Swiss based Barry Callebaut will start delivering chocolate to
Hershey in North America within the next few months, following the
completion of the partnership this week.
In a bid to boost its green credentials, Cadbury Schweppes
yesterday unveiled a programme to cut down on its use of energy,
packaging and water in response to climate change.
Niche markets offer the UK company better profit opportunities than
the traditional chocolate and sweets sectors, according to a
Euromonitor report on Cadbury's strategy.
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.
Confectioner Wrigley posted a 17 per cent sales rise throughout its
global operations during its first quarter 2007 to US$1.6bn
(€1.1bn), with demand from emerging markets propping up
sluggish growth in North America
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 chocolate manufacturer Hershey is adding to its health-boosting
chocolate range with two new products designed to capitalise on
cocoa's antioxidant properties.
Cadbury Schweppes has said it will separate its confectionery and
US soft drinks businesses, sending ripples of speculation across
the financial sector about the firm's motives.
Speculation is growing over a potential takeover of confectionery
giant Cadbury following the announcement that US investor Nelson
Peltz has acquired almost 3 per cent of the company.
Sweet-maker Cadbury Adams could be set to bring new innovation to
market after being awarded a patent to manufacture a many-flavoured
chewable product with different layers and textures.
In a year dominated by acquisitions and changes within its
operational structure, Switzerland-based food group Nestlé has
still exceeded expectations with full-year organic growth boosted
by the company's focus on nutrition,...
Even after a year marred by salmonella contamination, product
recalls and financial irregularities, Cadbury Schweppes has posted
9 per cent growth in full year profits as the company's portfolio
feels the benefit of strongly-performing...
Chocolate producers Nestlé and Barry Callebaut have joined forces
to improve their respective positions in the competitive European
market as the maker of Smarties chocolate hands over facilities and
a supply contract to the Swiss...
Leading gum maker the Wm Wrigley Jr Company, has announced a
positive fourth quarter performance with recent moves to increase
its global footprint contributing to growing sales.
The world's largest chewing gum manufacturer Wrigley has made its
presence felt in the European chocolate market with the acquisition
of a leading Russian confectionery company in a $300m (€232.5m)
deal which will increase the...
US confectionery giant Hershey announced disappointing fourth
quarter results today and, in a bid to reverse the downturn, vowed
to increase investment in core brands as well as pursue the new
rapidly growing niche markets of dark...
Nestle has exercised its option to finalise its commercial
agreement with Phosphagenics over the use of Phospha-E in
specialised nutrition products for metabolic syndrome.
Hershey-owned organic chocolate company Dagoba has launched four
new additions to its confectionery range to keep consumers
indulging after the new year festivities.
Italian chocolate maker Ferrero's ongoing battle with copycat
products in China is hindering its growth in the booming market,
and continues to erode the brand's value, says the company.
Weak performance in the UK combined with financial irregularities
in Nigerian operations has added up to an unsettled year for global
confectionery giant Cadbury Schweppes, according to a trading
update announced today.
Mars has become one of the first food processors to run afoul of
the EU's greenhouse gas controls scheme, with the UK's Environment
Agency yesterday fining the company €78,080 (£52,532) for breaching
the rules.
European confectionery giant Nestlé is feeling the heat from
consumer worries over health and nutrition with the closure of
three of the company's main facilities in France.
Four days after announcing the recall of twenty-five chocolate
products due to salmonella contamination, Hershey's and the
Canadian food inspection agency (CFIA) still refuse to reveal the
exact source and cause of the contamination.
The world's second largest gum company, Cadbury Schweppes, is to
introduce its most popular chewing gum brand into the UK market
next year, putting the pressure on foremost competitor Wrigley and
adding to larger firm domination...
For the first time in the gum maker's long history, the William
Wrigley Jr Company has appointed a non-family member to take over
the leadership of the global confectionery business.
