Archives for February 15, 2005

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Ter Beke looks to consolidate Benelux dominance

Ter Beke is reported to be interested in buying some of Sara Lee's French and Benelux charcuterie businesses, a move that would further consolidate the Belgian food processor's market presence in Northern Europe.

Foodborne diseases, UTIs and cows, new link

Food safety comes to the fore again as new study builds on growing evidence that foods of animal origin, contaminated with Escherichia coli, can lead to urinary tract infections in women.

Casein costs force Galaxy to tighten its belt

Rising raw material costs lead to decline of $0.58m in Galaxy's gross margin for 3Q 2005, leading to price hikes and expense cuts throughout the remainder of the fiscal year.

EBRD invests in Uzbek brewer

The European Bank for Reconstruction and Development will encourage Uzbekistan to implement economic reforms by pledging nearly €3 million to improve quality and double capacity at a private domestic brewer, reports Chris Mercer.

InBev concedes defeat in battle for Slovenian Union

InBev has spread rapidly beyond the borders of its native Belgium in the last few years, with major acquisitions in Asia, Latin America and Europe. But the world's biggest brewer is not always successful in its takeover bids, as the recent David vs....

Eastern Europe bolsters CCHBC in 2004

Non-carbonated soft drinks in emerging Eastern European markets, especially Russia, held up sales growth during a challenging period for the Coca-Cola Hellenic Bottling Company (CCHBC), despite a €49 million one-off charge sending profits tumbling,...