Amsterdam / NL. (csm) Dutch food group CSM has acquired Kate’s Cakes based in the United Kingdom for a consideration of 20,5 million GBP for the shares plus the assumption of twelve million GBP in debt.
Duesseldorf / DE. (mg) Metro Group continued on its successful growth path in the first six months of 2007. In year-on-year comparison, the company raised sales by 10,9 percent to 30,3 billion Euro. Net of the acquisitions of Wal-Mart Germany and Geant in Poland, sales rose 6,7 percent.
Seattle / WA. (sc) Starbucks Corporation announces financial results for its fiscal third quarter ended July 01. «In the third quarter, Starbucks delivered solid financial performance while expanding globally», says President and CEO Jim Donald.
Oak Brook / IL. (mdc) McDonald´s Corporation announced strong operating results for the second quarter fueled by comparable sales growth. Quarterly highlights included:
Ann Arbor / MG. (dp) Domino´s Pizza Inc. announces results for the second quarter ended June 17. Management noted that, although it posted positive same store sales both domestically and internationally, the quarter´s earnings were significantly impacted by expenses associated with the Company´s recapitalization, which was completed in April.
Madrid / ES. (ep) The Ebro Puleva Group posted a net turnover of 1.278 million euro in the first half-year 2007, a year-on-year growth of twelve percent. Operating profits also showed strong growth, reflecting the sound performance of the business in the first six months. In particular, the Ebitda or Gross Operating Profit was up 12,5 percent to 153 million euro, following investments of 42 million euro in advertising, 22 percent more than last year.
Bagsvaerd / DK. (nz) Novozymes acquires Biocon´s enzyme business for an agreed purchase price equivalent to 551 million DKK. Novozymes thereby strengthens its position in India. Biocon is one of India´s leading biotechnology companies, specialising in biopharmaceuticals, contract research, clinical research and enzymes.
Oak Brook / IL. (mdc) McDonald´s Corporation announced that global comparable sales rose 8,4 percent in June and 7,4 percent in the second quarter. Systemwide sales for McDonald´s restaurants worldwide increased 12,5 percent for the month (9,7 percent in constant currencies) and 11,4 percent for the quarter (8,6 percent in constant currencies).
Zurich / CH. (bc) Barry Callebaut, the world´s leading manufacturer of high-quality cocoa and chocolate products, will enter the fast-growing Indian chocolate market by opening a sales office in Mumbai in September. The company will also inaugurate a new Chocolate Academy in India´s largest city in December, where Indian confectioners can enhance their chocolate skills through courses and practical workshops.
Madrid / ES. (ep) Ebro Puleva has reached an agreement to buy the German company Birkel Teigwaren GmbH, leader of the pasta sector in the country. The transaction is subject to approval by the German antitrust authorities.