investment
Montezuma’s confectionery gains major private equity investment
Premium confectionery business Montezuma’s has gained a major financial investment from Scottish-based private equity firm Inverleith LLP, a specialist in consumer brands investments.
Barry Callebaut completes major $30 million investment in north American facilities
Chocolate manufacturer Barry Callebaut, has completed several expansion investments totalling $30 million in three of its North American facilities.
Business news, Cocoa & chocolate, Ingredients, New products, Regulatory, Sustainability
Cargill plans $150 million product texturising facility
The Cargill group has unveiled $150 million investment plans for a HM pectin citrus texturiser production facility in Brazil, South America, which will have wide application use including for the confectionery sector.
Ferrero invests £6.7 million in new Christmas confectionery ranges
The Ferrero group has confirmed major product development investment valued at £6.74 million across its confectionery and spreads, with a number of new seasonal ranges planned.
MIA ethical chocolate brand completes crowdfunding venture
Bean-to-bar chocolate company MIA (Made in Africa) has successfully completed a crowdfunding campaign, gaining £137,000 towards improving its production facilities in Madagascar.
Ingredients, Packaging, Processing, Regulatory, Sustainability
Casa Luker joins Colombian government in cocoa production initiative
Colombian confectionery company Casa Luker has joined with the country’s government and National Cocoa Federation in pledging to produce deforestation-free and ‘peace-friendly’ cocoa by 2020.
Ingredients, Packaging, Processing, Regulatory, Sustainability
Equipment investment sees Bristows of Devon gain key safety rating
Major investment and renovation work at UK confectionery business Bristows of Devon has seen it gain a BRC A-rating for the food safety standards of its facilities.
Business news, Ingredients, Processing, Regulatory, Sustainability
Food and Drink Federation survey reveals manufacturers’ concerns
A business confidence survey from the Food and Drink Federation (FDF) has revealing that more than three quarters of UK manufacturers expect input prices to rise in the remainder of 2018.
Ferrero places sweetest ad for sixty sensory judges
In a move that has been described as potentially the ultimate role for chocoholics, Ferrero is advertising in Italy for a total of 60 product taste testers.
Sensient confirms deal for Canadian natural ingredients firm Mazza Innovation
Sensient Technologies has confirmed a deal to acquire Vancouver-based botanical extraction technology firm Mazza Innovation as part of its natural ingredients expansion
Business news, Ingredients, Processing, Regulatory, Sustainability
Sweetdreams appoints new UK sales director
UK chocolatier, Sweetdreams, has recruited a new sales director to build on its reported growth over the past two years.
Major investment of $200 million into Mondelēz Czech biscuit factory
Mondelēz International has confirmed it has made ongoing investments totalling $200 million over the past four years into enhancing its biscuit manufacturing facility at Opava, in the Czech Republic.
Major Nestlé UK distribution centre includes key confectionery brands
Nestlé and transport firm XPO Logistics have confirmed development of a 638,000-square-foot distribution centre at the new Segro East Midlands Gateway Logistics Park in Leicestershire, UK.
Multi-million investment for Cargill’s Belgian liquid chocolate production
Cargill has confirmed a €12 million investment to make key improvements to its Mouscron site in Belgium for a new liquid chocolate production facility.