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Mars is changing how it does business—one year from the launch from its ‘Sustainable in a Generation’ Plan. It comes after Mars CEO Grant F. Reid last year warned that the “global supply chain is broken,” and business needed to make a “huge step change” in order to deliver on the climate targets agreed in…
Barry Callebaut Group, manufacturer of high-quality chocolate and cocoa products, announces BC Next Level – a strategic investment program to unlock the full potential of Barry Callebaut and pave the way for the next decade of sustainable growth by moving Barry Callebaut closer to markets and customers while fostering simplicity and digitization. CEO Peter…
German confectioner Katjes, Berlin has acquired 50 % of Joko Winterscheidt´s Jokolade, Munich. Katjes wants to strengthen their position in the chocolate sector. Tobias Bachmüller, managing shareholder at Katjes said: “We see it as an exciting task and a great pleasure to be able to shake up the largest and growing segment of confectionery, the…
Fairtrade and the German Federal Ministry for Economic Cooperation and Development (BMZ) have launched a new fund, aiming to strengthen the resilience of smallholder farms in Africa, Asia and Latin America, and increase local food security. Projects will be carried out together with a total of 80 Fairtrade-certified producer organizations in 14 countries. All the…
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 Federation of Cocoa Commerce (FCC) announced a webinar on 27th of July 2023. Main topic of the one hour event will be their Intercontinental Commodity Exchange (ICE) Tracability System (ICoT). The event will be held 12 a.m. London time. Speakers are Clive de Ruig, Gary Hooper, Toby Brandon from the ICoT-team. Find the link…
European packaging company Stora Enso is planning a major restructure of their Packaging Material division. The company announced that with other changes in the group structure a loss of 1.150 jobs might be the result. Stora Enso wants to remain competitive and profitable. The company wants to close their production sites in De Hoop/Netherlands, Ostroleka/Poland,…
Following a successful year Tony’s Chocolonely, the Netherlands, has raised an additional €20m of capital from its existing shareholders to accelerate the delivery of its mission. The money will be used to fund their growth in multiple markets and the growth of Tony’s Open Chain (its business-to-business ethical bean sourcing company). More bars and beans…
Lindt & Sprüngli Half-Year Results 2020 Kilchberg, July 21, 2020 – Lindt & Sprüngli had a strong start to the business year. Up to the beginning of March 2020, the company achieved a solid increase in both sales and profit. However, the rapidly introduced global measures in an attempt to contain the pandemic during the…
“We remain focused on the safety and well-being of our colleagues and communities at this time, while continuing to serve our customers in the exceptional circumstances caused by COVID-19. I am proud of how our teams have demonstrated their commitment to our customers and consumers by safely and efficiently maintaining business continuity. I am pleased…