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Chocolate Business
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Ferrero Strikes Deal to Buy Some Brands of United Biscuits
Nov 30, 2016Nutella and Tic Tac maker Ferrero International has announced to acquire some of the brands of UK based food manufacturer United Biscuits for an undisclosed sum. The Italian chocolatier is planning to buy Belgian cookies Delacre and ...
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Cargill Establishes Own Licensed Buying Company in Ghana
Nov 10, 2016The cocoa & chocolate business of Cargill has set up its own licensed buying company (LBC) after securing a licence from the Ghanaian Cocoa Board (Cocobod). The new LBC has started operations and Cargill purchased its initial consignment ...
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Cargill Launched a Newly Expanded World Class Chocolate Facility in Belgium
Jun 24, 2015Cargill has launched a newly expanded world class chocolate facility in Mouscron, Belgium that will increase the supply of Belgian chocolate. The €35 million investment doubles production capacity for a product range including dark ...
Tags: Cargill, Chocolate Facility
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ADM Chocolate Business Sale Is Under Investigation
Feb 26, 2015The European Commission has started an in-depth investigation into Cargill's planned acquisition of Archer Daniels Midland's (ADM) chocolate business, as the $440m deal could lead to higher prices of chocolates. During a preliminary ...
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Iconic Ernest Hillier Been Placed Into Voluntary Administration
Jan 20, 2015Australia’s oldest chocolate business, the iconic Ernest Hillier has been placed into voluntary administration, and a meeting with creditors will take place on Tuesday 20 January 2014. Hillier’s administrator, Bruno Secatore ...
Tags: chocolate business, Agriculture
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Olam to Acquire Global Cocoa Business of Archer Daniels Midland Company for $1.3bn
Dec 17, 2014Singapore’s Olam International has agreed to acquire the global cocoa business of Archer Daniels Midland Company, in a $1.3bn deal. This new development is expected to enhance Olam's chocolate and cocoa businesses, in an effort ...
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India's FMCG Start-up Global Consumer Products to Enter The Country's Chocolate Bussiness
Dec 11, 2014India’s FMCG start-up Global Consumer Products is set to enter the country’s chocolate business with a new brand. The start-up plans to launch its own brand initially in the four southern states early next year, Business Line ...
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ADM Temporarily Halted Cocoa Roasting Operations at Schokinag Processing Plant in Germany
Oct 29, 2014US-based food processing company Archer Daniels Midland (ADM) has temporarily halted cocoa roasting operations at its Schokinag processing plant in Germany due to fire at the plant. Early on 24 October, fire broke out in the roasting ...
Tags: cocoa roasting, food processing
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ADM Has Withdrawn Plans to Sell Its Global Cocoa Business to Divest Its Chocolate Business
Apr 17, 2014Archer Daniels Midland (ADM) has withdrawn plans to sell its global cocoa business and is now pursuing options to divest its chocolate business. The decision comes as the company's negotiations to divest cocoa unit were not successful. ...
Tags: Chocolate, Cocoa, Archer Daniels Midland
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Barry Callebaut Completed The Acquisition of The Cocoa Ingredients Business
Jul 3, 2013Swiss cocoa and chocolate products manufacturer Barry Callebaut has completed the acquisition of the cocoa ingredients business of Singapore-based Petra Foods for $860m. This acquisition makes Barry Callebaut the world's leading cocoa and ...
Tags: Cocoa Ingredients, Food
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Barry Callebaut Reported That Its Net Profit for The First Half of 2012-13 Declined 7.4%
Apr 9, 2013Swiss cocoa and chocolate products manufacturer Barry Callebaut has reported that its net profit for the first half of 2012-13 declined 7.4cto CHF116.4m ($124.5m), compared with CHF125.7m ($134.4m) for the same period in 2011-12. The ...
Tags: Barry Callebaut, Net Profit
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Mondelez Confident on 2013 to Increase Sales by at Least 5% on an Organic Basis
Feb 19, 2013Global snacks giant Mondelez International has affirmed confidence in its ability to increase sales by at least 5% on an organic basis in 2012 amid concerns on Wall Street. Better management of input costs and higher sales in emerging ...
Tags: snacks giant, Mondelez International, sales
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Barry Callebaut Said Today It Had Become The World's Largest Cocoa Processor
Dec 13, 2012Barry Callebaut said today (12 December) it had become the world's largest cocoa processor after agreeing to buy Petra Foods' cocoa ingredients business for US$950m. The Switzerland-based group, which supplies cocoa and chocolate ...
Tags: Cocoa, Food, chocolate products
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Warburtons Has Appointed Nestle UK's Head of Chocolate to The Post of Marketing Director
Dec 11, 2012UK baker Warburtons has appointed Nestle UK's head of chocolate, Mark Simester, to the post of marketing director. Simester will join Warburtons in October, replacing Richard Hayes who left in January. Simester is well-placed to ...
Tags: Warburtons, Nestle UK, chocolate, food market
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Cargill Has Launched a Cocoa Promise Pledge That It Says Strengthens Its Global Commitment
Dec 10, 2012US agribusiness giant Cargill has launched a Cocoa Promise pledge that it says strengthens its global commitment to cocoa farmers. Cargill said the programme, launched today (21 October), builds on its work over the past ten years and ...
Tags: Cocoa, livelihoods, cocoa beans, cocoa farming
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