Spinning off the US soft drinks business could bring substantial
gains to Cadbury Schweppes, but any demerger is unlikely to take
place until at least 2006, claim analysts Goldman Sachs.
Cadbury's India has announced that it is to change the packaging
for its Dary Milk chocolate bar following last month's revelation
that a batch had been infested with insects.
The cost of restructuring its business has forced Cadbury Schweppes
to introduce a major cost cutting programme which should see the
loss of around 5,500 jobs.
Cadbury's rapid expansion over the last few years has boosted sales
in the first half of the year, but the increasing cost of
restructuring its business took a hefty toll on profits.
Tough trading conditions and the impact of several significant
acquisitions continue to take their toll on results at UK-based
confectionery and beverage group Cadbury Schweppes.
Cadbury Schweppes has hit out at critics of its Get Active
programme. But, market analysts Datamonitor ask, is this agressive
tactic the right way to head off criticism of the scheme?
Moves by Israeli confectionery group Elite to block the entry of UK
rival Cadbury into the local market are to be investigated,
according to press reports.
The agressive expansion of Cadbury Schweppes - whose acquisition of
Adams should be completed soon - has paid off, with solid sales
increases for 2002.
Cadbury Schweppes has had a busy week. While yesterday's
acquisition of the US confectionery group Adams was undoubtedly the
most important in the company's recent history, Cadbury has also
revealed that it is planning a...
Cadbury Schweppes has allegedly fought off rival bids from Nestle
and Kraft to buy the Adams sugar confectionery group, making it the
world's biggest player. But there are still question marks over
whether Adams was the right...
UK confectionery and soft drinks group Cadbury Schweppes saw a
steady year-to-date performance in 2002. British and Irish
confectionery operations continue to perform strongly with
increased sales forecast to drive a double-digit...
Rumours have resurfaced concerning a potential bid for the Adams
confectionery business by the UK's Cadbury Schweppes. While such a
bid would undoubtedly strengthen the British group's market
position, analysts at Euromonitor...
Cadbury Schweppes is the focus of our latest visit to the Mintel
Global New Products Database, and the last few months have
been busy ones for the UK confectionery group. Christmas products,
movie tie-ins and an increasing range of...
Cadbury and Nestle, erstwhile partners in a bid for Hershey, are
likely to face off against each other in the auction for another US
confectionery group, Adams. But other major bidders such as PepsiCo
cannot be ruled out.
Is Cadbury preparing a £3 billion bid for the US sugar
confectionery group Adams? Well, possibly, but Adams' current
owner, the drugs group Pfizer, is certainly playing down the latest
rumours.
Despite the fact that the sale of the company has been temporarily
put on hold, Nestle and Cadbury are said to be still discussing a
joint bid for the Hershey business, although they have not yet
decided how best to structure the...
Hershey will find out on Wednesday whether its appeal against a
court ruling postponing the sale of the confectionery group has
been successful. In the meantime, rumours continue to circulate of
a potential joint bid for the firm...
A new energy bar with guarana has been launched by UK confectionery
group Cadbury Schweppes, the first 'mainstream' chocolate bar to
enter the energy market. Boost Guarana is said to offer as much
extra energy as an energy...
Nestle and Cadbury, the two European confectionery giants, are
reported to be discussing a joint bid for Hershey, the US chocolate
maker. But while a joint bid is unlikely, both firms could profit
from the sale.
US gum manufacturer Adams is seen as a 'must-have' acquisition for
Cadbury Schweppes if it wants to truly become a global player. But
it faces strong opposition from rival players.
British confectionery and drinks group Cadbury Schweppes Plc is set
to make a £350 million pound ($507 million) takeover of privately
held Danish chewing gum firm Dandy, the Sunday Telegraph reported.
UK confectionery and drinks group Cadbury Schweppes is preparing a
$2 billion (€2.27bn) bid for the chewing gum and cough drops arm of
Pfizer, the world's largest drugs company, a British Sunday
newspaper reported.
Cadbury Schweppes announced that it has agreed to acquire a 51 per
cent equity interest in Kent, the leading sugar confectionery
manufacturer in Turkey, in addition to a majority equity interest
in its distribution arm, Birlik.
