News

Kraft Foods Inc. announced that Jean-Paul Rigaudeau (48) will replace Joachim Krawczyk (56) as president of the packaged foods maker s European operations, effective 2008, Jan. 1. Krawczyk is retiring ... SG

Nestle SA said its Russian subsidiary Nestlé Rossiya has acquired Ruzskaya Confectionery Factory (RKF) for an undisclosed sum. Completion of the transaction is subject to the usual regulatory approvals by ... SG

Barry Callebaut AG, Zurich, the world s leading manufacturer of high-quality cocoa and chocolate products, said it completed the sale of its U.S. sugar candy business Brach s to Farley ... SG

Spanish chocolate and confectionery group NATRA SA signed an agreement with the Braida family, the owners of Nutkao, to fully acquire the company for 48 m euro. The deal is ... SG

Italian confectionery company Ferrero plans via subsidiary Imsofer Manufacturing India Pvt Ltd to establish a new production facility near Indapur in Maharashtra, India. According to local press reports, Ferrero will ... SG

Gregg A. Tanner (50), senior vice president of global operations at The Hershey Co., is leaving at the end of the month, less than 18 months after joining the candymaker. ... SG

The Wm. Wrigley Jr. Company, Chicago, has seen rising sales in Europe and Asia boost third-quarter revenue as the company s shipments in North America fell. The company booked a ... SG

The second World Chocolate Masters, sponsored and organised by Barry Callebaut AG, took place at the first Salon du Chocolat Professionnel held in Paris. 20 of the world’s greatest chocolatecraftsmen ... SG

The US chocolate manufacturers The Hershey Company has reported a 66% drop in net income for the third quarter of 2007, as higher costs and a decrease in sales hindered ... SG

Barry Callebaut, the world’s leading manufacturer of high-quality cocoa and chocolate products, announces the launch of a unique new cocoa powder: Acticoa™ cocoa powder is a special cocoa powder that ... SG

Langley Holdings PLC announced that it has acquired the business and assets of Bradman Lake, the integrated packaging technologies group. Based in the UK with subsidiaries in Germany and the ... SG

Lindt USA has expanded its production facility in New Hampshire by 300,000 square feet, creating 500 new jobs. The factory produces about 7 million Lindor Truffle chocolates a day. Gov. ... SG

Barry Callebaut AG announced that it signed an agreement to acquire 100% of Food
Processing International, Inc. (FPI), a cocoa processing company in Eddystone near Philadelphia, Pennsylvania, U.S.A. FPI owns ... SG

Barry Callebaut AG, Zürich, and the Japanese food company Morinaga announced their intention to enter into a strategic alliance. The alliance involves the sale of cocoa and chocolate production equipment ... SG

Hershey will sell its Mauna Loa Macadamia Nut plant to PLK Partners, the company said. Terms of the sale to PLK Partners, a group of Hawaiian investors, were not announced. ... SG