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.
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.
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.
British confectionery and soft drinks giant Cadbury Schweppes may
be turning its focus to the confectionery market, if recent
speculation on a decision to sell its European soft drinks business
is fulfilled.
Leading US confectionery firm Hershey announced last week its plans
to acquire Californian-based chocolate maker Scharffen Berger in a
deal which the company hopes will allow it to break into the niche
premium quality dark chocolate...
British confectionery and soft drinks company Cadbury Schweppes
yesterday revelled in its best performance for a decade, with
half-year results flattered by a trade buy-up of extra stocks of
chocolate in the UK, reports Lorraine Heller.
Cadbury-Schweppes looks set to try and sell its European soft
drinks arm, again, but whoever buys it may have a tough time
improving the division's rather average performances, reports
Chris Mercer.
Nestlé has launched new sweets and biscuits in Russia as intense
competition has forced the firm to invest heavily in what is now
the world's fourth biggest confectionery market, reports Angela
Drujinina.
Confectionery makers continue to tap into consumer weight and
health concerns in a bid to boost stagnant sales as UK confectioner
Cadbury launches a new range of chocolate bars with under 99
calories.
British confectioner Cadbury Schweppes confirmed today that it
remains on track to meet its annual financial targets, although
warned of tough trading conditions in the second half, Tom
Armitage reports.
British confectioner Cadbury is to enter the flourishing organic
chocolate sector for the first time, after acquiring Green and
Black's - the company behind the UK's fastest growing confectionery
brand, Tom Armitage reports.
Cadbury Schweppes, the world's number two confectionery
manufacturer, is to revamp its famous Bournville chocolate-making
facility, as demand for its Dairy Milk brand continues to soar,
Tom Armitage reports.
Wrigley, the world's biggest gum manufacturer, has posted record Q1
profits and beat analysts' expectations - buoyed by impressive
early sales from its recent acquisition of Spanish confectioner
Joyco, Tom Armitage reports.
Nestlé, the world's biggest food and drink manufacturer, has
announced a modest increase in Q1 profits after successfully
offsetting rising raw material costs with price increases across
the UK and Continental Europe, Tom Armitage...
South Korea's Lotte Confectionery Company, the country's largest
snack food manufacturer, has acquired a 100 per cent stake in a
Chinese confectioner - a move which will not only bolster its
influence among China's...
A Cadbury Trebor Bassett division in the UK has installed a package
coding management system (PCMS) to accurately control pack coding
at two production sites.
Swiss chocolatier Lindt and Sprüngli has announced record sales
figures during 2004, on the back of improved export sales and
burgeoning consumer demand for premium chocolate products in
Western Europe, Tom Armitage reports.
Mars, one of the most recognisable chocolate confectionery brands
in the world, has confirmed that UK production of its Twix and
Starburst brands is to be outsourced to Continental Europe, ending
weeks of speculation and axing 700...
Nestlé, the world's number one food company, hopes to appease
investors by offering a sizeable dividend payout, despite
announcing a disappointing overall drop in 2004 sales, Tom
Armitage reports.
British confectionery and soft drinks group Cadbury Schweppes is
back on the path to growth after the acquisition of confectionery
group Adams and a complete overhaul of its US beverage business.
Cost reductions, investment in confectionery...
Continuing moves into new segments of the confectionery market have
helped US gum maker Wrigley end 2004 with record sales and profits.
And the acquisition of Spain's Joyco, with strong market shares in
India and China, should...
Mars, one of the most recognisable chocolate confectionery brands
in the world, could soon have its UK production outsourced to
Europe following increasing competition in the domestic
confectionery sector and flagging overall sales...
Increasing investment in new product development is expected to
help British confectionery and soft drinks producer Cadbury
Schweppes to achieve its ambitious targets for long-term growth,
according to analysts Goldman Sachs. And...
Rumours that Kraft Foods was mulling the sale of its sugar
confectionery business have been circulating for a month or so, and
were this week proved to be correct when gum maker Wrigley
confirmed that it would be buying the Altoids,...
Nestlé Ireland has angered local politicians and businessmen with
the decision to close its chocolate crumb manufacturing facility in
Mallow, a move which could have a devastating knock-on effect for
local partner, Dairygold. But...
The takeover of Spanish confectionery group Joyco earlier this year
continued to lift sales at gum giant Wrigley in the third quarter
of the year. Joyco's business in Asia, in particular, has helped
improve Wrigley's standing...
After a slightly slow start to the year, the confectionery group
Hershey Foods, saw sales rise and the gross margin expand in the
third quarter, despite rising commodity costs.
A change of management and a number of new product launches in the
UK were the main reason for a solid nine-month sales performance
from the confectionery arm of Swiss food group Nestlé.
Flagging consumer interest in Wrigley's Eclipse Flash dissolvable
breath strip product has prompted the US confectioner to shut down
production facilities in the US and shift manufacturing to Europe,
where, it seems, consumers...
Kraft Foods, the biggest packaged foods producer in North America,
is thought to be mulling the sale of its confectionery business,
including the Altoids and Life Savers brands, as part of a move to
focus on a smaller number of stronger...
Cadbury Schweppes is well on the way to delivering growth at its
European confectionery unit, despite an increasingly gloomy outlook
for the packaged food sector as a whole, according to investment
bank Goldman Sachs.
Switzerland's Nestlé will have to sell its Brazilian chocolate
business Garoto, acquired in 2002, after the authorities there
ruled that the takeover would damage competition, proof that even
the world's biggest food company...
Currency translation effects and tough trading conditions in the UK
kept first half sales at Britain's United Biscuits in line with
those seen a year earlier, despite an increased share of sales from
added-value branded products....
Hershey Foods Corporation has won the first round in the fight for
the association of its nutrition bars with the popular low-carb
dietary regime, Zone Diet, in what promises to become one of the
fiercest intellectual property disputes...
Dairy products remain an important growth driver for Swiss food and
beverages group Nestlé, despite the disposal of a number of assets
and poor weather conditions which affected sales during the first
half. But organic growth was...
Nestlé, the largest food and beverage company in the world, has
selected the Quadrem eMarketplace as the partner for its global
eRequisitioning programme, part of an enterprise-wide initiative
Nestle is implementing to standardise...
Increasingly health conscious US consumers chose to bypass the
snack packs of food giant Kraft in the second quarter, a trend
which weighed heavily on profits at the country's biggest food
maker. But a major marketing push highlighting...
Kraft Foods claims to be making significant progress towards its
goal of achieving sustainable growth, but figures suggest that the
company is still reeling from changing consumer consumption trends
and commodity price hikes. Cutbacks...
Kraft Foods has selected Rockwell Automation's Power & Energy
Management Solutions (PEMS) team to develop and execute a sustained
energy reduction initiative across all its manufacturing facilities
in North America.
Cadbury Schweppes has said that it is cautiously optimistic about
the coming financial year, having today trading updates ahead of
its interim and preliminary results. The company said that its US
division had particularly shown a...
Having recently announced a large-scale withdrawal from the
Hungarian market, Kraft Foods has reaffirmed its commitment to the
Romanian market, by confirming a series of future investments in
its division there.
Kraft Foods says it is preparing to launch the international
chocolate brand Milka in Russia in an attempt to further increase
its slice of the confectionery market there.
Despite a significant increase in sales leading global
confectionery company Cadbury Schweppes has reported a 33 per cent
drop in its net income, largely on the back of restructuring costs
and tough market conditions.
Kraft Foods has said that it will close down its only production
facility in Hungary and move production elsewhere. The company has
hinted that production of confectionery and coffee could shift to
Slovakia and Austria.
Confectionery giant Cadbury Schweppes has announced plans to
increase the efficiency and productivity of its Trebor Bassett
manufacturing sites in Bournville and Somerdale, UK. The company
has warned that as part of this programme,...
The cost of restructuring its business has forced Cadbury Schweppes
to introduce a major cost cutting programme which should see the
loss of around 5,500 jobs.
Wrigley cannot register its Doublemint brand as a trademark with
the EU because it is a descriptive name - a rulings made by the
European courts yesterday.
The CEO of Wrigely has announced that the global confectionery
company is aiming to further grow its company in the year ahead
with a range of innovative new gum-based products.
