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...
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.
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.
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.
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.
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
takeover.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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...
