The Trian investment group, led by Nelson Peltz, yesterday called
for Cadbury to make a raft of improvements to its operations,
threatening to take matters out of management's hands if the
requests are not met.
Animal rights group People for the Ethical Treatment of Animals
(PETA) is calling for a boycott of all Mars confectionery products,
after the company admitted testing flavanols, a "healthy" chocolate
ingredient, on animals.
The US hedge fund group Trian, run by active investor Nelson Peltz,
has increased its stake in Cadbury from 3.47 per cent to
approximately 4.5 per cent, the confectionery company announced
Nestlé, Bunge, Danisco, Green Mountain Coffee Roasters, and Tyson
Foods are the first food processors to join a programme to develop
global reporting standards on sustainability projects in the
Premier Foods is resisting confectionery tax on fruit bars, Cadbury
staff vote to reject closure plans, and a New York restaurant
charges $25,000 (€17,000m) for the most expensive chocolate dessert
in the world.