Hungary to introduce warnings about ‘shrinkflation’ effect on prices
Hungary’s government is taking action to combat “shrinkflation” by requiring larger food retailers to label products affected by this practice. According to a statement from...
Tag : confectionery
Warning Issued for Fake Branded Chocolate Bars Due to Food Safety Concerns
The UK’s Food Standards Agency has issued a warning to consumers about counterfeit chocolate bars branded as ‘Wonka Bars’ or ‘Prime’. These fake products pose...
France asks for EU consent to implement ‘shrinkflation’ strategy
French authorities have requested permission from the European Commission to mandate retailers to inform consumers about “shrinkflation”. Shrinkflation refers to the reduction in the size...
Ownership of Italy’s Salpa & Cherubini Biscuit Maker Transfers with Majority Stake
Salpa & Cherubini, an Italian ice-cream sandwich and biscuit maker, has experienced a change in majority ownership. Luxemburg-based private-equity fund Equinox has sold its 63%...
Quality Street Overtakes Celebrations as the Top Christmas Assortment in the UK
The food and beverage industry is always evolving to meet consumer demands, and staying on top of current trends is crucial for success. When it...
Danone in discussions to sell Michel et Augustin biscuit brand to Ferrero ecosystem
CTH Invest, a Ferrero-related Belgian Holding Company, is currently in negotiations to fully acquire Michel et Augustin from Danone. The business markets premium biscuits and...
Nestlé to Use “Lower-Emission Fuels” for 50% of Shipping Operations
Nestlé is planning to use more sustainable shipping options, with the intention to adopt “lower carbon alternatives” for half of its “global shipping needs.” We...
PepsiCo broadens its range of diverse ingredients
PepsiCo is expanding its use of ‘diverse ingredients’ as part of its Pep+ initiative. The multinational aims to deliver 145bn portions of diverse ingredients per...
Addressing Unsustainable Practices in the Coconut Supply Chain Through the Sustainable Coconut Partnership
Coconuts are primarily grown in tropical climates, with more than 70% of global coconut oil production coming from the Philippines and Indonesia. The coconut trees...
Mars completes acquisition of Hotel Chocolat in confectionery merger and acquisition deal
Mars Inc., a US-headquartered confectionery major, has announced plans to acquire British chocolate retailer Hotel Chocolat for more than £534m (€610m), marking a significant move...