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Australia's Oldest Chocolatier Has Been Acquired by Re:Capital
Feb 27, 2014Australia’s oldest chocolatier, Ernest Hillier Pty Ltd (Ernest Hillier), has been acquired by Re:Capital, the Australian arm of UK investment company Hilco Capital. The sale comes as the former owners of Ernest Hillier’s, the ...
Tags: acquisition, chocolate, confectionery, Ernest-Hillier, Ferrero
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Hershey Has Unveiled a New Asia Innovation Center in Shanghai, China
May 23, 2013US chocolate manufacturer Hershey has unveiled a new Asia Innovation Center in Shanghai, China, as part of its strategy to drive global growth and innovation. The new center is located at the Jinqiao Golden Bridge Research Park in the ...
Tags: Hershey, R&D Center
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Lindt & SprüNgli Has Reported a 7% Rise in Net Sales for 2012
Jan 16, 2013Chocolate maker Lindt & Sprüngli has reported a 7% rise in net sales for 2012 and estimated that profit margins widened during the year. For the 12 months to the end of December, Lindt reported sales of CHF2.67bn (US$2.8bn), ...
Tags: Chocolate maker, Lindt, profit
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Volatility in Global Commodity Markets Remained a Significant Factor for The Food Industry
Dec 21, 2012Volatility in global commodity markets remained a significant factor for the food industry during 2012. On the one hand, adverse weather conditions hit grain harvests causing prices to spike, while on the other, over-supply has meant cocoa ...
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Lindt & Sprungli Has Launched a Range of "Decadent" Filled Chocolate Bars in The UK
Dec 13, 2012Lindt & Sprungli has launched a range of "decadent" filled chocolate bars in the UK. The Creation bars are available in four flavours: Divine Hazelnut, Velvety Vanilla Almond, Sumptuous Dark Orange and Luscious Caramel. Lindt said it ...
Tags: chocolate, chocolate bars, divine hazelnut, overall chocolate
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Lindt & Spruengli Has Booked a 14% Rise in First-Half Net Profit
Aug 22, 2012Lindt & Spruengli has booked a 14% rise in first-half net profit in the face of weak consumer sentiment in the chocolate-maker's largest markets, the US and Europe. The Swiss chocolatier said today (21 August) net profit rose to CHF36.6m ...
Tags: chocolate, weak consumer, milk, sugar, nuts