Nestle has said its confectionery business has “sufficient size and scale” to allow the company to compete in the sector even if Kraft Foods succeeds in its bid for Cadbury. Speaking to analysts, CFO Jim Singh said Nestle could perform “competitively across the world” in confectionery. “We have 152 products representing 77 brands, that are either number one or number two in their market," Singh said. "So, when you look at our business, we believe we have sufficient size and scale in different dimensions of the business that will allow us to continue to compete effectively, regardless of what happens in our industry segment."

According to the information Singh  revealed,  Nestle's confectionery sales grew by 8% on an organic basis in 2008 to CHF12.2bn . Sign hinted that they will be looking for smaller acqusitions in different geographies and added that they do not see any reason for making a dramatic change in their strategies  referring to the Kraft Cadbury deal.

Source: just-food.com