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

Confection & Candy: Page 3

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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

Industry News

Morinaga America Promotes Current CEO & President

Teruhiro Kawabe has been chosen to serve as chief representative for the U.S and president/CEO of MAI.

January 12, 2023

Industry News

Mondelēz Selling Part of Gum Business for $1.35 Billion

Perfetti Van Melle will be the new owner of Mondelēz’ developed-market gum business in the U.S., Canada, and Europe.

December 21, 2022

Industry News

Ferrero Buying Blue Bunny Maker

The acquisition of Wells Enterprises marks the latest step in Ferrero’s growth in the worldwide ice cream sector.

December 12, 2022

Industry News

Barry Callebaut Breaks Ground on New Chocolate Factory

The new manufacturing facility, the company’s third in India, is tied to the country’s rapidly developing demand for high-quality chocolate.

November 30, 2022

Industry News

Nestlé to Invest Almost $2 Billion on Projects in Saudi Arabia

The investments will contribute to food security and the development of local businesses, fuel local innovation, and create jobs for youth and professionals in the country.

November 29, 2022

Industry News

Ferrero to Build $214 Million Production Facility in Illinois

The project is adding 169,000 sq ft to Ferrero’s existing manufacturing campus to help meet growing demand for the Kinder Bueno brand in North America.

November 22, 2022

Industry News

Hershey Building 250,000-sq-ft Pennsylvania Facility

The new Hershey, Pa., site is being constructed to support the company’s production capabilities for brands such as Reese’s, Kit Kat, and Hershey’s.

November 14, 2022

Sustainability

Mondelēz Commits $600 Million to Sustainable Cocoa Program

The new funding of the program, which addresses systemic environmental and human rights challenges, will help increase cocoa volume at scale and the participation of 300,000 farmers in the program by 2030.

October 31, 2022

Industry News

Mondelēz Completes Acquisition of Clif Bar

The transaction creates a $1 billion global snack bar entity and builds on the company’s strategy to prioritize fast-growing snacking segments in key geographies

August 15, 2022

Industry News

Ferrero North America Announces New President and Chief Business Officer

Alanna Cotton, who will report directly to Ferrero Group CEO Lapo Civiletti, will support Ferrero’s global business strategy of strengthening its position in the sweet packaged food category.

August 1, 2022