Confectionery

Raisio Sells Confectionery Business To Valeo Foods In €100m Deal

Finnish food group Raisio has announced that it is selling its confectionery operations in the UK and the Czech Republic to Valeo Foods Group. The &euro...

Biggest Argentina Food Company Seeks Partner For Asia Growth

The world’s biggest maker of hard candies is seeking a strategic partner to help it expand outside Latin America. Arcor SAIC, the closely held Arg...

Ferrero To Acquire US Confectionery Company Ferrara

Chocolate confectionery company Ferrero has announced plans to acquire US-based Ferrara Candy Company, which produces brands such as Trolli gummy sweets an...

Hershey Sees Marginal Sales Growth In Second Quarter

US confectionery company Hershey has reported that net sales increased by 1.5% to $1,663 million during the second quarter of 2017. This gives the compa...

Lindt & Sprüngli Sees Group Sales Rise 3.1% In First Half

Confectionery firm Lindt & Sprüngli has posted a group sales increase of 3.1% to CHF 1.55 billion in the first half of its financial year....

Confectionery Firm Cloetta Sells Italian Operations To Katjes

Swedish confectionery group Cloetta has signed an agreement to sell its Italian operations to Germany’s Katjes International. The agreement confer...

Italian Pasta Production Rises 1.6% In 2016

Italy has affirmed its status as the world's largest producer of pasta with 3,324,636 tonnes produced in 2016 (+1.6%) and sales of €4.74 billion (-1.1...

Lotte Splitting Into Holding Company In Bid To Bury Family Feud

Retail and food conglomerate Lotte Group plans to divide four key businesses valued at about $12 billion into operating and holding units, slashing the num...