News

Sainsbury’s has announced that it has acquired SL Shaw Ltd, a long established neighbourhood convenience store operator with five stores in the south east of England. For the financial year ... SG

German food retailer Edeka has announced today (Thursday) that it has formed a European co-operation deal and taken over the discounter Netto Süd and Spar Handels AG. As well as ... SG

Danisco announces management changes to increase focus on the upcoming integration of Genencor and to secure a smooth management succession in the Danisco Flavours, Danisco Cultures and Danisco Specialities divisions.
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Tesco has announced a new food labelling system which will make it easier than ever for customers to make healthier choices as they shop.
With nutritional ‘signposts’ Tesco will clearly ... SG

Kraft Foods Inc. has announced rises in revenues and net earnings for the first quarter ended 31 March 2005. Net revenues in the first quarter were $8.059bn, compared with $7.565bn ... SG

Cargill has announced ist intention to purchase an industrial chocolate facility – Schierstedter Schokoladefabrik GmbH & Co. KG (SSF) – from ist existing customer. Ludwig Schokolade GmbH & Co. KG. ... SG

Mosaic Nutraceuticals has announced the launch of their Premium Noni Chews. Noni has quickly become a worldwide natural health phenomenon (with sales estimated to exceed $1.7 billion annually). Mosaic Nutraceutical ... SG

Despite a rise in sales volumes, Swiss chocolate ingredients supplier Barry Callebaut reports a dip in sales revenue as lower prices for cocoa beans shave away gains, but overall the ... SG

According to a report in Businessweek, investors in Tootsie Roll Industries, disappointed with flat sales and declining stock value, have expressed interest in a buyout from other major confection companies. ... SG

The South Korea-based Lotte Confectionery Company, which already has an estimated 14% stake in the world’s chewing gum market, has acquired a 100% stake in the Chinese confectionery Jinhu Shipin ... SG

Hershey Foods Corporation announced that Michele Buck has been named Senior Vice President of the Corporation and President of its recently formed U.S. Snacks Group. In this position, Buck will ... SG

Ahold has announced that it has finalized the sale of its 13th and last large Hypernova hypermarket in Poland to Real sp. z o.o. i Spolka s.k.
Finalizing the transaction ... SG

Safeway Inc. has officially unveiled a new brand re-positioning that highlights the uniquely superior quality of the perishables and proprietary brands it offers in its stores, its new store concept, ... SG

Nestlé USA plans to shut three US candy plants in St. Louis by mid-2006. Nestlé has bought the St. Louis-based candy company Sunmark Co. and the popular brands Swee-TARTS, Tangy ... SG

Colombia s largest food company Inversiones Nacional de Chocolates announced
plans to merge with its unit Inveralimenticias Noel, creating a food giant
in Latin America with assets of 2.8 trln ... SG