In the year 1969, Cadbury merged with Schweppes and it was named as Cadbury Schweppes PLC. In February 2010, Kraft Foods took over the company and Cadbury PLC is now its subsidiary which is an international organization; it is commonly referred to as Cadbury in the market (Kraft Foods, 2011). Currently, it has its presence in more than sixty countries and has a workforce of more than fifty thousand people (Wallace, 2010).
Strategically, the company has been positioned in the market as the leading supplier of chocolate and sugar confectionary worldwide. Since 1905, ‘Dairy Milk’ is the most successful product of the company that has given it a top ranking in the confectionary industry (Burns, 2008). In terms of revenue, Dairy Milk has grown to become a famous and highly accredited moulded chocolate bar in UK and worldwide. The basis foundation of the strategic success of Cadbury comprises of its three strong core pillars i.e. premium quality, value for money and sound advertising (Infor, 2010).
The mission statement of Cadbury is “to be the best and biggest confectionary company across the globe while delivering a superior shareholder return through an efficient process that fosters growth of the company and ensures complete capitalization of the company’s core capabilities.” (Shelley, 2009) ...Show more