Archives for August 30, 2004

← 2004

Belgian brewer sells fruit juice arm

Duvel Moortgat, the Belgian brewing group, has sold its fruit juice operation Freya's Deli Fruit to compatriot Konings for an undisclosed sum, a move precipitated by the need for urgent investment in the company.

Tough year for Spanish confectioners

Product mix difficulties meant that Spanish sugar confectionery producers were unable to match increased volume sales with a rise in revenues in 2003. The children's confectionery market, in particular, failed to meet expectations in 2003, despite the...

Healthy results for Kerry

Ongoing demand for healthy products helped Irish food and ingredients firm Kerry to a strong first half performance. And with recent acquisitions pushing it into other high growth sectors, there is little to stop the group from making further advances...