Cadbury Schweppes has said it will separate its confectionery and
US soft drinks businesses, sending ripples of speculation across
the financial sector about the firm's motives.
As the makers of Perrier water absorbed the full consumer backlash
from recalling drinks containing benzene in the US, Cadbury
Schweppes quietly pulled one of its own products for the same
reason, new documents show.
Chocolate has a nice feeling to it - tasty, fun, luxurious and
slightly sinful. This is comfort food, accessible to all and
epitomised in the recent film, Charlie and the Chocolate Factory.
Cadbury Schweppes has announced an $18m (€14.2m) expansion to its
Australian chocolate plant, making it the largest chocolate
manufacturer in Asia Pacific.
Cadbury Schweppes is awaiting approval for the sale of South
Africa's beverage firm Bromor, as the firm shifts global focus from
fizzy drinks to gum production to address changing consumer trends.
British confectionery and soft drinks giant Cadbury Schweppes may
be turning its focus to the confectionery market, if recent
speculation on a decision to sell its European soft drinks business
is fulfilled.
British confectioner Cadbury is to enter the flourishing organic
chocolate sector for the first time, after acquiring Green and
Black's - the company behind the UK's fastest growing confectionery
brand, Tom Armitage reports.
Dr Pepper, the Cadbury subsidiary which claims to be the biggest
non-cola soft drink producer in the US, is the latest company to
see the potential of milk, launching a range of flavoured milk
drinks under the Raging Cow brand and...
Cadbury Schweppes has had a busy week. While yesterday's
acquisition of the US confectionery group Adams was undoubtedly the
most important in the company's recent history, Cadbury has also
revealed that it is planning a...
Potential buyers for US confectionery giant Hershey are close to
putting their bids on the table, despite ongoing legal hitches,
sources familiar with the situation said on Sunday.
A new energy bar with guarana has been launched by UK confectionery
group Cadbury Schweppes, the first 'mainstream' chocolate bar to
enter the energy market. Boost Guarana is said to offer as much
extra energy as an energy...
Nestle and Cadbury, the two European confectionery giants, are
reported to be discussing a joint bid for Hershey, the US chocolate
maker. But while a joint bid is unlikely, both firms could profit
from the sale.
US gum manufacturer Adams is seen as a 'must-have' acquisition for
Cadbury Schweppes if it wants to truly become a global player. But
it faces strong opposition from rival players.
British confectionery and drinks group Cadbury Schweppes is set to
announce a 350 million pound (€569 million) takeover of privately
held Danish chewing gum firm Dandy, the Sunday Telegraph reported,
according to a Reuters story.
UK confectionery and drinks group Cadbury Schweppes has agreed to
acquire juice maker Nantucket Allserve, from cranberry growers
cooperative Ocean Spray Cranberries, the company announced this
week.
UK confectionery and drinks group Cadbury Schweppes is preparing a
$2 billion (€2.27bn) bid for the chewing gum and cough drops arm of
Pfizer, the world's largest drugs company, a British Sunday
newspaper reported.
Cadbury Schweppes announced that it has agreed to acquire a 51 per
cent equity interest in Kent, the leading sugar confectionery
manufacturer in Turkey, in addition to a majority equity interest
in its distribution arm, Birlik.
UK drinks and confectionery group Cadbury Schweppes this week
announced a strong financial performance for 2001.Sales rose 21 per
cent to reach £5,519m (€9.02m), up from £4,575 m in 2000 and
underlying profit (before tax) was up 18...
UK sweets and soft drinks group Cadbury Schweppes on Wednesday
shrugged off weakness in the U.S. beverages market to say it was
confident of meeting its earnings target this year.
The British beverage and confectionery group, Cadbury Schweppes,
has warned the US Federal Trade Commission that the proposed US$
13.3bn acquisition...
