Reformulation
Cadbury Dairy Milk now available with 30% less sugar
iconic chocolate bar is now available in lower sugar variant after three years of research in company’s UK R&D centers.
Archives for July 24, 2019
Paccor acquires majority stake in EDV Packaging Solutions
Paccor has acquired a majority stake in EDV Packaging Solutions, which specializes in food protection packaging against oxygen migration for a longer shelf life.
Oh, honey! Tony’s Chocolonely debuts two new flavors, including first nougat and permanent white chocolate
The chocolate maker dedicated to building a slave-free supply chain dips into texture with Milk Chocolate Honey Almond and White Raspberry Popping Candy.
Financial
Outlook looks brighter for Lindt after posting strong first half year results
Summary: Lindt & Sprüngli Group anticipates continued organic growth of 5-7% for the full financial year. It also expects the operating profit margin (EBIT) to improve by 20-40 basis points in the full year, in line with the mid- to long-term target range.
Uncle Joe’s Mint Balls wins first major US deal
Uncle Joe’s Mint Balls has secured its first major order for the US to supply $64,000 of sweets to Cost Plus World Market, which has 257 speciality/import retail outlets across America.
Expansion
Barry Callebaut cements Asia Pacific investment with new India factory
Expected to open in mid-2020, the supplier broke ground this week on the Baramati facility, which will produce 30k tons of chocolate and compound annually.