News

18/08/2015 | Industry
Sweets Network

Lindt & Sprüngli outperforming the overall chocolate market

With above-average sales growth of 17.4%, up to CHF 1.409 bn, the Lindt & Sprüngli Group is building on its impressive track record of recent years, despite record-high prices for raw materials and a strong Swiss franc. SG
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18/08/2015 | Industry
Sweets Network

Lotus Bakeries buys majority stake in Natural Balance Foods

The Belgian baked goods company Lotus Bakeries has announced that it has entered into a strategic partnership with Natural Balance Foods (NBF), the pioneering British wholefood company. SG
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13/08/2015 | Industry
Sweets Network

Nestlé: broad-based growth across categories and geographies

Nestlé Group`s organic growth was 4.5% in the first half of 2015, composed of 1.7% real internal growth and 2.8% pricing. Total sales of CHF 42.8 bn were impacted by foreign exchange (- 5.8%). SG
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12/08/2015 | Industry
Sweets Network

Premium payments continue to improve livelihoods in cocoa communities

Premium payments for certified sustainable cocoa are continuing to make a significant contribution to improving the livelihoods of cocoa farmers and their communities, as well as meeting the growing demand for sustainably sourced cocoa and chocolate. SG
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11/08/2015 | Industry, International
Sweets Network

Hershey`s second-quarter net sales in line with last year

The Hershey Company announced sales and earnings for the second quarter ended July 5, 2015. Consolidated net sales were USD 1,578.8 m compared with USD 1,578.3 m for the second quarter of 2014. SG
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06/08/2015 | Industry
Sweets Network

Symrise achieves strong sales growth and high profitability

German Symrise AG continued its highly dynamic growth course in the second quarter of 2015 and further increased its profitability. SG
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04/08/2015 | Industry
Sweets Network

Cargill completes acquisition of ADM’s global chocolate business

Cargill has now completed the acquisition of ADM’s global chocolate business for an enterprise value of USD 440 m. SG
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20/07/2015 | Industry
Sweets Network

Cloetta acquires Lonka

The Nordic confetionery group Cloetta AB, Stockholm, has signed an agreement to acquire 100% of the shares of Locawo B.V. The purchase price is SEK 295 m (€ 31.4 m) in cash. SG
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20/07/2015 | Industry
Sweets Network

Mederer to sell factory in Boizenburg to The European Candy Group

In the wake of its successful reorganisation measures, the Mederer Group, Fürth, and its subsidiary Trolli GmbH are continuing to streamline and concentrate the group‘s business locations. SG
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16/07/2015 | Industry
Sweets Network

Mondelez International completes acquisition of majority stake in Kinh Do

Mondelez International announced it has completed the acquisition of an 80% stake in Kinh Do, Vietnam‘s leading snacks business. SG
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14/07/2015 | Industry, International
Sweets Network

Lindt & Sprüngli continues to thrive with above-average growth

In the first half-year of 2015, Lindt & Sprüngli succeeded in achieving above-average organic sales growth of 9.4%. SG
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10/07/2015 | Hygiene, IT/Logistics, Technology
Sweets Network

Object Solutions acquires majority share in SpecPage

Object Solutions Software plc has ac­quired the majority share in SpecPage LLC, Warwick, United States. SpecPage is a provider of product information and online catalogues for the foodservice and jan-san industries. SP
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10/07/2015 | Technology
Service on the roll

Service on the roll

As those responsible for the company BSA Schneider Anlagentechnik wondered what type of units should be presented at this year’s ProSweets in Cologne, nobody could have guessed that particulary one part of a machine would provide for great interest and enthusiasm of the customers: A stainless steel frame on which a cylinder of a five-roll refiner is presented. SP
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08/07/2015 | Industry, Technology
Sweets Network

ADM acquires facilities in Bulgaria and Turkey and increases ownership in Hungary facility

Archer Daniels Midland Com­pany has announced this spring an agreement to purchase several assets of Eaststarch C.V., ADM’s 50-50 joint venture with Tate & Lyle. SP
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08/07/2015 | Industry, Ingredients
Sweets Network

Symrise acquires California-based Flavor Infusion

Symrise AG is strengthening its product offering for natural beverage applications and further expands into the strongly growing market of flavored water: The company signed an agreement to acquire Flavor Infusion, a specialized supplier for natural beverage solutions in North America, from its founders. SP
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