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Kraft opens £17M R&D centre at Bournville

Kraft Foods has opened its new Global Research and Development (R&D) Centre at Bournville, as part of a £17M investment in the UK.

Lindt seeks foothold in new markets ‘as quickly as possible’

Swiss chocolatier Lindt & Sprüngli has posted stagnant sales in its 2011 results and says it must look to new markets to foster growth.

Ferrero plans first production site in Mexico

Italian confectioner Ferrero has announced plans to construct a $190m production plant in Mexico - its first in the country.

Cloetta divests Belgian operation

Scandinavian confectioner Cloetta has announced the sale of its Belgian distribution business to German firm Katjes International.

Power brands and BRIC countries drive growth for Kraft in 2011

Kraft Foods has posted growth in its 2011 results driven by strong performance for its power brands and BRIC and European markets.

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Vonpar grows in vacuum left by Nestle and Kraft with new Brazilian chocolate factory

Vonpar has announced plans to build a €51.9m (R $118m) chocolate production facility in Brazil for its Neugebauer business as it aims to plug market gaps left by giants Nestle...

Mars plans $60m Galaxy factory in Saudi Arabia

Mars has announced plans to build one of the largest chocolate factories in the Middle East with an initial $60m investment.

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Kraft appoints new legal head

Food giant Kraft Foods has appointed Gerhard "Gerd" W. Pleuhs to lead its global legal team after its current head plans to leave in April.

Sun sets in East: Emerging markets deliver for Nestle in 2011

Food giant Nestle has recorded modest growth in 2011 driven by strong performance in China and other emerging markets leading its CEO to say wealth potential is moving from West...

Thorntons plans store closures as profits slump

UK chocolatier Thorntons has suffered a 63% decline in profits in its half yearly report and intends to close almost half of its own stores and focus on commercial retail sales.

Scandinavian market decline hits the new Cloetta

Swedish confectioner Cloetta has suffered a loss in its fourth quarter results as its merger with Dutch firm Leaf International gets regulatory approval.

Olam leverages African position with $167M Nigerian biscuit and candy acquisition

Singapore-based ingredients firm Olam has acquired Nigerian biscuit and candy maker Titanium Holding Company for $167M as it looks to seize upon the developing African market.

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BIP strengthens UK position with What Next Candy acquisition

Dutch confectionery firm BIP Candy & Toy has acquired British-based What Next Candy for an undisclosed sum.

Natra establishes chocolate subsidiary after reorganisation

Spanish firm Natra has announced a new international chocolate subsidiary as it attempts to improve efficiency and explore new markets.

Hershey records growth as international markets shine

The Hershey Company has announced improved sales and gross profit in its fourth quarter (Q4) and end of year results as sales in emerging markets soared.

Zetar establishes French subsidiary

UK-based confectionery and snacks firm Zetar has established a French subsidiary to leverage its position in continental Europe.

Sensient opens new color and flavor factory in Sao Paulo, Brazil

Wisconsin-based colors, flavors and fragrances giant Sensient Technologies has signaled its ambitions in the fast-growing Brazilian food market with the opening of a new color and flavor complex in Jundiaí,...

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Asian orders drive growth for Bühler

Food technology group Bühler has announced 12.5% growth in sales for 2011 due to increased orders from new customers in Asia.

Kraft to cut 1,600 jobs in preparation for company split

Kraft Foods has said it will cut about 1,600 jobs from its US and Canadian workforce over the next 12 months, as it prepares to split into two separate companies.

Lindt sales behind expectations with Nestle takeover possible – analyst

Swiss chocolatier Lindt has recorded sales below market expectations and could be subject to a takeover from Nestle, according to an analyst from Kepler Capital Markets.

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Ferrero Group appoints new md

Confectionery firm Ferrero Group has appointed Pieraldo Oldano as the new md of Ferrero UK & Ireland.

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Thorntons sales fall below expectations over festive period

UK chocolate firm Thorntons has announced that its second quarter sales had fallen below expectations in a trading update issued today.

Mars France expands M&M production capacity with €40m investment

Mars Chocolat France has announced plans for a multimillion investment in its Haguenau plant that will boost the site’s production capacity by 20%.

Tangerine Confectionery acquires Smith Kendon brands

UK-based Tangerine Confectionery has added two Smith Kendon brands to its portfolio as it continues to expand through brand acquisitions.

Nestle UK moves HQ from Croydon to Gatwick

Nestle UK has announced today that it is to move its head offices from Croydon to a site near Gatwick by the end of 2012.

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