Archives for May 2, 2002

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European food and drink industry welcomes Slovakia

As the integration of Central and Eastern European candidate countries into the European Union draws closer the Confederation of the Food and Drink Industries of the EU (CIAA) this week welcomed the Slovakian food and drink federation as an observer...

'Treating' market to reach €149.5bn by 2006

Almost half of all consumers questioned in a recent European survey cited stress as a motivation for treat purchases. According to a recent research consumers are willing to spend an average of 9 per cent more on a treat purchase.

Givaudan flavour purchase completed

Swiss flavour and fragrance company Givaudan on Thursday announced the completed acquisition of Nestle's savoury flavour business, Food Ingredients Specialities for €515.2m.

Loders Croklaan up for sale

Anglo-Dutch consumer products group Unilever announced on Thursday that it intends to sell its international speciality oils and fats business, Loders Croklaan Group, as part of its 'Path to Growth' strategy, a drive to focus on core activities.