USA: Archer Daniels Midland to sell chocolate business to Cargill
Cargill, the largest privately held corporation in the United States in terms of revenue, has revealed that it has agreed to purchase the global chocolate business of the food processing and commodities trading firm Archer Daniels Midland (ADM). The transaction is valued at $440 million and includes ADM’s three North American chocolate plants, located in […]
France / Germany: Cargill furthers investment in specialty cocoa
Having recently announced a $48 million investment towards a new facility in Belgium, Cargill is now expanding its speciality cocoa liquor capabilities by investing €10 million ($13.8 million) into its existing plants in France and Germany to meet growing consumer demands for premium and organic products. According to Food Business News, the investment in France […]
Belgium: Cargill invests in production facility in Mouscron
Cargill has begun construction on a new facility in Belgium with a $48m investment that is set to double the capacity of production in Mouscron over the next two years, FoodBev reports. The new investment comes as Cargill seeks to meet increased demand for Belgian confectionery, dairy and bakery products from its European customers. The […]