June 11, 2011
Portuguese confectionery and cake company Dan Cake has entered into a joint venture with Indian Phadnis Group. The new production facility will have five production lines focused on family cakes, butter cookies, Swiss rolls, cup cakes and lady fingers. The total production capacity of the plant in India is expected to be 10 tonnes per day in a 24-hour shift.
“To enter the Indian market at the earliest, we are considering initial production near Khopoli till our Chakan plant is fully functional. We plan to start retailing in India by Diwali,” says Kantilal Jamnadas, chairman of the board at Dan Cake.
The facility will be Dan Cake’s first-ever manufacturing plant outside Portugal and marks Phadnis Group’s foray into the manufacturing sector from hospitality sector. Dan Cake, which has a major market in Germany and France, retails its products outside Portugal under the brand name Danesita and will continue to use this name in India.
Posted by Turgut Ziyal. Posted In : Mergers and Acquisitions
June 11, 2011
In support of its global brand strategy, Mars is consolidating all global brand creative with BBDO and DDB. BBDO and DDB already work with Mars and will now be taking over additional brands from TBWA and SapientNitro, which will be phased out as of September.
SapientNtiro will, however, continue to work on digital strategy and support of the Mars corporate site. BBDO will continue global creative management of Mars, Snickers, M&M’s, Cesar, Sheba, Five, Orbit, Extra, Dolmio, Uncle Ben’s,... Continue reading...
Posted by Turgut Ziyal. Posted In : confectionery
June 11, 2011
Nestlé International Travel Retail (NITR) has launched a limited edition of Quality Street in the Middle East region, suitable for the approaching holy month of Ramadan.
The specially designed 850g tin is exclusive to travel retail and has a sleeve that features a gold Arabic theme depicting symbolic elements. NITR customer marketing manager, Alan Brennan, notes, “This is the fifth year we have offered the Quality Street Ramadan gift tin. It fits perfectly within our Perfect Store compete... Continue reading...
Posted by Turgut Ziyal. Posted In : new products
June 11, 2011
Hershey has held talks with former Cadbury CEO Todd Stitzer about taking a seat on the board, according to Bloomberg. Interim chief John Bilbrey is the frontrunner for the CEO position, though Stitzer also is being considered for the role.
Hershey plans to name a permanent head before the end of June. One quoted possibility would be for Stitzer to join the Hershey board and mentor Bilbrey, who took the interim role after David West left to head Del Monte Foods.
“The board is committed to ... Continue reading...
Posted by Turgut Ziyal. Posted In : human resources
June 11, 2011
Nestlé has officially opened a £1 million extension to its simulated shopping centre in the UK. The Insight and Learning Centre is one of a worldwide series of centres established to provide retailers with the strategic insight to optimise their sales while growing Nestlé’s range of products in stores.
Combining consumer and shopper research with digital technology, the centres are used to demonstrate how people behave when shopping and when using Nestlé products at home. The York cent... Continue reading...
Posted by Turgut Ziyal. Posted In : consumer research
June 8, 2011
Turkish Migros, the leading retail group in Turkey (no relation with swiss Migros except brand name rights) sells the discount division Şok (Shock) to Ulker Group (owner of Godiva also known as Yildiz Holding) for 600 million TRL (380 mill. USD). Migros is owned by a group of private equity funds led by BC Partners who has expressed their plan to exit earlier this year. Migros group has three seperate brands of chains in Turkey, Migros, Tansas and Shock. Ulker group on the other hand owns Bi... Continue reading...
Posted by Turgut Ziyal. Posted In : Mergers and Acquisitions
May 5, 2011
Polish Confectionery manufacturer Wawel is reportedly planning a new investment on a plot recently purchased for €498,000, located near its current production facility in Dobczyce.
The company’s chairman, Dariusz Orlowski, notes that the investment will begin in 2012, and will be completed in 2013 and is likely to include a new production facility. According to Retail Poland, Wawel also plans to invest €6.2 million this year to expand a machine park in Dobczyce, in order to increase pr... Continue reading...
Posted by Turgut Ziyal. Posted In : companies
May 5, 2011
The Skinny Cow brand, which is owned by Nestle USA, has extended its product line into the confectionery segment with the introduction of Skinny Cow Dreamy Clusters and Skinny Cow Heavenly Crisp bars. A serving of each new product has 110 calories to 120 calories.
The Clusters are bite-size crisps covered with caramel and milk chocolate or dark chocolate. The bars are wafers layered with chocolate or peanut butter and coated with chocolate.
The new products are available in the US for a sug... Continue reading...
Posted by Turgut Ziyal. Posted In : companies
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About This Blog:
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In this blog I try to compile the news related with food industry. This includes food companies, retailers, ingredients, regulations, mergers&acqusitions and others. In each post I try to designate the source of the news and add a link to the original document.
I hope you find it useful. For any comments please feel free to send me an email (turgut@getfoodnews.com). You can post your comments inside the boxes appearing at the end of each posting when clicked the headline.
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