The Japanese supplier of oils and fats ingredients, Fuji Oil Holding, has entered an agreement to acquire The Blommer Chocolate Company, the largest cocoa processor and ingredient chocolate manufacturer in North America.
The acquisition grants Fuji Oil all business entities including four manufacturing operations in North America and one in Shanghai. The transaction is expected to take 30 to 60 days and the current managing team will continue to lead the company following the transaction.
“For nearly 80 years, our family business has grown to become a major ingredients supplier to most of the iconic brands across a wide variety of food categories,” said Peter Blommer, CEO and third-generation family member, on 19 November. “This is a landmark event in the proud history of Blommer Chocolate Co. and begins an exciting new chapter as we look forward to joining a highly respected global leader in Fuji Oil. Our companies share common values and a deep commitment to product quality, innovation and customer service. With our combined expertise in chocolate and fats and oils, both rooted in product and process innovation, we have the opportunity to create a broad global footprint from which to serve our customers and drive growth.”
“In our industrial chocolate business we are a leader in Asia and have expanded our presence in Europe and South America," said Hiroshi Shimizu, president of Fuji Oil Holding. "By partnering with Blommer, we are convinced that the combination of our know-how and operations in our respective regions will provide significant opportunities and choices for our customers.”
Fuji Oil is a global manufacturer in the fields of hard butters for chocolate and industrial use chocolate; confectionery and bakery ingredients including cream, margarine, and cheese-flavour ingredients; and soya ingredients with 11 chocolate factories in eight different countries.