Archives for July 2, 2007

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Kraft to buy Danone biscuits

By  Charlotte Eyre

Kraft Foods today offered €5.3bn for Danone's biscuit and cereals divisions, which generate about €2bn in sales annually.

Diageo on track with 2007 ambitions

By  Neil Merrett

Diageo said it had achieved eight per cent growth in operating profit for its full year ending 30 June following an improved second half performance.

Premier Foods to close six factories

By  Ahmed ElAmin

Premier Foods, the UK's largest food company, said yesterday it will close six of its 11 factories in a bid to cut manufacturing costs.

Cadbury to cut CO2 emissions by 50 per cent

By  Ahmed ElAmin

In a bid to boost its green credentials, Cadbury Schweppes yesterday unveiled a programme to cut down on its use of energy, packaging and water in response to climate change.