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Cadbury's confectionery blueprint

UPDATE: UK: Reshaped Cadbury eyes bolt-on acquisitions

UPDATE: UK: Reshaped Cadbury eyes bolt-on acquisitions

Cadbury Schweppes chief executive Todd Stitzer has hinted that the company would steer clear of bidding for rival Hershey once it becomes a pure confectionery business. Stitzer (pictured) was speaking today (19 June) in London as Cadbury outlined plans to reshape its business after the sale or demerger of its US drinks operations.

Bittersweet times for Hershey

Bittersweet times for Hershey

In the midst of a major streamlining programme and having just signed an outsourcing deal with Swiss chocolate producer Barry Callebaut, these are certainly interesting times for the established US confectionery giant Hershey. But, asks Dean Best, could this activity be the prelude to the ‘transformational’ deal which some analysts believe the company needs?