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 ...
U.S.-based The Hershey Co and Italy’s Ferrero Group both submitted final bids on Friday to acquire Nestlé's U.S. confectionery business, Cnbc reported on Monday.
The...
The ordinary Annual General Meeting 2017 of Barry Callebaut AG, the world’s leading manufacturer of chocolate and cocoa products, was held today in Zurich-Oerlikon...
On 7 December, Emma Sundblad, Chargé d’affaires at the Delegation of the European Union to Liberia and Isaac Gyamfi, Regional Director at Solidaridad West...
ZURICH, Switzerland – Even with the support of an increasing amount of sustainability projects, most cocoa farmers in Côte d’Ivoire still live far below...
LUXEMBOURG & OAKBROOK TERRACE, Ill., U.S. – The Ferrero Group (“Ferrero”), a global confectionary group, has announced that a Ferrero affiliated company has completed...
Cargill has recently inaugurated a new solar power facility at its Cocoa & Chocolate site in Tema, Ghana. This energy project contributes to Cargill’s...
Barry Callebaut, the world’s leading manufacturer of high-quality chocolate and cocoa products, today announced that it has successfully closed the acquisition of the ingredients...
Chocolate lovers’ Christmas wishes are about to become true with the launch of KitKat Chocolatory’s world-first collection of decadent, reimagined festive flavours.
The KitKat Chocolatory...