Cadbury

Cadbury
Company typeSubsidiary
IndustryConfectionery
Founded4 March 1824 (1824-03-04) in Birmingham, England.[1][2]
FounderJohn Cadbury
HeadquartersUxbridge Business Park, Greater London, England
Key people
Dirk Van de Put (chairman and CEO)
BrandsList of Cadbury brands
ParentMondelez International
Websitecadbury.co.uk Edit this at Wikidata

Cadbury, formerly Cadbury's and Cadbury Schweppes, is a British multinational confectionery company owned by Mondelez International (spun off from Kraft Foods) since 2010. It is the second-largest confectionery brand in the world, after Mars.[3] Cadbury is internationally headquartered in Greater London, and operates in more than 50 countries worldwide. It is known for its Dairy Milk chocolate, the Creme Egg and Roses selection box, and many other confectionery products. One of the best-known British brands, in 2013 The Daily Telegraph named Cadbury among Britain's most successful exports.[4]

Cadbury was founded in 1824 in Birmingham, England, by John Cadbury (1801–1889), a Quaker who sold tea, coffee and drinking chocolate. Cadbury developed the business with his brother Benjamin, followed by his sons Richard and George. George developed the Bournville estate, a model village designed to give the company's workers improved living conditions. Dairy Milk chocolate, introduced by George Jr in 1905, used a higher proportion of milk in the recipe than rival products. By 1914, it was the company's best-selling product. Successive members of the Cadbury family have made innovations with chocolate products. Cadbury, Rowntree's and Fry's were the big three British confectionery manufacturers throughout much of the 19th and 20th centuries.[5]

Cadbury was granted its first royal warrant from Queen Victoria in 1854. It held a royal warrant from Elizabeth II from 1955 to 2022.[6] Cadbury merged with J. S. Fry & Sons in 1919, and Schweppes in 1969, known as Cadbury Schweppes until 2008, when the American beverage business was split as Dr Pepper Snapple Group; the rights ownership of the Schweppes brand had already differed between various countries since 2006. In 1992, Sir Adrian Cadbury, chairman of the company for 24 years, produced the Cadbury Report, a code of best practice which served as a basis for reform of corporate governance around the world.[7] Cadbury was a constant constituent of the FTSE 100 on the London Stock Exchange from the index's 1984 inception until the company was bought by Kraft Foods Inc. in 2010.[8][9]

  1. ^ Bovill, James. "Cadbury turns 200: Eleven milestones in its history". BBC Midlands Today. BBC News. Retrieved 4 March 2024.
  2. ^ "Celebrating 200 Years of Cadbury with an Homage to a Fan Favourite". Little Black Book. Archived from the original on 31 January 2024. Retrieved 31 January 2024.
  3. ^ "Top 10 confectionery brands globally" Archived 12 June 2017 at the Wayback Machine. Confectionery News.
  4. ^ Curtis, Sophie (18 September 2013). "GTA 5: a Great British export". The Telegraph. Archived from the original on 13 April 2018. Retrieved 26 November 2015.
  5. ^ Richardson, Tim (2002). Sweets: A History of Temptation. Bantam Press. p. 255. ISBN 9780593049549.
  6. ^ "Royal Warrant Holders: Cadbury". Royalwarrant.org. Archived from the original on 6 February 2016. Retrieved 2 January 2016.
  7. ^ Gittelson, Steven (4 September 2015). "Adrian Cadbury, a leader in corporate governance, dies at 86". The Washington Post. Archived from the original on 28 March 2019. Retrieved 23 July 2022.
  8. ^ Paton, Maynard (2 January 2004). "Twenty Years Of The FTSE 100". The Motley Fool. Archived from the original on 10 January 2010. Retrieved 10 February 2010.
  9. ^ "Cadbury PLC (UK): Offer by Kraft Foods Inc. (USA) declared Wholly Unconditional – Changes In FTSE Indices". FTSE Group. 2 February 2010. Archived from the original on 9 February 2010. Retrieved 10 February 2010.

From Wikipedia, the free encyclopedia · View on Wikipedia

Developed by Nelliwinne