News

Scandinavian confectionery group Cloetta Fazer has reported a 7% rise in first-quarter profits despite a dip in sales in its core markets, according to media reports. Cloetta Fazer, the leading ... SG

Barry Callebaut AG is exploring the health benefits of cocoa butter for diabetics. Studies conducted by the Center for Molecular Medicine (CMM) in Stockholm, Sweden, found that cocoa butter might ... SG

In the first quarter of 2007, the Swiss food concern Nestlé SA, Vevey, reached consolidated sales of CHF 24.3 bn, up 6.4% over the same period last year. Reported sales ... SG

The Hershey Foods Corp. reported first-quarter 2007 earnings that met analysts expectations. Hershey, which announced last month it will cut thousands of jobs, including up to 900 at its ... SG

The Wm. Wrigley Jr. Company will introduce to U.S. consumers this summer, 5, a groundbreaking, new sugar-free stick gum with mouth-freshening, long-lasting flavors combined with invigorating sensations "you can feel ... SG

Cadbury Schweppes announces that it intends to separate its confectionery and Americas Beverages businesses. The Board is evaluating the options for separation to maximise shareowner value. Further information will be ... SG

The Wm. Wrigley Jr. Company, Chicago announced that Mary Kay Haben has been named Group Vice President and Managing Director, North America reporting to Bill Perez, President and Chief Executive ... SG

The Topps Company, Inc. announced that it has entered into a definitive agreement to be acquired by Michael Eisner s The Tornante Company LLC and Madison Dearborn Partners, LLC, a ... SG

Alongside Sweets China - Powered by ISM, taking place September 5th - 7th 2007 in the Shanghai New International Expo Center (SNIEC), Koelnmesse is cooperating with other groups to develop ... SG

The Canadian company group CCL Industries Inc. has announced the acquisition of the sleeve label business of Illinois Tool Works Inc. (ITW). ITW produces shrink-film sleeve labels for the European ... SG

For seven years, the low-price German grocery chain called Aldi has been quietly doing business with a few locations in Connecticut. Now the company is making aggressive moves toward expanding ... SG

PepsiCo Inc reported continued strong performance in the fourth quarter of 2006. Reported net revenue increased 3% in the quarter. Excluding the impact of an extra reporting week in the ... SG

Despite a summer heatwave and overall,unseasonably warm temperatures Alfred Ritter GmbH & Co KG,Waldenbuch,achieved sales worth approximately € 284m in 2006 which matched 2005 results. A decline in domestic market ... SG

The US concern Kraft Foods has announced to sell its Sugus and Silvana confectionery businesses in Romania to the local company Kandia-Excelent SA. The buildings and land owned by the ... SG

Sucralliance, the sugar confectionery business unit of the French group Cemoi, has repurchased Dupont d Isigny. Based to Carentan, the company is famous for its caramels, produced with Norman butter. ... SG