Jump to content

Cadbury

From Simple English Wikipedia, the free encyclopedia

Cadburyis aBritishchocolatecompany. Since 2010 it has been owned byMondelez International(originallyKraft Foods).

John Cadbury was aQuakerwho sold tea, coffee and drinking chocolate. He opened agrocersshop in 1824. Cadbury developed the business with his brother Benjamin, followed by his sonsRichardandGeorge.It quickly became the biggest chocolate maker in the world.

George developed theBournvilleestate, a model village designed to give the company's workers improved living conditions. Dairy Milk chocolate, introduced byGeorge Jrin 1905, used more milk in therecipethan rival products. By 1914, it was the company's best-selling product.

Successive members of theCadbury familyhaveinventednew chocolate products. Cadbury,Rowntree'sandFry'swere the big three British confectionery manufacturers in the 19th and 20th centuries.[1]Cadbury was granted its firstroyal warrantfromQueen Victoriain 1854. It held a royal warrant fromElizabeth IIfrom 1955 to 2022.[2]

Cadbury merged with J. S. Fry & Sons in 1919. They merged withSchweppesin 1969. It was known as Cadbury Schweppes until 2008, when the American beverage business was split asDr Pepper Snapple Group.The rights ownership of the Schweppes brand had already been different in various countries since 2006.

In 1992, SirAdrian Cadbury,chairman of the company for 24 years, produced theCadbury Report,a code of best practice which served as a basis for reform ofcorporate governancearound the world.[3]

Cadbury was in theFTSE 100on theLondon Stock Exchangefrom when it started in 1984 until the company was bought by Kraft Foods Inc. in 2010.[4][5]

References

[change|change source]
  1. Richardson, Tim (2002). "Sweets: A History of Temptation". p. 255. Bantam Press.
  2. "Royal Warrant Holders: Cadbury".Royalwarrant.org.Archivedfrom the original on 6 February 2016.Retrieved2 January2016.
  3. Gittelson, Steven (4 September 2015)."Adrian Cadbury, a leader in corporate governance, dies at 86".The Washington Post.Archivedfrom the original on 28 March 2019.Retrieved23 July2022.
  4. Paton, Maynard (2 January 2004)."Twenty Years Of The FTSE 100".The Motley Fool.Archived fromthe originalon 10 January 2010.Retrieved10 February2010.
  5. "Cadbury PLC (UK): Offer by Kraft Foods Inc. (USA) declared Wholly Unconditional – Changes In FTSE Indices".FTSE Group.2 February 2010. Archived fromthe originalon 9 February 2010.Retrieved10 February2010.

Other websites

[change|change source]