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Manufacturers

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.

News in brief

Ferrero acquires hazelnut supplier Oltan

The world’s biggest hazelnut buyer Ferrero has purchased the world’s largest hazelnut processor The Oltan Group for an undisclosed sum.

Hershey follows Nestlé with price hike

Hershey has upped its global wholesale prices by 8% after responding to rising commodity costs including cocoa, dairy and nuts.

Cadbury’s Australia factory subsidy under fire

Australia’s opposition party has called for Cadbury’s A$16m government funding to upgrade its Claremont plant to be redirected to West Coast development projects.

Lindt buys Russell Stover: But life’s no longer like a box of chocolates in the US

Lindt’s Russell Stover acquisition gives it a stronger US foothold, but only in a declining category, say analysts, who argue expansion in emerging premium chocolate markets may have been a...

News in brief

Deal to acquire Russell Stover catapults Lindt into third place in US chocolate market

Swiss chocolate maker Lindt & Spruengli has struck a deal to buy US candy firm Russell Stover, turning Lindt (which already owns Ghirardelli) into the third-largest chocolate maker in the US behind...

Health ‘a strategic priority’ says Mars as it creates specialized health chief role

Mars has flagged health as a leading priority and has named Debra Sandler, former Mars Chocolate North America president, as chief health and wellness officer for the global company.

Will the UK’s first superfood truffles hit the functional choc sweet spot?

As start-up food business Sweet Virtues claims to be launching the UK’s first hand-made ‘superfood’ truffles, one industry pundit questions whether confectionery with a health dimension will ever move beyond...

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Rev7 gum maker Revolymer appoints new CEO

Degradable gum firm Revolymer has appointed Kevin Roger Kenneth Matthews as its new CEO.

Thorntons and Booker results: at a glance

High street confectioner Thorntons and cash and carry specialist Booker both posted financial results today (July 9).

News in brief

Candyking loses out to Cloetta as Coop pick & mix supplier

Coop Sverige has severed ties Swedish pick & mix firm Candyking and announced a deal with Cloetta to for a natural snacks pick & mix range.

Dori Alimentos looks to score in World Cup with its power player - peanuts

The World Cup will boost sales of peanut-based snacks in Brazil by as much as 30% in Q2, according to Brazil's leading peanut-based candy and snacks producer Dori Alimentos.

Arriba! Arriba! Nestlé taps fine flavor beans for Ecuadorian chocolate plant

Nestlé has opened a $16m chocolate molding and packaging line that will use fine flavor Arriba cocoa beans.

BBX Capital continues premium choc spending spree with Jer’s buy

Investment firm BBX Capital has snapped up another US premium chocolate company - Californian-based Jer’s Chocolates - and is on the look out for more buys, its president says.

News in brief

Buttermilk Confectionery to build $850,000 plant

UK handmade fudge maker Buttermilk Confectionery has acquired a new factory that doubles its production space.

It's a piece of cake! Lees and Tunnock’s enjoy tax rebate after snowball ruling

Scottish confectioners Lees  of Scotland and Tunnock’s will receive windfall tax rebates after the firms’ snowball products were ruled to be tax exempt cakes by a UK court.

Nestlé adds $9m Kit Kat line in Bulgaria

Nestlé has inaugurated a production line at its factory in Sofia that will produce a new Kit Kat chocolate dessert brand extension.

Sugar targets ‘counter productive’ in obesity battle

Introducing sugar targets, in a bid to battle Britain’s obesity crisis, would be counter-productive, said Susan Jebb, ahead of a key report from Scientific Advisory Committee on Nutrition (SACN).

The death of kingsize? UK confectioners agree 250 calorie cap

Food and Drink Federation (FDF) members including Mondelēz International have signed up to a 250 calorie cap on single-serve confectionery sold in the UK.

Duc d’O enters US to seize on thriving premium chocolate sector

Belgian truffle company Duc d’O Chocolates has continued its global expansion by entering the US market.

Mass-market gum makers unmoved by functional ingredients, says Fertin Pharma

Private label gum maker Fertin Pharma says that mass-market gum makers are content with existing health claims on sugar free gum and are unconcerned about boosting the effects through added...

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Godiva appoints new CEO

Yildiz Holding has appointed Mohamed Elsarky to run its Godiva Chocolate business.

Nestlé opens Crunch chocolate factory in Egypt

Nestlé has added an extrusion line to its existing dry goods plant in Egypt that will produce Crunch.

Fox’s Biscuits eyes premiumization to halt sales declines

UK firm Fox’s Biscuits plans to overhaul its brand image to boost domestic sales by 20% over the next three years and triple its exports, according to new managing director...

Kellogg, Nestlé, Mondelēz et al. promise to stop certain kids' ads by 2018

Over 20 major food firms have signed up to health and wellness pledges on advertisement to children, consistent product information, open access to formulation policies and employee wellbeing as part...

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Nestlé UK to pull Wonka bars

Nestlé will axe its Wonka bars in the UK after sales tailed off following a strong launch.

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