Green & Black’s management “ponders split from Kraft”
The management running UK-based premium organic chocolate maker Green & Black’s is reportedly considering buying the business from parent company Kraft Foods.
A report in The Financial Times said bosses at Green & Black’s, which Kraft acquired as part of its acquisition of Cadbury last year, are looking at possible plans for a management buy-out.
The FT cited sources familiar with Green & Black’s that claimed the chocolate maker’s management were struggling to keep the entrepreneurial spirit at the business, which was formed in 1991 and bought by Cadbury in 2005.
Green & Black’s, which is available widely through Australia and New Zealand, makes ethically-sourced organic chocolate products.
just-food is the world’s leading portal for the global pre-packaged food and retail industries. Its daily mix of breaking news, views, analysis and research serves over 100,000 food executives each month. http://www.just-food.com/
Tonga could soon benefit from an increased demand for its vanilla beans with Madagascan vanilla pric...
The Australian Competition and Consumer Commission (ACCC) says it will not oppose the proposed acqui...
J.Walter Thompson Intelligence (JWTI) recently attended the Summer Fancy Food Show, North America’s ...
The Australian Department of Agriculture and Water Resources has announced it is phasing out its own...
A study has found those with the ‘obesity gene’ can lose weight through diet, exercise and medicatio...
The US arm of Mars has acquired pet-care company VCA for US $7.7 billion.
Queensland-based soft serve ice cream producer, Frosty Boy, says its venture into the Middle East fo...
McDonald’s has become the first restaurant company to set approved science based targets to reduce i...