The chances of Ferrero making a move on Parmalat to create an Italian food super-group have increased after the Italian government pushed through a decree to frustrate Lactalis’ bid to gain management control of Parmalat.
The German cartel office’s fine of €38m imposed on Kraft Foods, Unilever and Dr Oetker for illegal disclosure of ‘competition relevant information’ may act as a deterrent to other brand owners and help end such practices, claims an antitrust expert.
Unite has written to Kraft ceo Irene Rosenfeld asking her to fulfil a legal obligation to consult union leaders on any changes to pay and conditions for Cadbury workers.
A member of the House of Commons select committee that questioned Kraft executives on the Cadbury takeover this morning has told FoodManufacture.co.uk that he is concerned by the company's failure to commit to safeguarding UK jobs beyond 2012.
Executives at US food group Kraft have been recalled by the UK parliament’s Business, Innovation and Skills Committee to give evidence again in relation to certain aspects of the controversial takeover of Cadbury last year.
Kraft Foods is facing another potential grilling about its takeover of Cadbury in early 2010 with the US Securities and Exchange Commission (SEC) examining its actions in relation to India under the US Foreign Corrupt Practices Act (FCPA).
US confectionery manufacturer Hershey claims its growth levels are on pace to achieve $1bn international net sales - outside of North America – by 2015.
A lack of engineering graduates has created a challenge for the food manufacturing sector in terms of vacancy filling or expansion projects and we spoke to the head of HR at Nestlé to hear about the food giant’s strategies to remedy the deficit.
Nestle will use price increases as a last resort in the face of rising raw material costs, says its CEO, and only after implementing its 4-point strategy based on trend predictions, engaging suppliers, replacing ingredients, and cutting down waste.
Despite robust overall growth, Kraft is still suffering from costs associated with its £11.5bn Cadbury purchase, according to the US giant's full-year accounts.
Cocoa powder and dark chocolate has equivalent polyphenol content and greater antioxidant and flavanol content than various super fruits, claims a new study by research scientists based at the Hershey Center for Health and Nutrition.
Research aiming to improve understanding around the sensory attributes of confectionery is the objective of new collaboration between US chocolate giant Hershey and academia.
Flavour development company Senomyx has forged a partnership with confectionery manufacturer Cadbury Adams USA, a Kraft Foods division, to develop and commercialise new flavor modulators for gum and medicated confectionery products.
Kraft is likely to have a robust defence in relation to the reported investigation into any tax bill it might be liable for following its takeover of Cadbury in February 2010, claims a UK tax law analyst.
Flavanol compounds derived from cocoa may boost the populations of beneficial bacteria in the intestine, says a new study from Mars and the University of Reading.
Mars has been recognized by the Secretary of State’s Award for Corporate Excellence (ACE) for its work in Ghana promoting the well-being and sustainability of cocoa-growing communities.
The City code regulating hostile acquisitions of UK firms needs a radical overhaul, with greater employee and community consultation at the top of the agenda, say union leaders.
The opening of Nestlé’s new UK wafer-manufacturing line completes the first part of a £15m three year investment programme that aims to enhance product quality and reduce energy use.
Limited changes to the City code regulating hostile acquisitions of public firms are welcome, but sweeping changes risk hurting British business, top lawyers agree.
Confectionery giant Nestlé has officially opened a (USD) $136m manufacturing facility in Dubai which is set to become the third largest Kit Kat plant worldwide.
Nestlé Confectionery UK is proposing to close its Castleford factory and merge all of its UK 'seasonal' manufacturing into its Halifax site by the end of 2012.
Hershey’s plan to start selling its confectionery in the UK and Europe forms part of the company’s wider agenda to target the region, says Euromonitor.
The Hershey Company has sued Mars for allegedly mimicking the packaging design of its Reese’s Peanut Butter Cups by using a similar orange color and pack design for Dove peanut butter milk chocolate Promises.
Chocolate giant Ferrero has recently released a string of travel snack items after analysts reported a strong growth surge in the travel confectionery category over the past two years.
Asian group Lotte has plans to expand the production capacity of Polish confectionery manufacturer Wedel by investing over €200m into the company, according to a Polish media outlet.
If doing your bit for the planet used to be a good way of earning a few brownie points, it is now increasingly becoming a condition of doing business with the nation’s biggest food retailers.
Formulating reduced fat chocolate using defatted cocoa powder may indeed by the ‘best compromise’ for confectionery producers, says a new study from Nestlé Product Technology.
Mars, a private company once famed for its secrecy, is cranking up efforts to engage with external collaborators via the launch of a new open innovation website, in which it will invite potential partners to help it solve its research and development...
The UK Takeover Panel, in a move that follows the controversial acquisition of Cadbury by US food group Kraft in February this year, has proposed changes to reduce the tactical advantage in hostile takeover bids.
Two more senior Cadbury executives have left Kraft Foods, joining the other senior management figures who have resigned since the confectioner's takeover by the US food group in February, claim media reports.
Publically listed confectionery company Lindt & Sprüngli remains the most interesting acquisition target in terms of its premium portfolio and its post-recession weakened state, with Asian conglomerate Lotte a potential frontrunner, argues a market...
Kraft said its new innovation centre in Switzerland, inaugurated today, will ensure innovations in chewing gum and sugar confectionery have regional appeal.
Consumer sentiment is forcing confectionery manufacture Cadbury to revert to metal tin for its long established brand, Roses, following an unsuccessful trial-run of cardboard packaging for the chocolates in the UK retail chain, Tesco.
A breakthrough in cocoa genetics by a collaboration involving Mars, USDA and IBM will accelerate research into the production of trees that can better resist drought, disease and pests, and has met with an enthusiastic welcome from leading cocoa scientists...
Kraft has said it expects to make an additional $1bn in revenue by 2013 because of better access to global markets and distribution networks following its takeover of Cadbury earlier this year.
Hershey lags behind its competitors when it comes to purchasing cocoa that has been certified to meet certain labour, social, and environmental standards, argues four non-governmental organisations in a highly critical report about the US confectionery...
Industrial chocolate supplier Barry Callebaut has secured a key, long-term supply contract with Kraft Foods, which will see the Swiss firm invest €51m to expand production capacity in North America, the Ivory Coast, Malaysia and Europe.
Kraft said work conducted by the Cadbury Cocoa Partnership initiative in Ghana will see more cocoa farmer organisations becoming Fairtrade certified by the end of 2010, to ensure sustainability of supply and a guaranteed income for growers.
Nestlé reports that an upgrade to its premium chocolate manufacturing facility in the Samara region of Russia will transform it into a key competence centre for confectionery products in Europe.
Nestlé chocolate products recorded double-digit growth in emerging markets, driven partly by the performance of the lowest priced products in its portfolio, said the group as it posted gains of 7.5 per cent in net profit for the first six months of the...
Food giant Kraft’s acquisition of UK confectionery company Cadbury in February 2010 helped the firm to a better-than-expected first quarter net profit of $937m (£590m), up from $827m in the same period a year earlier.
A Spots v Stripes sport challenge is the centre piece of Cadbury’s £50m marketing campaign linked to the Olympic and Paralympic Games to be staged in London in 2012.
Second quarter income for US chocolate maker, Hershey, fell 35 per cent due to factors such as charges related to its supply chain efficiency programme and the joint venture in India but Asia remains a focal area, said the company.
Research from scientists based at the Nestlé research centre in the UK and the University of Nottingham shows that mixing ethylcellulose with lecithin is an alternative to high concentrations of lecithin to enhance the flow of reduced fat chocolate.
