Cargill to acquire ADM’s chocolate business for $440m
Cargill has agreed a deal to acquire ADM’s global chocolate business for $440m.
Archives for September 1, 2014
Chocolatiers offered ‘some release’ as ICCO extends cocoa surplus
The International Cocoa Organization (ICCO) has revised its estimate for the 2013/14 cocoa season and now expects a slightly larger supply surplus.
Mondelēz picks Poland over Botswana for African gum
Mondelēz International will close its chewing gum plant in Botswana and move production to Poland as African consumers ditch pellet gum for slab gum.
Kellogg’s interest in Egyptian snack maker BiscoMisr ‘makes sense’
Kellogg has bid for a 51% stake in Egyptian biscuit and breakfast cereal firm BiscoMisr, according to a filing in Egypt’s stock exchange – a move which would makes sense, according to an analyst.