UK union Unite yesterday announced it would ballot its members for
strike action, as Cadbury's plans to close one UK factory and
reorganise another will result in job losses.
Nestle and Dannon, two of the nation's leading food companies, have
declined to join a widespread industry move to limit advertising of
unhealthy foods to children.
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.
Cadbury Schweppes today announced it will publish data on
greenhouse gas emissions from across its global supply
chain, as part of plans to reduce its carbon footprint by 50
per cent.
The future of research into the potential health benefits of cocoa
should focus on the mechanisms and active compounds, with well
defined clinical trials key to this burgeoning segment, says a new
review by Nestlé.
The third in a series of FoodNavigator-USA.com articles on the
health and wellness approach of major US companies examines
Nestlé's increasing focus on research and development as a means to
improve human nutrition.
Cadbury's planned acquisition of the Turkey-based chewing gum
manufacturer Intergum has been approved by the competition
regulator, the company said today.
Cadbury Schweppes today reported an operating profit decline
of 6 per cent to £180m in the first-half of the year,
particularly due to high input costs and restructuring costs.
Swiss based Barry Callebaut will start delivering chocolate to
Hershey in North America within the next few months, following the
completion of the partnership this week.
In a bid to boost its green credentials, Cadbury Schweppes
yesterday unveiled a programme to cut down on its use of energy,
packaging and water in response to climate change.
Niche markets offer the UK company better profit opportunities than
the traditional chocolate and sweets sectors, according to a
Euromonitor report on Cadbury's strategy.
Following talks in London today, Cadbury Schweppes has officially
announced its new confectionery strategies, to be implemented
following the separation of its drink division, Americas Beverages.
Cadbury Schweppes announced yesterday its move on Japanese
functional candy company Sansei Foods, in a bid to expand its
business further in the country's lucrative
confectionery market.
Cadbury pleaded guilty today in a UK court to three breaches of the
country's food and hygiene regulations, admitting it was
responsible for allowing salmonella-contaminated chocolate to be
sold on the market last year.
Cadbury Schweppes has bought a 93 per cent stake in Romanian sweets
maker Kandia-Excelent, from Kandia, a private equity investment
holding company managed by Meinl Bank.
News that Cadbury may be on the verge of selling off its beverages
arm has prompted rumours of multiple acquisitions for its chocolate
half - in what would be a huge shake-up of the global confectionery
landscape.
Chocolate giants Hershey and Barry Callebaut, have teamed up for a
landmark partnership which will see the Swiss cocoa producer
providing the raw material for Hershey's chocolate products and
expanding facilities in South America.
In the first of a new series of exclusive interviews, Professor Peter van Bladeren, Nestlé's director of science and research, tells Stephen Daniells how collaboration is key to innovation at the Nestlé Research Center.
Chocolate giant Mars has filed a lawsuit against Natraceutical,
alleging that the Spanish company is infringing its patents on
polyphenol-rich cocoa extracts by selling CocoanOX extracts in the
United States.
Speculation is growing over a potential takeover of confectionery
giant Cadbury following the announcement that US investor Nelson
Peltz has acquired almost 3 per cent of the company.
Sweet-maker Cadbury Adams could be set to bring new innovation to
market after being awarded a patent to manufacture a many-flavoured
chewable product with different layers and textures.
Chocolate producers Nestlé and Barry Callebaut have joined forces
to improve their respective positions in the competitive European
market as the maker of Smarties chocolate hands over facilities and
a supply contract to the Swiss...
US chocolate maker Hershey has embarked on a three-year
restructuring plan to further increase the company's global
footprint and allow it to outsource production of low value-added
products.
UK-based Cadbury Schweppes is set to be prosecuted under
environmental health laws after the company allegedly released
chocolate for sale that was contaminated with salmonella, according
to the Guardian newspaper.
