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 »
Natra and the Basque Culinary Center are going to work together to design and develop a new range of chocolates filled with olive oil, cheese and wine.
Listed Spanish multinational Natra, a reference in the manufacture of chocolate products and cocoa derivatives, with a specialised focus on the retail industry and other food companies, will set up production in the coming months in Ontario (Canada), to directly address its customers demand in North America.
Spanish listed multinational Natra, a reference in the manufacture of chocolate products and cocoa derivates, with a specialized approach to retailers and other food companies, published today on its website its commitment for 2020 on corporate social responsibility (CSR).
Among the countries of the Asia-Pacific area, China is the first target market due to its significant growth opportunities. Chocolate consumption is now awakening in this market, especially due to the development of large foreign retail chains in the country and the increasing purchasing power of the population. It is estimated that in 2016 the middle class population in China will reach 340 million people, in a market with an annual chocolate consumption of 100 grams per person, compared to 8 kilos per person in Western Europe.