Mars has moved to take full control of Wrigley, buying the minority stake held in the chewing gum maker by Warren Buffett. The deal could cr...
Hershey turned down a takeover approach from Mondelez International last week (30 June). At US$107 per share, the cash-and-shares offer valu...
Wrigley dominates chewing gum - its market share in the UK for example is north of 80% - but in a bid to keep growing (and indeed freshen up slowing sales) here, the Mars-owned business has embarked on a series of initiatives. But could emphasising the link between sugar-free gum and oral health in a more direct way give a bigger boost to sales?
Ensuring product availability rates are as high as possible has never been as important, with growth in the grocery sector hard to come by. IRI's Mike Ray argues retailers' supply chain systems are not enough and better data analytics of store sales and promotions can benefit supplier and retailer.
Working with Kantar Worldpanel, just-food provides a data set showing the ten most-chosen food brands in the BRICs in 2013. Ferrero's Kinder and Mondelez International's Alpen Gold were new entrants into the list.
US gum sales have been in decline since 2010. The category is failing to attract what were once its key consumer group - young people. Mondelez International's move to extend its Sour Patch Kids brand into gum, teaming it with Stride, is a clear attempt to reach out to this demographic. However, Katy Askew is dubious about whether this will result in long-term sales lift.
The US food industry is facing some significant challenges, from rising concern over health and wellness, to the growing awareness among consumers of sourcing and supply chain issues and to new consumption patterns. Katy Askew spoke to Tracey Massey, president of Mars Inc's Mars Chocolate North America division, and Casey Keller, president of its Wrigley North America confectionery division, to find out how the company is responding.
Ferrero, the Italy-based confectionery giant, first entered the UK back in 1966 and has steadily built a business generating GBP200m sales a year. However, under local managing director Christian Walter, the group is planning an offensive on this side of the English Channel. For this month's just-food interview, Dean Best met Walter to discuss Ferrero's plans.
Mars Inc has said there will be an impact on jobs from the combination of its chocolate business with Wrigley - but the US food giant insisted the creation of Mars Wrigley Confectionery is "about growth".
Mars Inc., the US food giant, has unified its chocolate and Wrigley operations in one business after buying out Warren Buffett from his investment in the chewing gum maker.
Mars Inc subsidiary Wrigley is investing RUB600m (US$10m) in modernising its manufacturing facility in St Petersburg, Russia, to support the launch of a "Russian-developed" Juicy Fruit chewing gum product.
Mars Inc., one of the world's largest food manufacturers, today (29 June) announced a "global strategic business partnership" with China-based online and mobile commerce firm the Alibaba Group.
Mars Inc has moved to increase its production of Skittles in the US to meet "rising demand".
Mars Inc. is to combine the sales and marketing operations of its food and Wrigley gum businesses in Spain.
Mars Inc. is taking its Wrigley's Doublemint gum brand into the UK mints category.
Mars has announced its support for the amount of sugars added to foods on sale in the US to be included on nutrition labels.
US ice cream maker Blue Bell Creameries this week expanded its product recall as it reacts to a listeria outbreak linked to three deaths. In Europe, Dutch horsemeat trader Willy Selten was sentenced to a jail term. And China has filed a dispute at the WTO over the EU's tariffs on poultry products.
This week, Wrigley confirmed it is building a new gum plant in Kenya to help expand in a number of African markets. US confectioner BBX Sweet Holdings announced the acquisition of local peer Kencraft Candy, while FrieslandCampina revealed plans to close its cheese packing plant in Lochem. We also interviewed the general manager of Al-Rawabi, Dr Ahmed El Tigani, who told us about the UAE dairy company's recent move into functional dairy. Here is the week in quotes.
Wrigley is building a new gum plant in Kenya, replacing a site near Nairobi, as the company bids to expand its presence in the wider continent.
This week, Tesco found itself in more deep water with the UK's grocery watchdog saying it suspects the UK supermarket has breached the code of practice governing dealings with suppliers. Elsewhere, Arla announced a joint venture in Australia which it hopes will multiply its business in the country significantly and Hain Celestial's CEO was upbeat about the US group's prospects.
Tesco is to be the first UK retailer investigated for alleged breaches of the country's groceries code in the wake of its mis-statement of profits, it was announced this week. Elsewhere, a staff error led to Fonterra losing its licence to ship cheese to the US and Mars revealed it will close a chewing gum plant in Canada.
Mars has announced it is to close its Wrigley gum factory in Toronto, a move which sees 383 jobs placed at risk.
US-baked goods firm Nonni's Foods has announced the appointment of Brian Hansberry as CEO.
Wrigley is to re-brand its Orbit gums in the UK and switch the products to its Extra brand.
PepsiCo's Lay's snacks brand heads a list of the world's "billionaire food brands" compiled by industry analysts Euromonitor.
This week, we published interviews with senior executives from Brazilian food giant BRF as it embarks on international expansion. Elsewhere, staff at United Biscuits' Aintree factory in Liverpool pushed forward with strike action and Finnish group Raisio secured control of Benecol in the UK, Ireland and Belgium.
Wrigley, the gum business owned by US confectioner Mars Inc., has moved to block rival Perfetti Van Melle's application to register "WTF" as a trademark in the US.
US meats group Hillshire Brands has this week turned from hunter to hunted. With its offer for Pinnacle Foods on the table, the Jimmy Dean sausages maker is the subject of two takeover bids from JBS-backed Pilgrim's Pride and then Tyson Foods, looking to boost their meat empires with higher-margin products. Elsewhere, Sweden-based confectioner Cloetta snapped up Ireland's The Jelly Bean Factory, Nestle and Fonterra revamped their venture in South America and R&R Ice Cream bought Australia's Peters Food Group.
Wrigley, the gum unit of Mars, plans to roll out stevia-based Extra Professional Mints throughout Europe in 2014.
Mars' Wrigley arm is to add the production of the Skittles brand to a plant in the US, a move the confectioner said would help meet rising demand.
- General Mills sales woes continue - analysis
- Comment: Meal kits in US - don't believe the hype
- Why personalisation will take-off in US food
- US food next wave on display at Winter Fancy Food
- Analysis: Chocolate sector's deforestation pledge
- UK own-label firm Park Cakes sold in MBO
- Unilever 'lining up spreads sale'
- Kraft Heinz cuts jobs in US, Canada
- Immigration crackdown "risk" for US dairy industry
- Fonterra cuts earnings forecast