Business
Lallemand and Ohly Enter Into Long Term Partnership
Ohly has agreed to divest its Hutchinson Torula Yeast facility and associated business to Lallemand, a leading global producer of yeast and bacteria based products, with immediate effect. The divestiture follows a strategic review by Ohly..
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pladis Appoints A. Salman Amin as Global CEO
Snacking company pladis has appointed A. Salman Amin as global CEO. Salman will be taking over the leadership officially in February and will be responsible for all categories and regions, according to the company, which is a division of…
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Patisserie Valerie Closes 71 Stores
Patisserie Holdings plc have confirmed the closure of a number of loss-making outlets including 27 Patisserie Valerie stores and 19 Druckers stores. In addition, 25 Patisserie Valerie concessions in Debenhams, Next and at motorway service…
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Bunge Names New Acting Chief Executive Officer
Bunge Limited (NYSE: BG), announced that Board member Gregory A. Heckman, has been appointed Acting Chief Executive Officer, effective immediately. He replaces Soren Schroder, who previously announced his intention to step down.
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ADM to Acquire Gleadell Agriculture Ltd and Dunns Ltd
Archer Daniels Midland Company (ADM) has announced it has signed an agreement to purchase the remaining 50% stake of Gleadell Agriculture Ltd., currently jointly owned by ADM and InVivo, including Gleadell’s wholly owned subsidiary Dunns…
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Fazer Group to Close Baking Facility
Finnish food company Fazer Group has announced its plans to close its baking facility located in Oulu, Finland. The company said it was transferring its operations in Oulu to other Fazer bakeries in the country. Some 83 employees will be…
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Cargill Announces USD200m Investment in Pakistan
Cargill recently announced its plans to invest more than USD200m in its Pakistan operations over the next three-to-five years. The announcement was made in the meeting when Cargill’s global executive team, led by Marcel Smits, head of…
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Pros and Cons of Promoting Foods High in Fat, Sugar and Salt in the UK
The UK’s Department of Health and Social Care (DHSC) is seeking views on its plans to restrict promotions of food and drink products high in fat, sugar and salt (HFSS) by location and by price. The Food and Drink Federation (FDF) was one of…
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New President for Lallemand’s North American Bakers Yeast Business
Lallemand’s North American Bakers Yeast Business has appointed Audrey St. Onge as new president and CEO. She succeeds Gary Edwards, appointed senior VP and special Advisor in 2018. St. Onge was most recently Senior VP of Operations with the…
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Givaudan Opens New Flavors Technical and Commercial Center in Casablanca
Givaudan has inaugurated a new flavors technical and commercial center in Casablanca, Morocco. The CHF1.2m (EUR1m) investment is part of the company’s 2020 high-growth markets strategy and commitment to the Maghreb and West Africa…
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Minebea Intec Wins Awards for Innovation in Detection Technology
The global provider of industrial weighing and inspection technologies Minebea Intec won four product awards at the Readers Choice Awards by the international online platform „Automation Inside“. The annual Readers‘ Choice Awards of…
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Nestlé Closes Its Factory in Romania
Nestlé, the world's largest food and beverage company, announced its decision to close down its wafer production facility in Timisoara, Romania, company representatives confirmed for Worldbakers.com. The factory, which was producing the Joe…
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Mondelēz Moves HQ and 400 Jobs to Fulton Market
Mondelēz International will move its global headquarters from the Chicago suburb of Deerfield to a new site in the city’s West Loop. The company is planning to relocate more than 400 employees to Chicago's Fulton Market District from…
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Fortuna Now part of the Koenig Group
The Austrian Koenig Group will continue the business of the bakery machine manufacturer Fortuna, starting with January 2019. The company, headquartered in Bad Staffelstein in Upper Franconia, filed for bankruptcy in October 2018. As of the…
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Cargill Launches Veliche Gourmet in the Netherlands
Cargill has launched its artisan chocolate brand Veliche Gourmet in the Netherlands at the country’s hospitality fair – Horecava, in Amsterdam. Inge Demeyere, managing director for Cargill’s chocolates and compound activities in Europe…
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Orkla Acquires Danish Bakery Products Manufacturer
Orkla, through its Orkla Foods Danmark subsidiary, has entered into an agreement to acquire 90% of Easyfood, a Danish producer of bread-based convenience products for the out-of-home channel. Founded in 2000, Easyfood had a turnover of…
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AIB International Hires New Head of Global Sales Strategy
AIB International has hired Steve Robert as vice president, global sales, effective January 1, 2019. “Steve brings extensive industry expertise, as well as a different strategic approach to how AIB International can drive and inspire the…
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Ingredion to Accelerate Growth in Plant-based Proteins
Ingredion has announced steps to accelerate production of plant-based proteins globally. The combined USD140m of strategic investments will further position the company with an expanded, broad range of plant-based protein solutions to…
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