Category Archives: Companies

Nestlé to accelerate innovation in China with a new R&D center

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Nestlé announced the inauguration of a new Research & Development center (R&D) in Beijing and a System Technology hub in Shenzhen. The new R&D center will enable Nestlé to accelerate trend-based innovation in China to meet fast-changing consumer demand. The systems hub will strengthen collaboration with Chinese partners and suppliers in the area of systems. Nestlé R&D in Beijing focuses… Read more »

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World Confectionery Group launches takeover bid for Spanish chocolate maker Natra

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Natra, the Spanish confectionery business, is the subject of a takeover bid from World Confectionery Group, an investment vehicle controlled by Luxembourg-registered investment group Investindustrial Advisors. A statement on Investindustrial Advisors’ website said it has offered EUR142m (US$161.1m) for the Madrid-headquartered Natra’s shares and convertible bonds. Investindustrial Advisors is a pan-European private-equity house that predominantly invests in medium-sized companies active in… Read more »

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Puratos and Bakkersonline join forces

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Puratos and Bakkersonline join forces to offer artisans access to a platform combining online and in-store shopping Puratos, the international manufacturer of ingredients for the bakery, patisserie and chocolate sectors, combines strengths with Bakkersonline, a promising Belgian start-up. This is a major step in the digital transformation of Puratos which will allow its artisan customers to easily create a personalized… Read more »

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Mondel?z International Launches SnackFutures™ Innovation Hub to Lead the Future of Snacking

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Mondel?z International announced today that it will launch a forward-thinking innovation hub called SnackFutures to capitalize on changing consumer trends and emerging growth opportunities in snacking around the world. SnackFutures will be uniquely structured to bring together internal talent, an ecosystem of external partnerships and dedicated funding across three integrated mandates: Invention of new brands and businesses in key strategic… Read more »

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Ferrero to invest $91.7 mln in Russian confectionery business

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Ferrero is preparing major expansion in its Russian confectionery market operations during next decade, reports Eugene Gerden, exclusively from Russia, for Confectionery Production Global confectionery group Ferrero is aiming to invest up to €80 million in its Russian confectionery business, according to latest reports. As part of its plans, the majority of funds are considered to be focused on the… Read more »

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Guittard Chocolate Company secures major European distribution

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The US-based Guittard Chocolate Company has agreed a major deal with HB Ingredients for distribution of its confectionery range throughout Europe. Founded in San Francisco in 1868 and celebrating their 150-year anniversary, Guittard is the oldest continuously family-owned and operated chocolate making business within America. After launching into the UK last year, it now supplies some of the country’s top… Read more »

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Barry Callebaut finalizes capabilities and capacity expansions in US and Canada factories

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USD 30 million investments in Canada and United States (US) will support Barry Callebaut customers across North America. Expansions include increased footprint and enhanced capabilities for specialty products Barry Callebaut, the world’s leading manufacturer of high-quality chocolate and cocoa products, today announced the completion of several expansion investments in three of its North American facilities located in St. Hyacinthe, Quebec;… Read more »

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Barry Callebaut enters long-term supply agreement with Burton’s Biscuit Company

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The Barry Callebaut Group has signed an agreement with Burton’s Biscuit Company, the UK’s second biggest biscuit manufacturer, for the long-term supply of over 12,000 metric tons of chocolate and compound per year. The transaction is subject to closing conditions and regulatory approval by the competent authorities. Completion of the deal is expected by the end of this year, after finalizing… Read more »

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ADM, Bunge Talks Advancing Quickly

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Archer-Daniels-Midland Co. is in advanced talks to acquire commodity trader Bunge Ltd., accelerating the pace of consolidation in the global grain-trading industry, according to people familiar with the matter. ADM and Bunge, which has a market value of about $11.5 billion, could reach an agreement as early as this week, the people said, asking not to be identified because the… Read more »

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Lesaffre Yeast Corporation Opens New Baking Ingredients Blending Plant

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Saf-Pro® Ingredients to bring complete line of baking ingredient blends  to North American bakers. With participation from customers, suppliers, public officials, and Lesaffre’s CEO Antoine Baule, Lesaffre formally opened its state-of-the-art blending facility in Cedar Rapids, Iowa today with a ribbon-cutting ceremony. The plant will immediately begin producing enzyme blends, concentrates, natural mold inhibitors, and dough improvers under the Saf-Pro®… Read more »

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