Business
Limagrain Inaugurates New Production Line
Limagrain Ingredients announced it was significantly developing its production capacity through an investment of over EUR9m in its site of Arques, in Northern France. After 20 months of work, Limagrain Ingredients has extended the existing…
Read More...
Read More...
McCain Foods Hires Bankers to Lead Sara Lee Sale in Australia
McCain Foods has hired Rothschild Australia’s investment bankers to auction its frozen dessert and baked goods brand Sara Lee, and the bankers have been quick to target domestic private equity outfits and potential trade buyers.
Read More...
Read More...
Ferrero to Acquire Fox’s Biscuits Assets for GBP246m
A Ferrero-related company has agreed to acquire part of Fox’s biscuit business from 2 Sister Food group for GBP246m. As part of the deal, the Ferrero company will acquire two of the three Fox’s manufacturing facilities at Batley and Kirkham…
Read More...
Read More...
U.S. Success for Tecnopool
Tecnopool has earned a key role in the North American food processing market thanks to key factors including a good understanding of the culture, its in-country presence, personal relationships and technical expertise. North America is…
Read More...
Read More...
AAK Expects Higher Operating Profit for Third Quarter
AAK AB announced it expects to report an operating profit for the third quarter 2020 that is slightly higher than the corresponding quarter last year, well above what was expected at the beginning of the third quarter, and higher than…
Read More...
Read More...
Project D’s Doughnut Business Gets Award
Luxury doughnut makers Project D have won an award for innovation as recognition of their entrepreneurial spirit during lockdown. The company, which sells handcrafted, brightly colored doughnuts in Derby, UK, was given the accolade by an…
Read More...
Read More...
McDonald’s Adds Bakery Items to U.S. Menu
McDonald’s is adding baked goods to its permanent menu in the U.S., for the first time in more than eight years as the fast-food chain tries to revive its breakfast sales. Starting October 28, customers will be able to buy an apple fritter,…
Read More...
Read More...
Stern-Wywiol Gruppe Creates Plant-ingredient Company
The Stern-Wywiol Gruppe recently announced the creation of a new subsidiary entity called Planteneers – The Plant Based Pioneers. Initially a part of Hydrosol, a specialist for stabilizing and texturing systems and also a Stern-Wywiol…
Read More...
Read More...
Utz Acquires H.K. Anderson Assets From Conagra
Utz Brands announced that its subsidiary Utz Quality Foods has entered into a definitive agreement with Conagra Brands to acquire certain assets of the H.K. Anderson business, a leading brand of peanut butter-filled pretzels. The…
Read More...
Read More...
Fazer Closes Karkkila Factory; Operations Relocate
Fazer Group has recently announced it has decided to close the production facility in Karkkila and to move its operations to Fazer’s factory in Lappeenranta. Karkkila lacks the same development possibilities as Fazer’s factory in…
Read More...
Read More...
La Brea Bakery Invests in Automation
La Brea Bakery, one of the US's most recognizable artisan bread brands, announced that it will be introducing new automation processes to help support its brand growth and expansion. La Brea Bakery distributes its products to grocery stores…
Read More...
Read More...
Aryzta Shareholders Elect Urs Jordi to Chair
Urs Ernst Jordi was elected chairman of Aryzta AG at the completion of the company’s extraordinary general meeting (EGM) of shareholders on September 16. A total of 65.79% of shareholders voted for Jordi, compared with 34.04% who voted…
Read More...
Read More...
Private Investment Firm Acquires Halo Foods
An affiliate of Peak Rock Capital, a middle-market private investment firm, recently announced that it has completed its acquisition of Halo Foods Ltd. in partnership with the management team of Halo. Headquartered in Newport, Wales (UK),…
Read More...
Read More...
Cargill Builds USD21m House of Chocolate Complex
In a move to facilitate better product development and enhance the customer collaboration experience, Cargill unveiled its plans for a “House of Chocolate” complex at its Mouscron, Belgium site. The complex, which will be built alongside…
Read More...
Read More...
Nestlé and Dawn Foods Enter Partnership
Nestlé Professional and Dawn Foods have signed a long-term contract for co-branding cooperation in the EMENA Region (Europe, Middle East & North Africa), partnering in product innovation for a range of sweet bakery products, starting…
Read More...
Read More...
New Project Director for interpack
Thomas Dohse has been named project director of interpack since the start of September. He follows Bernd Jablonowski, who rose to the managing board of Messe Düsseldorf as an executive director. Thomas Dohse has a great deal of experience…
Read More...
Read More...
AMF Appoints New U.S. & LATAM Operations VP
AMF Bakery Systems recently welcomed David Burke as vice president of Operations for the U.S. and Latin America. Burke joins the company with a strong background in leadership positions in manufacturing, supply chain, and continuous…
Read More...
Read More...
Baked Earth Brand Baker, Butt Foods, Expands Into Retail
Specialist naan bread and flat bread bakery Butt Foods has expanded into the retail sector with its Baked Earth brand as part of a plan to diversify. The third generation Nottingham-based company, which is celebrating 30 years in the bakery…
Read More...
Read More...
