July 2016 BUSINESS NEWS MANUFACTURING CONFECTIONER—Global Source for Chocolate, Confectionery and Biscuit Information
Yildiz plans Pladis IPO Yildiz Holding has consolidated Biscuits and DeMet’s Candy Co., its confectionery businesses into both in 2014. a new UK-based company, Pladis, The move to unite the disparate and plans to list it on the London, businesses owned by Yildiz into a UK, stock exchange in four years. single entity — Pladis — was first Pladis is made up of United announced in January. Kingdom biscuit brand McVitie’s; The company name, Pladis, Turkish confectionery brand comes from the Greek name of a Ulker; Belgium premium choco- seven-star cluster, Pleiades. The late brand Godiva; and United Pleiades constellation is visible States confectionery company from anywhere on earth. Companies in the News Ai Group ...... 8 DeMet’s Candy Company. To- Yildiz said Pladis will be head- Archer Daniels Midland ...... 11 gether they will form a $5.2 bil- quartered in the Baker Perkins ...... 11 lion business, Yildiz said. United King- Batory Foods ...... 11 The IPO will be used to raise dom. The com- Brooks Peanut Co...... 5 Buhler ...... 11 funds for expansion, with Yildiz pany also de- Caobisco ...... 9 retaining a majority stake. tailed the firm’s Cargill ...... 11 Yildiz, the Turkish confec- management DeMet’s Candy Co...... 5 tionery and snack group, has structure: Cem FDF ...... 6 Cem Karakas Fida ...... 6 brought together a number of Karakas, who is GLG Life Tech Corp...... 11 sweet snacks businesses through the CFO at Yildiz, will take over Godiva ...... 5 mergers and acquisitions in recent as CEO of Pladis. Murat Ulker Guylian ...... 8 Kashi Co...... 8 years. From its majority stake in and Ali Ulker, chairman and vice Kellogg ...... 8 Ülker, Yildiz has built up its port- chairman respectively at Yildiz, Lindt & Sprüngli ...... 9 folio through acquisitions such as will hold the same positions at Lotte ...... 8 Godiva in 2007 as well as United Pladis. McCleskey Mills ...... 5 MKM ...... 6 Nestlé ...... 6, 8 Olam expands in the USA with acquisition of Brooks Olam ...... 5 Olam International has acquired peanut sheller McCleskey Mills in Pladiz ...... 5 PMCA ...... 8 Brooks Peanut Co. December 2014. Olam is the Pure Organic ...... 8 Brooks is currently the sixth- third-largest peanut sheller in the Retail Confectioners International ...... 9, 12 largest peanut sheller in the United United States. Retail Confectioners Assoc. of Philadelphia . 14 States and the largest sheller based Olam’s peanut business is one of Tangerine Confectionery ...... 6 UC –Davis ...... 6 in Alabama, processing approxi- its Edible Nuts business units; oth- Ulker ...... 5 mately 110,000 farmer stock tons. ers are almonds, cashew, hazelnuts United Biscuits ...... 5 Founded in 1959, the company is and sesame. The Warrell Corporation ...... 7 Wawi Schokolade ...... 6 based in Samson, Alabama. Olam International operates in World Cocoa Foundation ...... 7 Olam’s acquisition of Brooks 70 countries and is headquartered Yildiz ...... 5 follows its acquisition of U.S. in Singapore.
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