Elizabeth Shaw, a renowned UK chocolate brand, has announced the sale of the business to Colian Holding SA.
A leading producer and distributor of confectionery products, Colian has a number of well-known brands within the sector in its domestic market and currently exports to over 60 countries worldwide.
Founded in England in 1881, Elizabeth Shaw offers premium quality chocolate, including the iconic Mint Crisp and Famous Names liqueurs. Available across leading supermarkets in the UK, the brand has a long-standing heritage, and the support of Colian signifies a new chapter in the company’s future and a commitment to securing long-term growth of the business.
Karen Crawford, Elizabeth Shaw managing director, says: “Colian has a wealth of experience in the confectionery market and ambitious growth plans. The acquisition of Elizabeth Shaw brings a well-respected quality Brand with English heritage into the Colian portfolio. I am delighted and excited to be working with them on the next phase of Elizabeth Shaw’s expansion.”
Source: Kennedy’s Confection
Local industry stakeholders under Food Drink Ireland (FDI) have called for targeted support measures in the sector that will help businesses stay buoyant during the transitional period.
Diageo has announced that the company’s CFO Kathryn Mikells will leave the business later this year and will be replaced by Lavanya Chandrashekar.
Schlosberg – who has resigned his positions as president, CFO, COO and secretary of Monster Beverage – will serve as co-CEO alongside Rodney C. Sacks.