acquisition
Canada’s Regal moves to complete key acquisition of Mondoux Confectionery
Canadian-based Regal Confections is progressing a major acquisition move for long-established Quebec gummy manufacturer, Mondoux Confectionery, as it seeks to enhance its portfolio in the region, writes Neill Barston.
Mars moves to deliver $35.9 billion Kellanova takeover including flagship Pringles brand
A major strategic deal has been agreed by Mars, Incorporated, as it moves to complete $35.9 billion acquisition of Kellanova, the snacks spin-off division of Kellogg’s, including flagship brands, Pringles, Pop-Tarts and Rice Krispies Treats, reports Neill Barston.
Baker Perkins equipment rebrands to Coperion after more than a century in business
The former Schenck Process Food and Performance Materials (FPM) group of companies, which now includes British-based industry equipment business Baker Perkins, have officially changed their name to Coperion as part of a major rebranding move, writes Neill Barston.
Ingredients group Tate & Lyle posts positive outlook after major CP Kelco acquisition
Tate & Lyle plc has issued a key trading update underlining positive momentum for the business following its £1.4 billion ($1.8bn) move to acquire CP Kelco pectin and speciality gums company, reports Neill Barston.
Hotel Chocolat boosted with £10 million investment for 25 new stores and 250 jobs
British confectionery brand Hotel Chocolat is reportedly set to make a major £10 million investment into its Royston manufacturing facilities in the UK, which will see another strategic move of opening 25 new stores across the country, writes Neill Barston.
Tate & Lyle makes major $1.8 billion acquisition move for CP Kelco ingredients
A major acquisition deal has been confirmed by Tate & Lyle Ltd, as it extends its portfolio considerably in a $1.8 billion complete purchase of CP Kelco, a specialist supplier of pectin-based gums, reports Neill Barston.
Bühler moves biscuit HQ to major Denmark location
A significant strategic move has been confirmed by Bühler in relocating its Biscuit Business Unit and Nordics Services & Sales (SAS) to advanced facilities in Copenhagen, Denmark, as part of a rationalisation of its operations, writes Neill Barston.
Exclusive: Probat Group strikes major deal to acquire Royal Duyvis Wiener
Probat has confirmed a major industry acquisition in buying Netherlands-based equipment business Royal Duyvis Wiener, as it moves to expand its specialisms in cocoa and chocolate processing, reports Neill Barston.
Business news, Cocoa & chocolate, Ingredients, Processing, Regulatory, Sustainability
Mars completes major £534 million move acquiring Hotel Chocolat
Global confectionery group Mars has confirmed completing the acquisition of British premium chocolate brand, Hotel Chocolat, in a deal worth a reported £534 million, writes Neill Barston.
Business news, Cocoa & chocolate, Ingredients, Regulatory, Sustainability
Reprocessing company SugaRich moves to acquire UK Sweetdreams confectionery business
SugaRich, a key UK food reprocessing firm, has moved to acquire British confectionery business Sweetdreams Limited, targeting market expansion of its broader industry operations, reports Neill Barston.
Business news, Cocoa & chocolate, Processing, Regulatory, Sustainability
Ferrero business CTH invest begins negotiations to acquire French snacks firm Michel et Augustin
A Ferrero-related business, CTH invest, has confirmed that it has started exclusive negotiations for a full acquisition of French-based snacks and biscuit firm, Michel et Augustin from Danone, writes Neill Barston.
Hotel Chocolat sale raises questions over its future direction, and hopes for independent businesses
The pending sale of British confectionery business Hotel Chocolat marks a particularly notable marker for what can presently be achieved by independent confectionery businesses.
Business news, Cocoa & chocolate, Regulatory, Sustainability
Ferrara confirms deal to buy Jelly Belly Candy Company
A major confectionery deal has been confirmed in the US, as Chicago’s Ferrara Candy Company has unveiled a move to acquire Jelly Belly Candy Company, reports Neill Barston.
Business news, Cocoa & chocolate, Ingredients, New products, Regulatory
Nestlé continues Brazilian confectionery acquisitions, gaining Grupo CRM premium chocolate business
Nestlé has revealed a significant South American expansion move in confirming a deal with Advent International, acquiring a majority stake in Brazilian premium chocolate business Grupo CRM, reports Neill Barston.