Dean Metropoulos – punted as the man to have rescued the Hostess brand from extinction – has notified the company that he will resign as chairman of the Board of Directors at the end of 2020 to pursue other commitments.
The transaction further strengthens the Group’s committed long term liquidity structure by extending the average maturity at attractive interest rates and reducing its reliance on short-term funding sources.
Mondelēz International, the maker of Oreo cookies, Cadbury chocolate and Trident Gum, posted net revenues of $2.03bn in its second quarter 2020 results, an increase of 17.3% compared with last year and, although overall revenue fell to $5.91bn from $6.06bn,...
UK premium sweet brand Uncle Joe’s Mint Balls is celebrating its first overseas order since before the coronavirus outbreak, as demand for its products starts to return to normal, the company has reported.
The global sugar confectionery market size is anticipated to reach $69.5bn by 2026, growing at a rate of 4.3%, according to new research published by Polaris Market Research, as sugar stays stable on the commodity market.