Spain: Grupo Siro sees sales up 3.6% in 2013
Grupo Siro, a manufacturer of biscuits, pasta, bakery, pastries and cereal products, has posted annual sales of €565 million ($778 million), an increase of 3.6% over the previous year. The company has announced that it is now planning to invest €200 million ($275 million) over the coming years, mainly in R&D, plant improvements, energy efficiency […]
Sweden: Orkla Foods bottle production ‘returns home’
According to media reports, Orkla Foods Sverige is switching bottle production for the Felix brand of ketchup from the UK to its Fagelmara factory in the Blekinge region in Sweden. The company had previously purchased its bottles and caps from the UK, but now both components are to be manufactured and purchased in Sweden. Orkla […]
UK: Kellogg, Weetabix and ABF vye to buy Dorset Cereals
Three of the UK’s largest breakfast product manufacturers are battling to take over upmarket cereal producer Dorset Cereals. Kellogg, Weetabix, and Jordan’s Cereals – owned by Associated British Foods (ABF) – have all tabled offers to buy Dorset, the sale value of which is being estimated to be in excess of £50 million ($83 million). […]
Germany: Rossmann predicts strong growth for 2014
Dirk Rossmann GmbH, one of Germany’s leading health and personal care retailers, has revealed a strong start to 2014 with turnover in the first two months of the year up 8%, Lebensmittel Praxis reports. The company’s total sales in January and February increased to €1.06 billion ($1.45 billion), with domestic sales up to €808 million […]
Czech Republic: Carlsberg expands portfolio with Zatec acquisition
The Carlsberg Group has announced that it has entered into an agreement to acquire 51% of Zatecky Pivovar in the Czech Republic, in a deal that will allow it to enter the world’s foremost beer market per capita. The Zatec brewery was established in 1801 and is described as having a production capacity of 0.2m […]
Tradeshow Insight: Alimentaria 2014
This week, Barcelona once again played host to one of Europe’s leading international tradeshows – Alimentaria. Celebration its 40th outing – and its 20th in Spain – the event attracted 140,000 visitors to the pavilions of the Fira Gran Via in the south of the city, where 3,800 companies exhibited products from all sectors of […]
Switzerland: Migros announces record sales
Migros, Switzerland’s biggest retailer, has announced a rise in its annual revenues. The leading Swiss retailer saw sales climb 7% compared to 2012, achieving CHF 26.7 billion ($30.1 billion). The revenue boost was largely attributed to the strong performance of Tegut, the German supermarket chain that the company bought in 2012. Meanwhile net earnings rose […]
Italy: Esselunga sales up but profit down in 2013
Esselunga, one of Italy’s largest retail grocery chains, has released its financial results for 2013, reporting takings up 1.7% compared to 2012. Total income for the year was €6,957 million ($9,596 million), according to the company’s financial statement. Despite sales growth, however, EBITDA fell by 6.7% to €505 million ($696 million), while operating profit stood […]
Germany: Deutsches Milchkontor sales top €5 billion
Deutsches Milchkontor (DMK), Germany’s leading producer of milk and dairy products, has reported its 2013 financials revealing that sales have topped €5 billion for the first time. The producer of brands such as Milram, Ravensberger, Golden Cheese and Humana reported total sales of €5.3 billion ($7.31 billion) in 2013, up 4.4% on the 2012 figure. […]
UK: Heinz Big range expands into chilled savouries
Peter’s Food Service, the Heinz subsidiary company in the UK, has announced the extension of its Heinz Big brand into the chilled savoury market. The company plans to introduce a new range of pastries, such as the 235g pies that will be available in five varieties: Steak Potato & HP Brown Sauce, Steak & Onion, […]