Category Archives: Companies

Details of Cadbury deal emerge

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Details of the deal between British confectioner Cadbury and Kraft have emerged which show the US food manufacturer paid the equivalent of 850p per share. It is thought that the deal was finally clinched in the early hours of the morning on Wednesday January 20th, with Cadbury accepting an offer worth £11.9 billion from Kraft. The Times reports that Cadbury’s… Read more »

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Northern Foods sales up on bakery operations

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Like-for-like sales at Northern Foods PLC during the third quarter ended 26 December were flat compared with a year ago, reflecting the company’s planned exit from marginal frozen pastry contracts. For the nine months ended 26 December, like-for-like sales were up 1.9%, led by good growth from the company’s chilled and bakery operations. “Northern Foods has delivered a resilient Christmas… Read more »

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Kraft, Cadbury’s defence is ‘underwhelming’

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Activity is heating up around the British confectionary brand Cadbury after the publication of a defence document on January 12th stating that Kraft’s takeover offer was “even more unattractive”. Reports have emerged through the Reuters news agency that sources close to the Italian company Ferrero and the US food manufacturer Hershey have ruled out either company putting in a rival… Read more »

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Nestle has launched a new research and development centre

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Nestle’s new center, R+D Santiago, will lead the research and development worldwide in biscuits and cereals snacks, and will focus on innovation and product renewal. This will bring together specialists from different areas as nutrition, technology, product development and quality control. The center will develop new technologies that will help further reduce levels of sugar and fat so that cookies… Read more »

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Nestle acquires assets of Kraft Foods in the U.S. and Canada

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Nestle announced the acquisition of three thousand 700 millions of Dollars from the U.S. sector activities of Kraft Foods in the U.S. and Canada. So far, Nestle held a position of second order in the frozen pizza industry in the United States. With this operation, the group expanded its presence in this market, the largest in the world with approximately… Read more »

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Analyzed Hershey and Ferrero alliance to create offer with Cadbury

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The British press hopes that the new is confirmed, while the market awaits the reaction of Kraft. The American firm Hershey and the Italian Ferrero studied together to jointly bid for Cadbury, as the British press. The alliance of the two companies of multinational dimension is presented in the form of an only viable alternative to the public offer of… Read more »

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Berlys presents its new varieties of bread

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Berlys, company specialized in manufacture and marketing of products precooked and frozen of bakery and pastry making one has the Catalogues widest of the sector of bakery. Hundreds of references which are now added with new products, from different formats and of excellent quality, are very in agreement with the last tendencies in food. In its vast bread range Restoration… Read more »

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