About Aalst Chocolate
Aalst Chocolate is a Consumer company based in Singapore (Singapore) founded in 2003 by Deborah Connie Kwan Hoi Chee, and was acquired by Cargill in August 2021. Chocolate brand. Aalst Chocolate offers products and services including Retail Chocolate, Industrial Chocolate, and Food Service Chocolate. Its focus areas include Food and Agriculture, Food & Beverage Products, Convenience Foods and Snacks. Its legal entity is Aalst Wilmar Pte Ltd. Its competitors include Van Houten, Janice Wong Singapore and Modesi Chocolates.
Company details
Aalst Chocolate was established in 2003 in Singapore as a manufacturer in the confectionery sector. Chocolate couvertures, cocoa ivory, cakes, and compounds are produced by the company. Products are distributed via retailers across 45 countries worldwide, with operations centered in Singapore. The brand is led by co-founder Deborah Connie Kwan Hoi Chee.
- Headquarters Singapore, Singapore
- Founders Deborah Connie Kwan Hoi Chee
- Stage Acquired
- SectorsConsumer
- Email••••••••
- Phone•••• ••••
- Website aalstchocolate.com
- Social LinkedIn Facebook Instagram
- Acquired by Cargill (Aug 2021)
- Legal Name Aalst Wilmar Pte Ltd
Products & Services of Aalst Chocolate
Aalst Chocolate offers a comprehensive portfolio of products and services, including Retail Chocolate, Industrial Chocolate, and Food Service Chocolate.
Chocolates for direct consumer purchase and enjoyment.
Ingredients for industrial chocolate production processes.
Chocolates tailored for food service and event applications.
Funding Insights of Aalst Chocolate
- Total Rounds 2
- Investors Count 2
All 2 funding rounds of Aalst Chocolate with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Aug 2017 | Private Equity Round | – | Wilmar | – | |
| Mar 2015 | Private Equity Round | – | KV Asia Capital | – |
3 investors in total: 3 institutional.
Investors in Aalst Chocolate
Aalst Chocolate has secured backing from 3 investors, including institutional and venture fund investors. Prominent investors backing the company include Cargill, Wilmar International and KV Asia Capital.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
KV Asia Capital is focused on private equity investments in Southeast Asia. | kvasiacapital.com | Singapore, Singapore | ||
Agribusiness group | 1991 | wilmar-international.com | Singapore, Singapore | |
Food, ingredients, agricultural solutions, and industrial products are provided globally. | 1865 | cargill.com | Minneapolis, United States |
Investor details for Aalst Chocolate
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People of Aalst Chocolate
1 people are tracked at Aalst Chocolate (1 in leadership).
| Name | Role | Group |
|---|---|---|
Deborah Connie Kwan Hoi Chee | Co-Founder | Leadership |
Complete people profiles for Aalst Chocolate
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Timeline of Aalst Chocolate
4 dated milestones of Aalst Chocolate across 18 years, from founding to its latest funding, stage changes and deals.
- Founded Aalst Chocolate is founded.
- Funding First funding round.
- Funding Latest funding round, Private Equity Round,.
- Exit Acquired by Cargill.
Competitors of Aalst Chocolate
Aalst Chocolate has 3 listed competitors in our database. They include Van Houten, Janice Wong Singapore and Modesi Chocolates.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| vanhoutenchocolates.com | 1828 | Singapore | Serves as a renowned brand specializing in premium chocolate products. | |||
| janicewong.online | 2007 | Singapore | Chocolate products are crafted and branded by Janice Wong Singapore. | |||
| modesichocolates.com | 2023 | Singapore | Specializes in crafting high-quality artisanal chocolates with premium ingredients. |
Detailed competitors of Aalst Chocolate
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Web traffic of Aalst Chocolate
The website of Aalst Chocolate (aalstchocolate.com) receives about 1.4K visits a month.
- Monthly visits1.4K
▲ 20.2% vs previous month
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Related news about Aalst Chocolate
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Frequently Asked Questions about Aalst Chocolate
Aalst Chocolate was founded in 2003 and raised its 1st funding round 12 years after it was founded.
Aalst Chocolate is headquartered in Singapore, Singapore.
Annual revenue of Aalst Chocolate is $6.4K as on Dec 31, 2021.
Aalst Chocolate was established in 2003 in Singapore as a manufacturer in the confectionery sector. Chocolate couvertures, cocoa ivory, cakes, and compounds are produced by the company. Products are distributed via retailers across 45 countries worldwide, with operations centered in Singapore. The brand is led by co-founder Deborah Connie Kwan Hoi Chee.
Aalst Chocolate's top competitors include Janice Wong Singapore, Van Houten and Modesi Chocolates.
Aalst Chocolate offers Retail Chocolate, Industrial Chocolate, and Food Service Chocolate.
Aalst Chocolate has 3 investors. Key investors include Cargill, Wilmar International, and KV Asia Capital.
Aalst Chocolate operates through Aalst Wilmar Pte Ltd.
Yes. Aalst Chocolate was acquired by Cargill in August 2021.