Tony’s Chocolonely reports €28m increase in chocolate revenue
Tony’s Chocolonely published its annual FAIR report for 2022-23, which reveals a record €28m rise in chocolate revenue.
Mars to acquire Hotel Chocolat for £534m
Global confectionary and pet food manufacturer Mars is set to acquire UK chocolate manufacturer Hotel Chocolat for the sum of £534 million.
Nestlé discontinues caramel-flavoured Caramac bar
Global food processor Nestlé has announced that it is discontinuing its caramel-flavoured Caramac bar.
Global sugar prices will continue to increase, latest research finds
According to research firm The Smart Cube, sugar prices have risen by 41.9% from June 2022 to June 2023, and it appears they will continue to rise.
New MD for Nestlé Confectionery in the UK & Ireland
Nestlé has appointed Mark Davies as managing director for Nestlé Confectionery in the UK & Ireland.
Kerry to sell its Sweet Ingredients portfolio to IRCA
Kerry Group plc is looking to sell its Sweet Ingredients Portfolio to IRCA for a consideration of €500 million.
