FDBusiness.com

Tag "Kraft Foods"

Kraft Foods Names New Board of Mondelez International

    Kraft Foods Names New Board of Mondelez International

Kraft Foods has announced the composition of the board of directors for its global snacks company, Mondelez International, which has will be separated from the North American grocery business in October 2012. Irene Rosenfeld (pictured), currently head of Kraft Foods, will be Chairman and CEO of Mondelez International. Other board members are:
* Stephen Bollenbach, 70, served […]

Read Full Article

Mondelez International is New Name For Kraft’s Global Snacks Business

    Mondelez International is New Name For Kraft’s Global Snacks Business

Kraft Foods’ high-growth global snacks business, which will be separated from its North American grocery business later in the year, will be called Modelez International. The North American grocery company will become Kraft Foods Group, retaining the Kraft brand for its corporate identity and as the brand for many of its consumer products. As a […]

Read Full Article

Kraft Foods Investing £17 Million in UK R&D

    Kraft Foods Investing £17 Million in UK R&D

Kraft Foods in investing £17 million to further develop its research and development capabilities in the UK, including the recently opened Centre of Excellence for Chocolate at the former Cadbury head quarters at Bournville near Birmingham. Incorporating new innovation labs, a new pilot plant facility and a collaboration kitchen, the new centre will be used […]

Read Full Article

Kraft Foods Cuts Manufacturing Waste

    Kraft Foods Cuts Manufacturing Waste

Kraft Foods is making steady progress in reducing the amount of manufacturing waste produced and consequently its environmental impact. The global food and beverages producer now has 36 facilities in 13 countries sending zero waste to landfills, including 24 plants in Europe and 12 facilities in North America, and has cut its manufacturing waste by […]

Read Full Article

Kraft Foods Combines Philadelphia and Cadbury

    Kraft Foods Combines Philadelphia and Cadbury

Kraft Foods has combined two of its biggest brands to launch a new product in its range –Philadelphia with Cadbury combination, a fresh tasting, light textured chocolate spread which has half the fat and less sugar than other chocolate spreads. Philadelphia with Cadbury is designed to offer Philadelphia new growth opportunities outside its traditional cheese […]

Read Full Article

Kraft Foods and SodaStream Enter Strategic Co-branding Deal

    Kraft Foods and SodaStream Enter Strategic Co-branding Deal

Kraft Foods and SodaStream International have formed a strategic partnership for the manufacturing, marketing, distribution and sale of Kraft Foods branded flavours for use with the SodaStream soda making system. This will be the first time that Kraft Foods flavours will be available specifically for use in a carbonated beverage.
SodaStream manufactures beverage carbonation systems, which […]

Read Full Article

R&R Ice Cream Links With Kraft Foods

    R&R Ice Cream Links With Kraft Foods

R&R Ice Cream, Europe’s largest own label ice cream manufacturer, is joining forces with Kraft Foods to bring confectionery innovation to ice cream markets across mainland Europe. In co-operation with Kraft Foods, R&R will initially develop, manufacture and distribute an indulgent ice cream range of five iconic Kraft brands – Milka, Toblerone, Daim, Oreo and […]

Read Full Article

Kraft Foods to Restructure UK Confectionery Operations

    Kraft Foods to Restructure UK Confectionery Operations

Kraft Foods plans to invest £50 million in its UK confectionery manufacturing operations while cutting the workforce by 200 people. The 200 jobs will be shed at Kraft’s sites at Bournville, Birmingham, Chirk in Wrexham, north Wales, and Marlbrook in Herefordshire. The cuts will be made through redeployment and voluntary redundancies over two years from […]

Read Full Article

Irene Rosenfeld to Lead Kraft’s Global Snacks Company

    Irene Rosenfeld to Lead Kraft’s Global Snacks Company

In the next step toward dividing into two public companies, Kraft Foods has announced the appointments of the heads of the future global snacks and North American grocery businesses. Irene Rosenfeld (pictured), currently chairman and chief executive of Kraft Foods, will be chairman and chief executive of the global snacks company, which will have $31 […]

Read Full Article

Kraft Foods to Invest $100 Million to Expand in Russia

    Kraft Foods to Invest $100 Million to Expand in Russia

Kraft Foods plans to invest $100 million to more than double the capacity of its coffee production plant at Gorelovo in the Leningrad region of Russia. Kraft Foods, which owns the Jacobs and Maxwell House brands, is the second biggest player in the expanding Russian coffee market with a share of 19%, behind Nestle with […]

Read Full Article

Kraft Foods Chief is the Most Powerful Woman in Business

    Kraft Foods Chief is the Most Powerful Woman in Business

Irene Rosenfeld (pictured), chairman and chief executive of Kraft Foods, has overtaken Indra Nooyi, to top Fortune Magazine’s annual ranking of the ‘50 Most Powerful Women in Business’. In second position in 2010, Irene Rosenfeld made the headlines this year with her decision to split Kraft Foods into two companies.
 
Indra Nooyi has continued to develop […]

Read Full Article

Kraft Foods to Open Biscuit Factory in Ukraine

    Kraft Foods to Open Biscuit Factory in Ukraine

Kraft Foods is investing $36 million to build a biscuit factory in Ukraine. Based at Trostyanets, in central Ukraine, the new facility is due to commence operations in the fourth quarter of this year.
 
Kraft Foods already has two factories in Ukraine. Its plant at Trostyanets produces chocolate and coffee, while its facility at Stari Petrivtsi […]

Read Full Article

Kraft Foods to Split into Two Businesses

    Kraft Foods to Split into Two Businesses

Kraft Foods intends to spin-off of its North American grocery business to shareholders. The move will create two independent public companies – a high-growth global snacks business with estimated revenue of about $32 billion and a high-margin North American grocery business with estimated revenue of approximately $16 billion. The target is to launch the new […]

Read Full Article

UK Food and Grocery Industry Recovers 115,000 Tonnes of Waste

    UK Food and Grocery Industry Recovers 115,000 Tonnes of Waste

Participants in a scheme run by ECR (Efficient Consumer Response) UK are well on the way to achieving targets set last autumn to prevent and recover waste in the FMCG supply chain in the UK. By thinking differently about waste when looking at products, packaging design, range and forecasting, consumer goods manufacturers and retailers have […]

Read Full Article

More UK Food and Drink Companies Commit to Reduce Environmental Impact

    More UK Food and Drink Companies Commit to Reduce Environmental Impact

Associated British Foods, Coca-Cola Enterprises, Kraft Foods and Premier Foods are among the major UK food and drink companies to sign up to the second phase of the Courtauld Commitment, launched in 2010.
The Courtauld Commitment is a voluntary agreement run by waste advisory body WRAP (Waste & Resources Action Programme) and helps businesses to improve […]

Read Full Article

Management Buyout Speculation at Green & Black’s

    Management Buyout Speculation at Green & Black’s

Management at Green & Black’s, the UK-based organic chocolate manufacturer, are reported to be seeking a buy-out of the business from owner Kraft Foods. The US food group acquired Green & Black as part of its £11.7b takeover of Cadbury last year.
Founded by entrepreneur Craig Sams in 1991, Green & Black’s was sold to Cadbury […]

Read Full Article

Hershey to Accelerate Growth in Europe

    Hershey to Accelerate Growth in Europe

North American chocolate confectionery manufacturer Hershey is stepping up its growth in Europe as part of its strategy to reduce its reliance on its domestic market by developing internationally, especially in emerging markets such as Asia and Latin America. The UK’s second largest retailer, Asda, will commence selling Hershey products next year and the American […]

Read Full Article

Dairy Snacks Market Driven by Health and Convenience

    Dairy Snacks Market Driven by Health and Convenience

The international market for dairy snacks, such as cheese strings and yogurt tubes, grew by 7% in 2009 and is heading for a 6% rise this year. The first major study on this sector, by leading food and drink consultancy Zenith International, estimates total volume at 217,000 tonnes in 2010 across 26 countries in North […]

Read Full Article

Kraft Foods Looks to Reduce Tax Bill With Cadbury Move

    Kraft Foods Looks to Reduce Tax Bill With Cadbury Move

Kraft Foods plans to move part of its recently acquired Cadbury business to its European headquarters in Zurich, Switzerland in order to reduce its corporation tax exposure. Since 2006 Kraft Foods has been implementing a European model involving a (holding) company based in Zurich together with local companies in country markets.
Cadbury, which was acquired for […]

Read Full Article

UK Industry Responds as One in Three Shoppers Want Waste Reduction Prioritised

    UK Industry Responds as One in Three Shoppers Want Waste Reduction Prioritised

Nearly a third of UK shoppers want food and grocery retailers and manufacturers to focus on reducing waste. IGD consumer research shows 29% of shoppers think reducing waste should be one of the main sustainability priorities for the industry.
The findings come as 33 leading food and grocery companies have announced they are voluntarily committing to […]

Read Full Article

Lotte Group to Invest €200 Million to Expand Wedel

    Lotte Group to Invest €200 Million to Expand Wedel

Tokyo-based Lotte Group is reported to be investing in the region of Eur200m to expand and diversify its Wedel confectionery business in Poland. The expansion programme entails the construction of five new factories, including an initial investment of Eur70m.
Lotte Group acquired the Wedel branded chocolate and sugar confectionery operations in Poland last June from Kraft […]

Read Full Article

Strong Annual Results From Barry Callebaut

    Strong Annual Results From Barry Callebaut

Switzerland-based Barry Callebaut, the world’s leading manufacturer of high-quality cocoa and chocolate products, reported strong results for its 2009/10 financial year, ended August 31st last. With a sales volume growth of 7.6%, Barry Callebaut significantly outperformed the global chocolate confectionery market which was basically flat at a growth rate of 0.3%.
All regions contributed to this […]

Read Full Article

Kraft Foods Opens $14 Million Sugar Confectionery R&D Centre in Europe

  Kraft Foods Opens $14 Million Sugar Confectionery R&D Centre in Europe

Kraft Foods has opened a European Gum and Candy Research & Development Centre at Eysins in Switzerland. The $14m state-of-the-art facility will focus on innovation and new product development for many of Kraft Foods’ confectionery brands, including the world’s leading gum brand Trident and the world’s leading candy brand Halls, as well as other brands […]

Read Full Article

Cadbury Helps Kraft to Hit Sweet Spot

  Cadbury Helps Kraft to Hit Sweet Spot

Kraft Foods has just outlined its new global development strategy and expects to deliver organic revenue growth of 5% or more, margins in the mid- to high-teens and earnings per share (EPS) growth of 9% to 11%. Following its $18.4b acquisition of Cadbury earlier this year, Kraft Foods became the undisputed world leader in snacks, […]

Read Full Article

Estrella Maarud Joins Savoury Snacks Industry Pledge

Estrella Maarud, a leading, Norwegian-owned manufacturer of savoury snacks for the Nordic and Baltic markets, has decided to join the advertising pledge recently launched by the European Snacks Association (ESA). In April, ESA announced its support for the EU Pledge, whereby member companies are committed to changing food and beverage advertising on TV, print and […]

Read Full Article

Barry Callebaut to Expand Production Capacity After Global Supply Agreement With Kraft

  Barry Callebaut to Expand Production Capacity After Global Supply Agreement With Kraft

Barry Callebaut, the world’s largest manufacturer of cocoa and chocolate products, and Kraft Foods, the world’s second largest food company and a global leader in confectionery, have signed a long-term global product agreement. Under the terms of the agreement, Barry Callebaut will deliver the majority of Kraft Foods cocoa products and industrial chocolate requirements around […]

Read Full Article

Cadbury Acquisition Drives Profit at Kraft Foods

  Cadbury Acquisition Drives Profit at Kraft Foods

The acquisition of Cadbury has helped Kraft Foods to report higher than expected second quarter profit despite a decline in its North American sales. Cadbury contributed 91% of the 25% rise in the US-based food and beverage giant’s net revenues to $12.3b during the quarter.
Kraft Foods’ operating income increased 16.8% to $1.70b, including a favourable […]

Read Full Article

Kraft Foods to Sell Cadbury’s Romanian Business

Kraft Foods is selling its Cadbury’s Kandia-Excelent chocolate, soft cake and sugar confectionery business in Romania to Oryxa Capital, an international investment fund, for an undisclosed sum. The sale includes Kandia-Excelent brands (Rom, Magura, Kandia, Laura, Sugus and Silvana and others), related trademarks and the manufacturing facility in Bucharest.
Kandia-Excelent employs approximately 530 people. Kraft Foods will […]

Read Full Article

Kraft Foods Sells Wedel Business in Poland

  Kraft Foods Sells Wedel Business in Poland

Kraft Foods is selling Cadbury’s E. Wedel-branded chocolate and sugar confectionery operations in Poland to Lotte Group for an undisclosed sum. The sale, which is subject to customary regulatory approvals, includes the E. Wedel business, its related brands and a manufacturing facility in Warsaw. Approximately 1,000 Cadbury Wedel employees will transfer to Lotte Group.
Kraft Foods […]

Read Full Article


Food & Drink Business Conference & Exhibition 2016

Upcoming Events

  • June 6, 2017Brewing Equipment & Technology
  • June 7, 2017Polfish
  • June 8, 2017Free From Food Expo 2017
  • June 8, 2017Rapid and conventional micro methods seminar
AEC v1.0.4

Jobs: Food Packaging

Jobs: New Product Development

Jobs: Finance

Jobs: Project Management

Jobs: Logistics

The Magazine

F&D Business Preferred Suppliers

Advertisements