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Symrise AG, Holzminden/Germany exceeded its targets for the fiscal year 2016. The Company benefited from strong demand across all segments and regions, increasing its sales by 12 % (local currency: 16 %) to € 2,903.2 million (2015: € 2,601.7 million). Normalized earnings before interest, taxes, depreciation and amortization (EBITDAN) grew by 9 % to € 625.2 million (2015: €…
A tropical storm hit Madagascar last week. It was one of the most powerful storms in the last 13 years. Barry Callebaut provides immediate assistance to support local farmers on the ground. From Tuesday to Friday last week, powerful tropical cyclone Enawo hit Madagascar and crossed the island from North to South, with strong winds,…
Italian confectionery giant Ferrero acquires US-premium-chocolatier Fannie May. The US-company runs 80 stores and their brands Fannie May and Harry London can also be bought in classic retail. Fannie May runs a production in Ohio and employs 750 people. The acquisition is expected to be closed by the end of May.