Markets

Excelent profit decline

Excelent profit decline

One of Romania's leading chocolate producers, Excelent, has
reported a significant drop in its first quarterly profits. Reduced
turnover, increased competition and the fact that the company is
currently undergoing a merger have...

Thorntons off the market

Thorntons off the market

Food and drink merger activity has been high this week, with
Richmond foods, Smithfield Foods and Campofrio all muscling in on
the act. But in the confectionery sector, Thorntons has pulled
itself out of the takeover market.