Tag: Financial
The latest financial news from the food and beverage industry.
News
Dole Europe acquires 25% of Green Vision
Through its Swedish division Saba Fresh Cuts AB, Dole Europe has acquired a 25% stake in Green Vision AB.
Published Friday, 12th March 2010
News
Dale Farm group announces £40m investment
Dale Farm has unveiled a £40m+ investment across its UK dairy operations to support its presence in consumer products and specialist ingredients.
Published Thursday, 11th March 2010
News
Coca-Cola Bottling Co Consolidated posts sales decrease
Coca-Cola Bottling Co Consolidated has earned $38.1m, or basic net income per share of $4.16, on net sales of $1.44bn for fiscal 2009.
Published Wednesday, 10th March 2010
News
Glanbia reports an 18% drop in FY 2009 revenue
Glanbia plc has announced its full-year results for the year ended 2 January 2010.
Published Wednesday, 10th March 2010
News
Tetra Pak sales grow to €8.9bn in 2009
Tetra Pak, a world leader in food processing and packaging solutions, has announced net sales of €8.95bn in 2009 – up 1.2% from 2008 in comparable terms.
Published Tuesday, 9th March 2010
Opinion
36 acquisitions in January/February 2010
2010 opened with a succession of huge food and drink transactions, says Richard Hall.
Published Tuesday, 9th March 2010
News
Q4 profits jump, but Anheuser-Busch InBev remains cautious
Anheuser-Busch InBev, the world's largest brewer, has posted a Q4 profit of $1.28 billion – up from $29m last year – but says global beer sales are unlikely to rebound in 2010.
Published Friday, 5th March 2010
News
Del Monte posts a smaller quarterly profit
Del Monte Foods has reported net sales for the third quarter fiscal 2010 of $1,013.2 million compared to $942.3 million last year, an increase of 7.5%.
Published Friday, 5th March 2010
News
TreeHouse completes acquisition of Sturm Foods
TreeHouse Foods Inc has completed its previously announced acquisition of Sturm Foods Inc for $660m, excluding adjustments for working capital and other items.
Published Wednesday, 3rd March 2010
News
Anlit becomes major growth driver since Nestlé deal
Nestlé has closed a deal with Materna Laboratories to acquire 51% of the infant formula activity for $72m and establish a long-term strategic partnership.
Published Tuesday, 2nd March 2010
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