Spanish Confectioner Lacasa Invests in Cocoa Processor KKO International
Spanish confectioner Lacasa has acquired a 22.3% stake in France-listed cocoa processor KKO International for €4.7 million, with plans to establish a joint venture in Côte d’Ivoire. The investment aims to strengthen KKO International's financial structure and create synergies in the cocoa and chocolate sector. KKO International reported strong revenue growth in the first half of 2026 but faced profit challenges due to rising costs.
Topics: cocoa processing investment joint venture strategic partnership