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Candy plan: Tangerine executive chairman Steven Joseph tells Nick Hughes why he thinks the business has sweet prospects.

Article Excerpt
As a seasoned rugby winger, Steven Joseph is used to moving at a fast pace. But the rapid ascent of Tangerine Confectionery has surprised even its combative chairman. Last February's purchase of Cadbury's Monkhill business saw Tangerine, with turnover of 160m [pounds sterling], become the UK's largest sugar confectionery manufacturer--a mere three years after Joseph and MD Chris Marshall led a buyout of Toms of Denmark's UK confectionery arm to form the Tangerine business.

Sitting in his office at Tangerine's Pontefract liquorice factory, Joseph admits there will be no respite as he juggles plans to establish Tangerine as a major seasonal and export player with the constant pressures facing today's confectionery manufacturers. "We've come through, as an industry, a tough time in the past 18 months," he says. "Confectionery, and food generally, suffered earlier than most because of commodity price increases that really started hammering on our door at the start of last year, exacerbated by the currency decline."

Joseph carried out...

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