“There is tremendous potential at the company but it had become dusty” – Guylian CEO Tom Snick on chocolate maker’s revamp
Keeping a 60-year-old brand relevant to consumers while retaining its heritage and sense of identity is no easy task –…
Confectionery
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Ireland’s Valeo Foods acquired by US PE firm Bain Capital
Kettle Crisps and Jacobs biscuits owner Valeo Foods Group has been acquired by US private-equity firm Bain Capital for an…
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Zentis invests in German start-up Doerrwerk via venture-capital arm
Zentis, a family-owned food business in Germany, has invested in the snacks and soups start-up Dörrwerk via its venture-capital arm.…
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Turkey’s Kervan Gida takes majority stake in confectionery peer ZPC Otmuchow
Turkish confectionery company Kervan Gida, which completed a US$60m IPO in December, has used some of the proceeds to acquire…
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E171 titanium dioxide unsafe as food additive, EU watchdog warns
The additive titanium dioxide, or E171, is no longer safe to use in food, the EU's food watchdog has warned. After a…
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WHO issues new global benchmarks for salt in food
The World Health Organization (WHO) has set its sights on reducing salt in food products around the globe through new…
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Orkla takes full control of Iceland confectioner Noi-Sirius
Orkla has instigated yet another deal with the full takeover of Iceland's largest confectionery producer Nói-Siríus HF, adding to the…
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Tesco rolls out finance scheme for green suppliers
Tesco is rolling out an initiative that will see its supply base offered sustainability-linked supply chain finance, in a move…
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The challenges facing Big Food on net-zero
The commitments being made by members of Big Food on net-zero has led to some optimism action will be taken to…
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US, UK, EU – comparing the new 2030 climate targets
The UK has announced an emissions reduction target that would see a faster decline than the EU and US, but…
