News

Domestic sales of Swiss chocolate in 2022 have not yet recovered from the pandemic low. Thanks to the export business, more Swiss chocolate was sold overall than in the previous year, but high raw material prices are posing value creation challenges for Switzerland as a manufacturing nation. SG

Kerry officially opened its Southern Europe Innovation Centre in Barcelona/Spain, as part of the ongoing expansion of its presence in the region serving Spain, Portugal, Italy and France. SP

Hochdorf Group focused on its technology expertise in 2022 and made steady operational progress with improved earnings quality. SP

The international cocoa and chocolate giants Barry Callebaut AG, Zürich, and Nestlé SA, Vevey, are partnering on large scale agroforestry project in Côte d’Ivoire. SG SP

Kellogg Company has unveiled the names of the businesses it will create through its planned separation into two public companies. SG

Possehl Identification Solutions (PID) is an alliance of Possehl companies in the field of print and apply, labelling, coding, software and label production. SP

Business for Swiss confectionery and long-life baked goods manufacturers recovered last year in a challenging environment thanks to exports. SG

Symrise reports that it closed the 2022 fiscal year with another strong increase in sales and good profitability despite challenging economic conditions. SP

Foodtech venture fund Sparkalis has taken a minority stake in Fooditive BV, a next-gen food technology business specializing in sustainable plant-based ingredients. SP

FoodTech start-up CarobWay brings the nutritional treasures of the ancient carob fruit to the modern table (Vitafoods Europe 2023, 9 to 11 May, Geneva/Switzerland, booth L49). SP

Chocoladefabriken Lindt & Sprüngli AG generated sales of CHF 4.97 bn in the financial year 2022 (previous year: CHF 4.59 bn), which corresponds to strong organic growth of 10.8%. SG

Puratos, a leading global provider of bakery, patisserie and chocolate ingredients, announces its commitment to switching to more sustainable packaging solutions. SG SP

Ingredient specialist Ulrick & Short launched a new clean label ingredient aimed at replacing the functionality of egg whites in meringues. SP

Caldic has closed the transaction and will merge with Asia-Pacific-based Connell forming an alliance poised to strengthen the company’s regional presence, which will operate under the Connel Caldic brand. SP

PMMI,The Association for Packaging & Processing Technologies, organizer of the Pack Expo trade shows in the USA and Mexico, and Koelnmesse GmbH, organizer of supplier trade shows for the food and beverage industry including Anuga FoodTec in Europe, Asia and South America, are joining forces with the goal of jointly promoting and expanding their events in the packaging and processing industry. SP