The world’s largest food group, Nestlé, is expected by analysts to look at the prospect of acquiring Hershey in the years ahead as they see themselves fall down the confectionery pecking order.
Global food manufacturer Kraft Foods is intending to halve its supplier base in a bid to slash costs by US$300 million per year, according to a Reuters report.
Such a move would affect more than 30,000...
While the “turmoil” witnessed by the dairy market has left “little room” for major consolidation initiatives over the past 12-months, the coming year is expected to see an uplift...
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