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Power brands and BRIC countries drive growth for Kraft in 2011

Kraft Foods has posted growth in its 2011 results driven by strong performance for its power brands and BRIC and European markets.

News in brief

Kraft appoints new legal head

Food giant Kraft Foods has appointed Gerhard "Gerd" W. Pleuhs to lead its global legal team after its current head plans to leave in April.

Kraft, General Mills and ConAgra: analysts’ tips on Pringles suitors

Kraft Foods is the likeliest candidate for Procter & Gamble’s Pringles brand after a deal with Diamond Foods looks lost, though other candidates may be lurking, according to analysts.

Kraft to cut 1,600 jobs in preparation for company split

Kraft Foods has said it will cut about 1,600 jobs from its US and Canadian workforce over the next 12 months, as it prepares to split into two separate companies.

Asian suitors and Kraft may move for United Biscuits as split rumours rife

UK-based United Biscuits (UB) may have attracted bidders from Asia and major companies like Kraft and PepsiCo amid rumours the company has split its operations into a snacks and biscuit...

Kraft to introduce BelVita breakfast biscuits to US amid other ‘healthy’ snack launches

Food giant Kraft has announced plans to introduce BelVita breakfast biscuits to the US market following European success and plans a string of other snacks product launches in 2012 to...

Kraft’s carbon emissions from plants ‘negligible’

The vast majority of Kraft Foods’ carbon emissions come from outside its manufacturing facilities, according to a survey mapping its environmental footprint, but the full picture may look quite different...

Kraft’s snacks spin-off targets Asia and Latin America as Rosenfeld appointed head

Developing markets are to make up almost half of revenues for Kraft’s global snacks business as the spin-off business announces Irene Rosenfeld as its head.

Kraft Foods shows strong performance in European chocolate and snacks

Kraft Foods has announced improved turnover in its third quarter results, boosted by enhanced sales in Europe and developing markets.

Kraft Foods opens €15m biscuit R&D centre in Paris to boost European portfolio

A Biscuit Research and Development Centre from food giant Kraft opened its doors yesterday in Saclay, France, a suburb of Paris.

Kraft invests in Bournville, defends global split

Kraft has confirmed that it has chosen Cadbury’s site in Bournville as the site of a new chocolate centre to “drive new product development and new technologies” for chocolate brands....

Kraft Foods to split into two separate companies

Kraft Foods has said it intends to split into two companies, in a move that would create a global snacks powerhouse separate from its North American grocery business.

EFSA health claim opinion

Kraft on positive glycaemic health claim opinion: “We are only halfway through the process”

Kraft Foods Europe is “delighted” to have become only the second company to win an article 13.5 health claim but is focusing now on how the opinion will be viewed...

EFSA health claim opinion

Kraft chews on article 13.5 glycaemic health claim win

Kraft Foods Europe is the second company to win a positive article 13.5 proprietary and emerging science health claim opinion from the European Food Safety Authority (EFSA) with a submission...

Brazil: Kraft capitalises on chocolate and biscuit growth

Kraft Foods is leveraging the growing trend for chocolate and biscuits in developing markets with the opening of a new $80m production facility in Brazil.

Antitrust fine on Kraft and Unilever may act as 'deterrent' to others, lawyer

The German cartel office’s fine of €38m imposed on Kraft Foods, Unilever and Dr Oetker for illegal disclosure of ‘competition relevant information’ may act as a deterrent to other brand...

Kraft sues Indian biscuit maker for 'trademark violation'

Kraft Foods is suing Indian biscuit maker Britannia Industries for trademark violation related to one of its products that the US group says is a copy of its popular Oreo...

News in brief

Nestlé completes Kraft pizza acquisiton

Nestlé is starting the integration of Kraft’s frozen pizza business into its international organisation, after competing the acquisition yesterday.

Nestlé and Kraft probe palm oil sources after sustainability claims

The globe’s two biggest food firms, Nestlé and Kraft, have launched internal investigations after a Greenpeace report claimed both purchase palm oil from Indonesian company PT Smart whose parent group...

News in brief

Kraft upbeat at Bolshevik biscuit factory opening

Kraft was upbeat about its investment in the Russian biscuit market at the opening of a Bolshevik cookie factory this week.

Kraft plans R&D centre for ex-Danone biscuit unit

Kraft plans to invest €15m in a new innovation centre for biscuits in France following the acquisition of the Danone biscuit business two years ago.

News in brief

Cadbury boss makes veiled attack on Kraft’s brand of capitalism

Cadbury CEO Todd Stitzer told a fair trade conference in London on Thursday that taking away its “principled capitalism” would destroy Cadbury’s appeal, according to the UK’s Guardian newspaper....

Cadbury tells Kraft to bid or back off

Cadbury has approached the UK’s Takeover Panel, asking it to impose a deadline for Kraft to make an offer.

Cadbury confident despite Kraft bid

Cadbury has given a confident presentation of its stand-alone strategy in the midst of speculation that the company is unlikely to hold onto its independence following Kraft’s failed take-over bid....

Cadbury slams Kraft bid and business model

Cadbury has labelled Kraft “a low growth conglomerate” in a letter restating its rejection of the food giant’s £10.2bn ($16.7bn) takeover bid.

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