UK confectionery wholesaler Hancocks sold to private equity firm
The UK’s leading confectionery wholesaler Hancocks Group has been sold to H2 Equity Partners for around £50m ($78m).
The UK’s leading confectionery wholesaler Hancocks Group has been sold to H2 Equity Partners for around £50m ($78m).
Mondelez International subsidiary Cadbury India is under investigation for alleged evasion of excise duties by authorities in India.
The demand for bakery and confectionery food processing machinery is to increase over the next few years as employment and incomes rise in developing countries, according to Freedonia.
Chupa Chups maker Perfetti Van Melle has teamed with market expansion firm DKSH to enter the Burmese market.