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... swiss food giant nestlé is in talks to buy leading chinese confectionery firm hsu fu chiin, a deal that would cost about $2 ... " “strategically, we would view the deal positively since it would give nestlé access to china’s fast-growth $6bn confectionery market and allow the group a number of international cross-selling opportunities,” claims mf global analysts
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... workers at the new england confectionary company, (necco) reacted positively to the news that the ‘for sale’ sign has been removed, with the equity group owners revealing than they will hold on to the firm for at least another year last november, the parent company, american capital, announced that it had retained an investment bank with the view to exploring the sale of the sweet business, one of the oldest in the us ... the bakery, confectionery, tobacco workers and grain millers union told the boston globe that operatives were now assured there would be jobs at the plant “for the next couple of years” ... the confectionery firm also said that it has worked to boost its efficiency in shipping practices, and has broadened its distribution channels ... david chiaverini, senior research analyst at bmo capital markets, said american capital likely did not receive bids that were high enough to justify the equity firm selling off necco, reports the boston globe ... american capital has loaned about $67m to necco since becoming a majority owner a few years ago, chiaverini said, and the equity firm likely would not recover its full investment if necco were offloaded now
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... 58bn for its financial year 2010, with an analyst claiming the time is ripe for the firm to capitalise on recovery in consumer sentiment ... the swiss confectionery group said it generated organic growth of 7 ... and in reaction to the firm's upbeat trading statement, kepler capital markets analyst jon cox told confectionerynews ... ” earlier in 2010, kepler analyst cox cited the swiss confectionery firm as an ‘obvious' takeover target for nestlé, in that the food giant lacked a global premium chocolate brand
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... roshen confectionery corporation is a leading ukrainian confectionery manufacturer employing over 10,000 people
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... tangerine confectionery has appointed nm rothschild & sons to advise the company on future expansion options and opportunities ... at present tangerine, which makes big uk sweet brands including sherbet fountain and refreshers, is owned by the private equity firm growth capital partners ... growth path the business has undergone significant growth in recent years and is now the biggest independent sugar confectionery manufacturer in the uk ... the confectionery firm said: “whilst these plans for further growth are exciting, operating in the current difficult economic environment means that the immediate focus remains on achieving the company’s financial objectives for 2010
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following negotiations we have agreed on a need to downsize the staff by 17 jobs compared to the 28 jobs that were announced earlier in september. the results of the negotiations provide scope and opportunity for ongoing skills development in production. in order to invest further in this development, we will also appoint two new employees to work with training and competence management. “a major focus on skills development that has among other things resulted in greater flexibility, coupled with a strong belief in continued positive sales growth for the rest of cloetta’s product range, has led to a lower need for workforce reductions than was estimated at the time of original announcement,” says cloetta’s managing director and ceo curt petri.
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the company said that the job cuts are a result of increasing efficiency following machinery investments and falling volumes in its manufacturing joint venture with fazer. established in 1862, cloetta has two production units, one in ljungsbro and one in alingsås. during the period from 1 september 2008 to 31 august 2009, cloetta produced a total of 20,000 tons of confectionery. its best known brands are kexchoklad, center, plopp, polly, tarragona, guldnougat, bridge, juleskum, sportlunch, utvalda favoriter, mums mums and extra starka.
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... about khee san berhad khee san berhad is an investment holding company of a group of subsidiaries whose principal activities involve dealing in and manufacturing of sweets and confectionery products, ie, khee san food industries sdn bhd and khee san marketing sdn bhd
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... private equity fund eva grupe is set to make a bid for polish confectionery company mieszko, according to media reports ... the lithuanian group is said to be seeking clearance from the polish competition regulator to acquire the confectionery maker ... mieszko is, along with jutrzenka and wawel, one of poland three biggest independent confectionery manufacturers, with italian bank unicredit currently its major shareholder ... and mergers and acquisitions experts glenboden predicted earlier this year that the local ramifications of the kraft takeover of cadbury as well as the potential sale of mieszko by its new majority owner unicredit will likely force consolidation in the fragmented polish confectionery sector ... indeed, leatherhead food international’s chris brockman recently told this publication that he expects further mergers within the central and eastern european confectionery markets, as he said there are still a lot of second tier domestic firms in that geography that could provide growth opportunities for some of the multinationals ... cadbury’s polish confectionery business, marketed under the wedel brand, has a dominant position on the polish confectionery market
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Coca.Cola
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PEPSI
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Mcdonald
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Nestle
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Mars
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Baskin & Robins
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Nutrika
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Mumika
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Chika
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