Candy Industry

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Last week, Business Insider posted a story titled “Chocolate is on track to go extinct in 40 years.” Yikes. That’s enough to inspire fear in the hearts of chocolate lovers everywhere — and compel them to click on the link.

It’s impossible to discuss the evolution of French chocolate in the 20^th century without mentioning Guy Urbain, the man who for more than seven decades dedicated his life to advancing not only French chocolate, but sweet gastronomy globally.

Colian Group's ongoing investments and targeted acquisitions had caught the eye of the European Candy Kettle Club — our Candy Industry Kettle Committee equivalent across the pond — who, in turn, nominated Jan Kolański, president of the Colian Group, for the coveted ECKC award in 2017.

Helsinki-based Raisio sold its confectionery business, which includes popular brands such as Poppets, Fox’s, XXX, Payne's Just Brazils and Pedro, as well as private-label and contract-manufactured products, for €100 million ($120 million) to Valeo Foods Ltd. on Dec. 29, 2017. The deal also includes six production plants in the U.K. and Czech Republic. 

Upon revelation of a significant sales forecast revision — a drop from 55 percent to 17 percent for the 2018 financial year — Perth, Australia-based Yowie Group saw its stocks plunge 33 percent on the Australian Stock Exchange, a report from ABC Online revealed. 

Since 1935, Van Otis Chocolates has been handcrafting premium chocolates and other fine candy.