Mondelēz has reported growth across all regions in Q2 ending June 30, although its topline was negatively impacted by the recent truckers' strike in Brazil.
Hershey has posted a net sales increase of 5.3% in Q2, reaching $1.75bn, after it recently divested Tyrrells potato chips and Golden Monkey candy brand in China.
Hershey has sold Golden Monkey to Henan Yuxiang Food Technology Company (河南御翔食品科技有限公司) four years after it acquired the Shanghai-based confectionery brand for $577m.
There is a huge gap between start-ups that launch innovative products and traditional companies who don’t, irrespective of company scale, according to Practical Innovation.
Better-for-you snack maker Popchips Inc. is selling its UK and European business to KP Snacks after five years of “whirlwind strong year after year growth” in the UK that led the brand to become the No. 1 growth crisp in the region, according to the company...
US Highland (UHLN) has completed the acquisition of Supreme Sweets, a commercial bakery that designs, produces and delivers custom private-label products for restaurant chains and grocery retailers, for an undisclosed sum.
It is not enough for cocoa sustainability programs to tackle child labor by solely focusing on increasing yield and cultivating trees, Puratos has said. Instead, the company’s own sourcing program, Cacao-Trace, deals with the issue by installing a more...
PFHIX started as a food ingredients company selling its effervescent popping crystals in bulk and under private label, but has recently made a hard pivot into the nutraceutical space, working with companies such as Applied Food Sciences, Glanbia, and...
