Food Industry
Industry: Email Alert RSS FeedNon-core Danisco units up for grabs - Danisco seeks Danisco Flexible divestiture - Brief Article - Statistical Data Included
Eurofood, March 29, 2001
Danish firm Danisco has said it is still looking to offload its packaging unit Danisco Flexible, following news that the firm's nine-month profits have dropped by 13%.
Earnings before interest, tax and amortisation (EBITA) at Dansico for the said period fell to DKr1.715bn (229.7m [European Dollar]), with the losses made by Danisco Flexible impacting on these figures.
Alf Duch-Pedersen, chief executive at Danisco said, "We are still looking for a partner or a buyer for packaging unit Danisco Flexible."
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UK-based Danisco-Pack is also expected to be sold off some time this year.
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