expansion
Givaudan confirms deal for US-based natural colours business DDW
Swiss flavours and fragrances firm Givaudan has confirmed a deal to acquire US-based natural colour company DDW, as part of its broader growth plans for its Taste and Wellbeing business, writes Neill Barston.
Ishida expands South African equipment presence with Vannpax agreement
Ishida Europe has enhanced its support for South Africa and across the region in naming specialist packaging machinery company Vannpax as a distributor for its multihead weighers, writes Neill Barston.
Business news, Cocoa & chocolate, Ingredients, New products, Processing, Sustainability
Plamil moves to create first industry professional vegan chocolate website
UK-based Plamil is delivering what is believed to be an industry first in creating a dedicated website for confectionery professionals seeking vegan chocolate for baking, coating and decorating, writes Neill Barston.
Business news, Cocoa & chocolate, Ingredients, New products, Processing, Regulatory, Sustainability
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
ChocXO delivers key expansion of chocolate manufacturing facilities at its Canadian site
US-founded premium chocolate brand ChocXO has confirmed significant investment made in expanding its production facilities at its manufacturing site in British Columbia, reports Neill Barston.
Business news, Cocoa & chocolate, Ingredients, New products, Processing, Sustainability
Hotel Chocolat confirms plans for 140 confectionery manufacturing roles at its UK base
UK premium confectionery brand Hotel Chocolat has confirmed expansion of its operations with plans to recruit 140 new manufacturing employees at its advanced facilities at Hadley Park, Huntingdon, reports Neill Barston.
Business news, Cocoa & chocolate, Ingredients, Processing, Sustainability
Mondelēz records strong quarterly growth boosted by key business acquisitions
Mondelēz International has posted a key upturn in financial results for its second quarter, with net revenues up 12.4% to $6.6 billion for the period, despite a backdrop of broader trading challenges, reports Neill Barston.
Business news, Cocoa & chocolate, Ingredients, New products, Regulatory, Sustainability
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
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.
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.
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
Lindt & Sprüngli targets renewed growth after 2020’s market turbulence
The Lindt & Sprüngli group has released its latest annual results for 2020, with reported sales of CHF 4.02 billion, down 6.1% year-on-year, as the business adapts to ongoing coronavirus pandemic challenges, writes Neill Barston.
Business news, Cocoa & chocolate, Ingredients, New products, Sustainability
Mars Wrigley appoints Adam Grant as UK general manager
Mars Wrigley UK has confirmed Adam Grant as the company’s general manager, who will be tasked with driving growth for key brands including M&M’s and Galaxy chocolate ranges, reports Neill Barston.
Business news, Cocoa & chocolate, New products, Sustainability
Vegan chocolate brand Love Raw expands with international listings
British-founded vegan chocolate brand, LoveRaw has expanded its presence after confirming a number of international listings for the company, despite ongoing pandemic conditions, writes Neill Barston.
Business news, Cocoa & chocolate, Ingredients, New products, Processing, Sustainability