Business
Middleby Acquires JC Ford, Leader in Chip and Tortilla Production Systems
The Middleby Corporation announced the acquisition of JC Ford, a leading manufacturer of tortilla production equipment systems. Founded in 1945, the company is based in Columbia, Tenn., and has USD70m in annual revenues.
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Bimbo Buys Slovenian Baking Company
Slovenian baked goods group Don Don, which is present across large parts of the Balkans, has become a part of Grupo Bimbo, the largest baker in the world, Slovenian media reports. The value of the transaction has not been disclosed.
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Daymer Ingredients to Distribute Revyve’s Texturising Ingredients in the UK
British ingredients supplier, Daymer Ingredients, has signed a distribution agreement with Dutch FoodTech company, revyve, to offer its natural, sustainable, animal-free texturising ingredients to UK food and beverage manufacturers...
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EUROGERM Inaugurates Bio-Fermentation Plant in Burgundy
EUROGERM opened its new bio-fermentation plant, located in the Dijon-Bourgogne ecopark in Saint-Apollinaire, France. The launch of operations at the bio-fermentation plant marks a strategic turning point in the deployment of EUROGERM’s…
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SIAL Innovation Awards Announced
The much-anticipated winners of the gold, silver, and bronze awards, along with the special 'Own The Change' prize and the People's Choice Award, were unveiled at the SIAL Innovation 2024 Awards Ceremony, spotlighting the year’s most…
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Nestlé Changes Its Structure and Executive Board
The Nestlé Board of Directors has approved changes to the company’s organization, effective as of January 1, 2025. Zone Latin America (LATAM) and Zone North America (NA) will merge to form Zone Americas (AMS), which will be led by Steve…
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Indonesia: Angel Yeast Invests USD43m in New Subsidiary
Chinese company Angel Yeast is partnering with Indonesian agricultural company PT.Tunas Baru Lampung Tbk to set up a subsidiary and acquire land to develop yeast production projects, in a move to further optimize Angel Yeast...
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Givaudan Taste & Wellbeing Breaks Ground on New Production Facility in Indonesia
Givaudan, a global leader in Taste & Wellbeing, announced the ground-breaking of its new, state-of-the-art production facility in Cikarang, Indonesia, reinforcing its commitment to the South East Asia region. The new site, which will…
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Emmi Acquires Mademoiselle Desserts
The Emmi Group has acquired the French pastry manufacturer Mademoiselle Desserts Group. This will allow the Emmi Group to double its sales share in the strategic premium desserts niche. Mademoiselle Desserts generated annual sales of around…
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Lesaffre Acquires a Majority Stake in Biorigin
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…
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Imen Ouerdiane appointed as Sales Director EMEA at BENEO
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…
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Ferrero Opens New USD214m Kinder Bueno Production Facility in Illinois
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…
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Italcanditi and CSM Ingredients Join in New Brand, Vitalfood
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,…
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Pepsico to Acquire Siete Foods for USD1.2bn
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…
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Fedima’s Annual General Assembly in Istanbul Discusses Drivers of Change in the Sector
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.
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Mondelez to Acquire Chinese Bakery Evirth
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…
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Kellanova Selling Participation in Egyptian Snacks Company
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…
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Rise Baking Company Acquired by Platinum Equity and Butterfly
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…
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