bakenet:eu – Page 973 – News for the baking industry

Nutrition + Consumers

Newcastle / UK. (qlif) The Integrated Project QualityLowInputFood aims to improve quality, ensure safety and reduce cost along the organic and «low input» food supply chains through research, dissemination and training activities. The project focuses on increasing value to both consumers and producers.

Kraft Foods: signs agreement with Groupe Danone

Northfield / IL. (kf) Kraft Foods Inc. announced that it has signed final agreements to acquire the global biscuit business of Groupe Danone for 5,3 billion Euro in cash. This follows an announcement of Kraft´s offer in July.

Kraft Foods: appoints new Chief Marketing Officer

Persons + Honours

Northfield / IL. (kf) Kraft Foods Inc. announced that Mary Beth West has been appointed Executive Vice President and Chief Marketing Officer (CMO), effective immediately.

Gruma: Net sales grew four percent in third quarter

Monterrey / MX. (gru) «Listen to your customer» is not only a business rule, it´s law. According to the conviction of Jairo Senise, chief executive of Mexican Gruma S.A.B. de C.V., the really successful law means to know the trick «to develop effective ways to listen to potential consumers», he told «The New York Times».

Metro Group: opens first wholesale center in Pakistan

Duesseldorf / DE. (mg) Metro Group opens its first Metro Cash + Carry wholesale center in the Pakistan metropolis Lahore. Thus, the company is now represented in a total of 31 countries - with Metro Cash + Carry alone running operations in 29 countries.

Kellogg: announces sales and profit growth in Q3

Battle Creek / MG. (kc) The Kellogg Company reported a third quarter 2007 earnings per share increase of nine percent and raised its full-year EPS guidance by 0,01 USD to 2,72 USD - 2,75 USD per share. In addition, Kellogg increased its estimate of full-year investments in advertising and up-front costs related to cost-reduction initiatives.

Daily Bread: premium bakery establishes pan India presence

Market + Management

Bangalore / IN. (beu) Gone are the days when one was happy with a loaf of bread or a sandwich with jam for a quick bite in the morning. If baking bread had evolved into a fine culinary art ages ago in Europe, bread is certainly breaking new grounds with upwardly mobile yuppie Indian class relishing European quality bakery, confectionery and speciality food products.

Walkers Shortbread: reported a strong year of trading

Market + Management

Aberlour on Spey / UK. (wsb) Walkers Shortbread Limited has reported a strong year, but warned price rises in raw materials would have a «significant effect» on the future of the business.

GFA: plans to invest twelve million USD in India