Confectionery giant Mars has unveiled a new chocolate bar called SNICKERS Peanut Brownie, a combination of SNICKERS bars and brownies, which will launch in the US in January 2021. According to Mars, SNICKERS Peanut Brownie will come with two individual squares, which are coated in the SNICKERS chocolate, with a luscious layer of caramel along […]
Barry Callebaut acquisition of GKC Foods : Switzerland-based Barry Callebaut Group has wrapped up its previously announced acquisition of GKC Foods (Australia), a producer of chocolate, coatings and fillings, that caters to various consumer chocolate brands in Australia and New Zealand. Financial terms of the deal, which was announced in May 2020, remained to be […]
Confectionery industry news : Mount Franklin Foods has broken ground on a new 220,000sft candy manufacturing facility in San Jeronimo in the Mexican state of Chihuahua. Headquartered in El Paso, Texas, Mount Franklin Foods is a manufacturer of branded, contract and private label confectionery, nuts, snacks and foodservice products. The new candy manufacturing facility in […]
Mars Wrigley Confectionery has launched a newest addition to TWIX in the form of TWIX Triple Chocolate Cookie Bars, which are claimed to have three times the chocolate taste as the name suggests. TWIX Triple Chocolate Cookie Bars is a one-of-a-kind cookie treat made from chocolate cookie bars, chocolate caramel, and cloaked in milk chocolate, […]
Food acquisition news : Highlander Partners has acquired substantially all the assets of US candy company Queen City Candy (QCC) for an undisclosed price through its subsidiary Bettera Brands. Based in Greendale, Indiana, Queen City Candy manufactures gummy confection products and it marks the continued acquisitions of the Dallas-based private investment firm in the confectionery […]
Confectionery industry news : Nestle has launched two new permanent additions to its Nestle Crunch range in the form of Nestle Crunch Dark and Buncha Crunch Dark in the US. Nestle Crunch Dark Nestle Crunch Dark is a 100% real dark chocolate, which is available in a single bar package, weighing 1.5 oz and prized […]
Confectionery industry news : Nestle has completed its previously announced $2.8 billion sale of its US confectionery business to Italian chocolate manufacturer Ferrero. The Swiss food and beverage giant entered into the deal in January 2018 to sell its US confectionery business in a move to focus on its core products. Through the acquisition, Ferrero […]
Confectionery industry news : Sweden-based confectionery manufacturer Cloetta has revealed its intentions to exit its Candyking business in Poland after finding it to be unprofitable. Candyking is a Swedish company that manufactures and markets pick and mix confectionery products across Sweden, Finland, the United Kingdom, Norway, Estonia, Latvia, Lithuania, Poland, Denmark, and Ireland. Last year, […]
Confectionery industry news : Italian chocolate manufacturer Ferrero has emerged as the buyer of Nestle’s US confectionery business in a $2.8 billion deal. Nestle for some time has been looking to sell its US confectionery business to focus on its core products. Part of the transaction will be more than 20 Nestle US brands that […]
Food acquisition news : Finland-based Raisio has struck a deal to sell its confectionery business for EUR 77 million to Valeo Foods, an Irish producer of branded food and beverage products. The transaction is being done by Raisio to focus on its well-being brands. As part of it, Valeo Foods will be acquiring six confectionery […]