Business
tna Appoints Matthew Walters to Lead African Operations
Food processing and packaging solutions provider tna has appointed Matthew Walters as branch manager to head up its African operations. Based in tna’s Johannesburg (South Africa) office, Walters will be responsible to support food…
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Orkla Inaugurates New Headquarters in Oslo
Orkla has opened the gates of its new headquarters at Skøyen, Oslo. Present at the event, the Minister of Trade and Industry, Torbjørn Røe Isaksen cut the ribbon officially inaugurating the new building.
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ADM and Cargill Develop Digital Grain Marketing Tools
Archer Daniels Midland Company and Cargill have successfully completed their transaction, formally launching Grainbridge, LLC. The joint venture will develop digital tools to help North American farmers consolidate information on production…
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AAK Invests Over EUR28m in China Facility
AAK has decided on some significant add-on investments to increase capacity and support volume growth for, in particular, its Special Nutrition and Bakery segments. The decision comes 18 months after inaugurating the production facility in…
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Barry Callebaut Opens New Chocolate Academy Center in Beijing
The Barry Callebaut Group announces the opening of its new office and its new Chocolate Academy center in Beijing, which will provide better assistance to Barry Callebaut’s local customers with onsite training and application support.
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Global Bakeries Acquires Bubbles Baking
Global Bakeries completed its acquisition of California’s Bubbles Baking Co. (“Bubbles”) lead by Surge Private Equity. For over 55 years, Bubbles has been serving large grocery stores and commercial retailers across the nation. With 55…
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Cargill Intends to Acquire Belgian Supplier of Chocolate Smet
Cargill’s cocoa and chocolate business and Smet, a leading Belgium-based supplier of chocolate and sweets decorations to the food service and confectionery markets, announce their intent to bring together their global gourmet chocolate…
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AAK Acquires Foodservice Company BD Foods
AAK has acquired British foodservice company BD Foods located in St Leonards-on-Sea on the south coast of England. BD Foods is a producer of tailor-made restaurant quality meal accompaniments and had revenues of approximately SEK120m…
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Dr. Matthias Moser Takes Over the Management of SternEnzym
Dr. Matthias Moser has taken over the management of SternEnzym GmbH & Co. KG in Ahrensburg, a specialist in developing and producing enzymes to meet the challenges of the food industry, including baked goods.
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Japan’s Nisshin Seifun to Buy Australia’s Allied Mills
Japanese flour maker Nisshin Seifun announced it would buy Australia's Allied Mills from private equity firm Pacific Equity Partners for AUS574m (USD412m), in its latest step overseas to offset a shrinking local market.
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Four Food Producers Among the World’s Most Ethical Companies
Kellogg Company, Grupo Bimbo, Ingredion and PepsiCo have been recognized by the Ethisphere Institute, a global leader in defining and advancing the standards of ethical business practices, as one of the 2019 World's Most Ethical Companies.
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Burford Finds New Vice President of Sales
Burford Corp. has announced the promotion of Clay Miller to Vice President of Sales. Miller’s career with Burford started in 2001 when he was hired just one year out of college as a mechanical engineer.
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Hovis and TerraCycle Announce Bread Bag Recycling Scheme
Bread producer Hovis has launched a recycling initiative for its LDPE bread bags in partnership with the specialist recycler TerraCycle. According to Hovis, all of its bread bags are recyclable through plastic bag collection points at…
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EHL Ingredients Invests GBP1m into Expanding Stockport Base
EHL Ingredients has grown into a new 8000 sqf site on the Broadstone Industrial Estate, in Manchester, UK, to keep up with growing customer demand for its products.
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Update: Glanbia Nutritionals Acquires American Ingredient Supplier
Glanbia Nutritionals has announced the acquisition of Watson, a U.S. based manufacturer and supplier of high-quality custom nutrient premix, bakery ingredients, edible film and material conditioning solutions for the nutrition, food and…
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Coca-Cola HBC Buys Serbian Confectionery Firm Bambi
Soft drink bottler Coca-Cola HBC acquires Serbian biscuit and confectionery maker Bambi for an enterprise value of EUR260m from private equity investor Mid Europa Partners. The Swiss-based company, which bottles and sells Coca-Cola Co…
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Flower Foods Appoints New CEO
Flowers Foods, Inc, producer of Nature's Own, Wonder, Tastykake, Dave's Killer Bread, and other bakery foods, has announced that Ryals McMullian, the company's chief operating officer, has been elected president and CEO, effective as of…
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Japanese Operator H2O Joints Venture to Sell More Bread in Taiwan
Japanese department store operator H2O Retailing Corp. will set up a joint venture in Taiwan to meet growing consumer demand for freshly baked bread. H2O will upgrade its partnership with PX Mart Co., a local supermarket chain...
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