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Headlines > February 2002

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28-Feb-2002

Record margins for Nestlé

Despite the negative impact of a strong Swiss franc Swiss food group Nestle this week reported a net profit increase of 15.9 per cent to...

Cargill muscles in on trehalose market

The health food ingredients division of US agri-food giant Cargill is set to launch a new sugar ingredient onto the market, trehalose. Cargill Health and...

Danone to focus on core businesses

Danone, the French foods group, said on Wednesday that it had agreed to sell its Italian cheese and ham unit, Galbani, to BC Partners, a...

26-Feb-2002

Nestlé acquires German ice cream maker Schoeller

The European Commission has approved plans by Swiss food and drink manufacturer Nestle to purchase German company Schoeller, a producer of ice cream and frozen...

25-Feb-2002

Quaker and Novartis call halt to food venture

Quaker Oats and Swiss healthcare giant Novartis have confirmed that their functional foods joint venture has been quietly pulled from operations, according to a report...

22-Feb-2002

Cadbury Schweppes buys 51 per cent interest in confectionery company Kent

Cadbury Schweppes announced that it has agreed to acquire a 51 per cent equity interest in Kent, the leading sugar confectionery manufacturer in Turkey, in...

21-Feb-2002

Saint Louis Sucre to buy three Beghin-Say plants

France's second-largest sugar maker, Saint Louis Sucre, wants to buy three plants belonging to rival Beghin-Say, reports Reuters. French magazine, La France agricole, said Saint...

18-Feb-2002

Confectionery manufacturer: new products to boost growth

Australian confectionery manufacturer Snack Foods announced this week that it is to release new products in coming months, including a range of biscuits called Cookies...

15-Feb-2002

Scottish & Newcastle ratings downgraded following bid for Hartwall

UK brewer and pub retailer Scottish & Newcastle (S&N) has received downgrades from international rating agency Fitch Ratings to both its Senior Unsecured debt and...

Unilever: success for ProActiv functional food brand

Anglo-Dutch food company Unilever this week reported faster growth in the leading brands, strong expansion of operating margin and strong progress for the fourth quarter...

14-Feb-2002

Confectionery pins hopes on romance

Confectionery companies in the US are hoping that today, the day of romance, could help lift lagging sales. According to a survey by the National...

A slice of white chocolate: confectionery competes in UK

The fight for a share in the UK white chocolate market continues. Nestle is close behind Cadbury with its Kit Kat Chunky White, due out...

13-Feb-2002

Wines and spirits cheer Pernod results

French spirits group Pernod Ricard reported a 3.9 per cent rise in full-year turnover after a slower fourth quarter and sell-offs in its non-core fruit...

UK confectionery giant reports strong 2001 results

UK drinks and confectionery group Cadbury Schweppes this week announced a strong financial performance for 2001.Sales rose 21 per cent to reach £5,519m (€9.02m), up...

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