Verlinvest, JamJar take minority stake in Dutch chocolate company.
February 25, 2020
In addition to growing the brand internationally, the investment of Verlinvest and JamJar will also be used to develop Tony’s Chocolonely Chocolate Circus in Zaandam, The Netherlands.
Blockchain is a buzzword often tied to cryptocurrencies, but bean-to-bar chocolate companies focused on improving transparency within the cocoa supply chain have other ideas.
Dutch confectionery company Tony’s Chocolonely, retailer Albert Heijn and chocolate manufacturer Barry Callebaut have partnered to work toward ending child labor and modern slavery in the chocolate industry.
The Barry Callebaut Group, the world’s leading manufacturer of high-quality chocolate and cocoa products, and Tony’s Chocolonely, the Amsterdam-based chocolate company committed to bringing an end to slavery in the chocolate industry, announced their strategic partnership agreement to produce chocolate from fully traceable sustainable cocoa.