Cloetta agrees $34.4m Lonka acquisition to enter Dutch chocolate market
Cloetta has returned to profit in the second quarter and announces a deal to acquire Dutch fudge and chocolate producer Lonka for SEK 295m ($34.4m).
Archives for July 16, 2015
PepsiCo's Brazilian sugar sourcing audit falls short of expectations: Oxfam
PepsiCo’s new report on its sugarcane supply chain in Brazil and the impact it has on land rights has been welcomed with caution and some critique by Oxfam.
UK government committee backs halving free sugars limit to 5%
The UK government’s Scientific Advisory Committee on Nutrition (SACN) has ditched a 10% upper limit on sugar intake instead recommending that less than 5% of daily energy should come from free sugars.
Q2 cocoa grind analysis
‘They are losing money’: Cocoa grinds stall in developed markets as processors fail to break even
Cocoa grinds in North America have fallen 9% in the second quarter and remain flat in Europe as cocoa processors lose profitability and developed market economies harm chocolate consumption.
France goes off-piste with caffeine, carnitine, creatine, lycopene law? EFSA safe caffeine limit halved
France has proposed new legal daily limits for carnitine, creatine, lycopene and caffeine in supplements – the latter of which was half that defined as safe by the European Food Safety Authority (EFSA).