Hershey Acquires Sour Candy Brand Sour Strips
In a strategic move to bolster its portfolio of sour candies, US snacks leader Hershey has acquired the popular local candy brand Sour Strips for...
Tag : confectionery
Senoptica Technologies Tackles Food Waste Through Innovative Smart Packaging
Food waste poses a significant challenge across all phases of the supply chain, impacting farms, factories, supermarkets, and households. According to the United Nations (UN),...
Nurture Brands Sells Off Another Asset: Doisy & Dam Acquired
Nurture Brands, a notable player in the UK food and beverage industry, has strategically divested another asset by selling its vegan confectionery line, Doisy &...
Start-up Fabas Foods is Revolutionizing Alt Dairy with Nutritious and Sustainable Solutions
“Current dairy alternatives have a problem,” states Anik Thaler, co-founder and CEO of the plant-based brand Fabas Foods. Since its rise to prominence in the...
EU Council Supports Postponement of Deforestation Regulation
The European Council has approved a recommendation to postpone the implementation of the EU Deforestation Regulation (EUDR) for an additional year. Initially unveiled in late...
Nestlé Lowers Profit Forecast for Q3 2024 Due to Challenging Market Conditions
The Swiss multinational’s third-quarter report today presented an unsatisfactory overview, highlighting lower-than-anticipated sales primarily driven by declining consumer demand. For the first nine months of...
Voyage Foods Launches New Facility to Boost Cocoa-Free Chocolate Production
US-based food technology company Voyage Foods is expanding its operations by opening a new facility in Mason, Ohio, aimed at producing cocoa-free chocolates, nut-free spreads,...
Cocoa-Free Chocolate Company Nukoko Secures Investment from Döhler
Nukoko, a promising UK start-up specializing in cocoa-free chocolate crafted from fava beans, has recently secured investment from Döhler, a prominent German ingredients company. This...
Belgium’s Verbau Dessert Factory Set to Merge
Belgian dessert manufacturers Dessert Factory and Verbau have merged to create a new entity called Mellow. Established in 2007 in Villers-le-Bouillet, Liège, Dessert Factory specializes...
Aimia Foods Reacquired by Founding Family, the Unsworths
Aimia Foods has been reacquired by the Unsworth family, who originally sold the UK-based company in 2014 to Canada’s Cott Corp. This strategic move marks...