Following talks in London today, Cadbury Schweppes has officially
announced its new confectionery strategies, to be implemented
following the separation of its drink division, Americas Beverages.
Cadbury Schweppes announced yesterday its move on Japanese
functional candy company Sansei Foods, in a bid to expand its
business further in the country's lucrative
confectionery market.
Cadbury pleaded guilty today in a UK court to three breaches of the
country's food and hygiene regulations, admitting it was
responsible for allowing salmonella-contaminated chocolate to be
sold on the market last year.
Cadbury Schweppes has bought a 93 per cent stake in Romanian sweets
maker Kandia-Excelent, from Kandia, a private equity investment
holding company managed by Meinl Bank.
Confectionery giant Cadbury Schweppes is set to refocus its UK
operations and increase marketing spend over the coming year in a
bid to overcome negative publicity and the split between the
business' beverages and confectionery...
News that Cadbury may be on the verge of selling off its beverages
arm has prompted rumours of multiple acquisitions for its chocolate
half - in what would be a huge shake-up of the global confectionery
landscape.
US chocolate giant Hershey has been forced to revise its full year
trading expectations in the wake of higher dairy costs and greater
investment for the global firm.
Chocolate giants Hershey and Barry Callebaut, have teamed up for a
landmark partnership which will see the Swiss cocoa producer
providing the raw material for Hershey's chocolate products and
expanding facilities in South America.
US based chocolate giant Hershey may have successfully taken
advantage of the consumer trend for dark chocolate but work still
remains to be done to reinvigorate core brands.
In the first of a new series of exclusive interviews, Professor Peter van Bladeren, Nestlé's director of science and research, tells Stephen Daniells how collaboration is key to innovation at the Nestlé Research Center.
