Industry News

Top 10 Articles of 2023 – No. 10: Bazooka Candy Brands Sold for $700 Million

Join us as we look back at ProFood World’s most popular articles of 2023. News reports figured prominently in our Top 10 this year. That included the sale of Bazooka Candy at No. 10.

December 22, 2023

Confection & Candy: Page 2

Industry News

Mars Paying $661 Million to Buy Hotel Chocolat

The acquisition will increase Mars’ footprint and help support Hotel Chocolat’s ongoing efforts to increase its presence beyond the United Kingdom.

November 20, 2023

Industry News

Ferrara Announces Planned Acquisition of Jelly Belly Candy Company

The transaction will add more than 100 flavors of jelly beans and gourmet specialty confections to Ferrara’s expanding portfolio.

October 19, 2023

Regulatory

California Governor Signs Bill Banning 4 Widely Used Food Additives

Assembly Bill 418 prohibits the use of red dye 3, potassium bromate, brominated vegetable oil, and propylparaben due to health concerns.

October 9, 2023

Industry News

Mondelēz Sells Developed-market Gum Business for $1.35 Billion

The transaction with Perfetti Van Melle will advance Mondelēz International’s strategy to increase its focus on a portfolio with chocolate, biscuits, and baked snacks as its core categories.

October 2, 2023

Industry News

Bazooka Candy Brands Sold for $700 Million

Former Disney CEO Michael Eisner and Madison Dearborn Partners have sold the company to Apax Partners, a private equity firm.

August 17, 2023

Industry News

Haribo Opens First North American Factory

Located in Pleasant Prairie, Wis., the state-of-the-art facility will produce Haribo Goldbears to meet growing American consumer demand.

July 27, 2023

Industry News

Unilever Set to Buy Yasso

Yasso’s products meet consumer demand for on-the-go, healthier, indulgent frozen snacks, complementing Unilever’s portfolio of premium ice cream brands.

June 17, 2023

Industry News

Mars Team Develops Innovative Warehouse Management System

Developed and implemented in less than one year, the first-of-its-kind technology will drive efficiencies and save millions of dollars.

May 25, 2023

Industry News

Mondelēz International Opens $50M Global R&D Innovation Center

The state-of-the-art New Jersey facility will support product, process, and packaging development for the company’s consumer-favorite snacks.

May 12, 2023

Industry News

Mondelēz International Names Deepak Iyer as EVP & President, AMEA

Effective June 5, Iyer will assume leadership of the company’s Asia Pacific, Middle East, and Africa business.

May 5, 2023

Home

Soft Drinks Lead Food and Beverage Category in Packaging Volume

Soft drinks are by far the most popular package type in the food and beverage category, but some smaller categories may see volume gains in the near future.

April 7, 2023

Industry News

Kerry to Sell Sweet Ingredients Portfolio for Over $500 Million

Advent International’s portfolio company, IRCA, is the potential new owner.

January 13, 2023