Blog: The shake-up in posh chocs goes on...
Dean Best | 23 June 2008
And so the shake-up of the fast-growing premium chocolate market goes on.
After the sale of Godiva late last year and Nestle’s publicly-stated ambitions to boost its presence in the category, today (23 June) saw the sale of Belgium’s Guylian to South Korean confectioner Lotte.
The deal will give Guylian the chance to boost its profile in Asia, where demand for posh chocolate is steadily growing.
The transaction is unlikely to create too many waves in the US, however, where Swiss firm Lindt is leading the sector – and showing signs of being determined to hold on to its lead.
Danone completed its US$12.5bn acquisition of WhiteWave Foods this week. The move will roughly double Danone's presence in North America, where WhiteWave is a top four dairy player. ...
Premier Foods plc revealed today (28 March) it has secured a deal with its pension scheme trustees that will see the UK food maker reduce its pension burden....
Hain Celestial, under the scrutiny of the investment community in recent months and facing some challenges in its domestic market, has announced another shuffling of its management pack....
FrieslandCampina, which today served up higher profits but lower sales for 2016, is ready to offload the last non-dairy business owned by the Dutch cooperative giant....
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