Aalst Chocolate

Singapore, Singapore Founded: 2003 • Age: 23 yrs Acquired By Cargill
Chocolate brand
Annual revenue $6,401 Latest available
Total funding - 2 rounds
Employees - Tracked headcount
Investors 3 Known backers
Products 3 Services tracked
Competitors 9 Brand Intelligence

About Aalst Chocolate

Aalst Chocolate is a company based in Singapore (Singapore) founded in 2003 by Deborah Connie Kwan Hoi Chee was acquired by Cargill in August 2021. Aalst Chocolate offers products and services including Retail Chocolate, Industrial Chocolate, and Food Service Chocolate. Aalst Chocolate operates in a competitive market with competitors including Cadbury, Van Houten, Janice Wong Singapore, Modesi Chocolates and Benns Ethicoa, among others.

  • Headquarter Singapore, Singapore
  • Founders Deborah Connie Kwan Hoi Chee
  • Sectors
    Consumer
  • Email
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  • Phone
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  • Website
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  • Social
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  • Legal Name Aalst Wilmar Pte Ltd
Operational Areas
Consumer → Food, Beverage & Nutrition Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    $6.4 K (USD)
    113
    as on Dec 31, 2021
  • Net Profit
    -$112.69 K (USD)
    -101
    as on Dec 31, 2022
  • EBITDA
    Not available
  • Latest Funding Round
    Not available
  • Investors
    Cargill

    & 2 more

  • Employee Count
    Not available
  • Acquired by
    Cargill

    (Aug 24, 2021)

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Products & Services of Aalst Chocolate

Aalst Chocolate offers a comprehensive portfolio of products and services, including Retail Chocolate, Industrial Chocolate, and Food Service Chocolate.

Product name locked
Category locked
Primary

Chocolates for direct consumer purchase and enjoyment.

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Ingredients for industrial chocolate production processes.

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Chocolates tailored for food service and event applications.

Funding Insights of Aalst Chocolate

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.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
KV Asia Capital is focused on private equity investments in Southeast Asia.
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Agribusiness group
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Food, ingredients, agricultural solutions, and industrial products are provided globally.
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Investor details for Aalst Chocolate

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Investments & Acquisitions by Aalst Chocolate

Investments
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Investment portfolio details for Aalst Chocolate

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  • Transaction dates
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Financial Statements - Aalst Chocolate

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Detailed financials for Aalst Chocolate

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  • Profit trends
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Aalst Chocolate Comparisons

Aalst Chocolate Primary company
Description
Chocolate brand
Location
Singapore, Singapore
Founded Year
2003
Annual Revenue
$6.4 K (USD)
Net Profit
-$112.69 K (USD)
EBITDA
Not available
Employees
Not available
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Peer comparison for Aalst Chocolate

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Competitors of Aalst Chocolate

Aalst Chocolate operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Cadbury, Van Houten, Janice Wong Singapore, Modesi Chocolates and Benns Ethicoa, among others.

Company Name Domain Founded year HQ Location Description
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Confectionery products are manufactured and distributed globally by Cadbury.
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Serves as a renowned brand specializing in premium chocolate products.
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Chocolate products are crafted and branded by Janice Wong Singapore.
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Specializes in crafting high-quality artisanal chocolates with premium ingredients.
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Makes bean-to-bar chocolate using direct sourcing from Asian farmers.
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Detailed competitors of Aalst Chocolate

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Latest news on Aalst Chocolate

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Complete news archive for 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 Cadbury, Janice Wong Singapore and Van Houten.

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.

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