Desserts
11 news found
DessertsMondelēz International Reports Q2 Results
Net revenues declined 0.8%, organic net revenue grew 4.6%, adjusted EPS was $0.57, up 9%
Mondelez International reported second-quarter 2019 results with adjusted earnings of 57 cents per share. On a constant-currency basis, adjusted earnings improved nearly 9% year over year, courtesy of... more
DessertsErgon Capital Partners acquires Dolciaria Acquaviva
A leading company in the Italian frozen bakery sector
Ergon Capital Partners acquires the majority of Dolciaria Acquaviva, the leading and fast growing frozen bakery Italian business. The Acquaviva family will reinvest into the deal and Pierluigi Acquaviva... more
DessertsLindt & Sprüngli, growth continues in HY2019
Strong organic Group sales +6.2% to CHF 1.76 billion
Lindt & Sprüngli in the 2019 first half achieved sales of CHF 1.76 billion, which corresponds to organic sales growth of +6.2%. This lays the foundation for the Lindt & Sprüngli Group to reach its organic g... more
DessertsFerrero and Campbell sign agreement for sale of Kelsen for $300 Mln
The Italian group makes the deal by Belgian affiliated company CTH Invest
Campbell Soup Company announced that it has signed a definitive agreement for the sale of Kelsen Group to a Ferrero Belgian CTH Invest affiliated company for $300 million, subject to customary purchase... more
DessertsMondelez International acquires majority stake in Perfect Snacks
Fresh-from-the-fridge protein snacks further expands company’s leadership in broader snacking
Mondelēz International announced an agreement to acquire a majority interest in Perfect Snacks, a pioneer in the fast-growing refrigerated nutrition bars segment. With increased distribution in US retailers,... more
DessertsNestlé reports sales up 3.4% in 1Q
The Company reached revenue of SFr22.2bn ($21.9bn)
Nestlé confirmed it expected organic sales growth to exceed 3 percent this year after good momentum in the United States, Brazil and China helped it post better-than-expected sales growth in the first... more
DessertsBarry Callebaut, strong acceleration in sales growth in 2Q
Sales revenue increased by +6.0% to CHF 3,672.7 mln
The Barry Callebaut Group – the world’s leading manufacturer of high-quality chocolate and cocoa products – saw an acceleration in sales volume growth in the second quarter (+3.1%), leading to a +2.4%... more
DessertsFerrero to acquire Kellogg Company's cookies and fruit snacks business
The Italian Company continues to strengthen its position in the North American market
The Ferrero Group, the Italian global confectionary group, today announced a definitive agreement pursuant to which it will acquire the cookie, fruit and fruit-flavored snack, ice cream cone and pie crust... more
DessertsGodiva sells Asia-Pacific assets to private equity firm for over $1 billion
South Korean MBK will purchase the retail and distribution operations in Japan, South Korea, Australia and New Zealand
Turkish Yildiz Holding-owned Godiva Chocolatier has sold the assets in the Asia-Pacific region to South Korean private equity firm MBK Partners that will purchase the retail and distribution operations... more
DessertsLindt & Sprüngli 1H18 achieves dynamic sales and profit growth
Rise in net income by +12.7% to CHF 86.0 million
Lindt & Sprüngli has had a successful start to the financial year 2018. The Group achieved strong group sales of +7.7% in the first half-year, generating consolidated sales of CHF 1.67 billion. Organic g... more
DessertsMondelez to acquire Tate’s Bake Shop
Jumpstarting the growth in the premium cookie segment
Mondelēz International announced an agreement with The Riverside Company, a global private equity firm, and other shareholders, including Founder Kathleen King, to acquire Tate’s Bake Shop for approximately $5... more