News

Lotus Bakeries NV, Lembeke, Belgium announced that it will acquire all the shares in Koninklijke Peijnenburg BV, Geldrop, The Netherlands from Happen Naar BV, the holder of all the shares ... SG

The Norwegian listed company Orkla has signed an agreement of buying more than 75 percent of the shares in CJSC Krupskaya Confectionery Company, a Russian chocolate company with a market ... SG

The British chocolate producer and retailer Thorntons plc has appointed the turnround specialist John von Spreckelsen as chairman. Von Spreckelsen was previously CEO of Budgens plc for nine years, before ... SG

Cadbury Schweppes plc, London, completed the purchase of South Africa s leading chewing gum company Dan Products for € 53.7 m. The purchase has been cleared by the South African ... SG

PepsiCo Inc.yesterdayreported that first quarter net income increased by 12%,while EPS was up 13%, driven by a 9% increase in net revenue. Each of the company’s operating divisions contributed top ... SG

The All Candy Expo fills Chicago’s McCormick Place with the latest creations and fantastic flavors the candy industry has to offer. From June 6 to 8, the National Confectioners Association’s ... SG

Accondring "Bloomberg.com", Ken Morrison has agreed to relinquish his chairmanship of Wm Morrison Supermarkets PLC. Morrison s purchase of Safeway PLC in 2004 angered shareholders who point to the company ... SG

During the first quarter of 2006 sales of confectionery in German food retail stores ( not including the Aldi discount chain) rose 0.4% to total € 1.615 bn. Given that ... SG

Snack concerns The Lorenz Bahlsen Snack-World GmbH & Co KG Germany, Neu-Isenburg, and Intersnack Vertriebs GmbH,Cologne,have agreed to an exchange. According to reports Intersnack is to take over the French ... SG

The sugar company Tate & Lyle launched legal action yesterday against a Chinese company that stands accused of stealing its sucralose manufacturing technology as well as six importers of sucralose ... SG

According the US online agency "Gannett News Service ", the money schools have received from soft drink suppliers for the exclusive right to sell their products on campus has paid ... SG

The California-based candy maker See s Candies Inc. is utilizing Internet sales and holiday gift shops in a push to raise its national profile. See s is looking to increase ... SG

A new study hints that eating milk chocolate may boost brain function.
"Chocolate contains many substances that act as stimulants, such as theobromine, phenethylamine, and caffeine," Dr. Bryan Raudenbush from ... SG

France’s chocolate company Cémoi has increased the industrial chocolate production by almost 30% over the past two years. It now represents 45% of the group’s total output which in 2005 ... SG

United Biscuits plc reported that 2005 revenue from continuing operations increased by 4.7% to GBP1.3bn (€2.2bn), while business profit increased by around 25% to a little over GBP2bn. Total key ... SG