Markets

Olam International (OIL) is the parent company of OFI and OGA. Pic: OIL

Financial results

OFI remains on course for London listing

By Anthony Myers

Singapore-based Olam, OFI’s parent company, said it is tracking global markets following Russia's invasion of Ukraine this week to determine the potential impact on the timing.

The Hostess brand’s history dates back to 1919, when the Hostess CupCake was introduced to the public, followed by Twinkies in 1930. Pic: Hostess Brands

Twinkies and CupCakes rescuer exits Hostess

By Gill Hyslop

Dean Metropoulos – punted as the man to have rescued the Hostess brand from extinction – has notified the company that he will resign as chairman of the Board of Directors at the end of 2020 to pursue other commitments.

Barry Callebaut issued its first Schuldscheindarlehen in February 2019. Pic: Barry Callebaut

Financial

Barry Callebaut places its second ‘Schuldscheindarlehen’

By Anthony Myers

The transaction further strengthens the Group’s committed long term liquidity structure by extending the average maturity at attractive interest rates and reducing its reliance on short-term funding sources.

Paul A Young combines film classics with chocolate for 12-piece collection. Photo: Paul A Young

How chocolates for Valentine’s Day have changed over the years

By Jenny Eagle

Chocolatier, Paul A Young, has fused together romantic movies through the decades with chocolate to create a 12-piece collection for Valentine’s Day, claiming he has seen a reduction in consumers buying chocolate hearts for the occasion on February 14.

Pic: iStock/thodonal

Healy leverages cocoa shells for natural sugar reduction

By Katy Askew

Healy Group, the Ireland-based ingredient supplier, has developed a process to turn cocoa shells – an otherwise under-utilised by-product of cocoa production – into a micronised cocoa fibre that can help with sugar reduction in chocolate.

Hostess Brands to expand its portfolio. Photo: Hostess Brands

Hostess Brands to acquire Voortman for $320m

By Jenny Eagle

Hostess Brands, which owns Twinkies, has entered into an agreement to acquire Voortman from private-equity firm Swander Pace Capital, expected to be completed in January 2020.

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