Stollwerck, the German confectionery group, is to close two ageing
production facilities and transfer production of its Gubor brand to
the Van Houten plant near Hamburg, according to parent company
Premium chocolate maker Lindt & Sprüngli has reported a rise in
sales for 2002 despite tough trading conditions in most of its key
markets - a performance it attributed to a consistent strategy of
expansion and innovation.
US flavours and fragrance giant International Flavors &
Fragrances saw fourth quarter 2002 sales rise 5 per cent to $424.3
million (€391m) from $405.6 million for the same period in 2001,
despite weak economic conditions in Latin...
Christmas sales fell compared to the particularly strong
performance in the previous year, but UK chocolate manufacturer and
retailer Thorntons said it was happy with its overall performance
in the first half of 2002/03.
Finland's Raisio group has sold its Swedish ice cream business
Carlshamn to Ingman Foods, another Finnish dairy producer, for an
undisclosed sum. Raisio is selling off non-core businesses to raise
cash for its more important...
A slowdown in biscuit sales of around 6 per cent took its toll on
third quarter results at Northern Foods, the UK's leading producer
of own label foods for the supermarket sector. But while there is
little sign of improvement...
Increased marketing expenditure to back the relaunch of the
flagship McVities brand helped United Biscuits increase its sales
in 2002. But it is the possible future of the company - and the
likelihood of a bid from minority shareholder...