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analysts at investment bank liberum capital said they expect unilever to sell its food arm, excluding the ice cream and beverage category, for an estimated figure of €14bn. any such deal would be used to fund a large acquisition in its home and personal care businesses, according to a liberum capital report on why now is the right time to buy unilever stock. authors pablo zuanic and lisa hau said: “we expect unilever at some point to implement a large accretive acquisition in the hpc (household and personal care) space and to partly fund it by selling it’s the food unit (excluding ice cream and beverages) which we estimate can be sold at about one times sales (or €14bn).

kraft foods europe is “delighted” to have become only the second company to win an article 13.5 health claim but is focusing now on how the opinion will be viewed by the european commission and member states. kraft on efsa positive opinion for baked products: \"...too early to say anything about the impact on our marketing strategy.\" the european food safety authority (efsa) recently issued a positive opinion under the eu nutrition and health claim regulation (nhcr) linking consumption of certain baked products with a prolonged glycaemic response.

food companies across europe face an uphill battle to attract the best candidates because many people don’t see food factories as an attractive place to work. “potential candidates see the food industry as warm and noisy, with salaries and packages that are not very attractive compared with other sectors like banking,” warns pierre boulaire, ceo of international recruitment specialist manageria.

reports that a company owned by cargill and abf bought all the available uk feed wheat last month has renewed calls for tighter regulation of commodity markets. traders reportedly told the bureau of investigative journalism that frontier agriculture bought all available may futures contracts on the london international financial futures and options exchange (liffe) in the period running up to the tender date in the last week of april.

uk beverage giant diageo has paid $16m (€11m) to settle bribery charges against it by the us securities and exchange commission (sec). sec, in a cease and desist order, said london-based diageo offered bribes of $2.7m across india, thailand and south korea, violating the us foreign corrupt practices act (fcpa). diageo and its subsidiaries failed to properly account for the ‘illicit’ payments in their books and records, said the sec.

taiwan has said it would intensify checks on imported products into the country after a batch of concentrate for a coca-cola product was found to contain a preservative banned in the country. two weeks ago, a batch of concentrate for coke zero, which was being exported from china to taiwan, was banned in taiwan for containing methyl para-hydroxybenzoate. consumption of methyl para-hydroxybenzoate, an antiseptic chemical, is said to lead to stomach upsets and raise female hormone levels.

sainsbury’s has withdrawn its own-brand freefrom stem ginger cookies with a ‘best before’ date of 23 december 2011, because the product has incorrectly been packed with sainsbury’s freefrom chocolate chip cookies that contain soya. this means the product is a possible risk for anyone who is allergic to soya. the agency has issued an allergy alert advising anyone with an allergy to soya not to eat this product.

firmenich and the renewable products company amyris are expanding their joint collaboration to work on three “key” ingredients but they continue to keep the industry guessing about what they are. amyris said this week that the success of its initial collaboration with the swiss-based flavour and fragrance house for two ingredients had led to the early expansion into a third. under the initial agreement, firmenich was to fund technical development at amyris to produce a “sustainable, cost-effective and reliable source of a key ingredient for the fragrance and flavour market”.

belgian sweeteners firm nutrilab is scaling up production of tagatose following regulatory approvals. the company said its plant was capable of producing 5000 tonnes per year, with 70% tagatose crystals and 30% tagatose syrup, and was set to kick into life following the sweeteners eu approval recently and health claims wins. “the last tests and revisions are under way,” said christian m vastenavond, phd, director r&d nutraceuticals and international operations.

firmenich and the renewable products company amyris are expanding their joint collaboration to work on three “key” ingredients but they continue to keep the industry guessing about what they are. amyris said this week that the success of its initial collaboration with the swiss-based flavour and fragrance house for two ingredients had led to the early expansion into a third. under the initial agreement, firmenich was to fund technical development at amyris to produce a “sustainable, cost-effective and reliable source of a key ingredient for the fragrance and flavour market”.