Former Archer Daniels Midland executive Brent Fenton was named president of St. Louis-based AB Mauri North America, a leader in yeast and bakery ingredient solutions. Fenton succeeds Mark Prendergast, who was named to the new position of…
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Bunge has made a CAD30m capital investment in Merit, giving the global ingredient supplier a minority interest in the Canadian-based company. The partnership will expedite the construction of Merit’s state-of-the-art plant-based protein…
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Givaudan has announced it is rebranding its Flavor and Fragrance divisions to reflect its expanded product offering to its customers. With immediate effect, the Flavor Division will become Taste & Wellbeing, highlighting its global…
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Stefan Scheiber, CEO of Bühler Group, was elected as a new member of the Board of Directors of Bühler Holding AG, at an extraordinary general shareholders’ meeting on August 28, 2020. Ruth Metzler-Arnold announced she would resign from the…
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Flowers Foods, Inc. recently announced that its board of directors elected three new independent directors, thus expanding the board from eight to 11 members. Commenting on the board elections, Ryals McMullian, Flowers Foods' president and…
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A sale of struggling European bakery Aryzta is said to be still an option to be considered, with US companies Flowers Foods and Hostess Brands reportedly among potential buyers. Along with Flowers and Hostess, Japan's Yamazaki Baking and…
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Ardent Mills has announced significant investments to enhance its retail flour packaging capabilities. As part of these initiatives, the company will add a retail packer to its current operations in the Mt. Pocono Mill in Pennsylvania,…
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Unifiller and the Linxis Group of Companies announced the appointment of Martin Murphy as the new Chief Executive Officer of Unifiller Systems Inc., commencing August 10, 2020. Murphy comes to Unifiller with 32 years of extensive…
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PepsiCo recently announced that Roberto Azevêdo, currently director-general of the World Trade Organization (WTO), has been appointed executive vice president and chief corporate affairs officer, effective September 1, 2020. In this newly…
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FAT (Fresh. Authentic. Tasty.) Brands Inc. announced that it has agreed to acquire the Johnny Rockets restaurant chain from an affiliate of private equity firm Sun Capital Partners, Inc. for approximately USD25m. The deal will be funded…
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Nestlé Health Science has agreed to acquire the business of IM HealthScience with its brands of IBgard®, FDgard®, Fiber Choice® and REMfresh®. "The IMH products offer proven and trusted solutions for the dietary management of specific…
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Schwan’s has announced plans to build a new 400,000-square-foot expansion at its pizza-manufacturing facility in Salina, Kansas. The new facility will result in up to 225 new, full-time jobs by 2023 in Salina and include automated…
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French bakery manufacturer Bridor recently shared its key focus areas for the post-COVID hospitality environment. The company has outlined nine key pillars critical to its business strategy in the months ahead.
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Ingredion recently released its Q2 results, with year-to-date net sales down from the year-ago period, primarily driven by sales volume declines in North and South America. In South America, the company’s reported and adjusted operating…
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Starbucks says it's seeing steady recovery as its stores reopen, but it expects the impact of the new coronavirus to last well into the fall. The coffee giant said August 4 that revenue in its fiscal third-quarter plummeted 38% to USD4.2bn.…
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According to the company's latest financial report, second-quarter sales exceeded expectations at Kellogg Co., especially for ready-to-eat cereal and frozen foods, prompting management to raise earnings and sales guidance for the full year.…
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The retailer, one of the largest coffee and doughnut chains in the world, is permanently closing 8% of its U.S. locations, according to CNN. The company described the closures as “real-estate portfolio rationalization” in its second-quarter…
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Dot’s Homestyle Pretzels are now available to customers throughout West Virginia, thanks to a partnership with Mister Bee Potato Chips. After Mary Anne Ketelsen, CEO of Mister Bee Potato Chips, tried and loved the product, she decided to…
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