Somerfield deal cleared
The European Commission has approved the takeover of British retailer Somerfield, by the Apax consortium.
Archives for November 22, 2005
EU sugar reform balanced between success and failure
Four key factors will determine whether this week's EU discussions regarding the sugar regime have been a success or a failure, says a key industry body.
RFID could save UK retailers billions
Using RFID and improving packaging design could help UK supermarkets save £1.9 billion (€2.7bn) in lost sales every year because of supply chain problems, says a new survey from the Institute of Grocery Distribution (IGD).
Frutarom acquisitions fuel strong results
Frutarom's continuing trend of increased sales and profitability vindicates the Israeli flavour firm's rapid expansion within certain strategic geographic regions.
European biotech firms target R&D growth
Biotech associations from five European countries have joined an initiative aimed at creating and developing globally competitive R&D-driven companies.
New project probes functional properties of milk
A dairy research body in Australia will get $300,000 of government money to examine bioactive material in milk that could be used to develop novel functional foods.
Nutritional demand drives whey and lactose sales
Innovative dairy ingredients are increasingly being used in nutritional-focused applications and are showing significant growth rates according to a new study.
Ocado forges strategy for internet boom
Online grocery pioneer Ocado believes it has the most innovative business model to tap the booming e-tail sector, as the UK's top supermarkets compete for custom.
Lab automation system receives top innovation award
Sweden-based Gyros' laboratory automation system has received an endorsement from analyst Frost & Sullivan, which has awarded the company the top prize in the category for this year's annualinnovation awards.