Thursday 24 July 2014
 
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food group

Kuwaiti family mulls sale of Americana group

Kuwait's billionaire al-Kharafi family is looking to sell Americana, one of the Middle East's largest food companies, and has hired bankers to explore a deal, four sources familiar with the matter told Reuters. There is no

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Kout buys UK dining chain Little Chef

Kuwait-based Kout Food Group has bought British roadside dining chain Little Chef for about 15 million pounds ($23 million). Kout, which also owns the Maison Blanc bakery chain in southern England and more than 40 Burger King and

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Commodity boom squeezes top EU food groups

Europe's top food makers are under pressure on two fronts. With rampant commodity costs forcing them to raise prices, hard-pressed consumers are opting for cheaper products while critics insist that the industry is milking the situation. W

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