Italy: Campari nine-month profit down by a fifth
The Italian beverage company Campari has closes its third financial period ending 30th September 2014, reporting a decline in group profit before tax of 21.8% but marginal growth in revenues. For the first nine months of the year, Campari reported that group net sales reached € 1,060.5 million ($1,321.7 million), up 0.8%, with organic growth […]
Norway: Carlsberg to invest in new brewery
Beer producer Carlsberg has announced that it is to invest NOK 110 million ($16 million) in a new brewery and beer centre in Trondheim, Norway through its subsidiary Ringnes. This investment is one of the largest in the history of Ringnes, which is Norway’s leading beverage company, producing beer, water and soft drinks. The intention […]
Italy: Massimo Zanetti Beverage Group inaugurates coffee roasting plant in Vietnam
Massimo Zanetti Beverage Group (MZB Group), the leading private group in the global coffee market, has made another step towards its consolidation process in Asia with the opening of its first roasting plant in Vietnam. The new plant, located in the industrial district of Ho Chi Minh city, covers a surface area of over 5,000 […]
UK: Britvic announces preliminary annual results
The London-based drinks firm Britvic has reported its preliminary financial results for the fiscal year ended 28th September, posting Group EBIT of £158.1 million ($249.5 million), up 17.6% , and revenue growth of 2.4% to £1,344.4 million (2,121.9 million). For the new financial year, the company expects operating profit between £164 million and £173 million […]
UK: Mondelez International announces £30 million investment in coffee plant
Mondelez International, one of the leading global coffee players, is planning to invest £30 million ($47 million) in its UK factory in Banbury to expand production of its Tassimo beverage capsules. The Tassimo brand has become Europe’s fastest growing single-serve system, partnering with brands including Jacobs, Costa in coffee and Cadbury in hot chocolate, according […]
Denmark: Arla Foods Ingredients opens new lactose factory
Arla Foods Ingredients has opened a new lactose manufacturing factory in Denmark, targeting the infant nutrition sector, New Food Magazine reports. The new €120 million ($150 million) facility based in Jutland will produce 80,000 tonnes of lactose every year and is situated adjacent to Arla Foods Ingredients’ existing whey processing facility, Denmark Protein. Luis Cubel, […]
Greece: Carlsberg signs agreement to take over Olympic Brewery
Denmark’s Carlsberg Group has set out to strengthen its position in Greece through a merger with Olympic Brewery, the third largest brewer in the country. The combination of Olympic Brewery’s local brand Fix withthe Carlsberg Group’s local power brand Mythos and international brand range will create a very strong product portfolio, Carlsberg said. “The Greek […]
Germany: Lieken to close five production facilities
Lieken AG, Germany’s leading bakery group with annual revenues of over €700 million ($873.5 million), has announced plans to shut five of its facilities as part of a large-scale restructuring process that will also see the construction of a new plant in the Rhein-Main region. In a statement, Lieken said that “smaller and less modern” […]
Spain: Customdrinks launches stevia-sweetened alcohol-free cider
Customdrinks, part of the Hijos de Rivera group, has expanded its Maeloc cider range in Spain with the launch of Maeloc Sin, a new alcohol-free cider that is sweetened with stevia. The aroma of the drink is described as featuring hints of apple compote while its taste is said to to be simultaneously sweet, sour […]
UK: Warburtons launches new line of premium loaves
Warburtons is launching a new bread line said to offer four special varieties based on premium ingredients. The new range is available in the varieties Old English White (a white bread inspired by traditional baking heritage), Malted Grain & Seed (a malted grained bread with poppy, millet, sunflower, brown linseed and sesame seeds), Wholegrain and […]