Markets

Cloetta Fazer unfazed

Cloetta Fazer unfazed

Tough economic conditions have taken their toll on Scandinavian
confectionery group Cloetta Fazer. A contraction in the Swedish
market has resulted in a drop in profit for the third quarter of
2003, which the company has attributed...

Partners for survival

Partners for survival

Two of Spain's biggest confectionery producers are feeling the
pressure of competition in the market and are actively seeking
partners to help them survive in the increasingly cut-throat
market.

Joining the Elite

Joining the Elite

Israeli food giant Elite Industries has won a NIS 10 million
(€1.9m) contract to manufacture bittersweet and white chocolate
bars for British supermarket chain Sainsbury.

Hercules stands strong

Hercules stands strong

After a heated tug of war with the board, the man who last year
took speciality chemicals company ISP private has abandoned efforts
to gain control of US chemicals and food gums company Hercules.

Callebaut closes in

Callebaut closes in

Chocolate giant Barry Callebaut has acquired US-based Brach's
Confections Holding. The takeover gives the firm a significant
presence in the US consumer confectionery market and access to the
world's largest retailers and...

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