News

The Belgian biscuit and cake maker Lotus Bakeries nv, Lembeke, reports first-half 2008 turnover for the first half totalled EUR 123.7 m, up 16.2% from EUR 106.4 m in the ... SG

The Swiss concern Barry Callebaut AG, Zürich, has inaugurated a state-of-the-art, Chocolate Academy in Chekhov, near Moscow, as part of its commitment to building its business in Eastern Europe and ... SG

In an extremely challenging market and economic environment, the Lindt & Sprüngli Group confirms its medium to long-term growth target of 6% to 8% and a continuous improvement in terms ... SG

The world s biggest confectionery manufacturer Cadbury plc has announced an increase in earnings despite steep hikes in the cost of raw materials. Underlying profit from operations rose 48% up ... SG

After the German construction company HOCHTIEF announced they would be building a € 91 m chocolate factory for Ferrero in Russia, Ferrero s Russian subsidiary has revealed that production is ... SG

Natra, Spanish listed food company specialized in the production and commercialization of cocoa and chocolate products, has closed the first half of 2008 with consolidated sales amounting € 226.1mn, vs. ... SG

Kraft Foods has sold its salted snacks business in Scandinavia and the Baltic states to a Norwegian private equity fund, it was announced today (6 August). Herkules Private Equity Fund ... SG

In the first six months of 2008, consolidated sales of the Nestlé Group amounted to CHF 53.1 billion, an increase of 3.8% over the same period last year, driven by ... SG

Jelly Belly Candy Co. s new plant in Rayong, Thailand, will supply customers in 43 countries outside the United States. The company can use the extra production to meet growing ... SG

The European Commission has cleared under the EU Merger Regulation the proposed acquisition of sole control of Wrigley by Mars (both US-based confectionary companies). The Commission has concluded that the ... SG

The Wm. Wrigley Jr. Company announced a 14 percent gain in second quarter sales versus a year ago to a record $1.57 billion, the Company s highest sales quarter ever. ... SG

Tiger Brands Limited, South Africa’s leading branded food and healthcare company, has announced its intention to acquire 74.7% of the shares of consumer chocolate manufacturer Chococam in Cameroon from Barry ... SG

The Hershey Company announced sales and earnings for the second quarter ended June 29, 2008. Consolidated net sales were $1,105,437,000 compared with $1,051,916,000 for the second quarter of 2007. Net ... SG

The US concern PepsiCo Inc. has reported double-digit sales and earnings growth for the first half of the year on the back of strong international growth. The US beverage and ... SG

Barry Callebaut continued to deliver dynamic sales growth in the first nine months of the current fiscal year as sales volumes rose to 872,993 tonnes, which corresponds to a growth ... SG