strategy
Lindt & Sprüngli completes €100 million extension of Swiss manufacturing facilities
A significant three-year expansion of Lindt & Sprüngli’s cocoa centre in Olten, Switzerland is now operational following major €100 million investment by the business, writes Neill Barston.
Barry Callebaut gains €700 million financing to secure future activities
The Swiss-headqartered Barry Callebaut Group has reported achieving a major sum of €700 million on the Euro bond capital markets, as it seeks to secure its long-term financial future, writes Neill Barston.
CIUS sugar organisation appoints Mars Wrigley’s Yuriy Sharanov as group president
The Committee of European Sugar Users (CIUS) has named Yuriy Sharanov, senior strategic sourcing manager at Mars Wrigley, as its president, with Torben Vestergaard Nielsen, of Orkla, becoming vice president, writes Neill Barston.
Cloetta appoints Ulrika Palm as president of Swedish confectionery operations
Scandinavian-based confectionery group Cloetta has unveiled Ulrika Palm as president of its Swedish division, succeeding its former postholder, Katarina Tell, who recently became the company’s CEO, writes Neill Barston.
Tate & Lyle makes major $1.8 billion acquisition move for CP Kelco ingredients
A major acquisition deal has been confirmed by Tate & Lyle Ltd, as it extends its portfolio considerably in a $1.8 billion complete purchase of CP Kelco, a specialist supplier of pectin-based gums, reports Neill Barston.
Exclusive: World Confectionery Conference: Behind the scenes at Krüger & Salecker
With ambitious expansion plans in the US and fresh equipment innovations, the German-founded Krüger & Salecker group is on a roll ahead of its World Confectionery Conference appearance this autumn. Editor Neill Barston reports
Mondelēz makes major strategic investment in Singapore biscuit and snacks hub
A significant investment has been made by Mondelēz International (MDLZ) as it inaugurated its new regional biscuit and baked snacks lab and innovation kitchen in Singapore, supported by $5 million investment, amid continued category growth, reports Neill Barston.
Bühler moves biscuit HQ to major Denmark location
A significant strategic move has been confirmed by Bühler in relocating its Biscuit Business Unit and Nordics Services & Sales (SAS) to advanced facilities in Copenhagen, Denmark, as part of a rationalisation of its operations, writes Neill Barston.
Ferrero opens its first US chocolate production facility, at Bloomington, Illinois
A significant milestone has been marked by Ferrero North America, as it opens its first chocolate processing facility in the region, reports Neill Barston.
Business news, Cocoa & chocolate, Ingredients, New products, Processing, Regulatory, Sustainability
Grupo Bimbo CEO Daniel Servitje Montull to step down and take on new role
Mexico’s Grupo Bimbo has confirmed that its longstanding CEO Daniel Servitje Montull is set to step down from the post, after steering its continued growth, reports Neill Barston.
Business news, Cocoa & chocolate, Ingredients, Regulatory, Sustainability
Gabriel Fernandez appointed as Mars Wrigley’s president global emerging markets
Senior regional manager Gabriel Fernandez has been confirmed as President, Global Emerging Markets (GEM) at Mars Wrigley, amid a period of notable growth for the business, writes Neill Barston.
Business news, Cocoa & chocolate, Ingredients, Regulatory, Sustainability
Hames Chocolates’ manufacturing set to be powered by eco-friendly solar panels
A key sustainability measure is being made by British confectionery business Hames Chocolates, which is set to invest in new solar panels that is anticipated to enhance energy efficiency and cut its emissions, reports Neill Barston.
Business news, Cocoa & chocolate, New products, Processing, Regulatory, Sustainability
Oterra colours appoints new chief financial officer amid continued expansion
Danish headquartered natural colours group, Oterra, has appointed Hubert Windegger as its new chief financial officer joining the business this month, as it continues its global market expansion, including operating within confectionery segments, writes Neill Barston.
Cloetta confirms Katarina Tell as new president and CEO
Swedish confectionery company Cloetta has named Katarina Tell as its new president and CEO, who will be taking up the role from this September, as its present postholder, Henri de Sauvage Nolting steps down from the post this autumn, writes Neill Barston.
Business news, Cocoa & chocolate, Ingredients, Regulatory, Sustainability