FF2032, Lotus Bakeries' corporate venture fund, announced it closed a minority investment in US company Partake Foods. Partake is a fast-growing brand that markets gluten-free and allergy-friendly cookies, all of which are free from the…
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Following two successful stretches and nearly 17 total years with AIB International, Stephanie Lopez, vice president of Operations, Americas, will be departing the company next month. Lopez has chosen to venture outside the food safety…
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Corbion has closed the sale of its frozen dough business (located in East Rutherford, New Jersey) to Frodo Baking Company. The new business owner is expected to hire most of the employees of the frozen dough business and will take over the…
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Mondelez International Inc. announced it has acquired healthy snack and paleo chocolate maker Hu Master Holdings, according to an earlier report in the Wall Street Journal. Terms of the deal were not disclosed, but Mondelez said the deal…
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TMG, owner of MECATHERM, has acquired a majority stake in ABI Auto-Bake Industries Ltd., a leading Canadian designer, manufacturer and integrator of industrial baking equipment. Supported by Unigrains, this transaction strengthens the…
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McCormick & Company Inc. recently announced that it has purchased 100% of the shares of FONA International, LLC, a leading manufacturer of clean and natural flavors providing solutions for a diverse customer base across various…
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Tate & Lyle PLC announces that John Cheung joined the Board as a non-executive director and a member of the Audit and Nominations Committees on 1 January 2021. Previously an executive director of nutrition group China Feihe Limited,…
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AMF Bakery Systems announced the appointment of Alexander Beuschlein as Midwest Regional Account Manager for the United States. Beuschlein will focus on fostering new customer relationships and strengthening production line support for…
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The UK-based Finsbury Food Group has announced a three-year extension to its existing long-term partnership with chocolatier Thorntons. Finsbury’s and Thorntons’ collaboration and expertise has driven the celebration cake market for the…
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FRITSCH ROLLFIX machines have been on commission at vocational schools of the Akademie Deutsches Bäckerhandwerk and at many other cooperative partners of the baking industry for many years. In total, FRITSCH machines are on commission at…
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Elliott Advisors (UK) Ltd., an affiliate of Elliott Management Corp., on November 23 confirmed that it made an offer to acquire all of the outstanding shares of Schlieren, Switzerland-based Aryzta AG for CHF0.80 per share (88 cents per…
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KIND, a healthy snacking company, recently announced it has entered an agreement to acquire Nature's Bakery, a family-owned company that offers wholesome snacks, such as Fig Bars and other soft-baked foods. This partnership will extend…
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DKSH has signed an exclusive distribution agreement with Omya, a global producer of mineral-based solutions, for France and Spain. DKSH’s Business Unit Performance Materials has become the exclusive distribution partner for Swiss-based…
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Zeelandia UK has officially launched its multi-million pound investment in a new, purpose-designed technical center in Colchester, Essex. The company moved there from its previous site in Billericay, Essex, as part of their ongoing growth…
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ADM and InnovaFeed, the world leader in producing premium insect ingredients for animal feed, recently announced plans to collaborate on the construction and operation of the world’s largest insect protein production site, in Decatur,…
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Reading Bakery Systems (RBS), one of the world’s leading manufacturers of snack production systems, has announced the promotion of Kyle Sensenig to project manager. In his new role, he will work closely with customers to manage the…
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Kraft-Heinz’s recent deal to conduct research on fermented ingredients with APC Microbiome allows the company to take up new, novel flavors and formulations that are likely to appeal to experimental consumers. The company plans to outsource…
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The company has appointed investment banks Houlihan Lokey and Alantra to advise on selling unwanted assets to allow it to simplify its business and concentrate on “core markets". The stage had been set for the company to focus on unit sales…
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