Ferrero’s latest investment package strengthens its French manufacturing network and supports the launch of Nutella Cookies production in Europe.
The deal grants exclusive brand licensing rights in Mainland China as General Mills continues restructuring its global Häagen-Dazs retail operations.
The chocolate maker plans annual capital investments of up to CHF 350 million while prioritizing North America and strengthening its customer-focused growth strategy.
Tiger Brands is divesting the Beacon brand and chocolate manufacturing assets as part of a broader strategy to simplify operations and focus on higher-margin growth segments.
Mars is investing £190 million in its historic Slough factory to expand AI-powered manufacturing, improve sustainability and strengthen the UK’s role in global confectionery production.