so food
manufacturers must adapt accordingly, making wise strategic
choices, strengthening innovation and streamlining operations, says
a new report.
This week, Campari reportedly mulls expanding its global spirits
operations, Baltika pledges to step up exports to
Spain, and Ball Packaging adopts an innovative new printing
system for its beverage cans.
Hershey said yesterday that third quarter margins fell a massive 13
percentage points from the same period in 2006, as a result of
tough competition in the premium chocolate market and rising milk
costs.
Cadbury Schweppes today reported an operating profit decline
of 6 per cent to £180m in the first-half of the year,
particularly due to high input costs and restructuring costs.
Sweden-based Tetra Pak will invest €32.6m in two new centres in
Lund to develop new processing and packaging equipment for food and
drink manufacturers.
UK-based confectionery firm Glisten has doubled its turnover from
2004, and has signaled its intention to expand further through
strategic acquisitions.
Danish ingredients group Chr Hansen, shortly to be sold to private
equity firm PAI, posts a small rise in revenue and a decent boost
in pre-tax profit for the nine months to May, reports Lindsey
Partos.
Dutch bakery ingredients firm CSM continues to focus on core
business, clearing the sale of its sugar confectionery unit Malaco
Leaf to investment companies Nordic Capital and CVC Capital
Partners.
As food ingredients suppliers take a stake in the burgeoning
Chinese market new figures released by the United Nations confirm
foreign direct investment (FDI) inflows to Asia and the Pacific
rose by a massive 55 per cent in 2004 on...
Management at the Royal Schouten group, parent of soy ingredients
business Acatris, has increased its share in the company under a
new shareholder structure designed to allow it to move more easily
on strategic developments, such...
Nestlé Romania has confirmed that it is to invest a further €3.5
million in its factory in Timisoara, as the company reaffirms its
ambitions to dominate the all-important wafer market in the region.
US-based Andover Controls has formed a partnership with UK-based
HVAC specialist AEC to offer plant managers greater potential for
energy saving. There is growing awareness that food processors need
to manage their energy consumption...
Masterfoods Romania, part of the US manufacturer Mars, has
announced that it is expecting its sales turnover to exceed €20
million in 2004, encouraging the company to invest further in the
country.
Having recently announced a large-scale withdrawal from the
Hungarian market, Kraft Foods has reaffirmed its commitment to the
Romanian market, by confirming a series of future investments in
its division there.
Investment fund Russia Partners II has acquired the Moscow-based
Ice-Fili ice cream producer and confectionery group Zvezdny,
according to a report in the Vedomosti newspaper.
After getting off to a slow start at the beginning of the year,
Romanian confectionery manufacturer Heidi Chocolats Suisse has said
it is now estimating a 15 per cent increase in sales this year.
