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Cadbury
Schweppes finally cut loose its soft drinks arm, now Dr
Pepper Snapple Group, in May 2008, and
changed its name to Cadbury plc. It is now focused entirely on the
confectionery sector, where it was until recently the global #1. Cadbury lost that position
following the merger of Mars and
Wrigley at the end of 2008. The
heightened competition has increased the likelihood of further consolidation
within the sector, possibly an alignment of Cadbury with US company
Hershey, or even global giants Nestle and
Kraft. In recent years, Cadbury has steadily
strengthened its position,
supporting its core Dairy Milk masterbrand and other chocolate products with
the acquisition of several gum and mints businesses, including Adams,
Stimorol and Hollywood.
Until the Mars-Wrigley merger it was the only company active globally in all three segments of
chocolate, sugar candy and gum. Advertising Age estimated global measured advertising expenditure of
$425m in 2007, making Cadbury the world's #83 advertiser. Click here to access the Adbrands profile (subscribers only); or
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markets.
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Competitors: see Confectionery Sector for other companies
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Cadbury website
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