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asia

These are all the posts that have been tagged with asia.

Cadbury confirms strong start to 2008

British confectionery company Cadbury has shown a strong first half of 2008 with growth expected to be above 4-6% and double-digit growth in emerging markets. Todd Stitzer, Cadbury’s CEO, says: “We’re off to a strong start as a focused confectionery business and expect first half revenues above our goal range and good progress on margins. […]

Kellogg acquires Chinese biscuit manufacturer

Kellogg has acquired the Zhanghang Food Company (Navigable Foods), a manufacturer of biscuits and crackers in the north and northeastern regions of China. Terms of the transaction were not disclosed. Navigable Foods’ 2007 net sales were approximately $50 million (€31.8m). “Geographic expansion in high-growth markets like China will help Kellogg Company continue to deliver sustainable […]