NEWS ROUND UP


Alvinesa acquires industrias Vinicas and Dervinsa


The natural ingredients company Alvinesa, based in Daimiel, Spain, which specialises in grape and olive derivatives has acquired two leading companies in grape by- product valorisation in Chile and Argentina. This


acquisition positions the new group as one of the global leaders in grape seed oil, tartaric acid, and cream of tartar. It also strengthens its market presence in functional foods, grape tannins and polyphenols and both food-grade and industrial alcohols. Alvinesa, which achieved a turnover of €100 million in 2023, anticipates over €150 million in revenue by consolidating Vinicas and Dervinsa. Jon Fernandez de Barrena, CEO of Alvinesa, stated, “This operation aligns with Alvinesa’s strategy to remain a benchmark in upcycling, transforming natural waste into higher-quality products with greater ecological and economic value, and to continuously improve our offerings to clients.” He detailed the strategic interest of the operation as follows: • Access to raw materials in the southern hemisphere: the acquisitions grants Alvinesa access to high-quality raw


Uncle Joe’s Mint Balls marks 126th year with first major Vietnam order


Uncle Joe’s new Vietnamese partner is Thien Bao


Confectionery Company Limited (TBCC), a unit specialising in importing and distributing world-famous product lines such as Walker Nonsuch Toffees, Farmhouse Biscuits, Campbell Shortbread, Golden Bonbon Nougat, Hachez & Feodora chocolate, Cavendish & Harvey fruits candy... headquartered in Hochiminh city - the largest and most dynamic city in Vietnam. With the


cooperation of this capable and reputable partner, Uncle Joe’s Mint Balls believes that success and expansion in the Vietnam market will be rapid and sustainable. John Winnard, Joint Managing Director of Wigan-based Uncle Joe’s, commented: “Uncle Joe’s Mint Balls are well known throughout the UK, but we


continue to make a concerted effort to grow our international trade, and overseas trade shows are a perfect way for us to do this.” “It is great that our first major order for Vietnam has come after a fabulous 2023 during which we celebrated our 125th year as a traditional UK confectionery manufacturing family business.”


Antony Winnard, Joint Managing Director, said, “It was a demanding proposition to fulfil the order within the required timeline. It


took three weeks to manufacture, while also supplying our existing, loyal customers.” Uncle Joe’s Mint Balls are produced by William Santus and Co Ltd, a privately-owned traditional sweet company established in 1898, with ownership passed down through the family generations.


materials in the Southern Hemisphere, whose harvest season complements that of the Northern Hemisphere. This not only reduces price fluctuations for clients but also ensures year- round product availability. Additionally, it broadens the range of active ingredients in their products.


• • •


Expansion of production capacities: this move adds three additional production centres to its existing two plants in Spain, all certified to ISO 9001, ISO 14001, Halal, and Kosher standards.


Commercial strengthening in America and the United States: enhances the company’s commercial presence in these regions and complements its portfolio with cream of tartar, metatartaric acid, and activated carbon.


Leadership in circular economy: solidifies Alvinesa’s position as a leader in the grape-derived ingredients industry and as a proponent of the circular economy. Recently certified as a B Corp and FSSC 22000, Alvinesa solidifies its presence in America with two leaders in traceability and access to high- quality raw materials. Concurrently with this expansion step, Alvinesa has appointed Juan Humberto Fernandez Del Campo (formerly with Coca-Cola, Heineken, and Altadis) as Chief Sales Officer. Through this deal, the parties agreed to entrust the marketing of GSO produced in Argentina to Provence Huiles S.A.S. for further growth.


KennedysConfection.com


Kennedy’s Confection July 2024


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