Kraft Foods Inc. has found a buyer for Romanian confectioner Kandia-Excelent, as part of the European Commission’s requirements for Kraft’s acquisition of Cadbury. In order for the acquisition to be approved, Kraft was required to sell both Kandia-Excelent and Cadbury’s E Wendel operation in Poland. Oryxa Capital purchased Kandia-Excelent. The sale includes a Bucharest manufacturing plant and [...]

E. Wedel, the famous Polish confectioner, is up for sale and apparently attracting the attention of some high-profile bidders. Among those interested in the company are American rivals Hershey and Nestle, along with PE firms Advent International and Bridgepoint. It is believed that Ukranian confectioner Roshen may have shown initial interest but has since dropped [...]