M&As
Lovechock eyes expansion after company takeover
Lovechock, the Dutch raw cacao company, has been acquired by Belgian family-owned company Pauwels Engineering NV, the two parties have announced in a statement.
Archives for December 1, 2022
Financial results
Hotel Chocolate reports £9.4m loss, but expects last-minute Christmas bounce
Hotel Chocolat, the UK luxury high-street brand, has reported a £9.4m pre-tax loss for the year to June, and announced it is scaling back on Christmas discounts in the lead-up to this year’s holiday season.
Commodities
Cocoa farmers in Cote d’Ivoire expected to deliver main crop, despite dry weather
Cote d’Ivoire’s cocoa farmers have confirmed that soil moisture on their lands should be sufficient to support the main crop over the next two months, despite the world’s top cocoa producer entering its dry season that lasts until March.