Chocolate producer Schokinag, based in Mannheim/Germany, wants to significantly increase its capacities. Production is to increase from currently 80,000 to 100,000 t/a, mainly by setting up another production line, Schokinag Managing Director Werner Ludwig announced. Guan Chong Berhad group from Malaysia, which took over the 150-employee company from two Dutch financial investors at the end of January 2020, is therefore planning to invest around EUR 10 m in Mannheim over the next two years. However, the money will not only flow into the additional production, but will also be used to optimize the existing production.
Tay Hoe Lian, CEO of Guan Chong Berhad, is pleased with the Mannheim factory: “The improved performance at Schokinag – even without the new capacity – is not only a good sign for the economic recovery in Europe, but also a reflection of our German team in expanding our market share in industrial chocolate. Therefore, we believe the decision to expand Schokinag´s capacity is necessary to support the team in its growth ambitions.” And the EUR 10 m announced need not be all: “We will explore further expansion options as needed to take advantage of ongoing opportunities.”