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News in brief

Nestlé partners with Cargill, DS Smith, and Google in youth employment initiative

Around 200 companies have joined forces under Nestlé’s ‘Alliance for YOUth’ to tackle youth unemployment in Europe.

United Biscuits bid: Kellogg strong contender

A trade buyer looks set to acquire United Biscuits (UB) if a sale is decided upon, with Kellogg a strong contender among three core bidders, according to an industry expert....

News in brief

United Biscuits to axe 157 jobs amid sales speculation

UK firm United Biscuits plans to cut up to 157 jobs at its Manchester plant as rumors of a potential sale to Ülker, Kellogg or Burton’s mount.

Mondelēz consolidates global choco-bakery production in Hungary

Mondelēz has opened three production lines at its plant in Hungary to consolidate global production of Milka and Cadbury choco-bakery sandwiches.

Yowie secures Walmart trial in Texas

Toy-filled chocolate egg firm Yowie has secured distribution in 50 Walmart stores in Texas.

Baronie snaps up fellow Belgian firm Duc d’O

The Baronie Group has acquired Belgian truffle maker Duc d’O from Gudrun for an undisclosed sum.

Follow the light: LED-lit displays boost candy sales, claims Mars

Mars Chocolate North America and Wrigley have introduced cash counter racks illuminated with LED lighting that they claim can increase front end confectionery sales by 10-12%.

Thorntons boosts jobs and production

Thorntons has massively boosted profits, driven partly by increased output and efficiency in production, supported by 59 new manufacturing jobs.

News in brief

Lindt North America chief takes reins at Russell Stover

Lindt & Sprüngli has appointed its North America senior vice president Andreas Pfluger to lead the newly acquired Russell Stover business.

‘Got Milk’ owner sues Bridge Brands Chocolate in trademark spat

The California Milk Processor Board has accused confectioner Bridge Brands Chocolate of unlawfully using and sub-licensing its “Got Milk?” slogan to Melville Chocolate and is seeking remedies in a US...

Nestlé, ADM and Cargill can’t escape liability for cocoa child slavery, rules court

A US appeal court has ruled that Nestlé, ADM and Cargill can be held to account for aiding and abetting child slavery in Côte D’Ivoire and has allowed a US...

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VIYM acquires Russian chocolatier French Kiss

Private equity firm VIY Management (VIYM) has acquired Russian premium chocolate producer, French Kiss.

Strauss pays $2.5m to settle Cadbury Israel lawsuit

The Strauss Group has reached a NIS 9m ($2.5m) out-of-court settlement with Cadbury distributor Carmit Candy, bringing a 12-year court battle to an end.

News in brief

AAK investing in new edible oils factory in eastern China

Edible oils major AAK will make a significant investment in China for a speciality and semi-speciality edible oils factory in Zhangjiagang, Jiangsu province. 

Recession hits Ferrero’s plans for a UK factory

Ferrero’s plans to build a new production facility in the UK and double its sales here to £400M by 2015 were abandoned because of capital expenditure constraints, it has been...

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Hershey chief financial officer to retire

David W. Tacka, senior vice president and CFO, intends to retire from Hershey at the end of the year. His successor is not yet known.

Nestlé enters traditional trade channels in Singapore with DKSH

Nestlé has extended its partnership with expansion services firm DKSH to bring confectionery brands such as Kit Kat, Milo Confectionery and Uncle Toby’s to traditional trade channels in Singapore.

News in brief

United Biscuits invests $33m in India operation

UK-based United Biscuits will up its investment in India from £30m ($49m) to £50m ($82m).

Kellogg’s interest in Egyptian snack maker BiscoMisr ‘makes sense’

Kellogg has bid for a 51% stake in Egyptian biscuit and breakfast cereal firm BiscoMisr, according to a filing in Egypt’s stock exchange – a move which would makes sense,...

Mondelēz picks Poland over Botswana for African gum

Mondelēz International will close its chewing gum plant in Botswana and move production to Poland as African consumers ditch pellet gum for slab gum.

Hershey defends Reese’s and York in trademark war

Hershey has filed a lawsuit against LBB Imports accusing it of infringing multiple trademarks on products such as Reese’s and York by importing similar brands into the US such as...

Hershey unveils new logo, brand makeover: 'Today we are much more than the Great American Chocolate Bar'

Hershey has unveiled a new logo as part of a corporate brand makeover designed to reflect its “evolution from a predominately U.S. chocolate maker to a global confection and snack...

Orkla ups chocolate game in the Baltics with Laima buy

Norwegian group Orkla has acquired Latvian company NP Foods Group and its Laima chocolate brand.

Ghirardelli shells out $5m to settle ‘fake’ white chocolate suit

Lindt & Sprüngli's US subsidiary Ghirardelli Chocolate has settled a class action lawsuit over allegations its Premium Baking Chips – Classic White misled consumers by claiming to contain white chocolate.

News in brief

Financial Briefs: Tootsie Roll, Petra Foods and Meiji

Increased interest in cocoa polyphenols helped Japanese confectioner Meiji grows sales in its latest financial results, while Petra Food and Tootsie Roll also reported sales growth in Q2.

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