South Korea’s largest snack manufacturer, Seoul-based Lotte Confectionery, has established a new foothold in its efforts to expand globally, signing off on an agreement to acquire Sint-Niklaas, Belgium-based Guylian for
A joint press release by Lotte and Guylian states that the existing management team, which also applies to operations in the United States, will remain intact. Lotte and the former
Citing their earlier fact-finding trip to the Ivory Coast (Cote d’Ivoire) and Ghana, Senator Tom Harkin (D-Iowa) and Representative Eliot Engel(D – N.Y.) applauded the progress made by the International
In a move that looks to take advantage of the rising value of corn as a base ingredient for a broad range of food products, White Plains, N.Y-based Bunge Ltd.,
Food giant General Mills acquired Denver-based Humm Foods, the manufacturer of Lärabar and Lärabar Jocalat energy bars on June 11. The brands will become part of Small Planet Foods, the
In an unprecedented effort to unlock the secrets of the cocoa plant, Mars, Inc. announced it’s teaming up with the U.S. Department of Agriculture (USDA)’s Agricultural Research Service (ARS) and
Nevertheless, the three partners anticipate that it will take approximately five years to complete the entire sequencing, assembly, annotation and study of the cocoa genome. Scientists from USDA-ARS and Mars
Gerardo Castillo, a 30-year-old employee of the Blommer Chocolate Co., died on June 8 when overcome by fumes at the company’s chocolate processing facility in Chicago. The accident occurred in
It’s expected to take six years, but when completed, U.S. Sugar Corp. will have sold 187,000 acres (about 300 square miles) of cane fields to Florida as part of a
Most of you are probably thinking that I’m referring to marketing as the “m” word in the headline. And trust me, I’m usually one of the first to emphasize the