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Europe needs specific policies to spur food industry growth: Trade associations

FoodDrinkEurope has called on the European Commission to recognise the importance of the food manufacturing industry to the EU economy, and to develop specific policies to encourage its growth, in...

Kellogg's "difficult" cut-backs

Project K: Kellogg chomps 7% of global workforce

Kellogg Company will axe 7% - 2000+ staff - of its workforce by the end of 2017 as part of a four year efficiency program designed to drive growth.

News in brief

Roshen rubbishes Orkla takeover rumors

Ukrainian chocolate maker Roshen has denied reports that it is set to sell the company to Norwegian group Orkla.

INFOGRAPHIC

Sluggish French confectionery sales expected up until 2017: Analyst

Slow growth in French confectionery runs deeper than the economic crisis since consumers are simply more health-conscious than their European cousins, according to market research.

ANALYST: 'BOTTOM LINE - CCE DELIVERED AGAINST A DIFFICULT BACKDROP'

Coca-Cola Enterprises shrugs off Pepsi GB surge and Suntory arrival

Coca-Cola Enterprises (CCE) insists analysts take a ‘mid-term perspective’ after Pepsi took volume and value share from Coke in Great Britain in Q3 2013 and says it is too soon...

Chr Hansen CEO on ‘solid’ 2013 profit: ‘We are very proud of our European performance’

Chr Hansen CEO Cees de Jong today praised the Danish enzymes, cultures and colours specialist’s 2012-2013 performance that saw revenues grow 6% to €738m for the year, and highlighted 5%...

EU-Canada free trade agreement ‘unacceptable’

The signing of a trade agreement establishing tariff-free European access to the Canadian dairy market has been welcomed by the European Dairy Association but roundly condemned by Canadian dairy stakeholders,...

SAB Miller CEO Clark targets mixed-gender drinking future

SAB Miller CEO Alan Clark says his company will work ‘over time’ to build beer demand and tap new consumption needs, stepping out of core lager and focusing on mixed-gender...

Nestlé needs to up premium game, but are there better options than Ferrero?

Nestlé should address its premium portfolio weaknesses, but perhaps there are better options than Ferrero, suggests a market analyst.

Haribo to construct second UK factory for $109m

Haribo has announced plans to build a £92m ($109m) factory in Castleford to keep pace with accelerating UK sales.

Flavour success in emerging and mature markets helps Givaudan to 'sustained growth'

Increased sales in developing markets for its flavour division have helped flavour and fragrance giant Givaudan to sustained growth above the market average for the first nine months of 2013.

Factory News

Barry Callebaut opens chocolate plant in Turkey; SunOpta completes Dutch cocoa site

Barry Callebaut has opened its first chocolate factory in Turkey, while SunOpta has completed a organic and specialty cocoa processing facility in the Netherlands.

Nestlé plans to sell underperforming brands

Nestlé CEO Paul Bulcke told an investor meeting on Tuesday that the company intended to divest some of its brands and shake up its portfolio.

Unilever warns of emerging market slowdown

Unilever has warned of a slowdown in emerging markets, in a surprise market update that saw its share price tumble in early trading on Tuesday.

News in brief

Funding boost for UK food and drink firms

A UK scheme has received almost £700,000 in funding to support the food and drink sector until the end of 2015.

Trigon Snacks likely to be snapped up by UK firm: Analyst

Nut manufacturer Trigon Snacks, the maker of UK Planters, will likely be bought out of administration by another domestic player, an analyst says.

Children's Food Campaign revives Olympics 'junk food' sponsorship complaint

The Children’s Food Campaign has revitalised its challenge against the presence of junk food brands at the Olympic games, criticising the "unrivalled platform" given to companies like Coca-Cola and McDonald’s. ...

Gifting chocolate weathers economic storm, says Thorntons

UK premium confectioner Thorntons has claimed consumer sentiment for gift chocolates is strong in spite of a troubled UK economy as it posts positive full year results.

SOLD! GSK exits drinks market

Glaxo sells Lucozade and Ribena to Suntory for £1.35bn cash

Ever-expanding Japanese beverage behemoth, Suntory, is the new owner of Lucozade and Ribena, which GlaxoSmithKline (GSK) has sold for £1.35bn (€1.6bn/$2.11bn) as it admits defeat in its internationalisation plans and...

News in brief

SAB Miller chair Mackay returns to work after illness

SAB Miller chairman Graham Mackay has returned to week following successful treatment for a brain tumor.

The Lipton Factor: Unilever spend doubles size of Tanzania tea business

Unilever is partnering the Tanzanian Government to reinvigorate the tea industry and ‘at least double’ its tea output in the country, where the leaves are used for top brands Lipton...

Arla profits boom as mergers bear fruit

Dairy giant Arla has doubled profits for the first half of its financial year, amid news the two mergers it undertook in 2012 were paying off.

News in brief

Burton’s Biscuits on sale for $543m

The UK second largest biscuit company Burton’s Biscuits has been put up for sale by its private equity owners and could command a £350m ($543m) price tag.

Editor's Blog

Analysis: Where is confectionery production moving?

We’ve delved into the ConfectioneryNews archives to chart newly built factories and major investments on existing plants by the industry’s major players over the past five years to discover where...

Lindt plans $217m investment on US and European factory expansions

Lindt & Sprüngli intends to invest CHF 200m ($217m) in new production lines at existing plants in the US and Europe in response to rising demand in developed markets.