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
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Sectors
Consumer
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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
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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. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
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 Funding Total Funding
- Total Rounds 2
- Last Round Last Round
- First Round First Round
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Aug, 2017 | Amount | Private Equity Round - Aalst Chocolate | Valuation | Wilmar |
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| Mar, 2015 | Amount | Private Equity Round - Aalst Chocolate | Valuation | KV Asia Capital |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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KV Asia Capital is focused on private equity investments in Southeast Asia.
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Founded Year | Domain | Location | |
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Agribusiness group
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Founded Year | Domain | Location | |
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Food, ingredients, agricultural solutions, and industrial products are provided globally.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Aalst Chocolate
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Aalst Chocolate
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Aalst Chocolate Comparisons
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. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Confectionery products are manufactured and distributed globally by Cadbury.
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| domain | founded_year | HQ Location |
Serves as a renowned brand specializing in premium chocolate products.
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| domain | founded_year | HQ Location |
Chocolate products are crafted and branded by Janice Wong Singapore.
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| domain | founded_year | HQ Location |
Specializes in crafting high-quality artisanal chocolates with premium ingredients.
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| domain | founded_year | HQ Location |
Makes bean-to-bar chocolate using direct sourcing from Asian farmers.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Aalst Chocolate
Frequently Asked Questions about Aalst Chocolate
When was Aalst Chocolate founded?
Aalst Chocolate was founded in 2003 and raised its 1st funding round 12 years after it was founded.
Where is Aalst Chocolate located?
Aalst Chocolate is headquartered in Singapore, Singapore.
What is the annual revenue of Aalst Chocolate?
Annual revenue of Aalst Chocolate is $6.4K as on Dec 31, 2021.
What does Aalst Chocolate do?
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.
Who are the top competitors of Aalst Chocolate?
Aalst Chocolate's top competitors include Cadbury, Janice Wong Singapore and Van Houten.
What products or services does Aalst Chocolate offer?
Aalst Chocolate offers Retail Chocolate, Industrial Chocolate, and Food Service Chocolate.
Who are Aalst Chocolate's investors?
Aalst Chocolate has 3 investors. Key investors include Cargill, Wilmar International, and KV Asia Capital.
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