British polymer firm Revolymer, the creators of Rev7 degradable gum, has suffered a loss in its first half results as US sales were lower than expected.
The chocolate sector looks set for further consolidation with the smaller players struggling to offset higher cocoa prices, claims one market analyst as the rumour mill goes into full gear over potential rivals to Kraft for a Cadbury takeover.
The Cadbury Schweppes drive to boost margins is full steam
ahead, boosted by the demerger of an underperforming drinks
arm, as the company today announced confectionery
revenues grew by ten per cent over the third quarter.
Israeli flavours firm Frutarom continues blazing the acquisition
trail with news this week it will buy the flavouring extracts
business of US firm AM Todd Botanical Therapeutics, reports
Lindsey Partos.
