Archives for May 3, 2012

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Princes targets Europe after processor deal approved

By Freddie Dawson

Princes, the UK canned food and soft drinks firm, plans to grow European revenues to about £406M (€500M) over the next five years after completing the acquisition of a tomato processing factory from its partner Italian tomato processor, AR Industrie...

Cane import restrictions threaten TLS Silvertown

By Freddie Dawson

Tate & Lyle Sugar (TLS) Silvertown refinery could be doomed and lose over 700 jobs because it cannot obtain sufficient raw cane sugar at a price that would make its future viable, claim informed sources.

Tesco 'needs to make business more fun'

By Rick Pendrous

Tesco's fall from grace since former group chief executive Sir Terry Leahy hung up his halo and passed control over to Philip Clarke, is a sign of the turbulent times we live in. In its final results for 2011/12, published in April, Tesco reported a 1%...

Hain Celestial to expand soup after Irish purchase

By Mike Stones

New Covent Garden soup owner the Hain Celestial Group is to grow soup sales in the UK, Ireland and the US after its acquisition of Irish chilled soup specialist Cully & Sully.