Unilever announced late yesterday (10 July) that it has sold its Slim-Fast diet foods business as it trims the fat from its food portfolio....
A new president and a revised investor law for Egypt appears to be restoring business confidence. Last month three food and beverage giants...
Cynics will scoff a company the size of Nestle can easily afford to become a "Living Wage" employer in the UK. And perhaps there would be an...
Among all the sustainability issues food companies are addressing, agricultural supply chains are month by month becoming an ever more predo...
In a story that grabbed the headlines worldwide, 21 companies and 33 individuals in Germany have been hit with fines totalling EUR338m for allegedly fixing the price of one of the country's staples - sausages. Companies including Nestle, Bell Group and Zur Muhlen Gruppe, Germany's largest sausage maker, were handed fines. Some will appeal, including Bell Group, the Switzerland-based meat products group. Bell CFO Martin Gysin told Dean Best why the company believes it should not be penalised.
Vietnam is an up-and-coming emerging market that is gaining increasing attention as international companies seek out fresh avenues of growth. Nestle first established an office in the country in 1912. In the 1990s the company took its presence in Vietnam to the next level with the establishment of a local subsidiary. Today, the firm is focused on accelerating growth in the market. Katy Askew spoke to Rashid Aleem Qureshi, MD of Nestle Vietnam, to find out more about the group's plans in the country.
For the first time since 1998, upmarket chocolate maker Lindt & Sprungli this week made an acquisition, snapping up US firm Russell Stover Candies - and we analysed the deal. Our interviews pages included hearing from the boss of Birds Eye UK about its plans to change consumer perception of frozen food, while we launched Bitesite, an interview section focused on SMEs in the sector.
This week, Lindt & Sprungli announced it was stepping up its presence in the US with the acquisition of Russell Stover Candies. Hain Celestial bought the remaining share of the Hain Pure Protein joint venture and Grupo Bimbo revealed its plan to grow its presence in Ecuador with the acquisition of Supan. Elsewhere Mondelez announced it was splitting its cheese and grocery unit from the rest of the business. Here is the week in quotes.
Nestle, Swiss company Bell Group and Germany's largest sausage processor Zur Mühlen Gruppe are to appeal fines handed down over an alleged meat products cartel in the country.
Twenty-one sausage manufacturers in Germany have been hit with fines worth a total of EUR338m for fixing prices.
This week, Treehouse Foods announced a deal to buy US private-label peer Flagstone Foods. In other M&A news in the US, Tyson Foods and Hillshire Brands finalised an agreement over a takeover of the Jimmy Dean meats manufacturer. Chinese firm Huaxia Dairy and ethnic foods supplier Shazans both announced expansion following investments in the companies. Elsewhere, Burton's Biscuit Co. was in hot water with union officials after announcing 64 jobs were to go at its Edinburgh site.
Nestle has teamed up with the Sanriku Railway to enable train travellers to use Kit Kat wrappers as tickets.
This morning (12 May) we ran an in-depth look at the impact policy decisions in Venezuela are having on the food industry in the country.
- On the move: What's in store from Tesco's new CEO?
- On the money: Steady as she goes at Cloetta
- Focus: Lindt plays safe with Russell Stover buy
- The bitesize interview - The Kids Food Co.
- Interview: Bell hits out at German cartel ruling
- Campbell issues warning on 2014/15 fiscal year
- UPDATE: Premier establishes international unit
- Premier launches Oxo pots range in UK
- Universal Robina to buy biscuit firm Griffin's
- Genius secures listings in French supermarkets