Digging below the bottom lines of ingredients suppliers and brand behemoths. From the impact of the ongoing economic slowdown to the latest in merger and acquisition activity.
Frutarom has posted strong double digit growth figures for its second quarter/half year results, driven by acquisitions, organic growth, price increases, falling raw material costs and more favourable purchasing deals....
Krill specialist Aker BioMarine is looking at expanding production after its Q2 results showed operating revenue growth of 23% from NOK87m (€11.91m) in Q2 2011, to NOK107m (€14.65m) in Q2 2012.
Europe and North America were the worst performing regions for Nestlé according to its first half (H1) results, while Asia, Oceania, Africa and emerging markets delivered double digit growth.
Royal DSM paid tribute to its nutrition division which held steady as its sales and profits dipped for the second quarter and first half of the financial year, as recessed...
The CEO of UK start-up Provexis is bullish about the company’s prospects to develop its Fruitflow tomato extract and the Science in Sport (SiS) sports supplement range it acquired a...
AarhusKarlshamn (AAK) has recorded strong second quarter (Q2) results driven by volume growth in its ingredients segment.
Arla Foods has announced a strong set of results for 2011, and the company has told DairyReporter.com that this is due in large part tighter ‘global brand’ focus that is...
Favourable consumer trends for healthy formulations and natural flavours ensured steady growth in the ingredients and flavours segment of Kerry Group.
Swedish probiotics player BioGaia is welcoming a 5-year, €50.8m extension to a licensing deal with Nestlé for use of its Lactobacillus reuteri probiotic strain in infant nutrition products.
Danone and Mead Johnson may make a joint bid for the €8bn infant nutrition-dominated Pfizer nutrition business that is up for sale, according to press reports.
Swedish probiotics supplier Probi has turned in healthy annual figures with sales up 17% to SEK94.4m (€10.67m) in 2011 from SEK80.4 (€9.90m) in 2010.
Dutch firm Newtricious has won undisclosed funding from a local investment consortium that will advance its egg-focused R&D to drive products to shelves in, “two to three years”.
Chr. Hansen’s first quarter results for financial year 2011/12 are a notch stronger than analysts had expected.
€650m Dutch supplier Barentz Europe has built on its ever-expanding European and global presence by acquiring UK life sciences firm, Forum Products Ltd for an undisclosed sum.
Is there appetite for M&A activity in 2012? Food market watchers reckon the sector could see some heavyweight deals next year despite the on-going credit lending challenges.
Israeli soy player Solbar was acquired by the US farmers co-op, CHS last month, an acquisition the company welcomes for more than just financial reasons after some difficult years.
The United States’ biggest farmer-owned cooperative CHS Inc. has signed an agreement to acquire soy protein company Solbar for $133m, sending share prices in the Israeli company soaring.
Irish dairy ingredients and cheese manufacturer Glanbia could be on the look-out for acquisitions again in 2012, according to an analyst based in the country.
Chr. Hansen’s full-year results are in line with expectations, says an analyst, but positives noted were the suppliers’ expectations for its EBIT margin growth and the better performance for its...
The Swedish Competition Authority (Konkurrensverket) has approved Arla’s merger with struggling Swedish dairy processor Milko, which had faced bankruptcy in the event of the deal not going through.
Italian botanical extracts giant Indena has gained an undisclosed shareholding in US supplements manufacturer, Thorne Research, that will see the two working to expand their presence in areas like cancer...
French botanicals supplier has seen profits rise 28% to €9.7m in the first half of 2011 compared to H1 2010, and says its policy of seeking acquisitions remains unchanged.
A modest weakening in dairy prices is expected, forecast Glanbia, as the company posted a profit jump in its half year results.
Israel-based flavours, botanicals and speciality ingredients player Frutarom has reported lower profits in Q2, with raw material hikes cited as the principal cause.
Irish dairy and ingredients group Kerry has turned in a”solid” first half of 2011 that saw it increase volumes, weather raw material price hikes, and see success in a “go-to-market”...