Breaking News on Confectionery & Biscuit Processing

News briefs: Barry Callebaut, Cadbury and Rocky Moutain

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.

Peltz threatens Cadbury, pushes for change

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...

News briefs: Hershey, Wrigley and Cadbury

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.

Strong sales boost Cadbury revenue outlook

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.

Trian group increases Cadbury share

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...

Kraft denies Brazilian acquisition

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 will boost profits, analysts say

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.

News briefs: VAT row, Cadbury ballot and expensive chocolate

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 reveals demerger proposals

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 Q3 operating profit falls 20 per cent

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.

Union tackles Cadbury over factory closure

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.

Cadbury confectionery sales rise 10 per cent

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 goes green across supply chain

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.

Financial news: Cadbury, Cloetta and Rocky Mountain

Cheap labour pulls Cadbury eastwards, airport franchise boosts profits for a US chocolate company, and Cloetta is tempted by Swedish pastilles.

News briefs: Nestle, Cadbury and anthrax

A dose of this week's confectionery stories; Manufacturers get a sweet tooth for Eastern Europe plus Malaysia gets into a pickle over anthrax.

Cadbury highlighted for its green fingers

The Climate Disclosure Project yesterday highlighted Cadbury Schweppes as the best in its class for the actions it has taken against climate change.

News briefs: Nestle, squeezy chocolate and Cadbury

This week's news briefs include Nestle's new CEO, squeezy chocolate in a bottle, and Cadbury closing factories.

Kraft resets its focus to drive down costs

Kraft Foods will drive down costs by $1bn (€732m), rejig its global portfolio, and exploit its sales capabilities, in a bid to make the company more profitable, the company's top...

Cadbury's gum acquisition approved in Turkey

Cadbury's planned acquisition of the Turkey-based chewing gum manufacturer Intergum has been approved by the competition regulator, the company said today.

Internet campaign encourages a Cadbury re-launch

Cadbury last week said it will be re-launching its Wispa bar in the UK following pressure from social-networking sites.

Cadbury's reports decline in operating profit

Cadbury Schweppes today reported an operating profit decline of 6 per cent to £180m in the first-half of the year, particularly due to high input costs and restructuring costs.

Kraft loses copyright case

Food giant Kraft has lost against Euro-Excellence in a court case in Canada over the use of animal pictures on chocolate wrapping.

Cadbury wins bid for Japan takeover

Cadbury Schweppes has won its bid for Japan-based candy company Sansei Foods.

Cadbury Schweppes invests in gum confectionery

Cadbury Adams USA has extended its partnership with ingredients firm Senomyx in a bid to boost its gum business, the company announced this week.

Court fines Cadbury 1.5m over salmonella contamination

A UK court yesterday fined Cadbury-Schweppes £1m (€1.5m) for knowingly allowing salmonella-contaminated chocolates to be sold to the public last year.

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