Cadbury and Kraft both look to Eastern Europe
Cadbury Schweppes is to invest £70 million in building a
manufacturing facility in Poland, whilst Kraft has moved production
from Norway to Lithuania.
Cadbury's unwelcome Christmas surprise
Cadbury Schweppes has been forced to recall its Dairy Milk
Miniatures advent calendars, in the UK, due to incorrect labelling.
Hershey unveils latest plans to accelerate global growth
Hershey, one of the world's largest confectioners, has announced
plans to accelerate global growth by re-organising its entire
Cadbury Schweppes sells European soft drinks arm
Cadbury Schweppes has announced it plans to sell its European
beverages arm for £1.2bn to a private equity consortium led by Lion
Capital and Blackstone.
Nestlé targets brands at hard discounters
Nestlé says it will embrace moves by hard discounters to sell more
branded products as part of its plan to recover from difficult
times on Europe's food and drink market.
Kraft spin-off moves closer to becoming reality
Food giant Kraft, which saw earnings drop 13.5 percent in third
quarter earnings yesterday, moved a step closer to being spun off
from parent Altria after a $280 billion government lawsuit against
the tobacco industry fell through.
Hershey's to benefit from antioxidants research
The level of antioxidants commonly available in chocolate is
directly linked to the level of natural cocoa contained in the
product, says a new study from the US.
Nestlé to invest in becoming healthier
Global food manufacturer Nestlé is to invest €500m in developing
its health and wellness image, the company announced today.
Kraft targets kids' advertising as part of health and wellness campaign
On the back of growing consumer interest in healthy eating, leading
US food maker Kraft Foods is focusing on its increasingly
successful health and wellness segment, announcing plans to further
limit products advertised to children...
Cadbury Schweppes to sell European beverages
Cadbury Schweppes' £1 billion sale of its European beverages
business will enable it to focus and invest on the group's global
Cadbury Schweppes admits to European drinks sale
After months of secrecy and whisperings, Cadbury Schweppes has
finally confirmed that it is looking to dump its European soft
drinks arm for a greater focus on confectionery.
Private equity stalking Cadbury Schweppes drinks
Cadbury Schweppes still looks likely to ditch its European soft
drinks arm for the right price, yet it is difficult to find a buyer
for a stumbling business with little growth prospects.
Wrigley expands US capacity after acquisitions from Kraft
Wrigley will be expanding its Chattanooga factory to accommodate
the production of Altoid mints, which will be transferred to the US
from Wales, the leading confectionery company announced on Monday.
Nestlé results dragged down by confectionery
Food giant Nestlé is being squeezed by tough international
confectionery markets, its modest overall half-year sales dragged
down by disappointing performances from its chocolate,
confectionery and biscuit categories.
Hershey high on chocolate acquisitions
US confectionery company Hershey is marching along the acquisition
trail, announcing this week that it has bought another premium
chocolate firm, Californian-based Joseph Schmidt Confections.