ARGENTINA: FRENCH FOOD COMPANIES

Article Abstract:

Several French food companies have had units in Argentina for the past few years. The Triballat and Bongrain cheese companies produce 20,000 tonnes of cheese in Argentina and make US$ 32mn in turnover, and they acquired Nestle's activities in Argentina in 1999. The Danone group makes a turnover of US$ 600mn there in its three basic businesses: Danone brand dairy products, Villa del Sur and Villavicencio brands of mineral water, and Bagley brand biscuits. There is also the Perrier Vittel mineral water group which has formed a joint-venture with the Quilmes group. They invested US$ 100mn in order to launch Eco de los Andes mineral water. Perrier Vittel handles production in the Mendoza region and marketing, and the Quilmes group handles distribution and sales.

Argentina, Bottled Water, Bottled Water Manufacturing, Bottled and canned soft drinks, Cookies & Crackers, Cookie and Cracker Manufacturing, Cookies and crackers, Snack foods, Bottled drinking water, DANONE Group, DA

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DENMARK: 2000 RESULTS OF THOLSTRUP CHEESE

Article Abstract:

Tholstrup Cheese, the Danish producer of dairy products and fresh pasta, reports a DKr 54mn (USD6.6mn) profit before financial items for 2000, up from DKr 24mn in 1999. Net profit increased nearly three-fold to DKr 30mn, whereas turnover decreased to DKr 843mn from DKr 871mn. The company is focusing on core activities, and will sell off property holdings and farming activities. The marketing strategy has been changed to focus on campaigns in shops instead of TV advertising.

Denmark, Sales, profits & dividends, Macaroni and spaghetti, Macaroni, Spaghetti & Noodles, Dry Pasta Manufacturing, Pasta products

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EUROPE: THOLSTRUP TO CO-OPERATE WITH LACTALIS

Article Abstract:

The Danish cheese producer Tholstrup has signed a co-operation agreement with the French cheese group Lactalis. The agreement includes sales and distribution of Lactalis' products on the Swedish market through Tholstrup's sales organization, whereas Lactalis will distribute Tholstrup's brands in Belgium and the Netherlands. Finn Schiott Hansen, MD of Tholstrup Cheese, says Benelux is a future growth market for the company.

Netherlands, Joint ventures, Sweden, Belgium, Lactalis

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