Bakery company acquisition

George Weston Limited has announced that Maplehurst Bakeries, a subsidiary of Weston Foods, is to purchase Creative Occasions, a manufacturer of decorated cakes, based in Nashville, Tennessee. The transaction is expected to close by the end of January 2015. Creative Occasions products are sold throughout the US and aim to bring an ‘old-fashioned neighbourhood bakery’ […]

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Russian bakery trade fair acquired

Messe Frankfurt is expanding its activities in Russia with the acquisition of Modern Bakery Moscow. The purchase from Nuremberg-based Ost-West- Partner GmbH fair and exhibition company will take effect from 15 July 2014. “Russia is one of the world’s key markets for the fair and exhibition business. OWP has built up the biggest trade fair […]

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Chocolate orange ice cream

Following its recent acquisition by R&R Ice Cream, Fredericks Dairies has announced the arrival of Terry’s Chocolate Orange 3 Pack to the convenience and grocery market. After its successful launch as an exclusive limited edition in partnership with a major retailer last year, Terry’s Chocolate Orange 3 Pack is set to roll out across the […]

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Cloetta acquires Goody Good Stuff

Cloetta has acquired Goody Good Stuff. The acquisition is in line with the company’s strategy to broaden its product range within the growing segment of natural candy. “Acquisitions are a part of our growth strategy and Goody Good Stuff gives us a possibility to strengthen our product offer within an interesting segment. The products from […]

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Intersnack acquires KP Snacks

Intersnack Group and United Biscuits  have signed an agreement for Intersnack to acquire KP Snacks, UB’s snacks unit, from UB for an undisclosed sum. Intersnack and KP Snacks together will combine their unrivalled market expertise to further develop KP Snacks’ brands and explore new markets. The transaction is expected to close during the first quarter […]

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Zertus enters UK market

UK confectionery and snacks manufacturer Zetar has accepted a £43million offer from German food group Zertus. The acquisition would give Zertus its first presence in the UK. Commenting on the offer, Jörn Riemer, director of Zertus and Zertus UK, says, “The directors of Zertus view Zetar as a particularly well managed confectionery and snacks business […]

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Zetar reports 5% drop in revenue

Zetar has achieved an increase in everyday sales and extended its portfolio of branded products. However, the increase in sales was offset by the strategic exit from a significant volume of low margin commodity snack products and a reduction in anticipated Easter confectionery sales resulting in a 5% reduction in overall group revenues to £128 […]

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Nestle highlights the potential of Asian markets

Nestle has reported 7.2% growth for the first three months of 2012. The Americas achieved organic growth of 6.8%, Europe delivered 3.4% and Asia, Oceania and Africa 12.2%. The business grew 13.0% in emerging markets and 3.1% in developed markets. The company reported strong chocolate growth in Latin America, particularly in Brazil and Mexico, contributing […]

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