Nestlé Confectionery UK is proposing to close its Castleford factory and merge all of its UK 'seasonal' manufacturing into its Halifax site by the end of 2012.
Hershey to launch confectionery brands in UK and Europe
Hershey’s plan to start selling its confectionery in the UK and Europe forms part of the company’s wider agenda to target the region, says Euromonitor.
When PepsiCo put up $5.4bn last week to acquire Wimm-Bill-Dann, it was seduced by the promise of high revenue growth but like any high-yield investment the Russian deal does not come without risks.
Kraft in Cadbury job switch to Switzerland
Kraft Foods is transferring part of the Cadbury business to Switzerland in a move which could see it paying less corporation tax.
Hershey sues Mars over packaging similarities
The Hershey Company has sued Mars for allegedly mimicking the packaging design of its Reese’s Peanut Butter Cups by using a similar orange color and pack design for Dove peanut butter milk chocolate Promises.
Policymakers critical for sustainable consumption, roundtable finds
Political leadership is crucial to encouraging more sustainable food consumption, attendees at a Kellogg’s Breakfast Club meeting heard this month, with industry and civil society playing important roles too.
Travel sector showing positive sales growth for Ferrero
Chocolate giant Ferrero has recently released a string of travel snack items after analysts reported a strong growth surge in the travel confectionery category over the past two years.
Lotte set to expand Wedel plants in Poland, report
Asian group Lotte has plans to expand the production capacity of Polish confectionery manufacturer Wedel by investing over €200m into the company, according to a Polish media outlet.
US confectioner Necco up for sale
US based confectionery firm Necco has announced that it has a hired an investment bank to help it identify a strategic partner or explore a possible sale of its business.
If doing your bit for the planet used to be a good way of earning a few brownie points, it is now increasingly becoming a condition of doing business with the nation’s biggest food retailers.
Confectionery fats delivering growth, claims AAK
The chocolate and confectionery fats division showed strong seasonal volume improvements, claims leading oil and fats supplier AarhusKarlshamn as it releases third quarter financial results for 2010.
Lack of R&D puts EU food sector at risk
Special edition: R&D
Europe’s food and drink sector is lagging behind the competition because of investments in R&D have stagnated since 2006, warns the CIAA.
Kit Kat sales up in UK and Ireland
Flagship brand Kit Kat has increased market shares for Nestle in the UK and Ireland, according to last week’s third quarter results that reveal a 4.1 per cent sales increase for the global food giant.
Roshen posts 32 per cent hike in confectionery sales
Roshen increased its sales for the first three quarters of 2010 by 32 per cent at $675m. The confectioner also recorded an output of 285,000 tonnes in 2010, up 11 per cent on the same period last year.
UK regulator proposes changes in hostile takeover bids post Cadbury
The UK Takeover Panel, in a move that follows the controversial acquisition of Cadbury by US food group Kraft in February this year, has proposed changes to reduce the tactical advantage in hostile takeover bids.