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.
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...
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.
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.
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.
A glut of executives have exited Cadbury since it was takeover by US giant Kraft in February this year.
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...
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.
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...
Ending months of speculation, Asian confectionery giant Lotte Group will acquire the Wedel business in Poland from Kraft Foods, subject to regulatory approval.
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.
Danisco achieved 6 per cent in revenue for its full year 2009/10 and strong profit growth; all divisions with the exception of sweeteners contributed to its margin expansion.
Lithuanian company Eva Grupe has been given clearance by Poland’s competition regulator to attain a majority stake in Polish confectioner Mieszko.
Union members at Nestlé’s York chocolate factory have rejected an offer from company bosses of a 1% pay rise but agreed to resume talks.
Hershey is modernising its production facilities in a $250 to $300m investment plan that will see the company move out of a century-old chocolate factory and cut 500 to 600 jobs.
Kraft Foods is accepting final bids for Wedel with Nestle best placed to secure the Polish chocolate business according to one industry insider.
Indian joint venture Godrej Hershey is reported to be introducing chocolate products into amdist strong competition from dominant players such as Cadbury and Nestlé.
The UK Takeover Panel this week issued a rare public censure of Kraft after the company was held in breach of the executive body’s code by going back on promises...
UK chocolate maker and retailer, Thorntons, should renegotiate on own shop leases in order to claw back some lost profits, claims an analyst as the group issues another pre-tax profit...
Senior Kraft Food executives pledged their commitment to Cadbury Ireland this week in discussions with the Irish minister for Enterprise, Trade and Innovation, Batt O’Keeffe.
Private equity fund Eva Grupe is set to make a bid for Polish confectionery company Mieszko, according to media reports.
Reading Scientific Services (RSSL) will house an expanded global science and technology centre supporting Kraft worldwide following a radical restructuring that will also see Cadbury Bournville transformed into a global...
US food giant Kraft has announced first quarter 2010 revenues up 26 percent to $11.3bn after its acquisition of British food and confectionery company Cadbury.
US chocolate maker, Hershey, said it is still open to international expansion and it claims acquisitions will be made easier by the fact that the global chocolate markets are still...
Nestlé UK has offered staff at its York factory a 1% pay rise in order to avert the threat of industrial action.
In a review of manufacturing operations as part of ongoing initiatives to remain competitive, Mars UK said that there could be potential job losses at its facility in Slough.