Nestle quits US confectionery market Archives - Just Food
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Nestle quits US confectionery market

How Nestle’s US confectionery review has divided analysts

How Nestle’s US confectionery review has divided analysts

Confectionery, particularly chocolate, is one of Nestle's flagship businesses and has often been the subject of speculation among industry watchers and the investment community. For much of the last decade, talk centred on whether Nestle would look to build its position in confectionery through the acquisition of a company like Switzerland's Lindt & Sprungli but, in recent quarters, the chatter has switched to whether the KitKat maker would look to quit the sector. Nestle's announcement yesterday (15 June) of plans to review the future of its US confectionery business has sparked a debate among analysts covering the world's largest food group. Dean Best reports.

Ferrero acquires US chocolate group Fannie May 

Ferrero has bought US chocolate maker Fannie May Confections Brands in a deal the Italian chocolate group said would increase its product line-up in the market. Fannie May, which produces…