Showing Tag: "cargill" (Show all posts)

Cargill Acquires German Chocolate Manufacturer

Posted by Turgut Ziyal on Friday, January 14, 2011, In : Mergers and Acquisitions 

Cargill is to acquire German chocolate manufacturer Schwartauer Werke Kakao Verarbeitung Berlin (KVB), as part of the company’s plans to expand further into Europe.

KVB is a business to business (B2B) supplier of chocolate and semi finished cocoa products. KVB has two production plants, both in Berlin, Germany. The two plants have a capacity of over 75,000 tonnes of chocolate per year and employ around 180 people. Cargill said that KVB’s two Berlin plants will complement its existing ...


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Cargill buys PT Sorini of Indonesia

Posted by Turgut Ziyal on Tuesday, December 21, 2010, In : Mergers and Acquisitions 

Cargill is to acquire Indonesian starch and sweetener company PT Sorini Agro Asia Corporindo, deal designed to help it better serve its customers in the Asia Pacific region. The acquisition of 85.01 per cent of Sorini’s ordinary shares in two separate deals will bring it new manufacturing and supply capabilities in starch and starch derivatives, sorbitol, maltitol, dextrose monohydrate, maltose and maltodextrine. Present in Indonesia since 1974, Cargill’s existing plants make animal nutri...


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Cargill buys Unilever's tomato business in Brazil

Posted by Turgut Ziyal on Tuesday, September 28, 2010, In : Mergers and Acquisitions 
Cargill has signed an agreement to buy Unliever's tomato products business in Brazil for around BRL600m (US$350.6m).

The acquisition will include the Pomarola, Tarantella, Elefante, Extratomato, and Pomodoro brands, and a manufacturing facility based in Goiania, Brazil (Goias State) and related manufacturing assets.

Under the agreement, Unilever will continue to market tomato products to the foodservice channel under these brands but Cargill will manufacture these items under a co-packaging...
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Cargill will fight with child labour problem

Posted by Turgut Ziyal on Tuesday, September 14, 2010, In : companies 

Cargill said its planned investment of $5m over the next three years in sustainable cocoa initiatives will help address the worst forms of child labour in cocoa growing communities in the Ivory Coast and Ghana.

The cocoa and chocolate ingredients supplier Cargill announced that it is collaborating with non-governmental organisation, CARE, on a new programme of activities including improving access to education and basic services, as well as the promotion of best practice crop management. ...


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Cargill reports 59% lower earnings

Posted by Turgut Ziyal on Monday, January 18, 2010,
Cargill, Inc. reports $489 million in earnings for the fiscal 2010 second quarter ended November 30, 2009, down 59 percent from $1.19 billion in the same period in 2008. However, food ingredients and agriculture services segments, which include sweeteners, cocoa, flavors and edible oils, were both up significantly from last year, according to Lisa Clemens, director of investor relations for Cargill.

“Food ingredients is our largest in terms of number of business units, and it has over 40 b...


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Cargill, Callebaut await customer-fuelled M&A

Posted by Turgut Ziyal on Monday, November 23, 2009, In : Mergers and Acquisitions 

20 November 2009 Source: just-food.com

Chocolate processing giants Cargill and Barry Callebaut have suggested that any consolidation between the sector's leading brand-owners could lead to more M&A activity among the industry's suppliers.

The speculation over Cadbury's future has prompted some of the world's largest business-to-business chocolate makers to ponder future changes to the competitive landscape of their part of the supply chain.

Speaking to just-food, Cargill Chocolate managing...


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Turgut Ziyal, the owner of this blog, offers consultancy services for the companies planning to enter in the Turkish Food & Beverages market.

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About This Blog:


getfoodnews In this blog I try to compile the news related with food industry. This includes food companies, retailers, ingredients, regulations, mergers&acqusitions and others. In each post I try to designate the source of the news and add a link to the original document. I hope you find it useful. For any comments please feel free to send me an email (turgut@getfoodnews.com). You can post your comments inside the boxes appearing at the end of each posting when clicked the headline.
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