No Valentines Day for the Cadbury Oompa Loompas

I’ve been following the rather hostile takeover of Cadbury by Kraft for months now, just waiting for the hammer to fall. And this week it did.

400 Cadbury’s workers sacked after Kraft confirms factory will close just ONE WEEK after U.S. firm promised to keep it open.

I guess that says it all. For a history of the takeover (bid), here are direct links to some of the more relevant articles over the past few months:

  • Nov 19, 2009: Hershey in joint talks for Cadbury bid
  • Nov 19, 2009: “Kraft, Cadbury, and Hershey: A Not-So-Sweet Deal”? (HBR.org)
  • Dec 18, 2009: “Cadbury to slash procurement spending” (Procurement Leaders)
  • Jan 05, 2010: Buffett votes against Kraft bid for Cadbury
  • Jan 19, 2010: Kraft reaches $19 billion deal for Cadbury
  • Jan 19, 2010: Will Kraft Takeover Mean Job Losses in Cadbury Supply Chain?  (atrisk.net)
  • Jan 21, 2010: Loss of Cadbury’s independence ‘very sad’  (Procurement Leaders)
  • Jan 25, 2010: Procurement cuts to save Cadbury jobs (Supply Management)
  • Jan 25, 2010: Kraft’s Cadbury purchase highlights new logistics market (Transport Intelligence)