http://www.foodinternational.net Elsevier Food International articles on CPG en-gb http://www.foodinternational.net http://www.foodinternational.net/images/logo_rss.gif 34 144 Food International: Tomorrow's food industrie in perspective http://www.foodinternational.net/articles/cpg/1440/coca-cola-acquires-sabmillers-water-business.html The Coca-Cola Company and bottler Coca-Cola Femsa have reached an agreement to purchase the Agua Brisa brand of bottled water and production facilities in Colombia from SABMiller's subsidiary Bavaria SA for US$92 million in cash. Wed, 20 Aug 2008 06:59:00 GMT http://www.foodinternational.net/articles/cpg/1440/coca-cola-acquires-sabmillers-water-business.html http://www.foodinternational.net/articles/cpg/1436/heinz-acquires-benedicta.html Heinz, which manufactures and markets primarily ketchup and condiments, among other food items, has acquired the France-based Bénédicta, manufacturer of tabletop sauces, mayonnaises and salad dressings. Bénédicta, generates approximately €60.3 million in sales. Fri, 15 Aug 2008 05:41:00 GMT http://www.foodinternational.net/articles/cpg/1436/heinz-acquires-benedicta.html http://www.foodinternational.net/articles/cpg/1430/kraft-sells-nordic-baltic-division-in-further-divestment-.html Kraft Foods has signed a deal to sell the Estrella, Maarud and Taffel Chips brands to Fepco 1 AS, a Norwegian subsidy of Herkules Private Equity Fund. The sale of its Nordic and Baltic salted snack business comes on the heels of the sale of its Post cereals business to Ralcorp Holdings. Wed, 13 Aug 2008 07:27:00 GMT http://www.foodinternational.net/articles/cpg/1430/kraft-sells-nordic-baltic-division-in-further-divestment-.html http://www.foodinternational.net/articles/cpg/1424/danone-appeal-rejected-in-china-.html A Chinese court has sided with the Hangzhou Wahaha Group against France's Groupe Danone SA in a legal battle over ownership of the "Wahaha" trademark, China's best-known soft-drink brand. The dispute between the two firms emerged when Danone publicly accused Wahaha of setting up parallel businesses outside their joint ventures... Wed, 06 Aug 2008 07:21:00 GMT http://www.foodinternational.net/articles/cpg/1424/danone-appeal-rejected-in-china-.html http://www.foodinternational.net/articles/cpg/1422/unilever-shares-fall-along-with-profits-.html Netherlands-based consumer goods giant Unilever posted a 5% fall in second-quarter operating profit to €1.37billion and a 1% dip in sales to €10.37 billion, resulting in the company's shares falling by more than 7%, despite the company maintaining its full-year projections. Mon, 04 Aug 2008 16:50:00 GMT http://www.foodinternational.net/articles/cpg/1422/unilever-shares-fall-along-with-profits-.html http://www.foodinternational.net/articles/cpg/1413/coca-cola-to-raise-prices-after-q2-loss.html Coca-Cola Enterprises has reported a net loss of US$3.2 billion for the second quarter of 2008. The company has said that due to soaring commodity costs and declining US soda sales, that it would raise product prices by a mid-single digit to high single-digit percentage in early September. Fri, 25 Jul 2008 07:02:00 GMT http://www.foodinternational.net/articles/cpg/1413/coca-cola-to-raise-prices-after-q2-loss.html http://www.foodinternational.net/articles/cpg/1404/beer-giants-to-merge-in-us%2452-billion-deal.html Budweiser brewer, Anheuser-Busch, has agreed to a take-over bid of US$52 billion by its Belgian rival InBev forming the world's largest beer producing company. Mon, 14 Jul 2008 14:42:00 GMT http://www.foodinternational.net/articles/cpg/1404/beer-giants-to-merge-in-us%2452-billion-deal.html http://www.foodinternational.net/articles/cpg/1397/starbucks-to-open-more-supermarket-locations.html Starbucks Corp. has said it will close around 600 underperforming stores in the US, including the 100 stores already slated for closure under the company's restructuring plan announced earlier this year. Tue, 08 Jul 2008 23:12:00 GMT http://www.foodinternational.net/articles/cpg/1397/starbucks-to-open-more-supermarket-locations.html http://www.foodinternational.net/articles/cpg/1341/food-company-jm-smucker-acquires-p%26gs-folgers.html Folgers' 2 to 3% annual sales growth is lower than the annual sales growth of Procter & Gamble. The company had therefore decided to sell its Folgers coffee business for US$95 billion to JM Smucker. Sat, 07 Jun 2008 17:32:00 GMT http://www.foodinternational.net/articles/cpg/1341/food-company-jm-smucker-acquires-p%26gs-folgers.html http://www.foodinternational.net/articles/cpg/1308/croatias-podravka-changes-staff-in-hopes-of-increasing-profits.html Podravka, Croatia's leading food manufacturer, has announced that CEO Darko Marinac will become president of the company's supervisory board. Other management change announcements are expected. Fri, 30 May 2008 08:22:00 GMT http://www.foodinternational.net/articles/cpg/1308/croatias-podravka-changes-staff-in-hopes-of-increasing-profits.html http://www.foodinternational.net/articles/cpg/1281/heineken-to-acquire-leading-belarus-brewery-.html Heineken N.V. is to acquire the Rechitsa brewery, strengthening Heineken's number two position in the fast growing Belarus market giving the company a production share of 24%. In 2007, Rechitsa sold 285,000 hectolitres, equating to a national production share of 8%. Fri, 23 May 2008 11:19:00 GMT http://www.foodinternational.net/articles/cpg/1281/heineken-to-acquire-leading-belarus-brewery-.html http://www.foodinternational.net/articles/cpg/1257/danone-plans-to-drop-yet-another-drink-product.html Danone is likely to axe its V energy drink as result of the product's inability to capture the market of category leader, Red Bull. Less than a year ago, V was revamped and re-launched with the support of €4.2 million. This was the second re-launch of the product. Sun, 18 May 2008 14:59:00 GMT http://www.foodinternational.net/articles/cpg/1257/danone-plans-to-drop-yet-another-drink-product.html http://www.foodinternational.net/articles/cpg/1244/conagra-to-cut-more-jobs-.html In February, US food giant ConAgra eliminated 92 positions globally, primarily in China, South Korea and Singapore, and the UK. The company, whose fiscal year ends this month, has announced an additional 212 jobs will be cut over the next year. Mon, 12 May 2008 12:26:00 GMT http://www.foodinternational.net/articles/cpg/1244/conagra-to-cut-more-jobs-.html http://www.foodinternational.net/articles/cpg/1243/kraft-foods-cuts-portions-to-maintain-sales-.html Kraft Foods intends to cut portion sizes and modify packaging to maintain sales. This decision comes in the wake of reduced consumer spending due to rising prices of oil, and basic food ingredients, combined with falling house prices and difficulty obtaining credit. Thu, 08 May 2008 09:05:00 GMT http://www.foodinternational.net/articles/cpg/1243/kraft-foods-cuts-portions-to-maintain-sales-.html http://www.foodinternational.net/articles/cpg/1232/cadbury-left-in-the-dust-behind-mars.html Candy maker Mars Inc. is buying confectioner Wm. Wrigley Jr. Co. for an estimated US$23 billion in cash. The enlarged company would account for 14.4% of worldwide confectionery sales, surpassing Cadbury with 10.1%. Tue, 06 May 2008 14:44:00 GMT http://www.foodinternational.net/articles/cpg/1232/cadbury-left-in-the-dust-behind-mars.html http://www.foodinternational.net/articles/cpg/1220/unilever-praised-by-prince-charles.html The Prince of Wales commended the Unilever group after it pledged to use only sustainably produced palm oil in its products. Recent protests against Unilever accused the CPG giant of “systematically destroying the rainforests of Indonesia”. Mon, 05 May 2008 12:16:00 GMT http://www.foodinternational.net/articles/cpg/1220/unilever-praised-by-prince-charles.html http://www.foodinternational.net/articles/cpg/1203/p%26g-presents-product-with-less-branding-.html P&G is introducing a more decorative bottle option for its Febreze fabric refresher line. The new packaging has less branding than traditional Febreze products. Eric Huston, Brand Manager of Febreze, the reason for the change is... Mon, 28 Apr 2008 09:58:00 GMT http://www.foodinternational.net/articles/cpg/1203/p%26g-presents-product-with-less-branding-.html http://www.foodinternational.net/articles/cpg/1202/evian-goes-online-.html Evian Natural Spring Water, a brand of Danone Group, has now launched ShopEvian.com. The company said that it intends to further reach its consumer base by making its products accessible through this website. Sat, 26 Apr 2008 23:32:00 GMT http://www.foodinternational.net/articles/cpg/1202/evian-goes-online-.html http://www.foodinternational.net/articles/cpg/1195/monkeys-protest-against-unilever.html Protestors dressed as orangutans staged demos at Unilever’s HQ in London and at another of its sites in the UK to draw attention to the conglomerate’s alleged role in the destruction of the Indonesian rain forest. Thu, 24 Apr 2008 15:51:00 GMT http://www.foodinternational.net/articles/cpg/1195/monkeys-protest-against-unilever.html http://www.foodinternational.net/articles/cpg/1159/nestle-sells-alcon-shares-to-novartis.html Nestlé and Novartis have signed an agreement providing the sale of 24.85% of Alcon's issued capital to Novartis - approximately €7billion in cash. The proceeds of the transaction will be used by Nestlé to reduce debt as the company pursues its on-going share buy-back program. The transaction is still subject to regulatory review and Nestlé expects the process to be completed before autumn of 2008. Mon, 07 Apr 2008 09:47:00 GMT http://www.foodinternational.net/articles/cpg/1159/nestle-sells-alcon-shares-to-novartis.html