Wikipedia

SCHOKINAG-Schokolade-Industrie

SCHOKINAG-Schokolade-Industrie GmbH (SCHOKINAG) is a food company based in Mannheim. It is considered to be one of the leading chocolate manufacturers in Europe.[1][2][3][4][5] Founded in 1923 as a family business, SCHOKINAG has been under the ownership of the Malaysian company Guan Chong Berhad (GCB) since 2020.[6][7][8][9][10]

SCHOKINAG-Schokolade-Industrie GmbH
IndustryFoods
Founded1923
Headquarters
Mannheim
,
Germany
Number of employees
150 (2018)
Websitewww.schokinag.com

The company processes cocoa beans, cocoa butter and cocoa mass and produces both liquid and solid chocolates and couvertures. The products are not supplied to end users, but exclusively to wholesalers and to other food companies for further processing.[11]

History edit

SCHOKINAG was founded in 1923 as a family business under the name SCHOKINAG-Schokolade-Industrie and has since been producing chocolates for the processing industry.[12]

After the destruction experienced during World War II, the company was rebuilt in 1945.

The first delivery of liquid chocolate took place in 1959.

In 1978, the grandchild Hans-Joachim Herrmann took over the management of the company.

Big investments in the years 1990, 1993 and 2000 supported the growth of the company.

In 1991 SCHOKINAG North America was founded,[13] followed by the establishment of SCHOKINAG UK in 1997 and of SCHOKINAG Chocolate Belgium in 2006.

In 2009, the company was acquired by the American food corporation Archer Daniels Midland (ADM).[14][15][16] In 2015, ADM sold Schokinag's chocolate production to US Cargill, while the cocoa division first remained under the ownership of ADM.[17][18][19]

In 2016, SCHOKINAG was acquired by two Dutch financial investors.[20][21]

In 2020 the company Guan Chong Berhad (GCB) took over SCHOKINAG.[22]

Products edit

SCHOKINAG produces dark, milk and white chocolates and chocolate couvertures, in liquid form (for topping, ice cream applications etc.) and solid form (chips for remelting, baking and decorating and chunks for use in the baking industry). Further production items include decorations such as curls, shavings, spaghetti and microchips. The company works with both standard and tailor-made recipes. SCHOKINAG's current annual production capacity lies between 80.000 und 90.000 t. The company mainly supplies clients throughout the European Union.[23][24][25]

Certifications edit

SCHOKINAG is IFS Food, ISO 50001, Kosher Dairy and HALAL certified. Further product certifications include Fairtrade (Mass Balance), UTZ (Mass Balance) and Rainforest Alliance (Segregated).[26]

References edit

  1. ^ Squicciarini, Mara P.; Swinnen, Johan (21 January 2016). The Economics of Chocolate. Oxford University Press. ISBN 9780191039904. Retrieved 6 July 2020.
  2. ^ "Burden of COVID-19 on the Market & Rehabilitation Plan - Dietary Chocolate Products Market 2020-2024 - Rise in Promotional Initiatives to Boost Growth - Technavio" (Press release). 20 June 2020. Retrieved 6 July 2020.
  3. ^ "Schokinag increases production following investment". Retrieved 8 June 2020.
  4. ^ "COVID-19 Impact and Recovery Analysis - Dietary Chocolate Products Market 2020-2024" (Press release). 7 May 2020. Retrieved 8 June 2020.
  5. ^ "Schokinag - FoodChain". Archived from the original on 17 February 2020. Retrieved 21 April 2020.
  6. ^ "Guan Chong expands global footprint with European acquisition". Retrieved 8 June 2020.
  7. ^ "Guan Chong's Schokinag acquisition to boost earnings". 24 December 2019. Retrieved 8 June 2020.
  8. ^ "Guan Chong to ramp up production post acquisition". Retrieved 8 June 2020.
  9. ^ "Guan Chong Berhad: acquires Schokinag Holding". Retrieved 21 April 2020.
  10. ^ "SCHOKINAG - GEWERKSCHAFT SIEHT CHANCEN DURCH VERKAUF: "Plattform für Europa"" (in German). 11 January 2020. Retrieved 8 June 2020.
  11. ^ "sp portrait: Always the perfect customer service". Retrieved 21 April 2020.
  12. ^ "Vipam distributeur Nederland voor Schokinag" (in Dutch). 16 March 2017. Retrieved 6 July 2020.
  13. ^ "Speciality Food Magazine - Outstanding beverage" (PDF). Retrieved 6 July 2020.
  14. ^ Squicciarini, Mara P.; Swinnen, Johan (21 January 2016). The Economics of Chocolate. Oxford University Press. ISBN 9780191039904. Retrieved 6 July 2020.
  15. ^ "ADM Expands Chocolate Business Through Acquisition of Schokinag". Retrieved 21 April 2020.
  16. ^ "COMUNICADO: ADM expande el negocio de chocolate con la adquisición de Schokinag" (in Spanish). 23 January 2009. Retrieved 6 July 2020.
  17. ^ "Cargill to Buy ADM's Chocolate Business for $440 Million". Retrieved 21 April 2020.
  18. ^ "Cargill completes acquisition of ADM's global chocolate business". 23 January 2009. Retrieved 6 July 2020.
  19. ^ "Cargill must sell German plant to finalize ADM chocolate deal, says European Commission". 19 July 2015. Retrieved 6 July 2020.
  20. ^ "Cargill reaches deal to sell German chocolate unit". Reuters. Retrieved 8 June 2020.
  21. ^ "Schokinag-Geschäftsführer: "Man hat doch einen gewissen Schokolade-Anteil im Blut"" (in German). 2 February 2019. Retrieved 6 July 2020.
  22. ^ "BDO advises GCB Cocoa Singapore (subsidiary of Guan Chong Berhad) on the acquisition of SCHOKINAG". 14 February 2020. Retrieved 21 April 2020.
  23. ^ "Guan Chong's strength seen in growth potential". Retrieved 21 April 2020.
  24. ^ "SCHOKINAG - A World of Chocolate". 28 November 2016. Retrieved 21 April 2020.
  25. ^ "Guan Chong buys chocolate maker in Germany for RM138mil". Retrieved 6 July 2020.
  26. ^ "SCHOKINAG - Life is sweet". Archived from the original on 17 February 2020. Retrieved 21 April 2020.

External links edit

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