Barry Callebaut, which makes chocolate for the likes of Nestle and Mondelez, said on Wednesday consumers in the Americas in particular were flocking to premium chocolates.
Barry Callebaut, the world's biggest maker of chocolate and cocoa products, confirmed its mid-term targets on Wednesday, even as it posted first-quarter sales volume growth that fell short of expectations.
Swiss chocolate maker Lindt & Spruengli expects double-digit sales growth in North America this year as its focus on premium products pays off and new ranges such as the youth-targeted HELLO range win over consumers.
After a drawn out and much publicised legal battle, German chocolate Ritter Sport have emerged victorious in their case taken against consumer organization Stiftung Warentest.
Swiss food and beverage company Nestle believes it has to continue to be a mass market player in India, while focusing on tapping into the opportunity offered by the growing affluence of the urban consumer and the trend towards premium products.
An affiliate of Peak Rock Capital, an Austin-based private equity firm, has acquired Onsted, Mich.-based Natural American Foods, Inc., a leading honey producer.
Packaged food company Mondelez International Inc has agreed to sell a controlling interest in its SnackWell's cookie and cracker business to private equity firm Brynwood Partners, the Wall Street Journal reported.
Turkey's Yildiz Holding AS has agreed to buy privately owned DeMet's Candy Co, the U.S. maker of Flipz chocolate pretzels and Turtles covered nut clusters, for $221 million, the Wall Street Journal reported.
Barry Callebaut, the world’s leading manufacturer of high-quality chocolate and cocoa products, will be present at the upcoming ISM trade exhibition in Cologne, Germany from January 26 to January 29, 2014 (Hall 10.2 – Booth C010-D019).
