RECENT NEWS
The Economic Times  Jun 12  Comment 
The value growth clocked by the Rs 15,600-crore industry in 2017 was 12.4%. In 2016, the growth level was the same at 12.4%, but higher as compared to 9.7% in 2015.
The Economic Times  May 27  Comment 
Ferrero, which has brands like Ferrero Rocher, Kinder, Tic Tac and Nutella, is considering to get into the affordable segment in the sugar confectionery with value-based offerings.
Wall Street Journal  May 24  Comment 
Spangler Candy made a winning bid of $18.83 million at a federal bankruptcy auction for the assets of the New England Confectionery Co., the 171-year-old maker of the Necco candy.
NPR  May 24  Comment 
The 171-year-old New England Confectionery Co. — known for its iconic wafers and Valentine hearts with witty phrases — was sold to the family-owned Ohio-based Spangler Candy Company for $18 million.
The Hindu Business Line  Apr 25  Comment 
Biscuits and confectionery company Parle Products has roped in author and film producer Twinkle Khanna as the brand ambassador for its premium cookie
The Hindu Business Line  Mar 20  Comment 
Confectionery company Ferrero, which makes the Kinder brand of chocolate snacks, and the University of Oxford are coming together to research and develop educational content and a parental dashboar
Insurance Journal  Feb 23  Comment 
Cannabis businesses, beware: The Hershey Co. is on the warpath. Perhaps the most famous confectionery peddler in the world has a well-documented history of actively protecting its trademarks, and the marijuana industry is no exception. Although...
The Economic Times  Feb 13  Comment 
In view of its growth strategy, Britannia will launch dairy products and croissants by October-November through its joint venture with Greek cakes and confectionery major Chipita by the March 2020.
Wall Street Journal  Jan 17  Comment 
Ferrero’s purchase of Nestlé’s U.S. confectionery business marks a hat-trick of deals for the Italian company behind Nutella spread but aggressively expanding in America at a time of rapid market change is a daring strategy.
MarketWatch  Jan 16  Comment 
The U.S.-listed shares of Switzerland-based Nestle S.A. rose 0.8% in midday trade Tuesday, after the company said it agreed to sell its U.S. confectionery business to Ferrero for the equivalent of about $2.9 billion. Nestle's U.S. confectionery...




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For those with a sweet tooth, this is the perfect industry. Confectioners produce everything from chocolate to mint. Candy makers Nestle (NSRGY) and Hershey Foods (HSY) are major players in this industry.

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