Blommer Chocolate Company, a large cocoa processor and ingredient chocolate supplier in North America and Olam International Limited, a global integrated supply chain manager of agricultural products and food ingredients, have formed a joint venture on a 50:50 basis.
GrowCocoa formally links two major companies in the cocoa world and will be headquartered in the US.
GrowCocoa will bolster the cocoa supply chain based on the combined strengths of both partners; in origin sourcing and access to farmer groups, technical chocolate product manufacturing expertise and established retail customer relationships.
Source: Olam
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