SINCE 1921 June 1999 BUSINESS NEWS THE MANUFACTURING CONFECTIONER — The Business Magazine of the Global Sweet Goods Industry

Companies in the News Leaf Europe sold to CSM Ahold ...... 12 CSM, the Dutch food products group, consisting of Red Ban Venco in the S. Alexanders Chocolates ...... 14 recently announced its plans to create one Benelux and Malaco in Scandinavia, will Archibald Candy Corp...... 18 of Europe’s largest sweets and confec- triple in size as a result of the acquisition. Barry Callebaut USA ...... 18 tionery groups by paying e390 million Leaf had a turnover of e420 million Cadbury Schweppes ...... 10 e Callebaut ...... 18 (US$415 million) for Leaf, the Finnish (US$447 million) and profits of 30 mil- Centrum ...... 12 sweet-maker of brands such as Chewits, lion (US$32 million) last year. America ...... 7 Xylifresh and Lackerol. The Finnish company has two plants in Cocoa Barry ...... 18 The Dutch company said it would use the U.K. — in Bristol and Southport in CSM ...... 7 Leaf as a platform to expand its confec- Lancashire . Dayton Hudson ...... 8 Dollar Sweets ...... 14 tionery presence in the Nordic region. Huhtamaki previously sold the Gubor Embaré Indústria Alimenticias . . . . . 14 The CSM sugar confectionery division, brand to Stollwerk. Fannie May ...... 7 Farley Candy ...... 12 Whitman’s offers to purchase Rocky Mountain Favorite Brands ...... 12 Whitman’s Candies announced its offer to Rocky Mountain Chocolate had sales of The Foreign Candy Co...... 12 Chocolates Garoto ...... 14 purchase Rocky Mountain Chocolate Fac- $25.8 million in 1998. It has 37 company- Gubor ...... 7 tory, Inc. Whitman’s has offered $5.75 per owned stores and 183 franchised stores in Haitai ...... 14 share or approximately $22.5 million North America. Whitman’s is owned by Harmony Foods ...... 18 including assumed bank debt. Russell Stover Candies, Inc. Hershey Foods Corp...... 8 Huhtamaki ...... 7 Leaf ...... 7 Necco acquires Clark assets Lotte Confectionery ...... 14 New England Confectionery Company Bar America to broaden its brand offer- Compania Nacional de Chocolates . . . 14 (Necco) has acquired the manufacturing ings in the candy bar category. Necco Necco ...... 7 assets and trademarks of the - will move the Clark operation into its Nestlé ...... 8, 10, 18 Procter & Gamble ...... 10 based Clark Bar America for $4.1 million. manufacturing facility in Cambridge, Riclan Alimentos ...... 8 Necco purchased the assets of Clark . Rocky Mountain Chocolate Factory . . 7 Sarotti ...... 10 Sherwood Brands ...... 12 Fannie May opens Hallmark store Snack Brands Australia ...... 14 Fannie May Candies held a grand opening and has been available in the Crown stores Stollwerk ...... 7, 10 in April of its own Hallmark Store in since November of 1998. Russell Stover Candies ...... 7 Bartlett, Illinois, U.S. The store’s Tongyang Confectionery ...... 14 Tootsie Roll Industries ...... 8 opening is an extension of a strate- Van Leer Chocolates ...... 18 gic alliance formed between Fan- Whitman’s Candies ...... 7 nie May and Hallmark last spring. Wm. Wrigley Jr. Company ...... 9 The cobranded candy with the label, “Fannie May Candies Cele- brated Collection/Hallmark Con- fections” was developed exclusively for Hallmark Gold Crown stores

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