Category Archives: Companies

Hershey Is Opening A New Park Dedicated Completely To Chocolate Called “Chocolatetown”

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The chocolate heaven that already exists on Earth is about to get even better. You know Hersheypark? The theme park with more than 70 rides, a water park, and a zoo?? Just when you thought they couldn’t make things any better, they went ahead and announced that next year they’re opening “Chocolatetown,” which is exactly what you’re imagining and MORE…. Read more »

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Bakers Sue Nestlé for Selling ‘Fake’ White Chocolate

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A group of bakers has filed a class-action suit against Nestlé, the world’s largest food company, claiming its white chocolate chips are not actually white chocolate, but are instead made with inferior hydrogenated oils. The complaint, filed in Santa Cruz County Superior Court, alleges that the Premier White Morsels sold by Nestlé skimp on cocoa butter and replace it with… Read more »

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Barry Callebaut debuts Cacaofruit Experience range of products

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Barry Callebaut has unveiled a new range of products that makes use of the entire cacao fruit, including its beans, peel as well as its fruity pulp and juice. Called Cacaofruit Experience, the ingredients can be used in applications such as juices, smoothies, frozen desserts, bakery and pastry products, and snacks all the way to chocolate. Barry Callebaut said the… Read more »

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Puratos UK launches new flavours for autumn-winter 2019

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Bakery, patisserie, and chocolate ingredients supplier Puratos UK has launched two new cake mix and filling combinations for autumn winter 2019. Inspired by the trends for tradition, nostalgia and sweet and savoury ‘swavoury’ flavours, the new launches include two fillings: a Topfil Rhubarb fruit filling and Cremfil Ultim Salted Chocolate filling and two cake mixes: Satin Crème Cake Custard Mix… Read more »

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Confectionery giant Mars takes 100% ownership of UAE business

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Company buys out local partner following last year’s law change allowing complete ownership of onshore firms Food giant Mars has become one of the first multinationals to take advantage of the UAE’s new foreign direct investment (FDI) laws offering foreign companies 100 per cent ownership of onshore companies by buying out its local partner. The company, which has had a… Read more »

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Cadbury chocolate receives resentment for ‘diversity’ candy bar

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In something that seems out of Bizarro World, people are angry over chocolate. To be more specific, a chocolate’s branding. Cadbury recently received some backlash for a candy bar they released in India, featuring four different types of chocolate. The chocolate was meant to promote diversity with it’s blending of white, milk, light and dark flavors in celebration of India’s… Read more »

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Ferrero Completes $1.3 Billion Acquisition of Kellogg’s Cookies and Fruit Snacks Businesses

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The Ferrero Group and its related companies (“Ferrero”), announced that it has completed its previously announced acquisition of Kellogg’s cookie, fruit and fruit-flavored snack, ice cream cone and pie crust businesses for $1.3 billion. The acquired brands represent a portion of Kellogg’s North America snacking business. Specifically, it includes select cookies businesses, including brands like Keebler, Mother’s, Famous Amos, Murray’s,… Read more »

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Kraft, Mondelez to pay $16m penalty in wheat price manipulation case

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The US Commodity Futures Trading Commission (CFTC) has announced that American food companies Kraft Heinz and Mondelez International will have to pay $16m as penalty over a wheat manipulation case dating back to 2015. This penalty is allegedly valued to be three times the profit made by the two companies. Mondelez and Kraft Heinz, which operated as Kraft Foods until… Read more »

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Sara Lee selling Tyson Foods’ Frozen Bakery

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Sara Lee® Frozen Bakery is selling Tyson Foods’ Frozen Bakery business to private equity firm Kohlberg & Company. Drawing on its heritage as a bakery and dessert maker, the new Sara Lee® Frozen Bakery will focus on Sara Lee®, Van’s®, Chef Pierre® and Bistro Collection® brands, especially in the fast-growing premium dessert food service market. Sara Lee Frozen Bakery will… Read more »

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Sara Lee Buys Superior Cake Products From Hostess

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Hostess Brands Inc. has agreed to sell its Superior Cake Products Inc. in-store bakery business to Sara Lee Frozen Bakery for $65 million in cash, subject to post-closing adjustments. This would be the first acquisition for year-old Sara Lee Frozen Bakery. The transaction is expected to close during the third quarter. “This acquisition accelerates Sara Lee Frozen Bakery’s strategic goal… Read more »

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