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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