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Home » Topics » Candy Industry Trends » Candy Industry News

Candy Industry News
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Chocolate Academy South Africa

Barry Callebaut opens Chocolate Academy in South Africa

Johannesburg location is Callebaut’s 21st center, first in Africa.
Alyse Thompson
Alyse Thompson-Richards
May 10, 2018

The Barry Callebaut Group has opened a Chocolate Academy in Johannesburg, South Africa, the group’s 21st academy and its first on the African continent.


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Janousek logo

Synergy Flavors acquires Italian flavor supplier Janoušek

Acquisition allows Synergy to move into Italian, Eastern European markets.
Alyse Thompson
Alyse Thompson-Richards
May 10, 2018

Wauconda, Ill.-based Synergy Flavors, Inc. has acquired Janoušek, one of the world’s first suppliers of herbal extracts and natural flavoring and an expert in Italian flavor profiles.


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Tate's Bake Shop logo

Mondelēz to buy premium cookie maker Tate’s Bake Shop for $500 million

Premium cookie and baked goods manufacturer to continue to operate as standalone business.
Alyse Thompson
Alyse Thompson-Richards
May 9, 2018

Mondelēz International will acquire Long Island, N.Y.-based Tate’s Bake Shop for $500 million. Known for its signature thin-and-crispy cookies made with simple, high-quality ingredients, Tate’s is a fast-growing premium cookie and baked goods brand.


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IFF logo

International Flavors & Fragrances to acquire Frutarom for $7.1 billion

Frutarom expected to pull in $1.8 billion in 2018.
Alyse Thompson
Alyse Thompson-Richards
May 9, 2018

International Flavors & Fragrances Inc. will acquire Israel-based flavor firm Frutarom for $7.1 billion. The cash and stock transaction — unanimously approved by both companies’ boards of directors — also includes Frutarom’s net debt.

 

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Necco wafers_web

NECCO set for bankruptcy auction

Massachusetts bankruptcy judge sets auction for May 23 despite purchase negotiations with Boston investment firm.
Alyse Thompson
Alyse Thompson-Richards
May 8, 2018

The New England Confectionery Co. — NECCO — is headed to auction after a failed attempt by a Boston investment firm to buy the embattled confectionery company.


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Open cocoa pods

Mars aims to triple cocoa yield through development of disease-resistant cocoa

Company, cocoa farmers to tap genetic knowledge to improve crops, reduce pesticide use.
Alyse Thompson
Alyse Thompson-Richards
May 7, 2018

Mars, Inc. plans to triple its global cocoa yield through developing more disease-resistant clones and continuing to improve farmer practices based on genetic knowledge of cocoa.


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Guittard Eureka Works_web

Guittard to celebrate 150th anniversary with events, limited-edition chocolate blend

Eureka Works 62% blend sourced from Brazil, Ecuador, Indonesia, Hawaii.
May 3, 2018
Guittard Chocolate Co. has cause for celebration. The family-owned company will celebrate its 150th anniversary this year with pop-up events, collaborations and the unveiling of a limited-edition chocolate blend for chefs.

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Prince Harry Meghan Markle PEZ

PEZ to auction Prince Harry, Meghan Markle dispensers for charity

Bidding on eBay open from May 7 to May 13.
Alyse Thompson
Alyse Thompson-Richards
May 2, 2018

Austria-based PEZ is auctioning a set specialty dispensers for the union of Prince Harry and Meghan Markle with the goal of raising funds for the Make-A-Wish Foundation.


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FDA vape liquid

Federal agencies target e-cigarette liquid manufacturers using branding similar to kid-friendly products

FDA, FTC issue warning letters to 13 companies under Youth Tobacco Prevention Plan.
Alyse Thompson
Alyse Thompson-Richards
May 2, 2018

The U.S. Food and Drug Administration and the Federal Trade Commission have set their sights on manufacturers, distributors and retailers selling e-cigarette liquid branded to resemble kid-friendly food products such as juice boxes, candy and cookies.


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Long Grove new store 1

Long Grove Confectionery Co. celebrates opening of 5,000-sq.-ft. retail complex

Candy company moves to new facility after decades in rented space.
Alyse Thompson
Alyse Thompson-Richards
May 2, 2018
Long Grove Confectionery has moved to a property on Old McHenry Road that allows the company to cement its connection to the village of Long Grove and set a strong foundation for the future.

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