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Breaking News on Confectionery & Biscuit Processing

Kraft predicts additional $1bn revenue from Cadbury

Kraft has said it expects to make an additional $1bn in revenue by 2013 because of better access to global markets and distribution networks following its takeover of Cadbury earlier...

Deal sees Barry Callebaut double existing business with Kraft

Industrial chocolate supplier Barry Callebaut has secured a key, long-term supply contract with Kraft Foods, which will see the Swiss firm invest €51m to expand production capacity in North America,...

Cocoa initiative to boost farmer incomes and supply, claims Kraft

Kraft said work conducted by the Cadbury Cocoa Partnership initiative in Ghana will see more cocoa farmer organisations becoming Fairtrade certified by the end of 2010, to ensure sustainability of...

Kraft looks to packaging to protect chocolate from heat

Kraft Foods is reaching out to industry and academic partners to find a packaging technology that will protect chocolate bars from melting.

Cadbury helps Kraft to unwrap sweet first quarter profit

Food giant Kraft’s acquisition of UK confectionery company Cadbury in February 2010 helped the firm to a better-than-expected first quarter net profit of $937m (£590m), up from $827m in the...

Cadbury launches £50m Olympic marketing campaign

A Spots v Stripes sport challenge is the centre piece of Cadbury’s £50m marketing campaign linked to the Olympic and Paralympic Games to be staged in London in 2012.

Final UK-made Cadbury Crunchie bars from September

The final UK-made Crunchie bars will roll off production lines at Cadbury’s Somerdale site this autumn as part of the factory’s wholesale shutdown.

News in brief

Executives exit Dairy Milk maker post Kraft takeover

A glut of executives have exited Cadbury since it was takeover by US giant Kraft in February this year.

Kraft sells Romanian business to investment fund Oryxa

US food giant Kraft Foods has announced the sale of the Cadbury owned Kandia-Excelent chocolate, sugar confectionery and cake business in Romania to Oryxa Capital, an international investment fund, subject...

Lotte group set to acquire Wedel in Poland from Kraft

Ending months of speculation, Asian confectionery giant Lotte Group will acquire the Wedel business in Poland from Kraft Foods, subject to regulatory approval.

News in brief

Cadbury heiress to launch chocolate company - reports

The heiress to the Cadbury’s fortune is to sell her £27m country estate in a bid to launch a chocolate company, according to UK media reports.

Nestle frontrunner for Kraft’s Polish chocolate firm Wedel - analyst

Kraft Foods is accepting final bids for Wedel with Nestle best placed to secure the Polish chocolate business according to one industry insider.

Takeover Panel censures Kraft over Cadbury bid

The UK Takeover Panel this week issued a rare public censure of Kraft after the company was held in breach of the executive body’s code by going back on promises...

Kraft Food pledges commitment to Cadbury Ireland

Senior Kraft Food executives pledged their commitment to Cadbury Ireland this week in discussions with the Irish minister for Enterprise, Trade and Innovation, Batt O’Keeffe.

RSSL takes on global R&D role as Kraft restructures

Reading Scientific Services (RSSL) will house an expanded global science and technology centre supporting Kraft worldwide following a radical restructuring that will also see Cadbury Bournville transformed into a global...

Kraft Q1 revenues soar by 26 percent after Cadbury acquisition

US food giant Kraft has announced first quarter 2010 revenues up 26 percent to $11.3bn after its acquisition of British food and confectionery company Cadbury.

Healthy chocolates may need more sugar: Kraft study

Ensuring consumers reap the benefits from the beneficial compounds in cocoa may mean formulating products with more sugar, suggests a new study from Kraft.

Kraft mandates banks to sell Cadbury plants

US food group, Kraft, has recruited the services of financial powerhouses HSBC and BNP Paribas to help divest it of the Polish and Romanian businesses of Cadbury, according to media...

Kraft acted 'irresponsibly' in Cadbury takeover, claims UK report

Kraft’s reputation in the UK has been badly hit by its behaviour during the acquisition of Cadbury and it should be subject to continuous scrutiny over its subsequent pledges, claim...

Kraft pledges no Cadbury job cuts for two years

US food giant Kraft issued a public apology regarding the U-turn on its pledge to keep operational the Cadbury plant near Bristol, and it also promised to ensure no job...

Kraft CEO to miss UK political inquiry on Cadbury, report

Directors of both US food group Kraft and Cadbury are being called to account at a committee of UK politicians regarding the acquisition of the Dairy Milk maker tomorrow.

News in brief

Date confirmed for Kraft probe by MPs

A committee of politicians in the UK will meet next month to investigate the controversial takeover of chocolate firm Cadbury by US food giant Kraft, reports the Press Association.

Kraft silent on pension freeze impact for Cadbury

Kraft has announced that it will begin to end pension increases for current and non-union hourly employees from year end 2019 but the US food group did not provide any...

Kraft's Milka set to go head to head with Dairy Milk in UK

The Kraft owned chocolate brand Milka is to be launched across the entire UK market from April, just weeks after the US food giant purchased Dairy Milk maker Cadbury.

FSA issues allergy warning on Cadbury product

The UK Foods Standards Agency (FSA) has issued an allergy alert regarding Cadbury Chunks Bournville, due to the fact that it contains milk, which is not an intended ingredient.

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