The Kraft Heinz Company has announced plans to separate into two independent, publicly traded businesses in a tax-free spin-off, a move aimed at accelerating growth, sharpening strategic focus, and unlocking long-term shareholder value.
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Puratos has expanded its presence in Canada with the opening of a new Innovation Centre in Montreal, its third facility in the country. The new hub complements existing centres in Mississauga, Ontario, and Chilliwack, British Columbia, and…
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Bunge Global SA has entered into a purchase agreement with Solae to acquire the lecithin, soy protein concentrate and crush operations of International Flavours and Fragrances (IFF).
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The 250th café, located in Frederick MD, is led by a passionate entrepreneurial team. Waseem Mohamad, a former general contractor for Paris Baguette with years of experience building multiple cafés.
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Corbion and US-based biotech company Kuehnle AgroSystems (KAS) have entered into a strategic partnership to develop and commercialize a high-quality, natural astaxanthin derived from non-GMO heterotrophic algae.
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Ardent Mills, a flour-milling and ingredient company, has entered into an agreement to acquire Stone Mill, a specialty grain cleaning facility located in Richardton, North Dakota. The potential acquisition comes as part of Ardent Mills'…
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European bakery manufacturer Baker & Baker has reported revenue, gross profit, and adjusted EBITDA growth for its 2024 financial year, reflecting a solid performance amid inflationary pressures and evolving market conditions.
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Angel Yeast led the Chinese baking team to first place at the 53rd International Young Bakers Competition, held by the International Union of Bakers and Confectioners (UIBC) in São Paulo, Brazil, from July 20-24.
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Plantible has been named the winner of The Pitch at IFT FIRST: Annual Event and Expo 2025, held July 13–16 in Chicago. Organized by the Institute of Food Technologists (IFT), the rapid-fire pitch competition spotlights early-stage food tech…
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Award-winning food tech company Win-Win, creators of the UK’s first cocoa free alternative to chocolate, announces a major DACH distribution deal with Martin Braun Backmittel und Essenzen KG, who are part of Martin Braun-Gruppe.
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AWAKE Chocolate, the maker of functional, caffeinated chocolate bites and bars, announced the successful close of an USD5.85m investment round. The funding comprises a significant contribution from Btomorrow Ventures (BTV), the corporate…
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AMF Bakery Systems announced a series of leadership and organizational changes aimed at accelerating the company’s strategic growth, enhancing innovation, and strengthening operational execution across global markets.
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Inter Europol acquired a 100% stake in the Croatian company PAN-PEK, one of the country’s leading producers and distributors of bakery products. This represents a significant step forward in the development and positioning of the Inter…
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FrieslandCampina Professional and IMCD have announced an expansion of their strategic partnership to cover additional EMEA markets, effective 1 January 2026. Under the extended agreement, IMCD will become the exclusive distributor for…
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A new global force in food ingredients has officially launched with the debut of Nexture, a holding company bringing together the CSM Ingredients Group and the Italcanditi Group under a unified banner.
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Finnish food giant Fazer is embarking on a major renewal of its chocolate production with an investment of approximately EUR 400m in a new state-of-the-art factory in Lahti, Finland. The factory, which will be located in the Pippo…
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Ferrara Candy Company’s European holding company has entered exclusive talks to acquire CPK Group, a leading French confectionery manufacturer, from global investment firm Eurazeo.
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Ferrero Group has announced a definitive agreement to acquire WK Kellogg Co for EUR2.87bn (USD3.1bn), bolstering its strategic expansion in the North American breakfast market.
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