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Hershey names CFO and Mondelēz picks North America head

Hershey has appointed Patricia A. Little as its new chief financial officer, while Mondelēz has named Roberto Marques as president of its North America business.

Polish consolidation

200 layoffs: Mondelēz to streamline Irish choc plants and shut gumbase factory

Mondelēz International plans to close its Tallaght chewing gum ingredient factory and will restructure chocolate production in Ireland, resulting in around 200 job cuts.

Snacking power house talks about ‘regional jewels’ at Packaging Innovations 2015

Developing markets account for 44% at Mondelēz International with plans to expand into more ‘white space’

Mondelēz kicked off the Packaging Innovations tradeshow at the NEC in Birmingham, UK, today talking about its developing markets and ‘regional jewels’.

Yowie wins listings at major US supermarkets

Toy-filled confectionery brand Yowie has secured US distribution in nationwide Walmart and Safeway stores.

Nestlé to dump artificial flavors in Europe, but tightlipped on price hikes

Nestlé says it will remove artificial flavors in confectionery across Europe, but refuses to confirm whether it will implement European price hikes to offset declining confectionery margins.

Candy at CAGNY

‘We’ll continue to seek tack-on acquisitions’: Mondelēz to shop in emerging markets

Mondelēz International says it will continue to look for complementary acquisitions in emerging markets after acquiring Vietnam’s Kinh Do.

Candy at CAGNY

Mondelēz to go global with Marvellous Creations range

Mondelēz International plans to roll out its Marvellous Creations range across the world and says the platform will draw in $500m in revenues by 2018.

Nestlé profits jump despite slow growth

Nestlé missed its growth estimate for 2014 and has forecast around 5% growth for 2015 – at the low end of its previous target of 5-6%.

‘Ferrero is not and will not be up for sale,’ says CEO

Ferrero’s CEO has dismissed speculation the firm will be sold following the death of owner Michele Ferrero.

Raaka’s “virgin chocolate” tests the limits of where the confection can go

Brooklyn start-up Raaka is carving out space in the crowded chocolate category by skipping the traditional step of roasting the cocoa bean to create “virgin chocolate” that highlights the “true...

Enjoy Life Foods sells to Mondelez International: 'We're growing fast, but we're impatient. Now is the time to really expand distribution'

Being part of a multinational company will enable Enjoy Life Foods to significantly boost its distribution and accelerate the innovation process, chief marketing officer Joel Warady told FoodNavigator-USA after the...

Richest candyman Michele Ferrero dies as company rises in China and Russia

The world’s richest confectioner Michele Ferrero, owner of the Ferrero Group, has died aged 89 as his company gains traction in emerging markets.

236 jobs saved: Baronie acquires Ashbury Chocolates

Baronie has acquired UK private label chocolate firm Ashbury Chocolates, which entered administration earlier this month.

Cloetta to axe 30 jobs as Italian sales slump continues

Scandinavian confectioner Cloetta plans to cut 30 employees in Italy after sales in the market declined for the fourth consecutive quarter.

Mondelēz to exit retailers that rejected price hikes

Mondelēz International will withdraw from certain retail customers in Europe that have refused chocolate price hikes. 

Canada 'chocolate cartel' update

Mars and Nestlé win evidence battle in chocolate price collusion case

Two confectionery giants have won access to Hershey and Cadbury’s leniency filings in a criminal case in Canada that accuses them of colluding to fix chocolate prices.

News in brief

Former Maxfield Candy chief to lead BBX Sweet Holdings

Private equity firm BBX Capital has chosen ex-Maxfield Candy president Rick Harris as president of its confectionery division

ISM award winner: SoundyCandy founder shares vision

SoundyCandy: We’ve cracked the ‘impossible’

A hard boiled sweet that acts like popping candy is something confectionery giants have tried and failed for years, but we’ve done it, says Turkish start-up Toller Gida.

‘Flying off shelves’: Nestlé invests $8m in UK Butterfinger Cups line

Nestlé plans to invest £5.25m ($8m) to add a Butterfinger Peanut Butter Cups line at its Halifax UK factory to serve growing demand in the US.

Wrigley to close Canada plant after North America sales gum-up

Wrigley plans to close a plant in Toronto, cutting 383 jobs, following a decline in gum sales in North America.

FLOCERT to verify Mondelēz's cocoa program

Mondelēz adds further third party verification to Cocoa Life program

Mondelēz International has announced that certification body FLOCERT will join Havard University in verifying the chocolate firm’s cocoa sustainability program Cocoa Life.

Ricola CEO bags ISM Award 2015

Ricola owner and CEO Felix Richterich has won the ISM Award 2015 for exceptional services to the confectionery and snack sector.

Personality of the Year runner-up

‘Hard candy superfreak’ eyes organic growth for Torie & Howard

Torie & Howard CEO Torie Burke, a self-confessed ‘hard candy superfreak’, is hoping to grow her company’s distribution across the US and Western Europe as one of the few organic...

Jon Sebastiani: 'It was always going to be a bittersweet moment'

KRAVE Jerky founder on why he teamed up with Hershey: 'I like speed. I like things to happen big and bold and fast'

The day when any entrepreneur decides to sell his business is “always bittersweet” KRAVE jerky founder Jon Sebastiani tells FoodNavigator-USA. But joining a company with the horsepower of Hershey will...

Hershey bites into premium meat snacks market with acquisition of KRAVE jerky

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.

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