Archives for January 5, 2018

M&A

Colian Holding acquires Irish chocolate brand Lily O’Brien’s

Polish confectionery giant Colian Holding has bought Irish chocolate company Lily O’Brien’s for €40m ($48.27m) from Cardinal Ireland Fund.

Bermuda launches sugar tax consultation

Bermuda has launched a public consultation for its proposed sugar tax, which would cover sugar-sweetened beverages, candies and plain sugar.

India’s largest biscuits brand makes foray into chocolate to compete with Nestlé’s KitKat

Biscuits maker Britannia has entered India’s $2bn chocolate category with its first ‘bridge products,’ hoping to compete with Nestlé’s KitKat.