Wednesday, January 17, 2018
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Nestlé agrees to sell U.S. confectionery business to Italian Ferrero

VEVEY, Switzerland – Nestlé yesterday announced that it agreed to sell its U.S. confectionery business to Ferrero. The transaction is expected to close around the end of the first quarter of 2018 following the completion of customary approvals and closing conditions. Nestlé CEO Mark Schneider commented: "With Ferrero we have found an exceptional home for our U.S. confectionery business ...

Ferrero and Hershey are the front-runners for Nestlé’s U.S. candy business

U.S.-based The Hershey Co and Italy’s Ferrero Group both submitted final bids on Friday to acquire Nestlé's U.S. confectio...

Barry Callebaut: Patrick De Maeseneire reelected as Chairman at AGM

The ordinary Annual General Meeting 2017 of Barry Callebaut AG, the world’s leading manufacturer of chocolate and cocoa pr...

Hershey’s Chocolate World Attraction unwraps new sensory experience

HERSHEY, Pa., U.S. – The Hershey Company has announced the grand opening of New York City’s sweetest landmark – the new, e...

Bahrain Chocolate and Coffee Fair in Manama attracts 30,000 visitors

MANAMA, Bahrain – The number of visitors to the second edition of the Bahrain Chocolate and Coffee Fair held 7 – 9 Decembe...

EU and Solidaridad sign Agreement to develop the cocoa sector in Liberia

On 7 December, Emma Sundblad, Chargé d’affaires at the Delegation of the European Union to Liberia and Isaac Gyamfi, Regio...

Cocoa Farmers in Côte d’Ivoire continue to live in poverty, study shows

ZURICH, Switzerland – Even with the support of an increasing amount of sustainability projects, most cocoa farmers in Côte...

Ferrero completes acquisition of Ferrara Candy Company from L Catterton

LUXEMBOURG & OAKBROOK TERRACE, Ill., U.S. – The Ferrero Group (“Ferrero”), a global confectionary group, has announced...

Cargill inaugurates solar power facility at Cocoa & Chocolate site in Ghana

Cargill has recently inaugurated a new solar power facility at its Cocoa & Chocolate site in Tema, Ghana. This energy ...

Barry Callebaut acquires Ingredients Division of Gertrude Hawks

Barry Callebaut, the world’s leading manufacturer of high-quality chocolate and cocoa products, today announced that it ha...