Mondelēz International is letting 250 staff go at its chocolate factory at Bournville, which makes a range of Cadbury branded products, including Cadbury Dairy Milk.
Lindt reached record annual sales this morning, surpassing CHF 3bn for the first time - surprising growth given cocoa price hikes and a tough market, an analyst says.
The owner of an Icelandic brewery poised to launch a controversial whale testicle-flavored beer tells BeverageDaily.com the beer has a ‘unique smoked flavor’ and insists Icelandic whaling is sustainable.
Snack sales and volumes across Europe remained strong last year, creating a conservative R&D sentiment throughout industry, says the European Snacks Association (ESA).
Findus Spain has agreed to buy Nestlé’s La Cocinera frozen ready meals business for an undisclosed sum, subject to approval from Spanish competition authorities.
Kellogg has secured a gateway to introduce its own brands in the promising MEA region by acquiring a controlling stake in Egyptian biscuit maker BiscoMisr, says an analyst.
The UK Competition and Markets Authority (CMA) has ruled that Pork Farms’ acquisition of Kerry Foods’ chilled savoury pastry (CSP) business may substantially lessen competition in the sector.
The European Commission has opened an in-depth investigation of Mondelez International’s proposed $5bn joint venture with competitor coffee firm Douwe Egberts Master Blenders 1753.
The holidays are fast upon us, so let’s put ‘business’ to one side and get into the festive mood. To keep in the spirit of things, we’ve got a ‘gift’ for you – enjoy. Happy Holidays!
The CEO of Stevia Natura tells us why the French company is winning with customers including one high-profile dairy-based drinks brand, but admits high ingredient quality carries a cost.
Abu Dhabi-based food and beverage giant Agthia Group says the bottled waters industry faces a challenge to persuade UAE consumers to swop soft drinks for water as a ‘natural rehydrator’.
New technologies are vital to the future growth of the food and nutrition industry, but their future success depends on much more than the science behind them.
More than £20.2bn was exchanged in food and drink business mergers and acquisitions (M&As) in 2014, according to figures from Catalyst Corporate Finance (CCF).
Russian claims about the quality of Danone and PepsiCo dairy products are not the result of an industry association power struggle, says the National Dairy Producers Union (SOYUZMOLOKO).
Indonesia plans to process half of its seaweed domestically by 2020, meaning the carrageenan supply chain could see massive geographic diversions in the future.
Under fire Premier Foods has backtracked on its controversial ‘pay-and-stay’ programme, after a storm of criticism about its demands for suppliers to invest in the business or lose their listing with the firm.
Unilever is planning to set up a standalone business unit for its North American and European spreads, prompting speculation that it is planning a spin off - something bosses have denied.
WINE VISION 2014: TAYLOR'S PORT CEO ALSO WARNS OF RACE TO BOTTOM
Troy Christensen, CEO of Enotria Wine Cellars, warns the wine industry that spirits and beer have stolen its play book and says the industry needs to build ‘brand wine’ more effectively to attract consumers who can afford premium wines.
The chancellor’s Autumn Statement should deliver more incentives to encourage innovation and research and development, according to the boss of meat alternatives business Quorn Foods.
The Coca-Cola Company and SAB Miller have inked a deal to combine their non-alcoholic bottling operations in Southern and East Africa into a $2.9bn turnover business that will accelerate sales in 12 high-growth countries.
ConAgra Foods has opened its first plant in China, a Lamb Weston potato processing plant in Shangdu, Inner Mongolia, giving the company in-country supply capabilities to strategic customers in China.
By Barney Wallace, associate partner at OC&C Strategy Consultants
Bigger isn't necessarily better when it comes to achieving international success, argues Barney Wallace from OC&C Strategy Consultants in this guest article.
Mirabeau En Provence owner Stephen Cronk says the desire for a direct consumer connection inspired him to record a 50 second YouTube video that's won the Rosé producer a staggering 8m+ views to date.
French dairy giant Lactalis has entered the race to acquire Arab Dairy Products Company with an offer that tops all earlier bids for the Egyptian cheesemaker.
Cereal Partners Worldwide (CPW) has developed Nestlé gluten-free cornflakes for select European countries to capture increasing interest from non-celiac dieters.
Synthetic biology pioneers team up to create 'powerhouse in yeast fermentation technologies'
Evolva - the Swiss ‘synthetic biology’ company developing stevia, vanillin, and other ingredients via microbial fermentation - is to acquire San Diego-based Allylix to create a “true powerhouse in yeast-based fermentation technologies”.
DSM Food Specialities claims that, far from being cautious, craft brewers are embracing the possibilities its enzyme to create gluten-free beer offers.
Mintel says European consumers have a growing thirst for non-alcoholic beer, and analyst Jonny Forsyth suggests big brewers should work harder to hit this sweet spot, particularly among older consumers.
Bakkavor revealed plans for a multi-million pound investment in its chilled bread plant at Crewe as it reported results up to the end of its third financial quarter (Q3).
Mondelez International has said it will invest $24m (€19.3m) to expand its Gebze plant in Turkey, as the company continues its plan to increase productivity and cut costs.
Coca-Cola Hellenic’s CEO says the firm is keen to take Monster Energy into new markets, as its lackluster performance in developed markets led by Italy hit summer soda sales.
Food minister George Eustice has stressed the importance of the soft drinks industry to the UK economy and applauded its achievements in reducing its environmental impact.
India could be the ‘new China’ for food and drink manufacturers looking to increase margins and supply emerging markets in Asia, two industry experts have claimed.
Mondelēz International third-quarter earnings fell 11% compared to last year due to disputes with French retailers over wholesale pricing changes and 'soft' developed market demand.
![European Snacks Association director-general: 'Besides the special occasion of the World Cup, we didn’t see such a big plethora of new product development [in 2014]'](/var/wrbm_gb_food_pharma/storage/images/_aliases/news_teaser_medium/5/9/4/4/1134495-1-eng-GB/Snack-innovation-2014-conservative-ESA.jpg)
