Markets

Lindt beats expectations

Lindt beats expectations

Swiss chocolate maker Lindt & Sprüngli has revealed strong results that
put organic growth in double figures and gave it its first ever
year with no first-half operating loss. The company said the
results had been particularly...

Mieszko on acquisition trail

Mieszko on acquisition trail

Leading Polish confectionery company Mieszko says it is
currently in negotiations to acquire a company within the
confectionery sector in the course of this year. The company added
that at the present moment it is negotiating with...

Volume sales lifts Degussa 1H

Volume sales lifts Degussa 1H

Building on a stronger start to the year, Germany's third largest
chemicals group reports continued growth into the second quarter
with an increase in demand pushing up sales and earnings for the
period but the firm warned that...

CP Kelco slice up for sale

CP Kelco slice up for sale

Number one global xanthan gum supplier CP Kelco is on the auction
block as majority stakeholder merchant bank Lehman Brothers opts to
sell its slice in the leading hydrocolloid company, reports
Lindsey Partos.

Pectins expansion for Danisco

Pectins expansion for Danisco

In response to an increasing worldwide demand for pectin, Danish
ingredients company Danisco is to expand its Czech production
capacity by 40 per cent to accommodate an expected growth rate of
5-6 per cent on the world market.

Thorntons bidding hots up

Thorntons bidding hots up

Several more potential bidders have emerged for UK-based chocolate
manufacturer and retailer Thorntons, which earlier this month
confirmed that it had begun discussions with a financial investor.
But the company will hope for a swift...

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...

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