Thursday 10 July 2014
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


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


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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