acquisition
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.
Montezuma’s chocolate founding managing directors reappointed, after company’s acquisition
A major buyout of UK-based Montezuma’s premium chocolate business, will see its founding members, Helen and Simon Pattinson return as managing directors of the business they created in West Sussex more than two decades ago, reports Neill Barston.
Business news, Cocoa & chocolate, Ingredients, New products, Processing, Regulatory, Sustainability
Lanarkshire’s Lees of Scotland set for acquisition by Finsbury Food Group
Lanarkshire-based confectionery business Lees of Scotlands is reportedly in the process of being acquired by the Finsbury Food Group, in a deal put at £5.7 million, writes Neill Barston.
Business news, Cocoa & chocolate, Ingredients, Regulatory, Sustainability
Orkla drives forward purchase deal of Nordic confectionery firm Bubs Godis
Scandinavia’s Orkla confectionery and snacks group has reportedly forged ahead with its deal for a full acquisition of fellow Nordic business, Bubs Godis, within the Swedish sweets market, reports Neill Barston.
Business news, Ingredients, New products, Regulatory, Sustainability
Luker Chocolate expands gaining key stake in Slovakia’s Lyra confectionery group
Colombian Chocolate Manufacturer, Luker Chocolate, has confirmed a move to gain a controlling stake in Slovakian confectionery business, the Lyra Group, reports Neill Barston.
Business news, Cocoa & chocolate, Ingredients, Processing, Sustainability
Puratos confirms deal for French start-up Rapidle, expanding European online presence
Global chocolate and bakery ingredients supplier Puratos has confirmed a deal to acquire French start-up Rapidle, specialising in e-commerce solutions, writes Neill Barston.
Business news, Cocoa & chocolate, Ingredients, New products, Packaging, Processing, Sustainability
Mondelēz secures $2.9 billion deal for US-based Clif Bar & Company nutrition ranges
Global confectionery and snacks group Mondelēz International has agreed a key $2.9 billion deal acquiring US nutrition bar manufacturer Clif Bar & Company, reports Neill Barston.
Business news, Cocoa & chocolate, Ingredients, New products, Processing
Prestat agrees major deal for Rococo British premium chocolate brand
Premium confectionery group Prestat has unveiled a key acquisition of London-based Rococo Chocolates brand, which has gained prominence for the quality of its finely-packaged artisan ranges, writes Neill Barston.
Business news, Cocoa & chocolate, Food safety, Ingredients, New products, Packaging, Processing
Mondelēz International reveals results upturn for 2022 first quarter
Mondelēz International has delivered its first quarter results, which show net revenue growth of 7.3% to $7.7 billion, boosted by a notable performance by its chocolate and biscuit businesses, reports Neill Barston.
Business news, Cocoa & chocolate, Ingredients, Sustainability
Barry Callebaut posts significant performance upturn with half-year results
A key upturn in financial performance was recorded by the Barry Callebaut Group for its latest half-year results, with sales revenues increasing 15.8% to CHF 4.03 billion, and net profits rising 3.6% to CHF 212.1 million, reports Neill Barston.
Business news, Cocoa & chocolate, Food safety, Ingredients, New products, Processing, Regulatory
Belgium’s Vanparys expands operations with marzipan production capabilities
Belgian-based Vampary’s confectionery has moved to expand its operations, after acquiring capabilities to produce handmade marzipan flowers for decorating pastry ranges, writes Dominique Huret.