acquisition
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.
Mondelēz completes deal for Greek snacks business Chipita Global
Global confectionery and group Mondelēz International has confirmed completion of its deal to buy Greek-based business Chipita Global, specialising in baked snacks and croissants, reports Neill Barston.
Oterra natural colours strikes deal for US-based Food Ingredient Solutions
Global natural colours group Oterra has expanded its international presence within the segment after acquiring US-based business Food Ingredient Solutions, reports Neill Barston.
Ferrero moves to acquire remaining interests in Spain’s Ice Cream Factory Comaker
Ferrero has confirmed a deal to acquire remaining shares in the Ice Cream Factory Comaker and relevant group companies (ICFC), as part of its global market strategy, writes Neill Barston.
Business news, Cocoa & chocolate, Ingredients, Regulatory, Sustainability
Hershey lines up major $1.2 billion deal for US-based Dot’s Pretzels business
The US-based Hershey Company has made a $1.2 billion move to acquire American snacks specialist business Dot’s Pretzels, amid sustained broader category growth, writes Neill Barston.
Oterra moves to confirm acquisition for Diana Food’s natural colouring business
The Danish-based Oterra solutions group has confirmed its earlier outlined proposals to acquire Diana Food’s natural food colouring business, with both parties having now singed a transaction for an undisclosed sum, writes Neill Barston.
Azelis completes acquisition of Quimdis
Azelis, global innovation service provider in the specialty chemical and food ingredients industry, has successfully completed the acquisition of Quimdis, a leading French distributor of ingredients for nutraceuticals, flavours & fragrances.
Barry Callebaut completes acquisition of Europe Chocolate Company
The acquisition of the Belgian company sees the strengthening of Barry Callebaut’s manufacturing capabilities in the growing market of highly customised chocolate specialties and decorations.
Cargill moves to acquire Singapore’s Aalst Chocolate business
A key strategic Asian investment has been made by Cargill with an acquisition of Aalst Chocolate Pte, a Singapore-based chocolate manufacturer, writes Neill Barston.
Business news, Cocoa & chocolate, Ingredients, Regulatory, Sustainability
Focus: Raising the bar for healthier snack production
Started by two childhood friends, Eat Natural has become a multimillion business recently acquired by Ferrero, as Neill Barston discovers, speaking to company co-founder Praveen Vijh
Business news, Cocoa & chocolate, New products, Packaging, Processing, Regulatory, Sustainability
Barry Callebaut expands operations with Europe Chocolate Company acquisition
Barry Callebaut has further expanded its confectionery manufacturing operations in acquiring the Europe Chocolate Company (ECC), a Belgian B2B manufacturer of chocolate specialities and decorations, writes Neill Barston.
Business news, Cocoa & chocolate, New products, Regulatory, Sustainability
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