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Headlines > January 2002

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25-Jan-2002

Sales sweeten 4Q Hershey results

Hershey Foods Corp. said on Thursday that fourth-quarter earnings before items rose as higher sales sweetened results for the chocolate giant. The maker of Hershey...

24-Jan-2002

Unilever chairman analyses the path forward for Europe

The chairman of Anglo-Dutch food company Unilever has called on the new European Food Safety Authority (EFSA) to take the lead in the matter of...

16-Jan-2002

Kraft acquires biscuit producer

US food and beverage company Kraft Foods Inc. announced this week that it has acquired Australian biscuit producer, Lanes Food Group. Several Nabisco brands have...

10-Jan-2002

US health juice market set to top $1 billion

The Juice & Smoothie Association (JASA) claims that the US market for health-related juices and smoothies could soon hit the $1 billion mark, according to...

09-Jan-2002

Kraft Foods reshuffles senior management

Kraft Foods Inc., a global leader in branded foods and beverages, today named Frank Meegan, 53, Senior Vice President, Operations for Kraft Foods North America,...

Hershey sees higher restructuring charge

Chocolate giant Hershey Foods Corp. said Tuesday charges for restructuring will be higher than expected, but cost savings will be greater as more employees voluntarily...

08-Jan-2002

Kerry buys two businesses for 50 mln euros

Kerry, the global ingredients, flavours and consumer foods Group, today announced the acquisition of Aromont S.A. headquartered in Montcornet, France and the proposed acquisition of...

Diversa and Givaudan enter into agreement to develop new processes and products

Diversa Corp. and Givaudan Flavors Corporation today announced that they have entered into an agreement to discover and develop novel enzymes and processes for the...

03-Jan-2002

Unilever to cut number of brands to 400 by 2004

Unilever PLC/NV plans to cut the number of its brands to 400 by the end of 2004, said chairman of the Dutch arm Antony Burgmans,...

RFM says it completed Cosmos soft drink sale

Philippine conglomerate RFM Corporation on Thursday completed the sale of soft drink unit Cosmos Bottling Corp to a San Miguel Corp joint venture through a...

02-Jan-2002

ConAgra to concentrate on packaged food segment

ConAgra Foods' recent move to separate financial results of its branded foods from agricultural businesses might be more than a bookkeeping shuffle, and could prepare...

Danone revives local plan, cuts capital outlay

French dairy giant Group Danone is reviving its plans for India.  It has now proposed to convert its proposed 80 per cent subsidiary into a...

Russian dairy company set to milk offering

Russia's leading dairy products and fruit juices company is set to launch an initial public offering on the New York Stock Exchange in the next...

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