Heritage Food Brands has acquired Finex, enhancing its market position in the international confectionery sector and fostering growth opportunities through strategic investment.
Information on the Target
Heritage Food Brands, a commercial division of Oxygenium Holding, has successfully acquired Finex, a renowned producer of quality confectionery located in East Flanders. Finex, which has been operational for nearly 80 years, specializes in creating 450 unique types of candy, including gummy bears and liquorice, catering to both retailers and corporate clients. The company currently serves over 80 customers across Europe, the United States, and Asia.
Finex, established in 1947, produces tailored confectionery for various markets, including private label sweets for supermarkets and premium brands offering sugar-free options. The firm also collaborates with wholesalers supplying products to cinemas and pharmacies, showcasing its capability to adapt to diverse consumer preferences.
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Industry Overview in Belgium
The Belgian confectionery industry has experienced a robust growth trajectory driven by innovation and adaptability to consumer preferences. Local manufacturers like Finex f
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