Kervan Gıda Named Among Best Confectionery Companies

Kervan Gıda is sustaining the momentum gained from its public offering in the global arena. Kervan Gıda was named among the www.candyindustry.com's "World's Best 100 Confectionery Companies of 2022," an annual listing of the world's largest confectionery companies. Kervan Gıda entered the "2022 Global Top 100 Candy Companies" list, one of the most important rankings followed in the global confectionery sector, at 82nd position. Kervan Gıda General Manager Burhan Başar stated that the company's presence in the sector's most prestigious ranking is not only a success for the company but also for Turkey, and that the next objective is to enter the top five in its own category. Kervan Gıda Sanayi Ticaret A.Ş. entered the list with USD 193 million in sales between October 2020 and September 2021, approximately 2,600 employees, and six factories. Ranking 82nd on the overall list and 6th in its own category, Kervan Gıda achieved international success in March 2021 when it began supplying Bebeto brand products to Walmart stores in Brazil and the United States, one of the world's leading retail companies.  

Public Offering Brought Success Responsibility

Kervan Gıda General Manager Burhan Başar stated that the company has carried a passion for growth and development from its founding to the present, and that the public offering process completed at the end of 2020 transformed success into responsibility. Emphasizing that the main objective of the public offering was to increase global market investments and that they achieved this goal, Başar said: "It was planned that 55 percent of the public offering proceeds would be directed to global market investments, and this plan was implemented successfully. In 2021, we acquired a majority stake in ZPC Otmuchów, a leading soft confectionery producer in Poland, and its affiliate PWC Odra. This move increased our production capacity from 72,000 tons to 100,000 tons. It is not only our production capacity but also our brand recognition at the global level that has increased. We will continue with these and similar moves that drive us up in the world rankings and we will succeed in keeping our investors smiling at all times."