Belgian praline brand Godiva will soon sell its chocolate in supermarkets all over the world after signing a deal with chains like Albert Heijn and Sainsbury’s. Previously, it sold nearly all its chocolate through its own store network.
Belgian-Dutch supermarket company Ahold Delhaize has fired Denis Knoops, CEO of the Belgian Delhaize branch. He pays the price for his division’s weak performances and will be replaced by Xavier Piesvaux.
Shareholders for Europe’s largest soda and fruit juice manufacturer, Refresco, approved American competitor Cott’s acquisition in droves. The deal is the Rotterdam-based company’s largest acquisition in its seventeen-year history.
Ardo, the vegetable processing company from Ardooie (Belgium), has just acquired Canadian VLM Foods and its subsidiary Compañia Frutera La Paz. These are its first non-European acquisitions and they will help grow its turnover beyond the one billion euro mark.
European consumers have spent 3.7 % more on grocery shopping in the second quarter than in the first, the largest increase in three years’ time. The Benelux also bounced back from bad results in previous quarters.
Despite turnover at dairy manufacturer FrieslandCampina growing 10 % in the first half of 2017, its profit only grew 1.3 % compared to the year before. Price hikes lifted turnover, but problems in China lowerd profits.
French retail giant Carrefour has stated it will simplify its structure after presenting very weak financial results yesterday. Its share got hammered 13 % on the French stock exchange as the French company said it has no improvement in sight.