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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

Up-to-date FAO reports may stop food price volatility

A system providing up-to-date information on global food stocks could prevent abrupt price hikes that could threaten food security.

Half year sales jump up 43 per cent for UK confectioner Lees

UK confectionery and bakery maker Lees Food claims an increased focus on production planning helped generate greater efficiencies and boost growth as it announces a 43 per cent jump in...

Cadbury reverts to tin for Roses on back of consumer sentiment

Consumer sentiment is forcing confectionery manufacture Cadbury to revert to metal tin for its long established brand, Roses, following an unsuccessful trial-run of cardboard packaging for the chocolates in the...

UK confectioner Zetar secures funds to meet growth targets

UK based confectionery and snack foods firm Zetar said a refinancing deal with lender HSBC Holdings to the tune of £45m will help it meet its organic sales growth plans...

News in brief

Nestle to build R&D centre in India

Nestle is investing around CHF50m in a new R&D centre in Gurgaon, India, as it expects 45 per cent of its global sales to come from emerging markets within a...

Pay row threatens production at Scottish teacake maker Tunnock's

Production of more than a million teacakes could be in jeopardy if a strike at leading Scottish biscuit and confectionery maker, Tunnock’s, goes ahead.

Kraft predicts additional $1bn revenue from Cadbury

Kraft has said it expects to make an additional $1bn in revenue by 2013 because of better access to global markets and distribution networks following its takeover of Cadbury earlier...

Deal sees Barry Callebaut double existing business with Kraft

Industrial chocolate supplier Barry Callebaut has secured a key, long-term supply contract with Kraft Foods, which will see the Swiss firm invest €51m to expand production capacity in North America,...

News in brief

Job losses due at Swedish confectioner Cloetta

Swedish confectioner Cloetta has said job cuts will follow its investment in machinery aimed at boosting efficiency at its plant in Ljungsbro.

Nestle invests in premium Russian choc plant

Nestlé reports that an upgrade to its premium chocolate manufacturing facility in the Samara region of Russia will transform it into a key competence centre for confectionery products in Europe.

Comment

Don’t worry about wheat prices: Look at grain stocks

There’s nothing like a shortage of wheat to send some news media searching for superlatives. Talk of “soaring” wheat prices and “rocketing” bread prices were common, in the British press,...

Mars rolls out chocolate bars with reduced saturated fat

New reformulated Mars chocolate bars are going on sale in Europe with 15 to 20 per cent less saturated fat than their predecessors.

High carmine prices boost search for alternative colours

Suppliers of the food colouring carmine are taking a cautious approach to new customers, as the industry continues to feel the impact of supply shortages, which this year sent prices...

Chocolate category proving winner for Nestlé in India

Nestlé chocolate products recorded double-digit growth in emerging markets, driven partly by the performance of the lowest priced products in its portfolio, said the group as it posted gains of...

News in brief

£1.7m investment at Zeina Foods

Nuts, dried fruits and confectionery firm Zeina Foods has boosted its cold storage capacity by 70% following a £1.7m investment in a new cold store.

Cadbury helps Kraft to unwrap sweet first quarter profit

Food giant Kraft’s acquisition of UK confectionery company Cadbury in February 2010 helped the firm to a better-than-expected first quarter net profit of $937m (£590m), up from $827m in the...

Cadbury launches £50m Olympic marketing campaign

A Spots v Stripes sport challenge is the centre piece of Cadbury’s £50m marketing campaign linked to the Olympic and Paralympic Games to be staged in London in 2012.

Final UK-made Cadbury Crunchie bars from September

The final UK-made Crunchie bars will roll off production lines at Cadbury’s Somerdale site this autumn as part of the factory’s wholesale shutdown.

Roshen to invest €8m in Lithuania caramel plant upgrade

Ukrainian confectionery group, the Roshen Confectionary Corporation, has announced that is planning to invest €8m in the modernization of its caramel production facility in Lithuania.

News in brief

Executives exit Dairy Milk maker post Kraft takeover

A glut of executives have exited Cadbury since it was takeover by US giant Kraft in February this year.

Asia still focus for Hershey as Q2 income down

Second quarter income for US chocolate maker, Hershey, fell 35 per cent due to factors such as charges related to its supply chain efficiency programme and the joint venture in...

Chocolate dividend scheme proves lucrative for UK firm

An innovative scheme involving the return of dividends to investors in batches of premium chocolate has raised £3.7m for UK company Hotel Chocolat’s facility and retail outlet expansion plans.

Kraft sells Romanian business to investment fund Oryxa

US food giant Kraft Foods has announced the sale of the Cadbury owned Kandia-Excelent chocolate, sugar confectionery and cake business in Romania to Oryxa Capital, an international investment fund, subject...

Lotte group set to acquire Wedel in Poland from Kraft

Ending months of speculation, Asian confectionery giant Lotte Group will acquire the Wedel business in Poland from Kraft Foods, subject to regulatory approval.

News in brief

Cadbury heiress to launch chocolate company - reports

The heiress to the Cadbury’s fortune is to sell her £27m country estate in a bid to launch a chocolate company, according to UK media reports.

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