Two opposing forces within the sweet biscuits market are at work globally, according to Innova Market Insights. The treat image of biscuits is driving the premium sector forward, while rising
Tag "biscuits"
Private equity firms Blackstone Group and PAI Partners are reported to be considering splitting their United Biscuits business into two elements – one centred on biscuits and the other on
Kraft Foods plans to invest £50 million in its UK confectionery manufacturing operations while cutting the workforce by 200 people. The 200 jobs will be shed at Kraft’s sites at
Burton’s Foods, the UK’s second biggest biscuits manufacturer, is rebranding its business and changing its trading name to the Burton’s Biscuit Company. The move is intended to strengthen the company’s
Reflecting its strategy of expanding in emerging markets, PepsiCo is reported to have acquired Mabel, one of Brazil’s leading biscuit manufacturers, in a deal worth between 800 million and 900
Pobeda, the leading manufacturer of biscuits and mini cakes in Bulgaria, is to expand output by a third following investment of lev 10 million (Eur5 million) in two new production
Kraft Foods is investing $36 million to build a biscuit factory in Ukraine. Based at Trostyanets, in central Ukraine, the new facility is due to commence operations in the fourth
Belgium-based biscuits and cakes manufacturer Lotus Bakeries increased consolidated turnover by 5% to Eur133.6m in the first half of 2011. On a like-for-like basis, taking into account the termination of
With sales of biscuits, cookies and crackers having increased 22% over the past five years to reach a delicious £2.2 billion in 2010, Mintel forecasts that the UK biscuit market
The European Bank for Reconstruction and Development has invested Eur10m to acquire a minority stake in Hlebprom, a leading Russian cake and biscuit producer which has developed its own national
Chinese food conglomerate Bright Food Group is reported to be in pole position in the race to acquire PAI Partners’ 50% stake in Yoplait. Rivals for the shareholding in the
United Biscuits, leading European manufacturer of biscuits and snacks, has appointed Benoit Testard as its group chief executive, effective from Monday, 21st February. Formerly, Benoit Testard successfully led the group’s
Burton’s Foods, the second largest biscuits manufacturer in the UK, is to close one of its factories. The company is closing its factory at Moreton, which makes Jammie Dodgers and
The exclusive talks to acquire United Biscuits, the British and international biscuits and snacks manufacturer, between its owners and Chinese food conglomerate Bright Food Group are reported to have ended
Northern Foods and Greencore, two of the UK’s leading convenience food processors, are to merge to create Essenta Foods, a £1.7b turnover business with strong positions in private label production
The exclusive talks to acquire United Biscuits, the British and international biscuits and snacks manufacturer, between its owners and Chinese food conglomerate Bright Food Group are reported to have stalled
Kraft Foods has opened a European Gum and Candy Research & Development Centre at Eysins in Switzerland. The $14m state-of-the-art facility will focus on innovation and new product development for
Due to rising export sales of its biscuits and cakes in France, Netherlands, UK, US and Asia, Lotus Bakeries is investing Eur27m to expand production capacity at its Belgian operations
Chinese food conglomerate Bright Food Group is reported to be holding exclusive talks to acquire United Biscuits, the British and international biscuits and snacks manufacturer, for more than £2b. Private
Kraft Foods has just outlined its new global development strategy and expects to deliver organic revenue growth of 5% or more, margins in the mid- to high-teens and earnings per
Spanish food group Grupo Siro has opened a new Eur6m research and development facility at El Espinar in northern Spain. The 3,000 sq m facility, which will house a team
Belgium-based biscuits and cakes manufacturer Lotus Bakeries increased current operating profit by 8.8% to Eur17.5m in the first half of 2010 as consolidated turnover edged up 1% to Eur127.2m. On
US-based Campbell, the world’s largest soup company, is reported to be preparing a £1.5b break-up bid for United Biscuits, the
Private equity firms Blackstone Group and PAI Partners are reported to be seeking to sell British and international biscuits and
The Magazine
Advertisements
