Zurich romances Kansas City
In the chocolate market, as in life, you never know what you are going to get-as evidenced by the announcement of Zurich-based Lindt & Sprűngli that it will acquire Russell Stover. The acquisition will firmly establish Lindt as the number # 3 chocolate candy manufacturer in the U.S. market-still well behind Hershey and Mars, but now firmly ahead of Swiss rival and global food leader Nestlé. This development has far-reaching implications for premium chocolate in the U.S. market, particularly in...
July 18, 2014