Callebaut Q2 Volume Outpaces Global Chocolate Market

Zurich, Switzerland — During its second quarter, Barry Callebaut AG grew sales volume by 3.5 percent, while revenue increased 2.5 percent in local currencies, the supplier reports. In comparison, the global chocolate market saw a 2.1 percent decline during the…

Supervalu, United Grocers Enter Into Merger Agreement

Minneapolis — Bringing together two complementary organizations with roughly $16 billion in combined 2016 sales, Supervalu, Inc. has begun the process of acquiring and merging with United Grocers, Inc. in a deal valued at approximately $375 million, the purchasing firm…

Cargill Initiates Licensed Buying Company In Ghana

Tama, Ghana — Cargill, Inc. has cut the ribbon on its licensed buying company (LBC), Cargill Kokoo Sourcing Ltd., for cocoa in Ghana, the supplier reports. Operational since November, the LBC gives Cargill the ability to source directly from farmers…

Global Colorant Market To Grow 4.2%

San Francisco — Worldwide sales for colorants, which includes pigments and paints as well as materials for food items, is anticipated to grow 4.2 percent by 2025, according to Grand View Research, Inc. Population expansion coupled with increasing disposable income…