Confectionery

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Bermuda launches sugar tax consultation

By Rachel Arthur

Bermuda has launched a public consultation for its proposed sugar tax, which would cover sugar-sweetened beverages, candies and plain sugar.

Ferrero expects to operate Ferrara as a separate unit upon acquisition.

Ferrero to acquire Ferrara Candy

By Douglas Yu

The Ferrero Group has announced it will acquire Ferrara Candy Company from private equity firm L Catterton for an undisclosed sum.

Soup-to-Nuts Podcast: Confections hold steady in face of war on sugar

Soup-to-Nuts Podcast: Confections hold steady in face of the war on sugar

By Elizabeth Crawford

Despite significant headwinds generated by the escalating war on sugar and increasing consumer preferences for healthy products, the confectionery industry is holding its own with sales climbing 1.2% in the last year to reach a whopping $25 billion, according...

PUR Co. CEO Jay Klein surrounded by gum in a warehouse. Source: The PUR Co.

5 strategies that fueled PUR’s more than 5,000% growth in five years

By Elizabeth Crawford

In a world where most business growth comes from the tech, oil, gas and software industries, gum and mint maker The PÜR Company was “sweetly surprised” recently to secure a spot in PROFIT 500’s top 10 list of fastest growing Canadian companies and the...

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