News

The Belgian biscuit company group Lotus Bakeries NV, Lembeke, has announced plans to construct a new Biscoff® production facility in Asia, as it looks to further grow the brand in the Asia-Pacific region. SG

Innoform Coaching and Flexible Packaging Europe (FPE) are organizing the first Inno-Meeting Europe in Berlin on 6/7 October 2022. SP

The Hochdorf Group’s net sales rose by a pleasing 3.8 % compared to the first half of 2021 to CHF 145.7 m. SP

Ferrero Group has announced the appointment of Alanna Cotton as President and Chief Business Officer of Ferrero North America. SG

Ghana may be seeing the lowest cocoa crop it has produced in 12 years, as its plantations suffered from severe droughts and damage from illegal gold mining. SP

German retail confectionery sales in the first half of 2022 have fallen short of the level of the previous year. According to the NielsenIQ confectionery monitor from calendar week 26 of 2022, revenues fell by 3.3% down to € 7.304 bn with a decline in sales volume of 4.0% down to 858,600 tonnes (basis: grocery retail + drug stores). SG

In its half-year results, Royal DSM saw organic sales in its Food & Beverages division boosted by 10 %, with net sales of EUR 753 m. SP

Food ingredients supplier Azelis has extended its distribution agreement with KMC, a Danish potato-based ingredients provider. SP

Kerry’s financial results for the first half of the year saw a revenue increase of 13.3 % to EUR 4.1 bn, representing 15.2 % organic growth overall. SP

After the announcement that the event was being postponed from 29.01.-01.02.2023 to 23.-25.04.2023, ISM has recorded a high number of applications. SG SP

Gelita AG has established a centre for biotechnology. At the Biotech Hub in Frankfurt am Main/Germany, biologists and biotechnologists work, among other things, on the development of proteins from biotechnological processes for applications in nutrition, cosmetics, and pharmaceutical and medical products. SP

Chocoladefabriken Lindt & Sprüngli AG, Kilchberg, generated in the first half of 2022 an organic sales increase in comparison to the previous year of 12.3% to CHF 1.99 bn and an increase in operating profit of 33.4% to CHF 185.2 m. SG

The London-based privbate equity funds CapVest Partners (CapVest) is to acquire Natra, a Spanish manufacturer of chocolate products, from Investindustrial. SG SP

In its newly released half-year results for 2022, dairy giant FrieslandCampina’s Food & Beverage business group performance benefitted from the recovery of the European out-of-home markets and high butter market prices. SP

The Barry Callebaut AG, Zürich, has reported continued strong sales volume growth of 7.9% to 1,751,422 tonnes during the first nine months of fiscal year 2021/22 (August 31). SG SP