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Cadbury finalises $1.3m settlement in chocolate price fixing conspiracy

A US Federal judge has accepted Cadbury’s $1.3m (€995,863) offer to settle in class action lawsuit over its alleged part in a suspected chocolate price fixing scandal also involving Nestle,...

New Cloetta becomes biggest player in Scandinavia and overtakes Kraft in Sweden – analyst

Swedish confectioners Cloetta and Leaf have sealed a €753m merger making it the largest confectionery company in Scandinavia, according to an analyst from Euromonitor.

Scottish firm Nisha acquires Millar Confectionery and plans new factory

Scottish-based Nisha Enterprises has acquired Millar Confectionery for an undisclosed fee and plans to open a new sweet factory in Livingston, Scotland.

Swedish confectioners Cloetta and Leaf merge in €753m deal

Cloetta and Leaf have sealed a €753m merger as the companies eye market leadership in the Nordic region.

Kraft’s carbon emissions from plants ‘negligible’

The vast majority of Kraft Foods’ carbon emissions come from outside its manufacturing facilities, according to a survey mapping its environmental footprint, but the full picture may look quite different...

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Robert Malcolm joins Hershey Board

Former Diageo executive Robert Malcolm has been elected to join Hershey’s board of directors.

Hershey to acquire Canadian confectionery firm Brookside Foods

The Hershey Company has said it will acquire Canadian confectionery firm Brookside Foods for an undisclosed sum.

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Nestle gets green light for Hsu Fu Chi takeover

Food giant Nestle has received regulatory approval to gain a majority share in Chinese confectioner Hsu Fu Chi.

Kraft to axe 200 Cadbury jobs and invest £50M

Cadbury-owner Kraft Foods is to cut 200 jobs while investing £50M in chocolate and biscuit manufacturing.

Kraft’s snacks spin-off targets Asia and Latin America as Rosenfeld appointed head

Developing markets are to make up almost half of revenues for Kraft’s global snacks business as the spin-off business announces Irene Rosenfeld as its head.

Insolvency affects fewer food firms

The food manufacturing sector has seen a fall in the number of companies becoming insolvent, according to a new study.

Second buys third in Romanian chocolate race

The second largest player on the Romanian chocolate market Kandia Dulce has acquired former competitor Supreme Chocolat, the third largest player, which could put pressure on market leader Kraft, according...

Unite slams ‘massive arrogance’ of Kraft boss

Unite the Union has slammed Kraft ceo Irene Rosenfeld for failing to appear before a parliamentary select committee and accused her of “massive arrogance” and “a total disregard” for her...

Nestle steps up production in Spain with €10m investment

Spanish chocolate confectionery market leader Nestle has invested €10m on a new production line its factory in La Penilla de Cayon to drive growth in the Mediterranean.

North American acquisition helps AAK build platform for growth

Swedish ingredients firm AarhusKarlshamn (AAK) has announced improved sales and operating profit in its third quarter (Q3) results partly due to increased volumes from its acquisition of North American speciality...

Kraft Foods shows strong performance in European chocolate and snacks

Kraft Foods has announced improved turnover in its third quarter results, boosted by enhanced sales in Europe and developing markets.

Ferrero to build €90m site in Turkey to seize upon another growing market

Ferrero has announced plans to build a new factory in Turkey in the province of Manisa to leverage its position in a confectionery market that has grown 120% since 2004,...

Hershey is king of the swingers in c-store segment

The king-size candy bar has emerged as the fastest growing pack type in convenience stores this year and was a key driver of sales for Hershey in the third quarter,...

Ferrero to tap into rapid Indian chocolate growth with new production site – analysts

Italian chocolatier Ferrero has opened its first production facility in India; a chocolate market analysts have said has huge potential.

Wrigley and Kraft opt for smaller gum packs for cash-strapped US consumers

Gum titans Wrigley and Kraft Foods plan to introduce smaller five-piece chewing gum packs at reduced rates to boost US sales and reflect consumer spending trends.

Nestlé performance in Europe surprises analysts

Nestlé’s sales for the nine months to the end of September rose 7.3% to reach CHF60.89bn (€49.24bn), slightly short of expectations, but its positive European performance blindsided analysts.

Travel products boost profits for Cloetta but lower sales announced in end of year results

Nordic confectioner Cloetta has seen a slight improvement in profits compared to the same quarter last year driven by travel trade sales in Sweden, Norway and Finland.

Kraft Foods ups investment in apprentices to plug skills gap

Kraft Foods is looking to plug an engineering skills shortage by doubling the number of apprentices it employs in the UK and Ireland.

News in brief

Tangerine Confectionery snaps up Highland Toffee

The largest UK-owned sugar confectionery and popcorn maker, Tangerine Confectionery has acquired retro sweet brands Highland Toffee and Wham Bars.

Pobeda’s €5m expansion ‘will boost competitiveness’

Bulgaria's leading home-grown confectionery maker, Pobeda, has completed the installation of two new production lines that will boost its output by a third, the company said this week.

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