SUBSCRIBE

Breaking News on Confectionery & Biscuit Processing

News > June 2017

« Previous month

Hershey to swap laydown bags for standup pouches

Hershey plans to convert all individually wrapped chocolate from laydown bags to standup pouches in the near future as the company targets center store sales.

Sonoco to acquire Clear Lam Packaging for $170m

Packaging company Sonoco has signed an agreement to acquire 100% of the stock of Clear Lam Packaging, Inc., a developer and manufacturer of flexible and forming plastic packaging films, for...

M&A

Nuts.com acquires Kopper’s Chocolate in multimillion-dollar deal

Nuts.com has acquired gourmet chocolate brand Kopper’s Chocolate and has relocated the brand to its New Jersey headquarters.

Sustainable packaging: Hershey moves to retail-ready cases

Hershey will convert all its packaged chocolate candy brands, including Kisses Milk Chocolate, into retail-ready cases by the end of July 2017. 

Startup Watch

TRŪ Chocolate spots US market gap for premium sugar-free dark chocolate

Startup TRŪ Chocolate has entered the US market with xylitol-sweetened dark chocolate and already has a listing with a mainstream retailer.

Barry Callebaut-owned American Almond’s new facility opened in New Jersey

American Almond has opened its new facility that it moved from Brooklyn, New York, to Pennsauken, New Jersey, to expand its nut-based products portfolio. 

Sugar tax study: compelling evidence to carry out 'fascinating experiment in public health policy'

Overweight and obese children tend to drink more sugar-sweetened drinks than those of normal weight, making a “compelling case” for taxing the beverages, according to researchers in Ireland.

Supply chain performance not profitability at heart of food firms’ voluntary sign-up

Motivations for voluntarily implementing food traceability schemes stem not from the need to maximise profits but enhance information, safety and quality management within the supply chain.

Nuts, seeds and trail mixes set to outperform savory biscuits in the US

Euromonitor projects value sales in the nuts, seeds and trail mixes category will outperform savory biscuits in the US for the first time in 2017. 

CEO interview

Perfetti Van Melle USA brings Airheads into gum and trials Velcro packs

Perfetti Van Melle is hoping to lead US gum category growth by bringing Airheads into gum and launching Mentos Pure Fresh packs sealed with Velcro.

Yowie projects strong fiscal 2018 as it delays Canada entry

Yowie Group forecasts 55% to 70% net sales growth for its upcoming financial year after warning it will miss its revenue target this fiscal year.

M&A

BBX Capital acquires specialty candy retailer It’s Sugar for $57m

Private equity firm BBX Capital has acquired It’s Sugar for approximately $57m to further expand its footprint in the wholesale confectionery market.

More child labor prevention needed as cocoa prices fall, warn UTZ and ICI

 A sharp decline in cocoa prices could put children at increased risk of child labor unless more is done, say the heads of UTZ and ICI.

Mars to scrap Orkla’s Wrigley contract in Norway

Mars Norge will take charge of Norwegian Wrigley sales next year after terminating a distribution contract with Orkla Confectionery & Snacks Norge.

'We will react and respond to any discriminatory measures against Malaysian palm oil,' warns minister

With a recent European resolution calling for tariffs and trade barriers against any palm oil linked to deforestation, Malaysia's minister for plantations and commodities warns: "We will react and respond accordingly...

Castles made of bubble gum: PepsiCo JV hopes to bring edible sand to the US

PepsiCo's Mexican confectionery joint venture PISSA is looking for distributors to bring edible sand that becomes bubble gum to the US.

Hostess Brands plans to penetrate new categories under direction of new CCO

Hostess Brands has identified new retail opportunities for its snack bakery products, said its recently appointed chief commercial officer, Andrew Jacobs.

SmashMallow approaching run rate of $25m in 6-12 months, predicts CEO: 'It’s growing exponentially faster than KRAVE'

The SmashMallow snackable marshmallow brand – launched by food & beverage brand incubator Sonoma Brands in August 2016 – is “charging towards a very visible $25m dollar run rate in...

Not only America: Nestlé urged to consider $17bn sale of global confectionery arm

Nestlé could go further than offloading its struggling US confectionery business and could find a willing buyer for its entire global confectionery division, says an analyst.

Mondelēz’s e-commerce exec leaves for Johnson & Johnson

Mondelēz has confirmed the departure of its e-commerce executive Neil Ackerman. 

Mars brand perception takes hit but expected to recover after recall

Mars’ recall of chocolate for potential Salmonella is unlikely to bring long term damage in the eyes of consumers, according to YouGov.

Mondelēz signs deal with Côte d'Ivoire & Ghana deal to reduce cocoa deforestation

Mondelēz’s sustainability program, Cocoa Life, will collaborate with governments in Côte d'Ivoire and Ghana to reduce deforestation in the cocoa supply chain.

Alexa, can I have some organic candy and snacks? Category set to benefit from Amazon-Whole Foods deal

Amazon will gain deep consumer insights in impulse snacking once it seals a $13.7bn deal for Whole Foods, says an e-commerce consultant. 

Katjes International acquires stake in Joseph Manner

Katjes International has snapped up a 5.7% stake in Austrian wafer maker Joseph Manner.

Nestlé to cut back on US confectionery category due to low market share

The group said it may even sell one of its confectionery businesses by the end of 2017 to boost its efforts in other categories where it has a stronger presence. 

« Previous month

Key Industry Events

 

Access all events listing

Our events, Shows & Conferences...