Chocolate/Confectionery – The News Desk

China's Moutai Wants to Satisfy All Your Cravings

18Sep

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Money

China's Moutai Wants to Satisfy All Your Cravings

The company is diversifying from liquor into chocolates and other goodies. The new offerings might not stick, but its core brand is so valuable that may not matter.

J.M. Smucker to Buy Twinkies Maker Hostess for $4.6 Billion

The sale caps a remarkable turnaround for Hostess, which has been through two Chapter 11 bankruptcies.

Nestle to Buy Majority Stake in Grupo CRM

Nestle said it reached a deal with Advent International to acquire a majority stake in Grupo CRM for an undisclosed sum, in a bid to bolster its confectionery presence in Brazil.