Unlike that classic and ever-reoccurring novelty song “Yes! We have no bananas,” the American Association of Candy Technologists (AACT)’s seventh annual Iron Confectioner competition did. And then some.
“This acquisition ideally complements our range of production capabilities with the internationally growing sugar confectionery segment of ‘dragees,’ sugar-coated products,” says Tobias Bachmüller, managing shareholder of Katjes International.
In an effort to get a leg up in China’s candy and snack market, The Hershey Co. is purchasing Shanghai Golden Monkey Food Joint Stock Co., a confectionery company based in Shanghai.