Markets

07-Nov-2002 - British sugar and sweeteners group Tate & Lyle on Thursday reported a jump in half-year profits with underlying pre-tax profit for the six months to...

UB to sell Fontaneda to Siro group

06-Nov-2002 - United Biscuits, the UK-based bakery group, has agreed to sell its Fontaneda unit in Spain to the Siro group in a deal valued at around...

Suedzucker predicts double-digit rise

05-Nov-2002 - German sugar producer Suedzucker last week reported that sales fell 7.4 per cent in the first half ended 31 August, but operating profit rose 18...

Thorntons gears up for Christmas

31-Oct-2002 - Thorntons, the UK-based speciality retailer and manufacturer of chocolate, toffee and other sweet special foods, has reported steady like-for-like sales growth in the first few...

Sugar bail-out less than sweet

30-Oct-2002 - A federal government bail-out of the Australian sugar industry was under threat on Tuesday after business and opposition groups,in particular food manufacturers, objected to a...

Good third quarter for Scandinavian confectioner

24-Oct-2002 - Cloetta Fazer, the confectionery group created in 2000 via the merger of Sweden's Cloetta and Finland's Fazer, has reported a "significant" increase in earnings for...

Cadbury, Nestlé to fight it out for Adams

14-Oct-2002 - When the Hershey Foods business was put up for sale earlier this year, the front runners for the company were thought to be the European...

United Biscuits ready to close Fontaneda

07-Oct-2002 - United Biscuits, the UK biscuit and snack group, has warned that it will simply close its Fontaneda subsidiary in Spain if an agreement cannot be...

Hershey Trust bows to pressure over future sale

27-Sep-2002 - The furore surrounding the proposed sale by the Hershey Trust of its controlling stake in the Hershey Foods confectionery group is unlikely to be seen...

Pfizer chief quick to dispel Cadbury rumours

24-Sep-2002 - Now that the Hershey fiasco is no longer making the headlines, the rumour mill has turned its attention to another US confectionery group, Adams. The...

A tale full of sound and fury…

18-Sep-2002 - The Hershey Foods saga has kept the headline writers busy over the last few weeks, with the on/off sale of the business leading to a...

Barry Callebaut to buy out remaining Stollwerck shares

17-Sep-2002 - Swiss confectionery group Barry Callebaut has confirmed that it is to make an offer of €295 per share for the outstanding 3.9 per cent stake...

Nestlé, Cadbury still discussing Hershey deal

16-Sep-2002 - The sale of the Hershey confectionery company in the US might well have been postponed by the courts, but this has not prevented companies interested...

No decision yet on Hershey sale

12-Sep-2002 - Yesterday's hearing by a Pennsylvania court of Hershey Trust's appeal against the injunction blocking the sale of the Hershey confectionery company was adjourned indefinitely, effectively...

Thorntons sees expansion as route to success

11-Sep-2002 - Expanding its portfolio to include such products as ice cream, liqueurs or sauces is seen as the most likely means of generating future growth by...

Hershey sale no foregone conclusion

10-Sep-2002 - The sale of the Hershey Foods business in the US has been in the news on almost a daily basis over the last few weeks,...

Nestlé, Cadbury still linked to Hershey buy

09-Sep-2002 - The sale of the Hershey Foods business in the US was put on hold by the courts last week pending an investigation into the social...

Hershey sale put on hold - for now

05-Sep-2002 - A major battle was won yesterday in the war to keep Hershey American with the successful bid by Pennsylvania Attorney General Mike Fisher to postpone...

Cadbury, Nestlé to share Hershey?

02-Sep-2002 - Rumours that European confectionery giants Cadbury Schweppes and Nestle are preparing a joint bid for their US counterpart Hershey have been played down by the...

Chocolate takeover approved

07-Aug-2002 - Swiss chocolate company Barry Callebaut said this week that it has received antitrust approval to take over Germany's Stollwerck for CHF256 million (€175m). Barry Callebaut...

Nestlé quiet on Hershey sale

05-Aug-2002 - Swiss food group Nestle on Friday declined to comment on market talk it might want to buy US confectionery maker Hershey, but said it would...

Caramel colours take the natural look

05-Aug-2002 - "We have seven production plants on five continents," Ted Nixon, CEO of US caramel colour company DD Williamson, told FoodNavigator.com. Based in Kentucky, the company...

Quest knocks ICI results

02-Aug-2002 - Imperial Chemical Industries (ICI) yesterday warned that technical problems at one of its food flavour plants in Holland would wipe £10m (€15.83m) off second-half profits,...

Sime enters JV with Petra

05-Jul-2002 - Conglomorate Sime Darby of Malaysia has entered into a joint-venture agreement with Singapore-based Petra Food to manufacture and trade finished chocolate confectionery products. The agreement...

Tate & Lyle bounce back

07-Jun-2002 - Tate & Lyle, the world's biggest sugar company, has unveiled a sharp increase in profits driven by strong sales in its sweetners and starch division,...