Raisio chief executive officer Matti Rihko tells us he is moving onto a new venture later this year and was proud to have overseen Raisio’s transition from a challenged regional player into a “profitable international brandhouse” in his 10 years at the...
Nestlé is selling six of its Italian confectionery brands including Rossana and Fondenti to Italian manufacturer Fida.
Over 20 major food firms have signed up to health and wellness pledges on advertisement to children, consistent product information, open access to formulation policies and employee wellbeing as part of their commitment to Consumer Goods Forum (CGF) targets.
The German confectionery giant Haribo has nominated marketing director Felix Theato as CEO whilst the 90-year-old chief executive Dr Hans Riegel recovers from medical treatment.
Barry Callebaut has elected a Pepsico executive and the former CEO of Chiquita Brands to its Board of Directors.
Packaging Dynamics Corporation has acquired Groupe De Luxe to expand into new geographies and end markets.
Graphic Packaging has announced its second deal in the space of a couple of weeks as it looks to build on its European packaging business.
Graphic Packaging has agreed to acquire the European Food Carton Business of Contego for £71m to expand into new end markets.
Nestlé USA has apologised to customers after a recall of Nesquik chocolate powder linked to salmonella.
Kraft Foods head Irene Rosenfeld was paid $22m in 2011, according to figures in a recent filling to the US Securities and Exchange Commission.
Petra Foods appoints new cocoa head
Singapore based ingredients firm Petra Foods has appointed Lim Seok Bee as Chief Operating Officer (COO) of the Group's Cocoa Ingredients Division.
Tray-Pak acquisition points the way to growth
Tray-Pak, the US-based custom thermoformed plastic packaging manufacturer has been acquired by TPC Partners.
“Revolutionary” low energy separator for brewers launched at Drinktec
Up to 30 per cent less energy consumption is claimed for the new separator platform for beverages launched by Swedish engineering company Alfa Laval at last week’s Drinktec trade fair in Munich, Germany.
Danisco backs low-carbon future
Danish supplier, Danisco, has signed the Copenhagen Communiqué on Climate Change, an international measure to coordinate green measures such as carbon cutting.
Imperial Sugar enters Cargill cooperation talks
The Imperial Sugar Company says it has entered discussions with joint venture group the Louisiana Sugar Refinery (LSR) over joining forces to construct and operate a new refinery in the US.
News briefs: Cloetta Fazer, salty ice-cream and a confectionery conference
Rising costs cause Cloetta Fazer profits to drop, Haagen-Dazs puts
salt in ice-cream, and the UK Food and Drink Federation (FDF) holds
a conference on the changing confectionery market.
News briefs: AB Foods, Nestle, Cadbury and volatile commodities
The global commodity market continues to worry confectionery and
sugar firms, as AB Foods profit is dented by sugar reforms, Nestle
combats costs with price hikes, and Cadbury may be ripe for
Wrigley gives gum a makeover
Wrigley will rework the packaging and flavour portfolio of its US
gum products in an attempt to boost sagging sales in the area, the
company announced yesterday.
Strong sales boost Cadbury revenue outlook
Cadbury today said it expects confectionery revenue growth to
exceed the 2007 four to six per cent target range, thanks
to revenues from the UK chocolate and the US gum markets.
News briefs: Halloren, honey and Nireus
Veteran confectioner Halloren posts increased Q3 profits; UK
consumers may pay more for honey; and Nireus turns from
confectionery to fish.
Financial news: Cadbury, Cloetta and Rocky Mountain
Cheap labour pulls Cadbury eastwards, airport franchise boosts
profits for a US chocolate company, and Cloetta is tempted by
News briefs: Nestle, squeezy chocolate and Cadbury
This week's news briefs include Nestle's new CEO, squeezy chocolate
in a bottle, and Cadbury closing factories.
Barry Callebaut sells Brach's to focus on chocolate business
Barry Callebaut has sold its Brach's confectionery business to
Farley's & Sathers following the slow growth of the US private
label market, the company announced yesterday.
New ingredient takes the stick out of gum
A UK company claims to have developed a polymer that can remove the
stickiness of chewing gum, while still maintaining its taste.
Kraft resets its focus to drive down costs
Kraft Foods will drive down costs by $1bn (€732m), rejig its global
portfolio, and exploit its sales capabilities, in a bid to make the
company more profitable, the company's top executive stated at a
conference this week.
Harry & David expands confectionery division
US-based Harry & David Holdings will invest $16m
(€11.6m) in expanding its candy, chocolate and packaging
operations, the company said yesterday.
Cadbury wins bid for Japan takeover
Cadbury Schweppes has won its bid for Japan-based candy
company Sansei Foods.
Companies accused of internet high-jinks
Company executives-turned-internauts at Danone and Wholefoods are
accused of blackening the reputation of their rivals online,
according to the Financial Times today.
Chr Hansen streamlines through paprika business sale
Chr Hansen has sold its paprika business activities and production
facilities in Spain and India to allow it to focus on value-added
activities, the company announced on Thursday.
Nestlé shifts Smarties production
Major restructuring for Swiss based confectionery company Nestlé
has cost 645 jobs in England as the company prepares to move
production of some of its core brands.
Sweet forecast for CSM despite upcoming sugar sale
Despite extensive company restructuring and the imminent sale of
its sugar division, Netherlands-based ingredients group CSM today
announced strong profits in the first half and is optimistic the
upward trend will continue.
IFT president joins food colour giant DD Williamson
President of the Institute of Food Technologists (IFT) Margaret
Lawson has become vice president for science and innovation at
global food colour manufacturer DD Williamson.
Smart label senses quality of packaged meat
New smart label technology holds the promise of reducing the chance
of spoilt or contaminated meat reaching retail shelves and of
increasing consumer confidence in food safety.
Hershey unveils latest plans to accelerate global growth
Hershey, one of the world's largest confectioners, has announced
plans to accelerate global growth by re-organising its entire
Hershey high on chocolate acquisitions
US confectionery company Hershey is marching along the acquisition
trail, announcing this week that it has bought another premium
chocolate firm, Californian-based Joseph Schmidt Confections.
Device packs cheese with thin, tough wrap
Under an agreement with Aviso Packaging, Outlook Group will market
a new technology designed for the wrapping of cheese with a
thinner, tougher material, the company claims.
Hershey sale no foregone conclusion
The sale of the Hershey confectionery business may not yet take
place, according to the head of the Hershey Trust which controls
the business. And even if the sale does take place, he stressed,
the impact on the local community will...