acquisition
Ferrero firm announces acquisition of Burton’s Biscuit Company
A Ferrero-related company has confirmed an agreement worth a reported £360 million to acquire British business Burton’s Biscuit Company from Ontario Teachers’ Pension Plan Board.
Focus: Besana fruit and nut specialist marks major centenary milestone
Operating across the world, Besana, an award-winning UK/Italian-leading dried fruit and nut manufacturer supplying sectors including confectionery, is marking its 100th anniversary of the company’s founding, including 86 years in the Britain. We cast an eye over its memorable history.
Business news, Food safety, Ingredients, Processing, Sustainability
Mondelēz delivers $2 billion deal for Chipita baked snacks business
A major deal has been agreed by Mondelēz International in securing a $2 billion acquisition of Chipita S.A, an established Greek-founded global business specialising in croissants and baked snacks, reports Neill Barston.
Hershey moves to acquire Lily’s reduced sugar confectionery
US-based Hershey Company has moved to acquire Lily’s better-for-you (BFY) confectionery brand, signalling the company’s intention to expand into low sugar series, writes Neill Barston.
Business news, Cocoa & chocolate, Regulatory, Sustainability
Fox’s Glacier mints and Poppets gain major brand overhaul amid group acquisition
A major relaunch for two of the UK’s renowned sweets brands – Fox’s Glacier mints and Poppets has been unveiled, focused on a packaging brand upgrade, as its parent group is acquired by Bain Capital, writes Neill Barston.
Business news, Ingredients, New products, Packaging, Sustainability
Cargill delivers key move for Belgian-based Leman decoration group
Cargill has delivered a key gourmet expansion move in acquiring Belgian cake decoration and chocolate printing specialists Leman Decoration Group, reports Neill Barston.
Nestlé unveils $5.75 billion deal for Bountiful Company’s core brands, including Nature’s Bounty
The Swiss-based Nestlé group has moved to secure a $5.75 billion deal for the core brands of the Bountiful Company, a key player in global nutrition and supplements market, including functional gummy ranges, reports Neill Barston.
Business news, Ingredients, New products, Regulatory, Sustainability
Olam Food Ingredients acquires US seasoning business Olde Thompson
The global Olam Food Ingredients (“OFI”) business has confirmed acquisition of US private label spices and seasonings manufacturer Olde Thompson at an enterprise value of $950 million, reports Neill Barston.
Chr. Hansen announces acquisition of SECNA Natural Ingredients Group S.L
Chr. Hansen’s acquisition significantly strengthens its position as a global leader in natural colours by giving the company access to SECNA Groups’ strong pigment portfolio.
Tony’s Chocolonely expands with Netherlands acquisition of Althaea-De Laet Int factory
Premium chocolate brand Tony’s Chocolonely has expanded its operations after acquiring Althaea NV and De Laet International NV, forming the chocolate factory Althaea-De Laet Int, reports Neill Barston.
Business news, Cocoa & chocolate, New products, Processing, Regulatory, Sustainability
Schur Flexibles acquires Sidac Italian confectionery packaging business
Schur Flexibles packaging has expanded into the Italian market in acquiring Sidac SpA, delivering an additional centre of excellence for the group, writes Neill Barston.
Ferrero unveils debut for Rocher and Raffaello ice cream ranges
The Ferrero confectionery group has unveiled its first-ever Ferrero Rocher, Ferrero Rocher Dark and Raffaello ice cream sticks, as it builds its presence in the segment, writes Neill Barston.
Business news, Cocoa & chocolate, Ingredients, New products, Processing
Mondelēz International acquires Grenade protein bar business
Mondelēz International is set to complete a deal for a majority interest in Grenade, a British-based performance nutrition firm within the fast-rising high protein bar segment, writes Neill Barston.
Business news, Cocoa & chocolate, Ingredients, New products, Packaging, Processing, Sustainability
Mondelēz expands Australian presence with Gourmet Food Holdings acquisition
Mondelēz International has confirmed it is to acquire Australian food company Gourmet Food Holdings Pty, specialising in the premium biscuit and cracker market, writes Neill Barston.
Business news, Cocoa & chocolate, New products, Processing, Sustainability