CEO Paul Bulcke said:

Nestlé nine-month sales growth below full-year target


Nestlé organic sales growth slowed to 4.4% in the first nine months of the year, compared to 6.1% in the same period last year, hit by weaker demand from emerging markets and ongoing recession in Europe.

Nestlé plans to sell underperforming brands

Nestlé plans to sell underperforming brands


Nestlé CEO Paul Bulcke told an investor meeting on Tuesday that the company intended to divest some of its brands and shake up its portfolio.

CSM confirmed $1.05bn sale of bakery supplies to private equity today


Eight months later: CSM sells bakery supplies for $1.05bn

By Kacey Culliney

CSM has agreed to sell its bakery supplies businesses to private equity firm Rhône Capital for $1.05bn, eight months after its announcement to reposition as a bio-based ingredients firm.

RSPO said it would welcome discussion with investors to transform palm oil supply

RSPO welcomes deforestation consideration in palm oil investments

By Caroline Scott-Thomas

The Roundtable on Sustainable Palm Oil (RSPO) has welcomed the decision of the world’s biggest sovereign wealth fund to pull investment from certain palm oil companies – but has disagreed with its divestment from firms that are on the path to RSPO certification.

ADM set to snap up Australia's largest independent grains firm?

ADM gears up for $2.8bn takeover of GrainCorp

By Kacey Culliney

Archer Daniels Midland is in talks with Australian commodity giant GrainCorp after putting forward an offer just shy of US$2.8bn (A$2.7bn) for a cash takeover.

Nestlé 9-month sales up 11%

Emerging markets continue to drive Nestlé sales

By Oliver Nieburg

Food and nutrition giant Nestlé has reported improved sales in its 9-month results driven by growth in emerging markets, but Q3 was a little slower than last year.

DuPont profit climbs on higher prices and agriculture sales

DuPont profit climbs on higher prices and agriculture sales

By Caroline Scott-Thomas

DuPont posted higher profits and revenue for the first quarter of 2012, citing higher prices and increased sales in developing markets, as well as continuing benefit from last year’s acquisition of Danish specialty ingredients firm Danisco.

'Growth potential' in emerging markets

IFF profits slump 56% on ‘unprecedented’ raw material costs

By Caroline Scott-Thomas

International Flavors and Fragrances (IFF) saw net profits slump 56% in the fourth quarter due to one-off costs and ongoing high raw material prices, but adjusted results were largely in line with analysts’ expectations.

Conroy: Still some mega-deals left in food

60-second interview: Pat Conroy, Deloitte

Deloitte: Kraft/Cadbury deal will stimulate more M&A

Food and drink M&A activity is predicted to pick up this year, but who’s selling, who’s buying, and what is top of the shopping list? Elaine Watson caught up with Pat Conroy, vice chairman and US consumer products leader at Deloitte, to find out.


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