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Official Voice of the European CANDY KETTLE CLUB
The Ferrero Group and its affiliated companies (“Ferrero”), a global confectionary group, today announced a definitive agreement pursuant to which it will acquire the U.S. confectionary business from Nestlé for $2.8 billion in cash. Nestlé’s U.S. confectionary business generated sales of approximately $900 million in 2016. Ferrero will acquire more than 20 American brands with…
The Barry Callebaut Group, the world’s leading manufacturer of high-quality chocolate and cocoa products, celebrates the 10th anniversary of its chocolate factory in China, a USD 20 million investment, inaugurated in January 2008. Barry Callebaut experienced double-digit growth in China over the last three years. Barry Callebaut’s Asia Pacific President Ben De Schryver said: “Over…
Koelnmesse had a record-breaking year in 2017. At over €350 million, the trade fair company’s turnover surpassed that of the previous record year of 2015 by around 10 percent and once again far exceeded expectations. “We achieved our ambitious growth targets as promised and even added a bit on top,” says Koelnmesse CEO Gerald Böse,…
For the first time in its history of almost 175 years, Lindt & Sprüngli achieved sales worth CHF 4 billion Swiss francs. Besides gaining significant shares in almost all markets, Lindt & Sprüngli once again grew faster than the overall chocolate market. Given the challenging conditions, such as largely saturated chocolate markets, a changing retail…