Sector
Confectionery
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Majority interest in Regal Confections of Quebec acquired by Clearspring
Clearspring Capital Partners has acquired a majority interest in Regal Confections, headquartered in Laval, Quebec. Regal was founded in Montreal 58 years ago and it has grown to become the authority in confectionery and premium chocolate products in Canada. During…
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Alessandro Natola becomes President of Ferrero Canada
Natola will lead the Canadian Business Unit, continuing the region’s strategic focus on driving innovation in new categories, channel growth, and market leadership. Natola will report to Paul Chibe, President and CEO, Ferrero North America. Natola was previously Managing Director…
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‘CocoaWise’ sustainability platform for Cargill’s cocoa and chocolate customers
To connect consumers with the journey of the cocoa they are eating and drinking, Cargill has launched CocoaWise, a digital portal that provides a lens through which food and beverage manufacturers have increased knowledge and shareability into the origin of…
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Cargill makes major investment in dynamic chocolate market
In a move to facilitate better product development and enhance the customer collaboration experience, Cargill unveils its plans for a “House of Chocolate” complex at its Mouscron, Belgium site. The complex, which will be built alongside the company’s existing chocolate…
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CBD food market identified as major Canadian economic recovery opportunity – new report on food and beverages
The Canadian Health Food Association (CHFA) has released a report prepared by the Institute of Fiscal Studies and Democracy (IFSD) to estimate the potential size of the cannabidiol (CBD) market in Canada and its positive economic impact if the Government of Canada…
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Fruit d’Or invests $17.5 million to increase capacity at its Plessisville plant
Fruit d’Or, a world leader in the processing of organic cranberries and wild blueberries, is proud to announce a major investment of $17.5 million to increase the capacity of its Plessisville facility. Already recognized for its innovation and technological advances,…
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More government funding for Ontario food processors
The Governments of Canada and Ontario are providing more than $5.4 million through the Canadian Agricultural Partnership to help food processing businesses improve food safety, increase labour productivity and enable better access to markets. These strategic investments will support more…
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Winners for 27th Annual Canadian Grand Prix New Product Awards Announced
Retail Council of Canada (RCC) revealed the winners of the 27th Annual Canadian Grand Prix New Product Awards on July 30 during a virtual gala. Twenty-seven companies took home the coveted Canadian Grand Prix New Product Award for products they introduced into…
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Canadian confectionery producer gets certification for protective masks
July 6, 2020, Port Coquitlam, B.C. – A new line of protective masks made by the PPE division of Inno Foods, a global confectionery producer and distributor, has passed the ASTM Level 1 test. The company will be going into…
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Dynaleo will make cannabis-infused vegan gummies for Canadian market
June 30, Toronto, Ont. – Dynaleo, an Edmonton, Alta., manufacturer of cannabis-infused gummies, has signed a letter of intent with its first international partner. Dynaleo, part of Canopy Rivers’ portfolio of cannabis companies, made the announcement a week after it…
