The confectionery maker will retain its existing Neuss facility and focus on modernising its German manufacturing network after shelving plans for a new plant.
The Egyptian food manufacturer is targeting South Africa, Romania, Cuba and several other markets as it broadens its international footprint.
Ferrero’s latest investment will strengthen manufacturing capacity in Mexico while supporting export growth across North America and Central America.
Hershey’s profits soar in Q2 on higher prices and strong Reese’s demand, prompting raised fiscal 2026 earnings guidance despite cautious consumer spending.
Beyers Chocolate collapses after a dispute with Woolworths, ending a decades-long partnership and highlighting growing pressures in South Africa’s confectionery industry.