Business
Givaudan Completes Acquisition of Ungerer
Givaudan has announced it has completed the acquisition of Ungerer & Company, the US based flavor, fragrance and specialty ingredients company. The agreement was announced in November 2019.
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Equinom Raises USD10m to Accelerate Growth
Equinom, Ltd., the leading seed breeding startup, announces it has closed its Series B round of funding of USD10m, led by BASF Venture Capital, Germany followed by Roquette, France, and Trendlines Group, Israel. Equinom's current investor,…
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Harris Williams Advises Lancaster Foods on its Sale to The Coastal Companies
Harris Williams, a global investment bank specializing in merger & acquisition advisory services, announces that it has advised Lancaster Foods, a subsidiary of Guest Services, on its sale to The Coastal Companies, a portfolio company…
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The Cheesecake Factory Named to Fortune’s ‘100 Best Companies to Work For’ List
The Cheesecake Factory Incorporated has been recognized as one of the Fortune 100 Best Companies to Work For for the seventh consecutive year, according to Fortune and Great Place to Work®, the global authority on workplace culture.
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Platinum Equity Acquires Biscuit International
Platinum Equity has announced the acquisition of Biscuit International, a leading European manufacturer of private label sweet biscuits. Headquartered in Paris, Biscuit International employs approximately 1,900 people and generated sales in…
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Barry Callebaut Opens World’s First 3D Printing Studio
The Barry Callebaut Group has announced the launch of the world’s first personalized 3D printed chocolate at scale, through its global decoration brand Mona Lisa. Mona Lisa is the first brand to launch personalized 3D printed chocolate at…
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CurlyTop Baker Starts Production at Their First Facility
CurlyTop Baker, a gourmet cookie company in Henderson, Nevada, USA, will be holding a ribbon-cutting ceremony at their first manufacturing/kitchen facility on February 19. Also, the CurlyTop Baker team will be feeding the homeless at Sunset…
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Le Pain Quotidien Saves 6,000 Meals from Going to Waste
Renowned neighborhood bakery and restaurant chain, Le Pain Quotidien, and leading food waste fighting app, Too Good To Go, have announced that they have saved over 6,000 meals from going to waste in the first six months of their…
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Grupo Bimbo Expands Its Operations to Kazakhstan
Grupo Bimbo, through its subsidiary Bimbo QSR, announced a joint venture with Food Town, the exclusive buns supplier and franchisee of McDonald’s in Kazakhstan. This joint venture, in which Grupo Bimbo holds a 51% share, strengthens the…
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Nestlé Appoints New Independent Member of the Board of Directors
Nestlé has announced that it proposes Hanne Jimenez de Mora, co-founder and chairperson of management consulting company a-connect (group) AG and formerly a partner with McKinsey & company, for election to its board of directors.
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GlobalData: Small Misses Hurt Nestlé Shares despite Progress
Nestlé reported commendable annual results, most notably the fastest organic growth in four years and success in achieving a key margin target, yet the world's largest food manufacturer shares headed into the red as a number of metrics…
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Kemin Food Technologies Appoints Manager for Its American Bakery Team
Kemin Industries, a global ingredient manufacturer, has announced that Emily Guilfoyle has joined Kemin Food Technologies – Americas as the bakery R&D manager. As bakery R&D manager, Guilfoyle leads the bakery R&D team through…
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Bühler and Givaudan Join Forces to Open Unique Innovation Center in Singapore
Bühler and Givaudan are bringing their global partnership to Asia to build an Innovation Center dedicated to plant-based food. The new facility is planned to open in Singapore later this year. "The projected population of 10 billion people…
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Allied Bakeries Workers Back Strike Over Pay
Unite union members at Allied Bakeries in Belfast have voted by 75% for strike action in pursuit of a 5% pay increase. Their action is likely to severely dent pancake production during the peak build-up to Shrove Tuesday, which is…
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Bundy Baking Solutions Appoints New President of American Pan Europe & MENA
Gilbert Bundy, CEO Bundy Baking Solutions, has recently announced the appointment of Jason Bowman as president of European and MENA operations. Bowman has been with Bundy Baking Solutions for over 10 years and has been instrumental in the…
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Ardent Mills Acquires Quinoa Operations from Andean Naturals
Ardent Mills has announced their intention to further invest in specialty grain capabilities and The Annex by Ardent Mills (The Annex) by purchasing Andean Naturals, Inc.’s quinoa sourcing, cleaning and packaging operation in Yuba City,…
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NBA 2K and Panera Bread Become Partners
The NBA 2K League has announced a partnership with Panera Bread ahead of the 2020 NBA 2K League Draft, which will be held Saturday, February 22 at 6 p.m. ET at Terminal 5 in New York City. The event will be live-streamed on the NBA 2K…
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Corbion Announces New Member of Its Supervisory Board
Corbion’s supervisory board had announced it has nominated Ilona Haaijer to be appointed to the supervisory board for a four-year term as of the annual general meeting of shareholders (AGM) in May 2020. Haaijer brings extensive experience…
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