Mondelēz International is letting 250 staff go at its chocolate factory at Bournville, which makes a range of Cadbury branded products, including Cadbury Dairy Milk.
A US ‘activist’ investor who has stamped his authority on Heinz, Cadbury and Kraft has taken a £242M (€300M) stake in Danone, vowing to improve its profitability.
Mondelēz International - the new name for the snacking arm of Kraft Foods - is preparing to start biscuit production for the first time at its site in Sheffield.
Independent food laboratories are gearing up to meet increasing demand for their services from manufacturers and retailers as incidents related to allergens in foods increase.
Kraft chief executive Irene Rosenfeld’s pay packet soared by 13.5% to nearly £14M last year after hitting targets relating to the controversial Cadbury takeover.
A key shareholder’s withdrawal from PepsiCo is continuing to fuel speculation surrounding the future of the snacks and soft drinks giant, according to city analysts.
Price rises in coffee and other commodities have lead to “significant gains” for US snack firm Kraft after it announced positive financial results in Europe for the seventh consecutive quarter.
Kraft ceo Irene Rosenfeld has countered criticism of her no-show at a parliamentary select committee looking into Kraft’s takeover of Cadbury, and says she has spoken to the ''folks that really matter to me'' in the UK.
Despite robust overall growth, Kraft is still suffering from costs associated with its £11.5bn Cadbury purchase, according to the US giant's full-year accounts.
Dr Bob Hagan – who heads the global analytical network at Kraft Foods – has been appointed as the new md of Reading Scientific Services (RSSL). He replaces Kay O'Donnell.
A delegation from Kraft is visiting food analysis, research and consultancy firm Reading Scientific Services Ltd (RSSL) today (February 8) following...
As expected, Kraft has sweetened its offer for Cadbury, with a new proposal containing a cash element enabled by the sale of its North American pizza...
