US confectionery firm Cadbury Adams yesterday pledged to stop
advertising Bubblicious Gum to children under 12, the last product
in its portfolio to come under a nationwide initiative.
This week, demand for polyols is reported as experiencing
substantial growth on the back of health trend, Cargill provides
more convenient cocoa packaging, and Cadbury Schweppes moves nearer
to its beverage-arm demerger.
Cadbury today said the demerger of its beverage arm will no longer
result in any capital return to its shareholders, as the company
reported profit losses for the tax year 2007.
Cadbury Schweppes says that its American Beverages division is
defying the increasingly challenging conditions in the global
carbonated soft drinks market by performing above the company's
expectations for the year.
Cadbury's de-merger of its US beverage business should increase
margins for the confectionery business by 4.6 percentage points,
despite an initial cost of £1bn, estimates Credit Suisse.
Cadbury Schweppes yesterday filed regulatory documents outlining
the demerger of its Americas beverage business into a new
company, revealing the company's strategy to maintain its position
as the world's largest confectionery...
Cadbury Schweppes today opted to demerge its €10bn beverage
arm from its confectionary business by listing the unit
as a separate company on the New York Stock Exchange.
Cadbury Schweppes today announced in its first-half fiscal
results that it may opt to split from its American
beverages business in place of selling it, should the
debt market fail to stabilise.
The sale of Cadbury Schweppes' US beverage division has been
setback by unfavorable market conditions that could undervalue the
operations, the company said today.
As part of a plan to sell its drinks business, Cadbury Schweppes
today said it has acquired the Southeast-Atlantic Beverage Corp.
(Seabev), the second largest independent bottler in the US.
Cadbury Schweppes could face paying out six years worth of refunds
if a native New Yorker succeeds with a court suit against the
beverage giant's labelling practices.
In a bid to boost its green credentials, Cadbury Schweppes
yesterday unveiled a programme to cut down on its use of energy,
packaging and water in response to climate change.
Following talks in London today, Cadbury Schweppes has officially
announced its new confectionery strategies, to be implemented
following the separation of its drink division, Americas Beverages.
Cadbury Schweppes announced yesterday its move on Japanese
functional candy company Sansei Foods, in a bid to expand its
business further in the country's lucrative
confectionery market.
Cadbury Schweppes has said it will separate its confectionery and
US soft drinks businesses, sending ripples of speculation across
the financial sector about the firm's motives.
Drinks giant Cadbury Schweppes is to change the labelling on its
flagship 7UP product, following a fierce debate on the validity of
new 'all natural' claims it placed on its labels just nine months
ago.
As the makers of Perrier water absorbed the full consumer backlash
from recalling drinks containing benzene in the US, Cadbury
Schweppes quietly pulled one of its own products for the same
reason, new documents show.
Cadbury Schweppes has come under renewed criticism following a
regulatory finding that it did not adhere to EU safety measures at
its Herefordshire plant, where salmonella was discovered earlier
this year.
Chocolate has a nice feeling to it - tasty, fun, luxurious and
slightly sinful. This is comfort food, accessible to all and
epitomised in the recent film, Charlie and the Chocolate Factory.
Cadbury Schweppes confirmed it has bought out its Dr Pepper/Seven
Up bottling partner in the US, predicting cost savings and better
bargaining power with supermarkets.
Cadbury Schweppes may be about to buy up its Dr Pepper/Seven Up
bottling partner in the US, says a report, indicating a growing
consolidation trend in the US soft drinks supply chain.
Cadbury Schweppes has reformulated its flagship Seven Up drink with
only natural ingredients, in an attempt to grow the brand through
rising consumer demand for natural products.
The European Commission on Tuesday cleared the takeover of Cadbury
Schweppes' European drinks arm by private equity consortium Lion
Capital and Blackstone.
Cadbury Schweppes has announced it plans to sell its European
beverages arm for £1.2bn to a private equity consortium led by Lion
Capital and Blackstone.
Cadbury Schweppes has hit stormy waters in the US, warning it will
fail to hit profit targets as higher costs and the bankruptcy of a
bottler conspire to foil the group's US revival.
Soft drinks giant PepsiCo is thought to have asked Cadbury
Schweppes for information on the sale of its European soft drinks
arm, according to a report in the UK's Financial Times.
After months of secrecy and whisperings, Cadbury Schweppes has
finally confirmed that it is looking to dump its European soft
drinks arm for a greater focus on confectionery.
Cadbury Schweppes still looks likely to ditch its European soft
drinks arm for the right price, yet it is difficult to find a buyer
for a stumbling business with little growth prospects.
Diet trends help Cadbury Schweppes to push forward in the US, yet
its European soft drinks arm looks to be a weak link as tough
market conditions hamper sales, profits and margins, reports
Chris Mercer.
Cadbury-Schweppes looks set to try and sell its European soft
drinks arm, again, but whoever buys it may have a tough time
improving the division's rather average performances, reports
Chris Mercer.
Dr Pepper/Seven Up (DPSU), the Texas-based drinks division of
Cadbury Schweppes, today announced plans to introduce 7 Up Plus,
said to be the first carbonated beverage to be fortified with
calcium, vitamin C and fruit juice.
Cadbury Schweppes could consider selling off its US soft drinks
business, Dr Pepper/7-Up, if it decides that such a move would
offer greater value to shareholders.
Cadbury Schweppes has recommended that both Coca-Cola and Pepsi
bottlers make Dr Pepper a priority brand again, following the
industry's failure to capitalise on the growing trend to new soft
drinks.
Dr Pepper, the Cadbury subsidiary which claims to be the biggest
non-cola soft drink producer in the US, is the latest company to
see the potential of milk, launching a range of flavoured milk
drinks under the Raging Cow brand and...