acquisition
Hotel Chocolat boosted with £10 million investment for 25 new stores and 250 jobs
British confectionery brand Hotel Chocolat is reportedly set to make a major £10 million investment into its Royston manufacturing facilities in the UK, which will see another strategic move of opening 25 new stores across the country, 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.
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.
Exclusive: Probat Group strikes major deal to acquire Royal Duyvis Wiener
Probat has confirmed a major industry acquisition in buying Netherlands-based equipment business Royal Duyvis Wiener, as it moves to expand its specialisms in cocoa and chocolate processing, reports Neill Barston.
Business news, Cocoa & chocolate, Ingredients, Processing, Regulatory, Sustainability
Mars completes major £534 million move acquiring Hotel Chocolat
Global confectionery group Mars has confirmed completing the acquisition of British premium chocolate brand, Hotel Chocolat, in a deal worth a reported £534 million, writes Neill Barston.
Business news, Cocoa & chocolate, Ingredients, Regulatory, Sustainability
Reprocessing company SugaRich moves to acquire UK Sweetdreams confectionery business
SugaRich, a key UK food reprocessing firm, has moved to acquire British confectionery business Sweetdreams Limited, targeting market expansion of its broader industry operations, reports Neill Barston.
Business news, Cocoa & chocolate, Processing, Regulatory, Sustainability
Ferrero business CTH invest begins negotiations to acquire French snacks firm Michel et Augustin
A Ferrero-related business, CTH invest, has confirmed that it has started exclusive negotiations for a full acquisition of French-based snacks and biscuit firm, Michel et Augustin from Danone, writes Neill Barston.
Hotel Chocolat sale raises questions over its future direction, and hopes for independent businesses
The pending sale of British confectionery business Hotel Chocolat marks a particularly notable marker for what can presently be achieved by independent confectionery businesses.
Business news, Cocoa & chocolate, Regulatory, Sustainability
Ferrara confirms deal to buy Jelly Belly Candy Company
A major confectionery deal has been confirmed in the US, as Chicago’s Ferrara Candy Company has unveiled a move to acquire Jelly Belly Candy Company, reports Neill Barston.
Business news, Cocoa & chocolate, Ingredients, New products, Regulatory
Nestlé continues Brazilian confectionery acquisitions, gaining Grupo CRM premium chocolate business
Nestlé has revealed a significant South American expansion move in confirming a deal with Advent International, acquiring a majority stake in Brazilian premium chocolate business Grupo CRM, reports Neill Barston.
Montezuma’s chocolate founding managing directors reappointed, after company’s acquisition
A major buyout of UK-based Montezuma’s premium chocolate business, will see its founding members, Helen and Simon Pattinson return as managing directors of the business they created in West Sussex more than two decades ago, reports Neill Barston.
Business news, Cocoa & chocolate, Ingredients, New products, Processing, Regulatory, Sustainability
Lanarkshire’s Lees of Scotland set for acquisition by Finsbury Food Group
Lanarkshire-based confectionery business Lees of Scotlands is reportedly in the process of being acquired by the Finsbury Food Group, in a deal put at £5.7 million, writes Neill Barston.
Business news, Cocoa & chocolate, Ingredients, Regulatory, Sustainability
Orkla drives forward purchase deal of Nordic confectionery firm Bubs Godis
Scandinavia’s Orkla confectionery and snacks group has reportedly forged ahead with its deal for a full acquisition of fellow Nordic business, Bubs Godis, within the Swedish sweets market, reports Neill Barston.
Business news, Ingredients, New products, Regulatory, Sustainability
Luker Chocolate expands gaining key stake in Slovakia’s Lyra confectionery group
Colombian Chocolate Manufacturer, Luker Chocolate, has confirmed a move to gain a controlling stake in Slovakian confectionery business, the Lyra Group, reports Neill Barston.
Business news, Cocoa & chocolate, Ingredients, Processing, Sustainability