Puratos Canada Inc. has acquired Foley’s Chocolates, a leading provider of chocolate and compound coatings to industrial manufacturers in North America.  

The agreement makes Puratos one of the country’s largest chocolate producers and the only domestic manufacturer of ingredients for bakery, patisserie and chocolate. As well as expanding the company’s market presence, the combined business will introduce a range of health and well-being-focused ingredients that cater to evolving consumer preferences, according to the company.

“This acquisition is a moment of great pride for all of us,” comments Michael Simone, president at Puratos Canada. “Our strategic fit brings together two highly talented, passionate teams to fuel innovation and propel the industry forward by delivering outstanding products and customer experience.”

With a 40-year manufacturing legacy, Foley’s Chocolate has been recognized for its quality portfolio and service. The acquisition further enhances the company’s capabilities, leveraging its expertise to introduce an expanded range of products that meet the diverse needs of consumers, the company reports.