Sugar & Confectionery
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Barry Callebaut nurtures global footprint with Canadian specialty chocolate factory
CANADA—The Barry Callebaut Group plans to build a new specialty chocolate factory in Ontario, Canada, as it continuously nurtures its global footprint, locating production close…
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Barry Callebaut chocolate plant ceases operations following Salmonella outbreak
BELGIUM— Barry Callebaut, the world’s leading manufacturer of high-quality chocolate and cocoa products, has announced it has suspended production at its plant in Wieze, Belgium—the…
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Tongaat yet to fill debt hole as it cancels deal with Magister, rejects offer for Mozambican assets
SOUTH AFRICA – Embattled sugar producer Tongaat Hulett has called off its recapitalization deal with Mauritius-based Magister Investments. In 2021, Magister committed to underwriting R2…
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USA based Lusitania Investment Capital eyes Tongaat Hulett’s operations in Mozambique
MOZAMBIQUE – The American company, Lusitania Investment capital LLC, has showcased interest of acquiring assets of Indebted sugar producer Tongaat Hulett in Mozambique. According to…
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Mondelēz snaps up Clif Bar & Company to expand its global snack bar business
US – American multinational snack and food company Mondelēz, has announced that it is on track to acquire energy bar and drinks maker, Clif Bar…