A brand of ERLING
Official Voice of the European CANDY KETTLE CLUB
Food & beverage professionals are invited to step inside a microcosm of the ingredients world at this year’s Fi Europe. With 135 countries represented, over 25,000 visitors and 1,200 exhibitors are expected to come together under one roof, resulting in a rich, immersive opportunity to experience the energy of invention and profitable connection. Live and…
Mars, Incorporated, a family-owned, global manufacturer in confectionery, food, and pet care products and services, announced that they has signed an agreement to acquire Kevin’s Natural Foods, a high-growth, nutritious meal company, to join their brands in the Mars Food & Nutrition segment. Kevin’s makes chef-inspired sous-vide meals, sides, and sauces. Using whole foods and…
The Serious Sweets Company (SSC), Harrogate/UK confectionery manufacturer has acquired Nom Bites Ltd. With their Lexi´s range . Founded in 2020 by Alexei Khatiwada, Lexi’s is an award winning supplier of mallow crispy rice treats and protein bars. SSC produces own-label treats for UK retailers. In 2022, SSC acquired Mighty Fine, the honeycomb brand, and…
The food and beverage ingredient industry’s most celebrated startup awards return to Fi Europe in 2023 Entries are now live for the 2023 Fi Europe Startup Innovation Challenge, giving innovators a rare opportunity to take their concepts to the next level. Now in its eighth edition, the awards programme champions innovation in food and beverage…
Informa Markets announced the return of their complete Fi Global event calendar. In 2023, the full complement of Fi events around the world – from flagship event Fi Europe to regional editions in Asia, Africa and the Americas – will be back in full force. This truly global portfolio will give food & beverage professionals…
Global packaging solutions provider Constantia Flexibles has delivered good results in the first half of 2023. The company’s strong performance over the last years has garnered significant interest. On July 25, 2023, Wendel, one of Europe’s leading listed investment firms, received several binding offers to acquire Constantia Flexibles. Constantia Flexibles will no longer be included…
Nestlé published their first half year report with an organic growth of 8.7%. The total reported sales rose by 1,6% to CHF 46.3 billion. The underlying trading operating profit (UTOP) margin was 17.1%, up 20 basis points on a reported basis and 30 basis points in constant currency. The trading operating profit (TOP) margin increased…
The first half of 2023 was successful for the Lindt & Sprüngli Group. Compared to the previous year, sales grew organically by +10.1% to CHF 2.09 billion (excluding Russia). Operating profit (EBIT) increased to CHF 255.0 million, while the EBIT margin rose to 12.2%. Net income amounted to CHF 204.5 million. The outlook for the…
US-American confectionery company Ferrara, a part of the Italian Ferrero company acquired Brazilian confectioner Dori Alimentos. The acquisition is made through CTH, a holding company of Ferrara. Dori Alimentos is a family-business and part of ACON Investments. The transaction supposed to be closed in the fourth quarter of 2023.
The Syntegon Group published their first sustainability report. The manufacturer of processing and packaging technology is thus creating more transparency and affording stakeholders greater insight into their sustainability management practices. Syntegon prepared the report for fiscal year 2022 with reference to the recognized sustainability reporting standard of the Global Reporting Initiative (GRI). This document imparts…