Hershey launches Hershey’s Gold Bars, extending its iconic brand

USA - The Hershey Company, the leading manufacturer in United States confectionaries, has announced the official launch of Hershey’s Gold bars, the fourth flavor in the history of the iconic brand. The brand was launched in celebration of the brand’s official sponsorship of the United States Olympic Committee (USOC). It also marks 100-Day countdown to…

Pladis passes on Nestle’s candy in favor of upmarket push

TURKEY - Pladis, the owner of Godiva chocolate and McVitie’s biscuits, has decided not to bid for Nestle’s U.S. confectionery assets, preferring to pursue a more upmarket strategy. Chief Executive Cem Karakas had earlier told Reuters the Turkish-owned company was looking at the U.S. portfolio Nestle put on the block in June, which includes regional…

German confectioner takes stake in US muesli maker

GERMANY - Katjesgreenfood, the investment arm of German confectionery giant Katjes Group, focused on "sustainable food", has acquired a 15% stake in US muesli firm Seven Sundays through its Katjesgreenfood investment vehicle. Katjes is a confectionery company based in Emmerich am Rhein , which mainly produces liquorice and fruit gums. It is the third largest…