News

The Holzminden, Germany-based flavour manufacturer Symrise AG has signed an agreement to acquire Giraffe Foods from private investment firm Graham Partners and the founding Powell family. SG SP

Amsterdam-based Dutch chocolate company Tony's Chocolonely has increased its turnover by 24% from € 88.4 m to now € 109.6 m in the 2020/21 financial year (30. September). The company reports this in its current annual report. SG

Chocolate experts at Belcolade have “solved the puzzle” of milk-alike plant-based chocolate. SG SP

Cargill announced they have completed an upgrade of their factory in Tema/Ghana which will allow them to increase capacity by 20 %. SG SP

According to Innova Market Insights, the use of natural colours in food & beverage launches is increasing globally, featuring a +1 % year-over-year growth when comparing 2019 and 2020 launches. SG SP

During the Fi Europe Innovation Award Ceremony, which took place recently on the first day of the world’s leading ingredients trade show Fi Europe, co-located with Hi Europe, in Frankfurt/Germany, six companies received a coveted award recognizing their achievements. SG SP

At its meeting on 1 December, the Supervisory Board of Symrise AG once again extended the contract of Chief Executive Officer Dr Heinz-Jürgen Bertram ahead of schedule. With his confirmation in office until the end of 2025, Symrise is preserving its customary continuity and long-term management approach. SG SP

Der deutsche Süßwarenmarkt wächst gemäß dem aktuellen Süßwarenmonitor von Nielsen auf der Umsatzseite deutlich stärker als auf der Absatzseite. SG

Beneo, a manufacturer of functional ingredients, has announced a multi-million-euro investment to expand the capacity of its chicory root fibre production facilities in Pemuco, Chile and Oreye, Belgium. SG SP

The Ferrero Group has announced a definitive agreement pursuant to which it will acquire the remaining shares of Ice Cream Factory Comaker and relevant group companies (ICFC), a Spain-based ice cream manufacturer. SG

In yet another move to bolster their plant-based portfolio, DSM has signed an agreement to acquire Norwegian company Vestkorn Milling for EUR 65 m. SP

Metsä Board, the leading European producer of premium fresh fibre paperboards and part of Metsä Group, has successfully started to deploy Dassault Systèmes’ 3DExperience platform in development and testing of packaging solutions at its Excellence Centre. SG SP

Barry Callebaut’s Mona Lisa chocolate decoration brand will continue its geographical expansion to Mexico. SG SP

The advisory committee for interpack 2023 has elected Markus Rustler, President and CEO of Theegarten-Pactec GmbH & Co. KG, to be President and thus Chairman of the committee in its constituent meeting. SG SP

General Mills has agreed to sell its European dough businesses to Cérélia, a global supplier of ready-to-bake dough solutions. SP