ANGOLA – Angola’s confectionery sector gains new investment following establishment of a new processing facility, Candy Factory Angola, at the…
Read MoreCandy Factory Angola invests US$34.9m in new confectionery processing facility
Category: Sugar & Confectionery
Lotus Bakeries to construct new Biscoff facility in Thailand
THAILAND— Lotus Bakeries plans to construct a new Biscoff production facility in Thailand, as it looks to further grow the brand…
Read MoreUganda based Modern Group of Companies invests US$30m in new sugar refinery factory
UGANDA – Modern Group of Companies, a diversified organization in Uganda, has broken ground for the construction of Kidera Sugar…
Read MoreChewing gum gains pop in South Africa following launch of first locally manufactured brand
SOUTH AFRICA – South Africa has welcomed its first locally manufacturer chewing gum dubbed Mintex, following local sweets manufacturer Richester…
Read MoreEntrepreneurial Equity Partners acquires Roskam Baking company
USA— Entrepreneurial Equity Partners (e2p), a Chicago-based private equity firm focused on the food and consumer packaged foods industries has…
Read MoreKatjes acquires Italian seasonal confectionery company Paluani
ITALY— Katjes Group, a German confectionery business, has bought Italian seasonal confectionery company Paluani thus strengthening its own position as…
Read MoreDangote Sugar sweetens 2022 outlook with positive performance in first half year
NIGERIA – One of Nigeria’s leading sugar processors, Dangote Sugar Refinery has recorded a revenue growth in the six months…
Read MoreFerrero North America appoints Alanna Cotton President
USA — Alanna Cotton has been named president and chief business officer of Ferrero North America, effective September 1, succeeding…
Read MorePrivate-equity firm CapVest acquires chocolate-maker Natra
SPAIN— London-based private equity fund, CapVest Partners (CapVest) is set to acquire Natra— a European producer and distributor of chocolates…
Read MoreMorato acquires majority stake in healthy baked goods company NT Food
ITALY— Leading Italian bakery firm Gruppo Morato furthers growth strategy with the acquisition of a majority stake in NT Food,…
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