In financial news this week, cocoa prices go up yet again, Cadbury reveals more de-merger plans, and Sweet China is allowed to return to the London stock market.
Cadbury today set a timetable for the planned demerger of its beverage arm, with the process expected to be completed by 7 May this year.
Weakening debt markets may force Cadbury to put the de-merger of its US beverage arm on hold, an investment bank predicted last week.
Global confectionery firm Cadbury has created a new European headquarters in Switzerland, as part of the company's attempts to consolidate its operations within the bloc, local news reports have stated.
The sale of Cadbury subsidiary Monkhill is finalised, a Hershey director leaves his post, and the Swiss sweet industry experiences stable sales at home but higher sales abroad.
Global confectionery giant Cadbury has stepped up its microbiological surveillance by adopting the Pathatrix pathogen testing system, according to its creator.
Global food giant Kraft yesterday posted fourth quarter profit losses of six per cent, despite higher volume sales of chocolate, biscuit and beverage brands.
Cadbury today launched a fund to aid its cocoa suppliers in Ghana, after research suggested that average production in the region is now 40 per cent lower than the potential yield.
UK-based confectioner Tangerine agreed Friday to purchase some of the country's most iconic confectionery brands including Barratt Sherbet Fountains and Butterkist popcorn from market leader Cadbury Schweppes.
Cadbury has this week confirmed it will continue with plans to switch some UK production to Poland, sparking accusations that the confectioner will be adding 12 million food miles to...
Swiss-based Barry Callebaut hopes to profit from China, Cadbury denies selling its Australian beverage arm, and Rocky Mountain focuses on franchises after poor Q3 sales.
The Trian investment group, led by Nelson Peltz, yesterday called for Cadbury to make a raft of improvements to its operations, threatening to take matters out of management's hands if...
Hershey may remove mint packaging that looks like drug pouches; Wrigley's credit rating is improved by analyst; and internet viewer vote the Cadbury gorilla ad the best commercial of 2007.
Cadbury today said it expects confectionery revenue growth to exceed the 2007 four to six per cent target range, thanks to revenues from the UK chocolate and the US gum markets.
The US hedge fund group Trian, run by active investor Nelson Peltz, has increased its stake in Cadbury from 3.47 per cent to approximately 4.5 per cent, the confectionery company...
Global food giant Kraft yesterday denied making a bid for Brazilian poultry company Perdigao, despite a flurry of merger and acquisition activity over the last year.
Cadbury's de-merger of its US beverage business should increase margins for the confectionery business by 4.6 percentage points, despite an initial cost of £1bn, estimates Credit Suisse.
Premier Foods is resisting confectionery tax on fruit bars, Cadbury staff vote to reject closure plans, and a New York restaurant charges $25,000 (€17,000m) for the most expensive chocolate dessert...
Cadbury Schweppes yesterday filed regulatory documents outlining the demerger of its Americas beverage business into a new company, revealing the company's strategy to maintain its position as the world's largest...
Kraft Foods Inc today posted a 27 per cent decrease in operating profit for the third quarter, blaming high dairy and other commodity costs for the tumble.
UK union Unite yesterday announced it would ballot its members for strike action, as Cadbury's plans to close one UK factory and reorganise another will result in job losses.
The Cadbury Schweppes drive to boost margins is full steam ahead, boosted by the demerger of an underperforming drinks arm, as the company today announced confectionery revenues grew by ten...
Cadbury Schweppes today announced it will publish data on greenhouse gas emissions from across its global supply chain, as part of plans to reduce its carbon footprint by 50 per cent.
Cheap labour pulls Cadbury eastwards, airport franchise boosts profits for a US chocolate company, and Cloetta is tempted by Swedish pastilles.
A dose of this week's confectionery stories; Manufacturers get a sweet tooth for Eastern Europe plus Malaysia gets into a pickle over anthrax.