Reflecting the continuing industry trend toward outsourcing, Barry Callebaut said a new supply deal it has agreed with Hershey will put its annual deliveries beyond the current 80,000 metric tonnes.
Leading food manufacturer Kraft has paid £575m (€829.6m) for United
Biscuit's southern European snack business. The deal was signed off
over the weekend, said British daily The Financial Times.
American manufacturer Kraft will make a bid for United Biscuit's
southern European division, while Premier Foods and a Dutch equity
firm negotiate for stakes in UB's northern European operations.
The largest US food company Kraft Foods has approached the
consortium of shareholders that owns Britain's United Biscuits with
a buy-out plan, according to British paper The Business.
US food and beverage company Kraft Foods Inc. announced this week
that it has acquired Australian biscuit producer, Lanes Food Group.
Several Nabisco brands have been licensed to Lanes in Australia
since 1991.
Leading Philippines' milk firm, Alaska Milk Corporation (AMC), said
on Tuesday that from April it will terminate a cereal distribution
deal with Quaker...
Kraft Foods, Inc., the US food group, recently announced its plans
forintegrating operations of Nabisco with its Kraft Foods North
America and KraftFoods...