Chocolate production is still growing in developed markets, but volumes are growing at a faster pace in Eastern European countries like Poland, data from Leatherhead Food Research shows.
Korean firm Lotte’s recent acquisition of Kazakstan’s leading confectioner forms part of a carefully planned expansion strategy that gives it a “jumping board” to Russia and Central Asia, according to an analyst at Mintel.
South Korea has one of the lowest birth rates in the world and confectioners must think about how they can cater to an increasingly aging population, according to Leatherhead Food Research.
An analyst gives his tips on the possible suitors for Australian confectioner Darrell Lea, which entered administration this week and is looking for a buyer.
Asian group Lotte has plans to expand the production capacity of Polish confectionery manufacturer Wedel by investing over €200m into the company, according to a Polish media outlet.
Publically listed confectionery company Lindt & Sprüngli remains the most interesting acquisition target in terms of its premium portfolio and its post-recession weakened state, with Asian conglomerate Lotte a potential frontrunner, argues a market...
Ending months of speculation, Asian confectionery giant Lotte Group will acquire the Wedel business in Poland from Kraft Foods, subject to regulatory approval.
In Asia, Vietnam creates a new cocoa organisation and Lotte
acquires Cozy Corner cakes; while on a more light-hearted note, a
chocolate-fuelled truck completes its travels in Africa.
South Korea's leading confectionery maker Lotte has bought a
Shanghai-based chocolate company, as it seeks to expand in the
fast-growing Chinese market.
South Korea's Lotte Confectionery Company, the country's largest
snack food manufacturer, has acquired a 100 per cent stake in a
Chinese confectioner - a move which will not only bolster its
influence among China's...
