19 November 2013
Ontario Teachers' Pension Plan, the Canadian pension fund, has taken majority ownership of Burton's Biscuit Co., ending months of speculation over who would walk away with the UK firm. The news provides clarity over the likely direction Burton's will take - confirming a focus on power brands and international expansion, Katy Askew suggests.
18 November 2013
Canadian pension fund Ontario Teachers' Pension Plan is set to become the majority owner of Burton's Biscuit Co., the UK firm behind brands including Jammie Dodgers and Wagon Wheels.
8 November 2013
Mondelez International has said it remains optimistic about the future of China and expects progressively improving sales from the region next year. Michelle Russell reports.
7 November 2013
Cadbury and Oreo owner Mondelez International has lowered its full-year sales guidance as it booked lower-than-expected revenues in the third quarter.
6 November 2013
Mondelez International unit Cadbury India has been granted a temporary injunction to prevent Lotte Confectionery from using the brand name Choclairs in the Indian market.
31 October 2013
India presents significant potential to overseas FMCG firms - and some, like PepsiCo, Cadbury and United Biscuits have built big businesses in the market. However, India has its own domestic titans while there are smaller firms that can compete by offering products that are different to bigger foreign brands. Raghavendra Verma reports from New Delhi.
21 October 2013
Burton's Biscuit Co. has confirmed it is actively seeking licensing partners in a bid to further grow its Jammie Dodgers brand.
16 October 2013
Burton's Biscuit Co., the UK firm behind brands including Maryland cookies and Jammie Dodgers, is up for sale. The first round of bidding has been completed and rumoured suitors include private-equity firms Apax Partners and CapVest, Canadian fund Ontario Teachers Pension Plan and Fox's biscuits owner 2 Sisters Food Group. Stefan Kirk of M&A advisors Glenboden suggests another private-equity firm, Bridgestone, which has just bought a biscuit business in Poland, should look at Burton's, too.
7 October 2013
Two of the industry's heavyweights - Nestle and Unilever - were in the headlines last week. Nestle admitted it will offload some under-performing brands, while Unilever issued a sales warning amid a slowdown in emerging markets.
4 October 2013
Nestle has won an appeal in a trademark dispute with Mondelez International-owned Cadbury UK that looks set to allow the world's largest food group to use the colour purple to package chocolate products.
3 October 2013
Mondelez International has decided to take its trademark battle with New Zealand confectioner Whittaker's to court.
17 September 2013
Chocolate giants including Nestle and Mars have moved to settle a class action lawsuit accusing them of price fixing and price maintenance in Canada.
16 September 2013
Mondelez International has signed a marketing deal with Twitter that will see the social network have dedicated teams working for the Cadbury owner in the UK, the US, India and Brazil.
11 September 2013
Burton's Biscuit Co. is to increase cookie capacity at its Blackpool manufacturing facility as part of its GBP13.5m investment plan for 2013.
9 September 2013
European retail giant Delhaize this week named its new CEO - ex-Metro executive Frans Muller - but his appointment, combined with the departure of its US boss, hit the company's shares. In the US, Mondelez International gave more detail on its plans to shake up its plant network and use fewer suppliers. And an investor in Smithfield Foods insisted it had received interest from rival suitors for the US pork giant that could be better value than the current agreed takeover bid from China's Shuanghui International.
4 September 2013
Oreo and Cadbury owner Mondelez International has revealed more details on its plans to boost margins, which will see it revamp its production network, do business with fewer suppliers and offer fewer SKUs.
2 September 2013
UK firm Burton's Biscuit Co. has booked a near-doubling in annual pre-tax profits, driven by a strengthened product mix and cost savings.
20 August 2013
Lindt & Sprüngli booked strong first-half revenue growth this morning (20 August), driven by a category-beating sales performance in Europe and North America. The Swiss chocolate maker said it is gaining market share in the face of ongoing economic challenges and a constrained consumer environment. CEO Ernst Tanner spoke to Katy Askew about how the company is convincing consumers to trade up - and why he sees cause for optimism in developed markets for the remainder of the year.
19 August 2013
Mondelez International is expanding its Cadbury Dairy Milk range in the UK by launching a line that pairs it with a second chocolate brand, Daim.
8 August 2013
Mondelez International has insisted its investment plans - and the "strength" of its brands - will protect the snacks giant from signs of a slowdown in key emerging markets.
7 August 2013
Cadbury and Oreo owner Mondelez International has reported lower half-year profits as it ups investment in emerging markets.
7 August 2013
Mondelez International has announced plans to build another Cadbury production plant in India.
1 August 2013
Mondelez International has extended its Cadbury Dairy Milk brand in the UK with the launch of bite-sized Pebbles.
29 July 2013
PepsiCo and Unilever are facing suggestions from parts of the investment community they should embark on wholesale changes to boost growth. Dean Best looks at whether the companies will listen.
25 July 2013
PepsiCo CFO Hugh Johnston has insisted a takeover of Mondelez International would be "too risky" after calls from activist investor Nelson Peltz to carry out the deal.
23 July 2013
Activist investor Nelson Peltz laid down the gauntlet when his investment vehicle, Trian Fund Management, issued a call for PepsiCo to merge with Mondelez International and then split its drinks and snacks businesses. While a number of hurdles stand in the way - not least apparent opposition from management - it is clear the pressure to perform has been turned up a notch or two as PepsiCo prepares to issue its half-year results tomorrow (24 July). Katy Askew reports.
23 July 2013
"Round like a circle in a spiral, like a wheel within a wheel. Never ending or beginning, on an ever spinning wheel." It is not often you get to quote Dusty Springfield lyrics as a business journalist. But this song plays through my head each time I think about the Peltz-PepsiCo-Mondelez rumours that are causing so much excitement.
23 July 2013
Mondelez International has launched a fish-flavoured Philadelphia spread in the UK - and plans to roll out a cucumber line later this summer.
3 July 2013
Nestle said it is "perplexed" and "confused" as to why it has lost a UK trademark ruling to protect the unique shape of its Kit Kat chocolate bar after claiming victory in the EU earlier this year.
25 June 2013
Hershey has been fined C$4m after admitting fixing the price of chocolate products in Canada.