On Your Radar > Food finance and prices

Email this page News by email Send a press-release

Food finance and prices

The food industry is in constant financial motion; there’s always some company snapping up the assets of another, not to mention grappling with fluctuating costs of commodities. The latest money moves can have a big impact on ingredient supply, so it pays to keep up to date.

Xylitol still disappoints Danisco

17-Sep-2009 - Danisco sold ‘somewhat disappointing’ volumes of xylitol at the start of its new financial year, but says the sweeteners division is on track for recovery thanks temporary closure of xylitol plants and inventory reductions.

Private equity spies opportunities in small consolidators

17-Sep-2009 - Consolidation in the food sector during the recession is throwing up opportunities for private equity to invest in smaller companies – if they have a unique product and a diverse customer base.

Confectionery ingredients company bought by private equity

16-Sep-2009 - German confectionery agents maker Kaul has been snapped up by private equity fund Riverside, which plans to speed international growth for its new ‘hidden champion’.

Cadbury slams Kraft bid and business model

14-Sep-2009 - Cadbury has labelled Kraft “a low growth conglomerate” in a letter restating its rejection of the food giant’s £10.2bn ($16.7bn) takeover bid.

Callebaut-Natra chocolate plan turns sour

10-Sep-2009 - Barry Callebaut has confirmed it has ended negotiations with Spanish chocolate producer Natra over the integration of its European consumer chocolate business, citing differences over valuation.

GM policy could bring price, supply issues, warns UK

02-Sep-2009 - The UK government has warned that the EU’s hardline on GM food could disrupt the supply chain and result in price hikes.

Weekly comment

Sugar and strife – not so nice if the price is not right

01-Sep-2009 - Sugar politics means high prices are a bitter pill for US and Indian sweet food and beverage makers; while the European industry is sitting pretty on the back of the recent sugar reforms.

Cargill claims strength in recession despite Q4 earnings slump

19-Aug-2009 - Cargill has reported a huge drop in earnings during the fourth quarter of fiscal 2009 compared to a year earlier, but said that it had entered the economic downturn with several effective strategies in place.

Lannen Tehtaat merges grain and vegetable oil operations

17-Aug-2009 - Finnish food and agriculture firm Lannen Tehtaat has announced that it will combine the operations of its subsidiaries Avena Nordic Grain Oy and Mildola Oy.

More difficulty ahead for food sector as European recession eases

14-Aug-2009 - France and Germany have emerged from recession but the global nature of the food industry may mean it takes longer to recover than other sectors, according to a senior economist at Wageningen University.

Confectionery fat destocking hits AAK, but healthy oils are on the up

13-Aug-2009 - Specialty fats firm AAK has said it is benefiting from the trend for manufacturers to substitute more expensive fats with cheaper, healthier oils – but it has been hit by destocking of confectionery fats.

Ingredients demand is stable, says Tate & Lyle

23-Jul-2009 - Food and beverage ingredient demand has been ‘stable’ in Tate & Lyle’s Q1, says the company in its interim statement, and the year so far has exceeded expectations.

Danisco results show trickle down of consumer savings strategies

24-Jun-2009 - Danisco latest results bear testament to the responses of consumers to the economic crisis around the world – with very different shifts taking place in the US and Europe.

Unstable food markets continue to threaten cereal prices

09-Jun-2009 - Price volatility in grain markets and food security took centre stage at the first World Grain forum in St. Petersburg with Russia's President Medvedev underlining the "extremely unstable situation" in global food markets.

Tate & Lyle to produce all its sucralose in Singapore

28-May-2009 - Tate & Lyle is to produce all its sucralose from its new plant in Singapore, ‘mothballing’ its facility in McIntosh, Alabama.

Frutarom blames currency and destocking for sales drop

28-May-2009 - Functional ingredients, fragrance and flavour supplier Frutarom has reported a decrease in sales and net income for the quarter but confirms growth plans.

Commission plans support for struggling olive oil sector

26-May-2009 - As demand for olive oil falls and prices follow suit, the European Commission is considering support that would let beleaguered producers tender for aid so they can store their surplus.

Raisio sells margarine business to Bunge for €80m

14-May-2009 - Raisio is to sell its margarine portfolio to Bunge, a move that will allow it to focus on its grain business and give it a powerful new partner for its Benecol plant stanols brand.

Competition helps steady food price inflation

06-May-2009 - Food inflation in the UK is falling for the first time this year, say the British Retail Consortium and Nielsen, as the grocery market is spurred by greater competition.

Companies look to Asia as an economic buffer

05-May-2009 - Food and beverage companies should look to Asia to bolster their business in times of economic crisis, while differentiating their products closer to home, according to a Frost and Sullivan analyst.

ABF sugar and ingredients shine, but profits drop

21-Apr-2009 - Associated British Foods (ABF) has reported strong growth in its sugar and ingredients divisions for the first half of the financial year but the group’s profits have fallen.

G8 consider curbing speculation to control commodity prices

21-Apr-2009 - Speculation in the commodity markets needs close monitoring to help ease price volatility, the first ever G8 meeting of agricultural ministers has concluded, and agri-food chains should be more closely-coordinated to boost efficiency.

Ocean Spray to sell concentrates eBay-style

20-Apr-2009 - Ocean Spray's Ingredient Technology Group is to hold online auctions for its cranberry concentrate, which it claims will help customers ensure supply and protect against commodity fluctuations.

Danisco consolidates cost-saving strategies for customers

17-Apr-2009 - Danisco is compiling a comprehensive toolkit to help its customers deal with cost issues based on solutions it has and will develop, and analysis of how businesses and consumers respond in the recession.

Recession fear drives the purse strings

17-Apr-2009 - Fear of the recession is causing consumers to cut back on spending rather than more than an actual change in circumstances, according to Mintel, but building on consumer trust can help tackle the down turn.

Breaking News on Food & Beverage Development - Europe US edition

News Headlines

On your radar

All news articles

Product news

Product Innovations

Related Sites

On your radar

News Headlines

All news articles

On Your Radar > Food finance and prices

Food finance and prices

The food industry is in constant financial motion; there’s always some company snapping up the assets of another, not to mention grappling with fluctuating costs of commodities. The latest money moves can have a big impact on ingredient supply, so it pays to keep up to date.

Weekly comment

Sign up for your free newsletter

Stay updated on the latest breaking news from your industry

Upcoming Live Webinars

On-Demand Webinars, Videos, Audio

Technical & Research papers

Products, Brochures, Web links

Weekly / Daily Free Newsletter

Other Newsletters

Related sites

All Decision News Media Sites