News

Nestlé UK and Ireland has unveiled Milkybar Wowsomes, which it claims is the first chocolate bar in the world to use Nestlé’s innovative sugar reduction technique. SP

In 2017, the Hochdorf Group increased its net sales revenue by 10.9 % to CHF 600.5 m. SP

From the beginning of April, several changes came into effect in the Hochdorf Group’s senior management team. SP

Cargill has officially started producing EverSweet, a zero-calorie, next-generation sweetener made with what the company claims are two of the best tasting sweet compounds found in the stevia leaf, Reb M and Reb D. SP

In response to growing consumer demand for label-friendly ingredients, Cargill is introducing a new range of de-oiled lecithin products to complete its portfolio of GMO and non-GMO lecithin products. SP

German retailers started 2018 with slightly higher confectionery sales up 0.8% to € 2.232 bn. In contrast, the Nielsen monitor reported that sales volume through calendar week 9 sank by 0.9% to 281,591 tonnes (basis: food retailers + drug stores + impulse channels+ gas station shops + department stores). SG

According to current market surveys, a healthy lifestyle is important to all age groups. SP

Givaudan announced that Chris Thoen, Head of Global Science & Technology, decided for private reasons to retire at the end of August 2018. SP

As part of its 2020 strategy to strengthen its capabilities in natural flavour solutions for its customers, Givaudan announced that it has entered into an agreement to acquire 40.6 % of the shares of Naturex, a French public listed company, for EUR 135 per share and a total consideration of EUR 522 m. SP

Südzucker AG announces preliminary figures. In financial year 2017/18 (1 March 2017 to 28 February 2018) group revenues reached about € 7.0 (previous year: 6.5) bn. Group operating result increased in the same period to about € 440 (previous year: 426) m. The increase is caused as expected especially by segment sugar. SG

The leading international supplier trade fair of the food and beverage industry is continuing to write its success story. After already registering a growth in exhibition space and a two-digit increase in the number of exhibitors (+ 13%) in the run-up to the event, Anuga FoodTec 2018 was also able to achieve a significant rise in the number of visitors. SG SP

Strong demand from overseas aluminium foil markets in the final quarter of 2017 saw aluminium foil deliveries from European foil rollers reach a new record tonnage for the full year, according to figures released by the European Aluminium Foil Association (EAFA). SP

Frutarom has acquired a 70 % stake in Argentinian flavours and fragrances firm Meroar for USD 11.2 m, as part of a strategy to grow its presence in Latin America. SP

The chocolate industry has realized that sustainability makes both ethical and business sense, and is investing heavily in new approaches to improve in this area, according to GlobalData, a leading data and analytics company. SG SP

Nestlé UK & Ireland says it has cut 2.6 billion teaspoons of sugar and more than 60 billion calories in just three years. SG SP