Burton’s Biscuits on sale for $543m
The UK second largest biscuit company Burton’s Biscuits has been put up for sale by its private equity owners and could command a £350m ($543m) price tag.
Archives for August 28, 2013
Cadbury cocoa-growing trials in Australia as part of $59m plant upgrade
Cadbury will invest in trials to commercially cultivate cocoa in Australia for the first time as it sets out plans to upgrade its production facility in Tasmania.
Will European sugar users switch to isoglucose when quotas end?
The success of isoglucose in the EU largely depends on whether food and drink companies decide to make the switch from sugar, says managing director of the European Starch Industry Association Jamie Fortescue.
New flavor trends
Dark choc + cucumber? Trailblazer Foodpairing moves beyond flavor combinations to whole recipes
FoodPairing - a Belgian firm blazing a trail in the culinary arts world by replacing guess work with flavor science to identify unique flavor combinations - is moving beyond food pairing (identifying a novel ingredient that ‘goes’ with strawberry) to...
Emerging Market Watch - Indonesia
Indonesian sugar rush sweet news for Petra Foods...but rivals could be lurking
Indonesian sugar consumption is set to rise 12% this year and could benefit the country’s leading confectioner Petra Foods. On the flip side, multinationals may see it as a chance to grow market share.