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Prospective buyers tight-lipped over Alpro sale

Food giants Nestle and Unilever are keeping their cards close to their chest over reports that they are both bidding to acquire the soy foods company Alpro.

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Symrise welcomes new board member

Symrise has appointed Bertelsmann CFO Dr Thomas Rabe to its supervisory board, bringing in new financial expertise.

Nestle recession strategy puts public, shareholders centre-stage

Nestle has indicated that the recession need not be all about cutting costs and keeping prices down, unveiling initiatives to tackle longer-term economic and social challenges, and create shareholder- and...

Regional tastes may offer UK brewer lifeline

As the UK beer industry continues to threat over falling consuming spending amidst the economic downturn and increased taxation of alcohol, local cask or real ales could be helping to...

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Cocoa production on Ivory Coast to fall in 2009

Reports last week suggest cocoa production in the Ivory Coast, the world’s largest producer of cocoa, may be one million metric tonnes this year, down from 1.36 million last season.

UK budget bringing further drinks strife - trade group

The UK alcoholic beverage sector says that 75,000 jobs will be endangered by increased taxes on their operations coming into place later this year.

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PepsiCo bids for bottlers in profit push

PepsiCo has tabled a move to purchase two of its largest global bottling companies as part of plans to streamline and strengthen distribution of its products in markets like North...

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Tate & Lyle rumoured to be seeking new chief

Unsubstantiated press reports have claimed Tate & Lyle is seeking a new CEO to replace Iain Ferguson, who has held the top job since May 2003.

SABMiller posts early 2009 lager decline

SABMiller says the economic downturn is beginning to have a noticeable impact on its operations as consumer demand for its lager brands has tailed off from the start of this...

French fruit juice is recession-proof, declares group

Fruit juice is still a dynamic, growing sector in France and is showing no sign of slowdown, according to trade organisation UNIJUS – although data do belie some trading down...

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Network seeks healthy investment for small companies

An organization dedicated to raising capital for small companies in the fields of health, wellness and green, natural and organic nutrition has announced its fourth investors’ meeting, due to...

Pernod drops Wild Turkey for refinance plan

Spirit group Pernod Ricard says it has offloaded its Wild Turkey branded bourbon operations to rival Gruppo Campari as part of a billion dollar strategy to offset debt through refinancing...

Innocent seal Coca-Cola deal for Euro push

Coca-Cola will take a minority stake in UK-based smoothie group Innocent as part of an investment deal to help push the company’s interests in the European market.

Carbonates dipping in US soft drink shift - report

The notion of the traditional soft drink as a carbonated, high-calorie fizzy drink may have had its day in the US, according to new research suggesting consumers are flocking en...

Snow-ed in: Domestic success drives Chinese beer domination

Bud Light may no longer be the world's heavyweight beer brand in terms of sales, with reports suggesting that it has lost ground to the regionally sold, China-based Snow, according...

Ocean Spray unveils cost-conscious cranberry range

Ocean Spray's Ingredient Technology Group has formulated a lower cost sweetened dried cranberry (SDC) product to meet demand for cost-effective and value-added ingredients in the face of rising commodity prices.

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Tata says hello to branded tea plans

India-based Tata Tea says that it is looking to develop a common brand identity for its core flagship beverage products, which include bottled water, as part of a wider shake...

European stevia firm to build Paraguay plant

Granular, a European stevia producer, has entered into a joint partnership to build a refinery for the natural sweetener in South America which it said will be environmentally neutral.

Carlsberg upbeat despite eastern finance fears

Eastern European markets like Russia have been a key driver for brewers’ sales in recent years, though as governments in the West look to help prop up some economies in...

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Coca-Cola fails with Huiyuan ambitions

Coca-Cola has announced that a proposed acquisition of the China-based juice manufacturer Huiyuan will not go ahead following failure to obtain approval from the China Ministry of Commerce (MOC).

Coke pops Innocent offer

Atlanta, Georgia-based Coca-Cola has tabled an offer for a minority stake in stalling UK smoothie maker, Innocent, according to press reports.

PureCircle reaps rewards for Reb A contracts in H1

Reb A producer PureCircle has reported a net profit increase of 75 per cent for the first half of 2009 after securing major contracts with companies including PepsiCo, Whole Earth...

Beauty from within is going mainstream, says Euromonitor

Danone may have pulled the beauty yogurt Essensis from French shelves but a Euromonitor analyst insists that the ‘beauty from within’ trend is still heading mainstream.

Diageo hits back at supplier shame claims

Suppliers of major drinks brands such as Smirnoff and Budweiser have hit back at claims that they are neglecting and, in some cases, endangering small businesses by extending payment times...

Hoodia finds life after Unilever

Phytopharm, the UK start-up Unilever dumped in November after spending more than €20m euros in a failed attempt to develop a hoodia-based weight management product, says it is in discussions...

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