UK: The Protein Works to launch protein-enhanced popcorn
Described as the world’s first high protein popcorn, Naked Protein Popcorn is due to be launched by sports nutrition company The Protein Works. Promoted as the “the ultimate high specification protein snack”, it is described as being made with premium grade whey protein isolate, organic popcorn, organic coconut oil and stevia extract and contains 21.9g […]
Ireland: Diageo to target the luxury market with Guinness Signature Series
Diageo is exploring new possibilities in the luxury market with the launch of the first entry in its Guinness Signature Series™. The new launch, called The 1759™, is described as a limited edition ultra-premium beer made with both beer malt and whiskey malt. Said to be inspired by a 200 year old recipe, the “rich […]
UK: British American Tobacco reports 9 month performance
British American Tobacco (BAT) has reported its financial results for the 9 months ended 30 September 2014, posting what it described as “a good performance in a challenging environment”. The results demonstrated continued strong growth of the Global Drive Brands, good market share performance in key markets and a 1% decrease in volume, the company […]
Denmark: Arla Foods to acquire cheese company Falbygdens Ost
Arla Foods has announced that it is acquiring cheese company Falbygdens Ost from the food company Atria Scandinavia for an undisclosed amount. Falbygdens Ost matures and processes cheese by flavouring and packaging. The company has approximately 100 employees and sales of around SEK 470 million ($65 million). Henri de Sauvage, Executive Vice President of Arla […]
France: Pernod Ricard “returns to growth” in Q1
Pernod Ricard, the world’s world’s co-leader in wines and spirits, has announced a “return to growth” for the first quarter of 2014/15. The company posted organic growth of 2% in the period, with earnings rising to € 2,037 million ($2,575 million). “Continued growth” in the Americas (3%) and a “gradual improvement” in Asia-Rest of the […]
UK: SABMiller volumes decline in second quarter
Leading global brewer SABMiller has reported its second quarter financials, with beer volumes declining by 3%. SABMiller said overall revenues rose 3% in the three months to the end of September, helped primarily by soft drinks. While total volumes were down 1%, soft drinks sales (which account for 20% of SABMiller’s sales volumes) bucked the […]
Switzerland: Tetra Pak launches first fully plant based-carton
Packaging developer Tetra Pak has announced the launch of what it describes as the industry’s first carton made entirely from plant based, renewable materials. Tetra Pak said the new version of its Tetra Rex carton would be the first product in the market to have bio-based low-density polyethylene (LDPE) films and bio-based high-density polyethylene (HDPE) […]
UK: Reckitt Benckiser posts Q3 sales growth
UK-based healthcare and household goods manufacturer Reckitt Benckiser (RB) has posted revenue of £2.37 billion ($3.83 billion) for its third quarter, increasing sales on a like-for-like basis by 3% on the previous year. Despite what RB termed a “robust performance in challenging markets”, the results were said to be below some analyst expectations. Bloomberg reports […]
Italy: La Doria signs agreement to acquire Pa.fi.al.
La Doria Group, a leading producer of tomato products, preserved vegetables and fruit juice, has announced that it has acquired 100% of the share capital of Gruppo Pa.Fi.al., the holding company of Delfino Spa and Athea Spa. La Doria Group said the acquisition constituted a significant strategic move which would enable it to strengthen its […]
Spain: BM launches private label artisanal dairy products
BM, the Spanish supermarket chain, has announced the launch of a new brand called Bertako Baserrietako Esnoki Froskoak (Bertako) under which it will begin to sell high quality artisanal dairy products. All the products in the new Bertako line are described as being made using a traditional method and with the milk of Laxta sheep, […]