Subscriber News
Kraft Set Sights On High Growth Developing Markets |
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Thursday, 11 February 2010 |
Kraft Set sights on high growth and high margins in exciting developing markets such as India, Mexico and China and now have the key to pull the trigger.
(See also full report Kennedy’s Confection magazine Feb 2010)
Analysts say it will take Kraft Foods Inc. at least two years to realize any financial benefits of its acquisition of Cadbury Plc. And even though champagne corks might be opened in the Kraft camp, it’s fair to say that there are going to be some major challenges in integrating Cadbury plc. But the rewards will be worth it.
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Hershey could now be a prize target for Nestle |
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Thursday, 28 January 2010 |
LONDON (Reuters) - Swiss food group Nestle is likely to set itself a
long-term goal to buy Hershey after the Kraft-Cadbury deal, hoping that
market pressures will wear down opposition from the controlling Hershey
Trust.
Nestle, the world's largest food group is set to drop to No. 3 in the
chocolate world behind Mars-Wrigley and Kraft-Cadbury, an unfamiliar
role for a company that holds No. 1 or No. 2 positions in all its key
segments.
If Nestle bought Hershey it would put Nestle at No. 1 position again.
The charitable Hershey Trust controls 80 percent of voting shares at
the maker of Hershey Kisses, effectively blocking any takeover,
analysts believe hurdles preventing a takeover or even a joint venture
will now start to ease. They argue that after Kraft and Cadbury join,
Hershey's main U.S. market will become more competitive and that
Hershey as a pure confectionery player is more exposed to commodity
costs like cocoa and sugar than wider ranging groups.
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Jutrzenka in Poland reported to be interested in buying Wedel from Cadbury |
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Sunday, 10 January 2010 |
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The European Commission conditionally approved the proposed acquisition of British confectionery company Cadbury by U.S. snacks giant Kraft Foods. However this is conditional of certain divestments of Polish and Romanian assets. Wedel, owned by Cadbury are strong players in this market.
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Friday, 08 January 2010 |
Aasted-Mikroverk and A.E. Nielsen have announced they have merged. They will trade under one name, Aasted, as of January 1, 2010. The group also contains the company Aasted DFT, who sell large industrial bakery oven lines. Aasted now have a wide market potential with an extensive product assortment. The merge means the company is poised for firm future expansion.
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Petra Foods Raises €120m For European Cocoa Ingredients Business |
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Wednesday, 30 December 2009 |
Petra Foods, has risen €120m from a consortium of six banks in Europe on December 23, 2009. The company has raised the cash for its subsidiary, Delfi Cocoa, manufacturer and supplier of cocoa ingredients and confectionery products. Petra’s cocoa processing facility started production in May 2009 under the subsidiary bane Delfi. Co-ordinated by Fortis Bank the transaction was over-subscribed and further funds were raised above the original €100m - €110m target. The funds will be to used to refinance existing loans and to finance the increase of working capital for the groups European business.
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Thursday, 17 December 2009 |
Innovation in exciting shapes, colours and wrappings is leading the way to a dynamic industry.
Lollipops are enjoying a revival. The retro confectionery has moved on featuring many different and sophisticated facets – from the ingredients through to the shapes, sizes and wrappings. Colour and shapes have become major selling points for the industry which, in turn, is claiming more dynamic shelf space at point of sale. The supermarkets have prompted the revival of this traditional confectionery which was originally the darling of small shops at British seaside resorts.
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Children favour shapes and flavour |
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Thursday, 17 December 2009 |
Confectionery products targeting children are difficult to define as a category in their own right. This is because many confectionery products are consumed by adults and children alike. However, some categories, like pastilles, gums, jellies and chews, boiled sweets and chocolate with toys, are mostly targeted at children. Children generally determine the way these products are marketed, the nature and direction of innovation as well as local and global distribution patterns.
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Foxes Biscuits invests in Robotics |
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Tuesday, 10 November 2009 |
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Northern Foods is set to spend £26.5m on robot technology
within their sites in Batley, West Yorkshire, Kirkham, Lancashire and
Uttoxeter.
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Gaining a competitive edge |
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Thursday, 05 November 2009 |
The Dutch company, CFS Aquarius is driven by Lifecycle Performance. The result is an unrivalled range of versatile lollipop and confectionery packaging equipment that works at high speeds with minimum operator involvement, easy operation and cleaning and this combined with predictive maintenance, that considerably reduces downtime
In such a hugely competitive market, lollipop and confectionery producers must differentiate themselves from the competition.Clearly consumers need attractive wrappers and packages, so producers rely heavily on creative marketing to stand out from competitors at the Point of Sale. That means placing the fewest possible limitations on forming, wrapping and packaging shapes and materials.
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Leader in chocolate emulsifiers |
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Thursday, 05 November 2009 |
Palsgaard was the first company in the world specialising in the manufacture and development of emulsifiers for the food industry. Today, the company offers more than just ingredients....Its extensive application services are key to the success of many of its customers product development projects.
‘Quality control is a fine thing, but self-control is even better!’
so says Palsgaard, a global leader in emulsifier solutions for the
chocolate industry. To prove this, the company produces all of its
emulsifiers in state-of-the-art production facilities in strict
compliance with procedures implicit in the HACCP principles and the ISO
9001 system. The company’s philosophy also sees it continually
investing in the development of its ingredients to ensure it is able to
offer its customers ingredients with value-added properties to enable
them to keep pace with consumer trends and demands.
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Innovation From The Netherlands |
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Thursday, 05 November 2009 |
By Angus Kennedy
Ok, I am now ready to start writing about this truly wonderful country and its people and I would like to thank those Dutch companies that provided us with so much candid information about Dutch people and their culture. You can’t write about Holland without picking up the phone and talking to the Dutch. I was told straight away, ‘you will find Dutch people all over the world and if you do not find Dutch people in a country, then you will not be able to make a living there!’
The Dutch are robust, to the point, honest and have become known as some of the best negotiators in the world. I should know; I sold advertising to companies in Holland for over half of my life! Of course just because they are sharp on barter, does not mean in any way that you are going to get a bad deal. Moreover, the opposite, their attention to detail, service and quality is second to none...
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For the love of chocolate |
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Thursday, 05 November 2009 |
People crave it. It may protect our hearts, and could also stave off inflammation... But what effect does eating chocolate have on our behaviour? Dr G Neil Martin, from the Department of Psychology at Middlesex University in the UK, investigates further...
Sex, drugs, rock and roll, and cinema seating preferences… psychologists have devoted much time and effort to studying a myriad interesting, exotic things in the discipline’s short history. But one subject, which seems to have more allure than the standard psychological fare, has been largely neglected. Chocolate! Despite the popularity of what the Aztecs called ‘bitter water,’ psychology, and indeed, science in general – has been somewhat aqueous...
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