Business
Duravant Appoints New CTO
Duravant LLC, a player in the equipment and automation solutions to the food processing and packaging sectors, has announced the appointment of Louis Vintro, to the position of Chief Technology Officer. ”We are very pleased to have Louis at…
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Fazer Concludes Organizational Restructuring
Fazer has concluded collaboration negotiations in support functions within the Group in Finland in order to simplify its organization and clarify roles in certain support functions for the improvement of strategy execution. According to the…
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PepsiCo Appoints New CEO of APAC Business
PepsiCo recently announced that Wern-Yuen Tan has been appointed CEO for the APAC, a role he will begin on June 15, 2020. He will be based in Singapore and will report to PepsiCo's CEO Ramon Laguarta. "All of us at PepsiCo are delighted to…
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Pizza Chain Offers Paid Time Off for Employees Who Want to Protest
The 700 employees at '&pizza' can take time off for activism efforts without fear of losing pay. The pizza chain recently announced it would offer its employees paid time off (PTO) for activism after George Floyd’s death, according to…
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Nestlé Plans USD100M Plant-Based Manufacturing Facility in China
Swiss food giant Nestlé recently announced that it will invest CHF100m (USD103m) to open a plant-based food manufacturing facility in the Tianjin Economic-Technological Development Area (TEDA), which is 72 miles outside of Beijing. The…
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RONDO Group Appoints New CEO
The board of directors of the RONDO Group has appointed Felix Egger as CEO, effective from May 1, 2020. Egger succeeds Bernhard Merki, who had accepted this position on an interim basis in 2019 in addition to his function as a member of the…
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Barry Callebaut to Acquire GKC Foods in Australia
The Barry Callebaut Group has signed an agreement to acquire GKC Foods (Australia) Pty Ltd, a producer of chocolate, coatings and fillings, serving many consumer chocolate brands in Australia and New Zealand. This strategic acquisition…
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Panera Launches Geofence-Enabled Curbside Service
Panera announced it aims to transform the curbside experience for its customers with the launch of Panera Curbside, a geofence-enabled service that allows guests to safely and easily get their favorite Panera meals served straight to their…
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The Bakery Cos. Acquires Laminated Dough Plant from Specialty Bakers
The US baked goods manufacturer announced the acquisition of a plant in Georgia from Specialty Bakers for an undisclosed amount. The addition will expand the company’s portfolio with laminated dough products as well as sweet baked goods.…
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Tate & Lyle Sets Sustainability Goals
Tate & Lyle has announced a set of ambitious environmental targets including a commitment to cut CO2 emissions 20% by 2025 and 30% by 2030. It also plans a 15% absolute reduction in Scope 3 CO2e emissions (other indirect emissions from…
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Dunkin’ Brands Announces New Vice President and Managing Counsel
Dunkin' Brands, the parent company of Dunkin' and Baskin-Robbins, recently announced the promotion of Ryan Schaffer to vice president and managing counsel. Schaffer will lead a team responsible for performing and supporting several critical…
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Bundy Baking Announces Global Organizational Changes
Bundy Baking recently announced global organizational changes including enhanced roles for family and long-time business area leaders. “The company has experienced significant expansion over the last several years. Providing global…
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Aryzta Announces Strategic Review as Market Value Plummets
Aryzta has announced a strategic review of the company as a result of another drop in its market valuation. The company behind Cuisine de France bread and doughnut maker Otis Spunkmeyer said it appointed financial advisory group Rothschild…
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Mondelēz International Reports Sustainability Advancements
Mondelēz International recently published its 2019 Snacking Made Right Report, highlighting the company’s significant progress towards achieving its 2025 sustainable and mindful snacking goals. “As we collectively manage the global impact…
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Le Pain Quotidien Carries On Without US and UK
Belgian bakery chain Le Pain Quotidien is working on a plan to resume operations. It is currently working through insolvency proceedings and is handing over its American and British branches via master franchising. Le Pain Quotidien is to…
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Bühler Group and Premier Tech Turn Joint Venture into a Global Partnership
Bühler and Premier Tech have worked closely together in the interest of forming a 50/50 joint venture in China, PT-Bühler, which will officially start on July 1, 2020. The strategic cooperation between Swiss Bühler Group and Premier Tech…
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DuPont Sees Growth in Nutrition & Biosciences Segments
DuPont has released its 2020 first quarter results, noting substantial growth in its Nutrition & Biosciences segment, with its probiotics section seeing its strongest growth period to date. The company’s Nutrition & Biosciences…
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RIBUS and Innovative Proteins USA Join Forces
RIBUS, Inc. announced they have joined forces with Innovative Proteins USA to purchase a manufacturing plant in Galesburg, IL. The group purchased the manufacturing site from J. Rettenmaier USA LP and plan to renovate and begin production…
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