Lesaffre, an independent key global player in fermentation and microorganisms, announced today the acquisition of a majority stake in Biorigin, a business unit of Zilor, a multinational company producing yeast derivative products, to…
Read More...

BENEO, a leading manufacturer of functional ingredients, is pleased to announce the appointment of Imen Ouerdiane as Sales Director EMEA. In her role, which came into effect on 2nd September 2024, Imen will lead the company’s sales in…
Read More...

Ferrero North America, part of the global sweet-packaged food company the Ferrero Group, today celebrated the opening of its new Kinder Bueno production facility in Bloomington, Illinois. The USD214m dollar investment creates approximately…
Read More...

Expertise, customer service, and over 70 years of experience in the industrial and artisanal sectors: these are the distinctive features that form the bond between Italcanditi, a leader in the production of fruit-based solutions and creams,…
Read More...

PepsiCo has entered into a definitive agreement to acquire Garza Food Ventures LLC (Siete Foods) for USD1.2bn. The acquisition will complement PepsiCo's portfolio with the addition of an authentic, Mexican-American brand, while also growing…
Read More...

Fedima, the Federation of European Manufacturers and Suppliers of Ingredients to the Bakery, Confectionary and Patisserie Industries, held its Annual General Assembly (GA) in Istanbul, Turkey, on September 18-20, 2024.
Read More...

Mondelēz International announced that it has signed an agreement to acquire a significant majority stake in Evirth, a leading manufacturer of cakes and pastries in China, subject to customary closing conditions, including regulatory…
Read More...

Kellanova, the majority shareholder in Egyptian foods company Bisco-Misr, is selling its participation in the company to Hayel Saeed Anam Group & Co. Bisco-Misr, established in 1957, makes biscuits and other snacks under brands such as…
Read More...

Today, Minneapolis, MN-based Rise Baking Company announced that it has been acquired by global investment firms Platinum Equity and Butterfly. Founded in 2013, Rise is a leading provider of cookies, pies, cakes, icings, muffins, crispy bars…
Read More...

Swiss technology group Bühler announced the acquisition of Esau & Hueber, a German company specializing in individual solutions in hygienic process and fermentation technology in the beverage, food, pharmaceutical, and biotechnology…
Read More...

DKSH Business Unit Technology has announced a new, exclusive partnership with Hygiena, a prominent provider in rapid microbial detection, monitoring and identification solutions. Under this agreement, DKSH will offer comprehensive market…
Read More...

One Rock Capital Partners announced that an affiliate has entered into an exclusive agreement relating to the planned acquisition of Europe Snacks, a leading private label manufacturer of savory snacks for the European market.
Read More...

California-based subsidiary of global Top 10 flavor & fragrance company T. Hasegawa Co., Ltd. broadens its flavor portfolio, geographical footprint and technical capabilities within North America with the acquisition of Abelei Flavors,…
Read More...

Grupo Bimbo is strenghtening its position in Brazil with the acquisition of local bakery group Wickbold. As part of the deal, the Mexican bakery giant is picking up four more factories in southern Brazil. More than 2,500 staff work for…
Read More...

Natasha Chen has been appointed President North America of the Barry Callebaut Group, effective September 16, 2024. She succeeds Ben De Schryver who has decided to leave the company to pursue other opportunities.
Read More...

Spanish bakery Europastry has acquired Dutch frozen bakery company De Groot Edelgebak, continuing its expansion in Europe. This latest deal is expected to boost Europastry’s revenue by EUR16.5m, taking its total revenue to over USD1bn.
Read More...

Following the acquisition of Kellanova by Mars, which closed in August for USD35.9bn, experts are exploring how this major business deal will affect the positioning of the brands in the companies' portfolios and the global market at large.…
Read More...

The Board of Directors of Nestlé has appointed Laurent Freixe, currently Executive Vice President and CEO Zone Latin America (LATAM), as Chief Executive Officer Nestlé S.A., effective September 1. The Board has also nominated Laurent Freixe…
Read More...