Archives for February 9, 2005

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San Miguel seals dairy deal amid acquisition flurry

Asian drinks conglomerate San Miguel has acquired a majority stake in King's Creameries, a Singapore-registered ice cream producer - but with new debt already financing its current expansion strategy and a €1.07 billion bid to buy Australia's National...

Genencor buy fits into strategy, says Danisco

Set to see sugar profits dip with incoming European sugar reform, Danisco's announcement last week to acquire enzyme player Genencor is the latest in a string of acquisitions that will go some way to bridging the sales gap, writes Lindsey Partos.