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Harrods reveals its Chocolate Hall, the final transformation of the Food Hall

Harrods reveals its Chocolate Hall, the final transformation of the Food Hall

Harrods has recently revealed its Chocolate Hall, which concludes the four-year transformation of the renowned London department store. In a statement on their website it stated: Now open, the Chocolate Hall is the final piece of the puzzle, concluding a four-year transformation of The Food Halls. Opening soon: Witness the magic of each in-house creation …

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Cargill acquires Leman Decoration Group

Cargill acquires Leman Decoration Group

It has been announced that Cargill has acquired Leman Decoration Group, a supplier of cake decorations across the bakery sector, including the artisanal, small industrial and home-baking segments, and foodservice. The acquisition significantly broadens Cargill’s offerings in the decorations space, enabling the company’s cocoa and chocolate business to better serve gourmet customers in Europe and …

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Foresight makes £4 million investment into MRMK to boost growth plans

Foresight makes £4 million investment into MRMK to boost growth plans

Foresight Group LLP (“Foresight”), a leading independent infrastructure and private equity investment manager, has invested £4.0 million into MRMK, providing equity release and growth capital to the business. The investment and Foresight’s involvement will support founder and Managing Director Michael Bailey in the continuing growth of the business, leveraging the reputation that MRMK has built …

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Nestlé to acquire core brands of The Bountiful Company

Nestlé to acquire core brands of The Bountiful Company

Nestlé and KKR today have entered into an agreement in which Nestlé will acquire core brands of The Bountiful Company for USD 5.75 billion. The Bountiful Company is the number one pure-play leader in the highly attractive and growing global nutrition and supplement category. The transaction includes the high-growth brands Nature’s Bounty, Solgar, Osteo Bi-Flex …

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Barry Callebaut announces new CEO to succeed Antoine de Saint-Affrique

Barry Callebaut announces new CEO to succeed Antoine de Saint-Affrique

The Board of Directors has appointed Peter Boone as new Chief Executive Officer (CEO) of the Barry Callebaut Group, effective September 1, 2021. Peter Boone succeeds Antoine de Saint-Affrique, who, after successfully serving as CEO since October 1, 2015, will be stepping down at the end of the Group’s fiscal year. Antoine de Saint-Affrique will …

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Nestlé Confectionery to close Fawdon site with 573 jobs at risk

Nestlé Confectionery to close Fawdon site with 573 jobs at risk

Nestlé Confectionery has announced it will be proposing changes to adapt their confectionery manufacturing for the future with a £29.4 million investment at their factories in York and Halifax and the proposed closure of its Fawdon site towards the end of 2023. Regrettably, these proposals put 573 roles at risk, subject to consultation. Nestlé Confectionery …

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Mondelēz International reports Q1 2021 results

Mondelēz International reports Q1 2021 results

Mondelēz International, Inc. (Nasdaq: MDLZ) has reported its first quarter 2021 results. “Our first quarter results demonstrate that we are emerging from the COVID-19 pandemic stronger, as we continue to build upon our track record of robust growth, profitability and cash generation,” said Dirk Van de Put, Chairman and Chief Executive Officer of Mondelēz. “We …

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