News

In 2007, consolidated sales of the Nestlé Group amounted to CHF 107.6 bn, an increase of 9.2% over the same period last year. According to the company this was driven ... SG

In 2007, in terms of both quantity and of sales value, the Swiss chocolate industry once again significantly improved on its results for the previous year. This increase as compared ... SG

Hershey has announced a 65% decrease in fourth-quarter profits to USD 54.3 m as rising dairy costs and restructuring charges hit the US confectionery concern. Net sales were inched up ... SG

The French chocolate and confectionery brand Lutti, manufactured by Leaf France SAS, the French subsidiary of Leaf International, is about to have new owners, reported the French business press. The ... SG

Cadbury Schweppes announced that it has agreed to sell its Monkhill business, which principally manufactures sugar confectionery and popcorn for the UK market, to Tangerine Confectionery Ltd for GBP 58 ... SG

Sweet Eurasia, the annual sweets, chocolate, biscuits and confectionery exhibition is an international and professional trade fair for the whole of the “sweet” industry joining Eurasian Region – one of ... SG

German baked goods manufacturers Griesson-de Beukelaer (GdB) achieved growth of 4.3% in 2007, with sales totalling € 419.3 m (2006: € 402 m). € 248.3 m was generated on the ... SG

Chocoladefabriken Lindt & Sprüngli AG, Zürich, reports record sales once again in 2007. Organic growth amounts to 13.9% in Swiss francs and 11.8% in local currencies, which represents another year ... SG

Surinder Kumar, chief innovation officer at Wrigley, is to leave the company, the US-based gum giant has announced. Kumar, who joined Wrigley in 2000, was the company s first innovation ... SG

The Ecuadorian Chamber of Foreign Trade together with the Corporación de Promoción de Exportaciones e Inversiones (CORPEI) will be presenting chocolate products from Ecuador at the ISM. Visitors will be ... SG

Spanish sugar confectionery brand Chupa Chups will be 50 this year. In 1958 Enric Bernat invented the first sweet on a stick and called it “Chups” – from the Spanish ... SG

Founded in 1847, New England Confectionery Company (Necco) is one of the oldest
confectionery businesses in the U.S. It has been acquired by a group of investors made up of ... SG

Ferrero subsidiary Ferrero Russia CJSC has invested RUR 200 m (€5 m) in the Vladimir region, according to local news reports. The company hopes that the new factory will produce ... SG

According to media reports, PepsiCo has reached a definitive agreement to purchase Bulgaria-based Penelopa, a producer and seller of branded nuts and seeds. Terms of the agreement were not disclosed. ... SG

UK restrictions on adverts for products containing high levels of fat, sugar or salt have been extended, with effect from January 1st 2008. TV spots – advertising chocolate and crisps ... SG