Reports of my death have been greatly exaggerated, quipped Mark Twain. Predictions of the demise of Cadbury following the approval of Kraft’s offer are premature and are flawed by knee-jerk anti-Americanism.
The private equity owner of Chr Hansen, PAI Partners, is evaluating the possibility of publically listing the company, the Danish ingredients company has confirmed.
Stevia personality Angus Flood has been appointed EVP of strategic development at Wisdom Natural Brands, tasked with developing corporate strategy and building the company’s market share.
Kraft is the overall winner in the battle for UK confectioner Cadbury, and it looks like the US food group has netted a bargain in the final price, claim US analysts Bernstein Research.
Kraft has struck an £11.7bn deal to acquire Cadbury in a move that could bring to an end months of fierce corporate battles, and Confectionerynews.com has constructed a timeline of key events in the takeover saga.
Associated British Foods has started its new financial year with a surprisingly good performance from its sugar business, causing analysts to raise their eyebrows and their H1 expectations.
The worst of the global economic crisis on chocolate is over but global market volumes will remain flat throughout 2010, predicts Barry Callebaut – which itself is expecting to outperform the market.
The difference between British and continental European chocolate preferences means the acquisition of Cadbury by Kraft would not present competition problems, the European Commission has said, as long as Cadbury’s concerns in Poland and Romania were...
Kraft has sold its frozen pizza business to Nestlé to help fund its offer for Cadbury after Nestlé pulled out of the bidding for the British confectioner.
