Follow the latest business news from the confectionery industry’s leading players such as Mondelēz International, Mars-Wrigley, Ferrero, Hershey, Haribo, Perfetti Van Melle and Nestlé and track developments at firms such as Lotte, Ülker, Arcor, Cloetta, Jelly Belly and Lindt.
Hershey has moved into the premium end of the meat snacking market with the acquisition of Sonoma, CA-based gourmet jerky maker KRAVE Pure Foods for an undisclosed sum.
Mondelēz and Mars have been accused of exploiting small businesses by extending payment terms to some UK suppliers from 60 to 120 days.
Mars Chocolate North America has that all of its ten factories have achieved zero-waste-to-landfill.
Sweet manufacturer Choc-Kits has come under fire for releasing a “fun” can of UKIP jelly babies on Amazon.
Tootsie Roll Industries’ long-standing CEO and chairman of its Board of Directors Melvin J.Gordon has died aged 95.
Belgian chocolate dragées firm Vanparys is aiming to build a network of wholesale partners to grow its export business.
Burton’s Biscuit Company has invested £5M at its Blackpool factory to build a new production line, boosting capacity.
Danish premium chocolatier Michelsen hopes to break into China after teaming with a start-up company that produces hollow Hans Christian Andersen books containing chocolate.
UK chocolate firm Thorntons has posted sales declines in the second quarter and has no other option but to follow major supermarkets downmarket, according to an analyst.
International Foodstuffs’ (IFFCO) has appealed a trademark case against Nestlé to South Africa’s top court.
Mondelēz International is letting 250 staff go at its chocolate factory at Bournville, which makes a range of Cadbury branded products, including Cadbury Dairy Milk.
Hershey plans to offload macadamia nut business Mauna Loa to Hawaiian Host for an undisclosed sum.
Lindt reached record annual sales this morning, surpassing CHF 3bn for the first time - surprising growth given cocoa price hikes and a tough market, an analyst says.
Ferrara Candy Company has agreed a deal with Irish healthcare firm Perrigo to manufacture a line of store brand gummy vitamins and dietary supplements for the US market.
The former president of Haribo of America has been appointed new president and CEO of the US division of PEZ.
Kellogg has secured a gateway to introduce its own brands in the promising MEA region by acquiring a controlling stake in Egyptian biscuit maker BiscoMisr, says an analyst.
Ex-president and CEO of Pez Candy Joseph Vittoria is to join Promotion In Motion as executive vice president and chief administrative officer.
Elmer Chocolate is aiming to be ‘the most efficient gift chocolate manufacturer in the world’ as it announces plans to add 70,000 square-foot to its production site in Ponchatoula.
Rajhans (Desai- Jain) Group has launched premium chocolate brand Hoppits under the Schmitten umbrella as it aims to become India’s leading luxury chocolate firm.
Chocolate maker Mars has invested a total of US$140m in new manufacturing facilities in Saudi Arabia and the UAE to increase production of its Galaxy and Snickers lines.
Wrigley UK has incorporated its Orbit brand into the Extra range to help drive sales and will also launch soft chew options to appeal to younger consumers.
International Chocolate Award winner Chocolaterie Robert says that fine chocolates, like fine wine, should process the main commodity freshly and at origin.
Hershey has acquired its contract manufacturer for Jolly Rancher and Lancaster brands in North America Allan Candy, which also owns a series of Canadian confectionery brands.
Hershey is considering replacing high fructose corn syrup with sugar in its product range in response to consumer demands.