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Silver Fern Farms sees FY profits slide

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New Zealand meat processor Silver Fern Farms revealed last week that it had swung to a loss in its most recent financial year after restructuring costs hit its bottom line. For the 12 months to the end...

Carrefour to test supermarket/food hall concept store

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French supermarket giant Carrefour announced yesterday that it is testing two new convenience store concepts in France, including Carrefour City Café – a combination supermarket and food hall. Carrefour...

Danone signs agreement to acquire YoCream

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Danone has signed an agreement to acquire YoCream, the leading producer of frozen yogurt in the United States, for US$103 million. The transaction will enable Danone to move into frozen yogurt, a fast...

Symrise to double its menthol production

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Symrise, with Lanxess on site, broke the ground for the facility that will double its ability to produce synthetic menthols in Holzminden. The additional capacities, which start operations in 2012, double...

Fonterra And Nestle Proposal To Extend DPA To Chile

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Fonterra and Nestle confirmed today a proposal to expand their Dairy Partners Americas (DPA) joint venture into Chile.Fonterra subsidiary Soprole and Nestle Chile today filed an application with the local...

Cloned meat “hypothetically” safe – FSA

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The UK’s Food Standards Agency has said that milk and meat from cloned cattle and their progeny is “hypothetically” safe. A meeting of the UK food watchdog’s Advisory Committee...

Nestlé India plans collaboration to help manage diabetes

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Nestlé India has signed a memorandum of understanding with the National Diabetes, Obesity and Cholesterol Foundation (N-DOC) to develop nutrition initiatives aimed at helping to manage diabetes.The collaboration...

Italy breaks EU law on chocolate labels, says court

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Italy has broken EU regulations on labelling chocolate, a court in Luxembourg ruled yesterday (25 November).The European Court of Justice has ruled that consumers in Italy are being misled by local legislation...

SOS to sell rice division to Ebro Foods

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SOS Corporacion Alimentaria is to sell its rice division to Spanish food group Ebro Foods for EUR195m (US$261m).The deal, announced yesterday (25 November), could also lead to Ebro taking a 10% stake in...

UK publishes country-of-origin labelling guide

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UK food manufacturers and retailers yesterday published guidelines on country-of-origin labelling to encourage consistent information on food labels. The “principles on country-of-origin information”,...