• 16 January 2012

    Lindt & Sprüngli reports 3% decline in annual sales

    Swiss chocolate and confectionery company Chocoladefabriken Lindt & Sprüngli reported that its annual consolidated sales fell 3% to CHF2.49bn ($2.61m) for the year 2011, compared to CHF2.58bn ($2.70m) in 2010,...

  • 16 January 2012

    Nestlé to consolidate UK coffee operations

    Swiss food giant Nestlé plans to restructure its coffee manufacturing operations in the UK, with the closure of its Hayes facility and a production shift to its Tutbury plant, where...

  • 15 January 2012

    Müller to acquire Robert Wiseman Dairies

    Robert Wiseman Dairies, the UK's leading milk supplier, has agreed to an all cash buy-out offer of £279.5m ($427m) from Müller Dairy UK, which is owned by German-based company Theo...

  • 11 January 2012

    Barry Callebaut to acquire Spanish nut company

    Swiss manufacturer of high-quality cocoa and chocolate products Barry Callebaut has signed an agreement to acquire privately owned Spanish nut company La Morella Nuts for an undisclosed amount.

  • 11 January 2012

    PAI to offload remaining stake in Chr Hansen

    French private equity firm PAI Partners has agreed to sell its remaining 25.66% stake in Danish food ingredients company Chr Hansen to Novo for €560m ($715.56m).

  • 10 January 2012

    Cargill reports 88% drop in Q2 earnings

    US agribusiness company Cargill has suffered its worst quarter since 2001, posting a slump of 88% to $100m in Q2 2011 net earnings, compared with $832m year-on-year, due to volatility...

  • 10 January 2012

    Cress seed gum could thicken food, study reveals

    Gum derived from garden cress seed could replace hydrocolloid as a thickener in food formulations, according to a new study conducted by Food Hydrocolloids Research Centre at the Ferdowsi University...

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