News

Kraft Foods announced that it intends to invest euro 15 million (approximately USD20 million) in constructing a new Biscuit Research & Development (R&D) Center in Saclay, France, a suburb of ... SG

The natural sweetener stevia looks set to become the next big thing, according to a report from consumer research firm Mintel. Since December 2008, when the FDA approved use of ... SG

The famous Italian bakery and panettone company Bauli S.p.A.has acquired the brands Motta and Alemagna, from Nestlé SA. The acquisition by Bauli marks the return of these two historic Italian ... SG

Barry Callebaut and Natra announced that they have terminated their negotiations regarding the possible integration of Barry Callebaut’s European consumer chocolate business into Natra. According to Barry Callebaut the reason ... SG

Nestlé today inaugurated the Chocolate Centre of Excellence in Broc, Switzerland. The Chocolate Centre of Excellence builds on Nestlé’s chocolate-making heritage and will spearhead its drive in the premium and ... SG

Functional nibble-bars with a chocolate coating are very popular with consumers as a light, health-promoting and tasty snack to stop that nagging hunger between meals. In cooperation with its sister ... SG

From the beginning of the year, the turnover and results of Harry’s Benelux are no longer included in the Lotus Bakeries Group consolidated statements. Anna’s Pepparkakor has been consolidated from ... SG

Against the background of an increasingly widespread economic downturn, Lindt & Sprüngli remained on course in the first half of 2009 and confirms the growth and profit guidance for 2009 ... SG

Walkers Nonsuch, England’s finest speciality toffee maker, has given thought to the current economic climate and modern day consumers demand - not only watching what they spend but are more ... SG

Candy and gum sales posted strong sales for the four week period ending June 14, 2009 and continue the positive trend for the first half of 2009. Dollar sales for ... SG

In the first six months of 2009, Nestlé achieved organic growth of 3.5%, including 0.5% real internal growth. Divestitures, net of acquisitions, reduced Group sales by 0.7%, whilst the currency ... SG

Pursuant to the applicable regulatory requirements, Nestlé S.A. announces that it has completed its CHF 15 bn share buyback initiated on 24 August 2007 as part of its CHF 25 ... SG

Hershey Co. has clicked off the virtual-shopping era. "Hershey's Gifts will be closing its catalog and Web business effective July 31, 2009," after a 25-percent-off closeout sale, the Hershey's Web ... SG

Just Born Inc., the maker of PEEPS, Hot Tamales and Mike and Ike candies, purchased a 600,750-square-foot industrial building in Bethlehem, PA, from Cardinal Capital Partners. he facility at 4000 ... SG

The Board of Directors of Leaf International BV has appointed Bengt Baron as the new Chief Executive Officer of Leaf. Bengt Baron succeeds Peter Bennemeer who leaves the company after ... SG