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EU food platform pumps funding into R&D for food industry

Food makers and ingredients firms will benefit from a new European platform that will prioritise research and development initiatives to keep the €800 billion food and drink industry competitive,reports Lindsey...

Constellation and Pernod march on

Constellation is planning to launch newly acquired Robert Mondavi wines across Europe after it helps sales soar in the US, and Pernod Ricard finally has Allied Domecq in its sights,...

Failing Australian wineries face ruin, study says

Militant French vintners may be grabbing the headlines, yet new research claims small-to-medium wineries in Australia are also on the track to financial ruin, as the big boys march calmly...

EU: Pernod must sell whiskies for Allied deal

The European Commission has approved Pernod Ricard's bid for Allied Domecq, but will force the firm to dump extra whiskey brands and distribution agreements before a deal goes through, reports...

EU curbs Coca-Cola market dominance

Coca-Cola can no longer negotiate exclusive supply deals for its fizzy soft drinks in the EU and must open its coolers to rival brands as the European Commission tries to...

EU sugar quotas costing jobs

Proposals to slash EU sugar prices make sense, but jobs will continue to go in UK food and drink firms unless bolder moves to abolish quota systems are introduced, says...

Witmark predicts strong juice sales in 2005

Juice maker Witmark-Ukraine has announced it expects to increase sales by 50 per cent in 2005 as consumer demand for juice in the CIS continues to soar, yet rivals are...

Constellation drop-out gives Pernod pole position

The consortium led by Constellation Brands has pulled out of the race to buy Allied Domecq leaving Pernod Ricard as the only bidder in the build up to next week's...

Yakult, Kirin strengthen partnership to grow functional food sales

Japanese probiotics leader Yakult and the Kirin brewing and beverage group have agreed to jointly develop new functional foods for the domestic market and share manufacturing and distribution resources to...

Coffee prices to stay under pressure as world supplies fall

Expectations of a fall in global coffee supplies of coffee will keep up pressure on market prices, as fresh figures indicate world coffee production will drop in 2005/06.

Global apple juice rises as China ramps up supplies

Prices for apple juice should remain steady as world apple juice production hits record figures for the second year on growing Chinese production.

Carlsberg plots East Asia rewards

Carlsberg is close to signing a new joint venture deal in China, says the country's official news agency, as the major brewers take up position on their East Asian nest...

French militants attack foreign wine supply

Masked militants decimated a wine distillery in southern France only hours after thousands of vintners protested through the streets of Nimes over the intense pressure on the French wine industry,...

Round-up: Foster's reels in Southcorp

Foster's has Aussie firm Southcorp in the palm of its hand after increasing its stake in the wine company to more than 90 per cent, reports Chris Mercer.

Coca-Cola hit by strike at bottling and distributing plants

Teamsters unions at seven Coca-Cola bottling anddistribution facilities in Connecticut and the Los Angeles area in US plan to continue their strike today over wages and health care benefits, reports...

W&DB rises as UK beer hits tough times

Acquisitions have helped Wolverhampton and Dudley Breweries to a solid sales rise in the UK, the country recently named as one of the world's toughest beer markets by Goldman Sachs,...

Miller Lite outshines US beer gloom

SABMiller, buoyed by strong results in South Africa and Eastern Europe, said a solid performance from Miller Lite also helped it to hold off the black clouds hovering over America's...

R&D spending to stagnate in Europe?

The first ever survey of research and development (R&D) personnel across all industrial sectors in Europe reveals most participants predict there will be little change in their companies' R&D investment...

Round-up: Foster's captures Southcorp for 'brand Australia'

Foster's looks set to finally swallow fellow Aussie wine firm Southcorp after taking a 50.9 per cent voting majority. Elsewhere, the Constellation consortium appears to be struggling to get the...

Carlsberg hit by shrinking Western beer market

Falling beer markets across Western Europe have claimed Carlsberg as their latest victim, handing the Danish brewer heavy losses in its first quarter despite strong performances in Russia and Asia,...

Drinking ban threatens Russian beer growth

Two of the world's biggest brewers have announced plans to expand in Russia, yet competition will intensify as an outdoor drinking ban and slow economic progress threaten the market's blistering...

Pepsi invades Europe's juice sector

PespiCo has thrust further into Europe's strongly emerging juice market through German firm Punica as the scramble to get ahead in healthy soft drinks sector intensifies, reports Chris Mercer.

Private equity firm snaps up Selig Sealing Products

US private equity investment firm Behrman Capital, has acquired Selig Sealing Products, its second speciality packaging acquisition in six months.

Domecq update: Shares fly as bid battle awaits

Allied Domecq's share price soared to 693p after talks with Constellation Brands fuelled speculation of a bidding war with Pernod Ricard, reports Chris Mercer.

France to chop vineyards for EU crisis distillation

An EU Commission committee has promised extra money to help French wine makers distil more than a million hectolitres of quality wine into undrinkable industrial alcohol after the French government...