EAST GREENVILLE, PA. — Fuji Oil Holding, Inc., a supplier of oil and fat ingredients to the food industry, has entered into an agreement to acquire The Blommer Chocolate Co., the largest cocoa processor and ingredient chocolate manufacturer in North America. Financial terms of the transaction were not disclosed.
The acquisition includes all business entities of the privately-held, family-owned Blommer Chocolate Co., including four manufacturing operations in North America and one in Shanghai. The transaction is expected to close in 30 to 60 days. The existing management team will continue to lead Blommer Chocolate 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, chief executive officer and third-generation family member. “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.”
Publicly traded on the Tokyo Stock Exchange, Fuji Oil is a global supplier of oil, fat, chocolate, emulsified and fermented food and soy protein. The company has 11 chocolate factories in 8 countries with a wide range of chocolate business in Japan, Southeast Asia, Brazil and Belgium.
“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 and c.e.o. of Fuji Oil Holding. "By partnering with Blommer we are convinced that the combination of our knowhow and operations in our respective regions will provide significant opportunities and choices for our customers.” F