On May 30, AAK is moving its headquarters to the neighboring Hyllie Terrass in Malmö, Sweden. The new premises are in line with the company’s environmental and health-promoting priorities, with a building designed to be climate neutral and enjoy plenty of daylight.
AAK
AAK launched a premium cocoa butter substitute (CBS) compound that facilitates higher levels of cocoa in chocolate compounds for enhanced taste.
AAK opened a new Plant-based Innovation Center of Excellence in Zaandijk, outside Amsterdam, in the presence of customers, investors, and local officials, who also took a guided tour of the premises. The three story facility features an application laboratory, co-development workspaces, a culinary kitchen, and a sensory facility.
AAK AB acquired Arani Agro Oil Industries Ltd, a company headquartered in the Kakinada Port on the southeast coast of India. The transaction is expected to close before the end of 2022.
AAK’s 2021 Sustainability Report was named the best in the world in the category of plant-based oils, winning the 2022 Hallbars Award.
AAK Group’s operating profit increased by 21%, reaching SEK 664 million EUR 63.4 million). Its food ingredients business recorded an operating profit increase of 18%.
AAK announced its plan to make a ‘controlled exit’ from its operations and investments in Russia. In March, AAK temporarily froze deliveries to, and sales in, Russia.
AAK has decided to temporarily halt deliveries to, and sales in, Russia. The country makes up for around 3% of AAK’s volumes (metric tons).
AAK introduces a range of fats for chocolate and confectionery applications that use premium caramel, AKOMEL™. It is a portfolio of clean-label and plant-based fats obtained from sustainable sources, which are also available in non-hydrogenated, non-trans and low-saturated fat options.
AAK launched a premium cocoa butter substitute (CBS) compound that facilitates higher levels of cocoa in chocolate compounds for enhanced…