Aarhus United A/S - Principal Competitors

Principal Competitors

Itochu Corporation; Cargill Inc.; Unilever PLC; Conopco Inc.; Archer Daniels Midland Co.; Sungai Budi Group; Palmindustrie S.A.; Madhvani Group; Hayel Saeed Anam Group of Cos.

Key Dates:

1871:
Aarhus Palmekaernefabrik is founded in Denmark to produce feed cake from palm kernels.
1873:
The company begins production of vegetable oil for a local margarine factory; vegetable oils become the company focus.
1892:
The company changes its name to Aarhus Oliefabrik and builds a new factory specialized in refining oil.
1909:
The company develops a method for refining coconut oil.
1930:
The company launches its first specialty fat, CEBES, a cocoa butter substitute.
1960:
The first successful CBE, Kewax, is launched.
1978:
United Plantation Berhad acquires a stake in Aarhus.
1982:
Aarhus opens its first international subsidiary, Anglia Oils, in the United Kingdom.
1990:
Aarhus establishes a U.S. production subsidiary in Port Newark, New Jersey.
1991:
Aarhus acquires a direct stake in United Plantation.
1996:
International expansion gives Aarhus seven production facilities outside of Denmark.
2000:
The European Commission adopts new rules governing the use of CBEs in chocolate.
2003:
Aarhus changes its name to Aarhus United.
2004:
The company begins a partnership in Uruguay in order to increase penetration into the South American market.