Archives for September 8, 2013

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Unite calls for ‘copper bottomed guarantees’ on Lucozade sale

By Mike Stones

Unite the union has demanded “copper bottomed guarantees” about the security of workers’ employment and their terms and conditions, after GlaxoSmithKline (GSK) sold its Lucozade and Ribena brands to Japanese company Suntory for £1.35bn.

ABF results: sugar down, Primark shines

By Mike Stones

The performance of Associated British Foods’ (ABF’s) sugar division has disappointed City analysts, while its Primark business continues to shine.

Sugar tax won't address obesity

By Gary Scattergood

Further evidence has highlighted how the health benefits of taxing sugary beverages would be offset by consumers switching to other unhealthy foods, according to a major new study backed by the US Department of Agriculture.

Chr Hansen appoints new vice president

By Laurence Gibbons

Chr Hansen has appointed Christian Barker as its new executive vice president for the Health & Nutrition Division of the business.

GSK to sell Lucozade and Ribena to Suntory for £1.35bn

By Mike Stones

GlaxoSmithKline (GSK) has agreed to sell its nutritional drinks brands – the iconic Lucozade and Ribena – to the Japanese consumer goods firm Suntory Beverage & Food (SBF) for £1.35bn in cash.

Food Standards Agency orders Farmbox Meats recall

By Mike Stones

The Food Standards Agency (FSA) has ordered the recall of all frozen lamb, beef and mutton trim supplied by mid Wales firm Farmbox Meats – one of the firms involved in the horsemeat crisis.

Cheese maker appoints new ceo

By Laurence Gibbons

Somerset-based cheese manufacturer Godminster has appointed Peter Andrew as its new ceo.