South Africa
Peanut company expands
Golden Peanut Company, a wholly owned subsidiary of Archer Daniels Midland Company, has acquired an 80% stake in the assets of P-Farm Agentre, on of the largest peanut processors in South Africa. The company will operate under the name Golden Peanut and Tree Nut S.A. Alfonso Visser has privately owned the firm since 1997, and […]
Kerry Ingredients acquires Orley Foods
Kerry Ingredients & Flavours has completed the acquisition of the Cape Town-based sweet ingredient solutions supplier Orley Foods for an undisclosed sum. Orley Foods is part of the Libstar Holdings Group and has a 50-year history of providing sweet ingredients for the confectionery, ice cream, beverage, cereal, dairy and bakery markets. The deal comes a […]
Bar production
26 September 2011 – The non-branded contract manufacturer VSI has broken ground for a new bar production plant in the Netherlands. This new site is VSI’s third plant in Leerdam and is scheduled to be fully operational in January 2012. VSI expects to strengthen its global position with this expansion. Following a sustainable and continuous […]
South African confectionery
26 July 2011 – South Africa has one of the largest and most well established confectionery markets on the African continent, notes a recent report by Leatherhead Food Research. Unlike many of the region’s other countries, South Africa has a sizeable market for chocolate confectionery, since income levels and therefore consumer spending tend to be […]
Ferrero goes green
23 June – Ferrero is preparing to go green and will aim for a 17% carbon emissions reduction in three years. According to Reuters, Ferrero will reduce energy consumption by 19-20% by 2013 compared to 2007 levels, while increasing high-efficiency energy by 50%. “The group is continuously involved in improving its industrial processes in order […]