Pattyn acquires large stake in De La Ballina

As market optimism for the parbaked and frozen bread category continues unfettered, Belgian group Pattyn Packing Lines has announced that it has acquired a 69 per cent majority stake in leading French equipment supplier to the sector, De La…

Food prices hit record high

The United Nation's Food and Agriculture Organization's (FAO) Food Price Index hit a new record high in February, driven mostly by higher prices of cereals, meat and dairy products, the agency said on March 2.