Tag Archives: expansion plans

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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Nestlé Buys Majority Stake in Latin American Company Terrafertil

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Nestlé announced that it has acquired a majority stake in Terrafertil, a company selling natural, organic, plant-based foods and healthy snacks. The move widens Nestlé’s presence in a fast-growing category in Latin America, the United States and the United Kingdom. Nestle did not say how much it was paying and how big a stake it was taking in the company…. Read more »

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Barry Callebaut continues to expand in North America

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Barry Callebaut completes investments in two manufacturing facilities and introduces new warehouse The Barry Callebaut Group, the world’s leading manufacturer of high-quality chocolate and cocoa products, today announced it has completed two expansion projects in the US. Factories located in American Canyon, California and Chicago, Illinois recently received significant investment totaling nearly $25 million, which is within the annual CAPEX… Read more »

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Lesaffre Expands on the Baking Ingredients Market in Western Europe

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Lesaffre has recently announced two new acquisitions: LFI Tollblend Ltd in the UK and Tecno Bakery in Spain. Based in Worcester, UK, LFI Tollblend Ltd produces ingredient mixes for the baking and processed foods sectors. This facility has a dedicated gluten-free production capability, with a staff of 35 people working in production. “Lesaffre is already present in the UK through DCL Yeast and Fermex… Read more »

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Lantmännen: completes Vaasan acquisition

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Lantmännen’s acquisition of the Finnish bakery company Vaasan Oy has been completed. Lantmännen’s and Vaasan’s operations complement each other well and the acquisition increases Lantmännen’s market position within the grain and food chain in the Baltic Sea region. Together with Vaasan, Lantmännen can create an even more competitive company with strong growth opportunities in Northern Europe and other parts of the world. Lantmännen announced the agreement to acquire Finland’s Vaasan Group in January.

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