Sentences with phrase «confectionery business»

Consequently, it is selling the U.S. confectionery business for $ 2.8 billion in cash and expects the deal to complete sometime within the next couple of months, toward the end of the first quarter.

The company, called M&M Limited, consolidated with the other Mars confectionery businesses in the United States in 1967 to form M&M / Mars as it exists today.

«Ruby chocolate is a big innovation in confectionery and we are very proud that KitKat is the first major brand in the UK to feature this exciting new chocolate,» said Alex Gonnella, marketing director for Nestlé's UK confectionery business.

«With Ferrero we have found an exceptional home for our U.S. confectionery business where it will thrive,» says Schneider.

Sugar free and reduced sugar Fruittella arrive Confectionery business Perfetti Van Melle has launched a range of sugar free and reduced sugar products under its Fruittella brand.

Yildiz Holding, CEEMEA's largest food company, has brought together its core biscuit, chocolate, and confectionery businesses Godiva Chocolatier, United Biscuits, Ulker and DeMet's Candy Company, to form a new global company, «pladis».

The Swiss transnational food and drink giant says that excluding the US confectionery business which was divested at the end of March, organic growth was 2.9 percent.

For Nestle, which first sold milk chocolate in the 1880s, a consumer shift away from junk and sugary foods has led the Swiss company to focus on «nutrition, health and wellness,» although it says it is committed to its non-U.S. confectionery business.

Nestle's U.S. confectionery business include brands such as Butterfinger, Baby Ruth and SweeTarts.

Here's a breakdown of the secretive family - owned company's rise from a small confectionery business to a global player.

Two of Hershey's latest moves show how the brand is keeping an eye on its main confectionery business while pushing boldly into new categories.

Mignon is an old, traditional confectionery business in Marseille, France.

With its U.S. confectionery business under its belt, Italian firm Ferrero will become the third largest confectionery maker in the United States.

The company adds that its U.S. confectionery business makes up roughly 3 percent of all sales from the U.S. Nestle Group.

British confectionery business Buttermilk has introduced new resealable sharing pouches for two of its fudge flavours.

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.

Nestlé's U.S. confectionery business represents about three percent of U.S. Nestlé Group sales.

Todd Stitzer, Cadbury's CEO, says: «We're off to a strong start as a focused confectionery business and expect first half revenues above our goal range and good progress on margins.

Alex Gonnella, marketing director for Nestlé's UK confectionery business, says, «We know our consumers want something special when they buy confectionery and it's exciting to bring in these new indulgent KitKat chocolates.

Nestlé CEO Mark Schneider commented: «With Ferrero we have found an exceptional home for our U.S. confectionery business where it will thrive.

Confectionery business Perfetti Van Melle has launched a range of sugar free and reduced sugar products under its Fruittella brand.

The largest food company in CEEMEA, Yildiz Holding, has brought together its core biscuit and confectionery businesses Godiva Chocolatier, United Biscuits, Ulker and DeMet's Candy Company, to form a new global company, pladis.

Swiss food giant Nestlé has agreed to sell its US confectionery business to Ferrero for $ 2.8 billion.

Nestle (NESN.S) said last week that it would explore options, including a possible sale, for its roughly $ 900 million - a-year U.S. confectionery business.

Swiss food group Nestle (nsrgy) has agreed to sell its U.S. confectionery business to Italy's Ferrero for $ 2.8 billion, it said on Tuesday, marking CEO Mark Schneider's first big sale and a small step on its path towards healthier products.

CNBC reported on Sunday that Hershey submitted a final bid to acquire Nestle's U.S. confectionery business, including Butterfinger, Baby Ruth and Laffy Taffy.

Nestle SA of Switzerland has identified its Purina division as a pillar of growth as it divests slower - growing units like its U.S. confectionery business.

Late grandfather, Frank C. Mars established a confectionery business based in Tacoma, Washington, in 1911.

Nestlé announced a new agreement to sell its U.S. confectionery business to Italian firm Ferrero.

Nestlé said on Jan. 16 that it will sell its U.S. confectionery business to Italian chocolate manufacturer Ferrero for $ 2.8 billion.

He said he had created an offshore holding company for his confectionery business when he became president in 2014 but not to avoid taxes.

Nestlé sold its U.S. confectionery business to Ferrero for $ 2.8 billion earlier this year.

The company has also reorganised its confectionery business from three into four regions; Britain, Ireland, Middle East and Africa (BIMA) will come under one region, with Americas, Asian Pacific and Europe as the other three.

Her parents» confectionery business was in Fort Wayne, and it is where they taught their classes in cake decorating and candy - making.

Unfortunately, some of our favorite chocolate bars might be in danger, as Nestlé has announced it's considering selling its U.S. confectionery business.

Nestlé today announced that it agreed to sell its U.S. confectionery business to Ferrero for USD 2.8 billion in cash.

Finish food group Raisio has agreed to sell its confectionery business, which includes the Poppets and Fox's brands, to Valeo Foods Group in a bid to focus on healthy foods.

Nestlé announced a new agreement to sell its U.S. confectionery business to Italian firm Ferrero.