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50 million USD: W. P. Carey buys 4 Best Brands plants

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New York / NY. (cc) Investment firm W. P. Carey + Co. LLC announced that CPA®:16 Global, its publicly held non-traded REIT affiliate, has purchased four manufacturing facilities from Best Brands Corp

7-Eleven USA: aims to convert stores by 2012

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Dallas / TX. (prn) 7-Eleven Inc., the world´s largest convenience retailer and ranked among U.S. top franchisors, is continuing its aggressive plan to convert the vast majority of its company-operate

85 Degrees Coffee: to open first Beijing store

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Taichung / TW. (udn) Taiwanese coffee shop and bakery 85 Degrees Coffee opened its first store in Beijing, reports the Chinese United Daily News. The chain expects to reach 91 mainland China stores by

85 Degrees: talks about rapid growth

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Taipei / TW. (div) 85 Degrees Cafe, a brand specialised in coffee, cake and bakery, was funded 2003 in Taiwan. Now with over 320 stores in Formosa (and some more in Australia, the U.S. and China), it

AB Foods: announces profit growth in FY 2008

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London / UK. (abf) Associated British Foods PLC (ABF) -- owner of Allied Bakeries (Kingsmill, Burgen ...) -- has announced that it maintained strong financial performance in the last financial year, e

AB Foods: Raises Profit Forecast

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London / UK. (abf) Associated British Foods PLC (ABF) raised the group´s full-year earnings guidance, boosted by accelerated growth at the clothing chain and recovery in its sugar business.

AB Foods: Results will be in line with expectations

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London / UK. (abf) Associated British Foods (ABF) announced in a «Pre Close Period Trading Update» that its full year results to September 13, 2008 will be «in line with the expectations» with its

AB Foods: sells BSO Poland to Pfeifer + Langen

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London / UK. (abf) Associated British Foods PLC (ABF) has announced that it has reached agreement to sell its Polish sugar business, British Sugar (Overseas) Polska SP. z.o.o. (BSO Poland), to Pfeifer

ABB Grain: Solid result despite challenging environment

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Adelaide / AU. (abb) Premier Australian agribusiness ABB Grain Limited reported an underlying net profit after tax 30,6 million AUD for H1/2009, which is 3,0 million AUD or nine percent down on the pr

ABF: announces merger of Jordans and Ryvita

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London / UK. (abf) Associated British Foods PLC (ABF) has announced that it has reached agreement with UK breakfast cereal and cereal bar business, W Jordan + Son Limited, to merge the Jordans busines

ABF: Group revenue up 12 percent in FY 2009

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London / UK. (abf) Food, ingredients and retail group Associated British Foods PLC (ABF) delivers good results in difficult economic times - the company said in its 2009 annual results statement.

ABF: Pre Close Period Trading Update

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London / UK. (abf) Food, ingredients and retail group Associated British Foods PLC (ABF) forecast strong increases in sales and profits for its half year results to the end of February. They will show

ABF: Q3/2008 revenue rises 24 percent

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London / UK. (abf) Associated British Foods PLC (ABF) reported a 24 percent revenue growth in the third quarter due to enhanced business performance across its divisions, and said its trading since th

ABF: Weak pound helps to revenue surge

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London / UK. (abf) Associated British Foods PLC said in an interim statement, that the group revenue for the 40 weeks to 20 June was 19 percent ahead of the same period last year after allowing for th

ABF: Yeast and bakery ingredients traded well

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London / UK. (abf) Food, ingredients and retail group Associated British Foods PLC said that revenue from continuing businesses for the first 16 weeks was 17 percent ahead of the same period last year

Abu Dhabi: government launches five-year plan for food safety

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Abu Dhabi / UAE. (kt) The Abu Dhabi Food Control Authority has developed a five-year plan to ensure the public health and safety of food in the emirate, reported Khaleej Times.

Acquisition of Danisco Sugar: final agreement signed

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Braunschweig / DE. (nag) Nordzucker AG and Danisco A/S signed a final agreement concerning the acquisition of Danisco´s sugar division. Both parties have together analyzed again certain key financial

ADM: Releases First Corporate Responsibility Report

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Decatur / IL. (adm) Archer Daniels Midland Company (ADM) has made considerable progress in the areas of supply-chain integrity, environmental stewardship, social investing and safety since the Company

After four years: Interstate Bakeries emerges from Chapter 11

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Kansas City / MO. (ibc) Interstate Bakeries Corporation (IBC) emerged from its voluntary Chapter 11 financial reorganization. IBC and eight of its subsidiaries successfully concluded their financial r

Agrofert Holding: sales and profit down in 2009

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Prague / CZ. (div) In 2009 Czech Agrofert Holding saw consolidated sales fall by 15 percent to 85,89 billion Czech Crowns (CZK) and its net profit dropped by 700 million CZK to 3,73 billion CZK, group

Agrofert Holding: Sales fell four percent in 2009

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Prague / CZ. (div / ctk) In 2009 the unconsolidated sales at the Czech Agrofert Holding fell by 5,83 billion Czech Crowns (CZK) to 137,32 billion CZK, group owner Andrej Babis said to local newspapers

Agthia Group: saw strong revenue growth in 2008

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Abu Dhabi / UAE. (ag) Agthia Group P.J.S.C., a leading Abu Dhabi based food and beverages group, reported its Full Year financial results for 2008. The year saw strong revenue growth in each of Agthia

AIPC: has agreed to pay the US government 7,5 million USD

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Kansas City / MO. (aipc) American Italian Pasta Company, the largest producer of dry pasta in North America, announced that it has entered into separate settlement agreements with the U.S. Attorney fo

AIPC: Reports Fiscal Year 2009 Results

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Kansas City / MO. (aipc) American Italian Pasta Company, the largest producer of dry pasta in North America, announced 2009 net income of 88,3 million USD compared with 19,1 million USD in 2008.

AIPC: Revenues increased 53 percent in Q1/2009

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Kansas City / MO. (aipc) American Italian Pasta Company (AIPC) announced results for its first quarter of fiscal year 2009. The Q1/2009 contained 14 weeks, one week longer than the Company´s comparat

Allen Foods: to build new facility in Kansas

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Topeka / KS. (tcc) According to the Topeka Chamber of Commerce Allen Foods will build a new facility in Kansas. The facility will be constructed on a 20-acre site and create in excess of 50 new jobs.

Almarai: Profit up 42 percent on Sales in Q2/2008

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Riyadh / SA. (ac) In the first half of 2008 Saudi Almarai Company generated a consolidated net profit of 397,4 million SAR, an increase of 109,3 million SAR or 37,9 percent compared to the same period

Almarai: Q3/2008 profit rises, beats forecasts

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Riyadh / SA. (ac) For the nine months ended 30 September 2008, Saudi Arabian Almarai Company generated a consolidated net profit of 691,1 million SAR, an increase of 216,9 million SAR or 45,7 percent

Aloha from Hawaii: How loaves get frequent flier miles

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Honolulu / HI. (mn) This days a shipment of bread took such a long detour that it could have qualified for frequent flier miles. About 15 tons of Love´s Bakery bread was supposed to be delivered from

Altai: Bakeries get flour at reduced price

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Barnaul / RU. (rian) The Altai region specializing in production of foods is not scared of a bread crisis, «Novosti» reports. The bakeries will be provided with flour at reduced prices, which will m

Amalgamation: Cheryomushki Group cleans up

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Moscow / RU. (cg) In a press release the Russian Cheryomushki Group says it amalgamates several enterprises: KBK Cheryomushki, Pecar, Bread-baking plant No. 6, KBK Prostor, Algo, that produce bread an

American Blue Ribbon Holdings: Acquires Vicorp Restaurants

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Denver / CO. (vri) Vicorp Restaurants announced the sale of assets to American Blue Ribbon Holdings, a new entity formed by Fidelity National Financial and Newport Global Advisors. The motion to accep

American Italian Pasta: Reports Fiscal 2008 Results

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Kansas City / MO. (aipc) American Italian Pasta Company (AIPC), the largest producer of dry pasta in North America, announced results for the fiscal year ended September 26, 2008 and the filing of its

Analysts: «Is Flowers Foods about to blossom?»

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Thomasville / GA. (div) «Is Flowers Foods about to blossom?», several media ask themselves in the United States. The reason: Flowers Foods Inc. shares moved lower despite positive comments out of CN

APM: Dough maker acquired by two investment funds

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Hoerdt Cedex / FR. (div) French Alsaciennes de Pâtes Ménagères (APM) has been sold to the Investment funds Capzanine and Céréa Capital. The funds acquired an 80 percent stake, while the remaining

Argentina: General Mills sells Delicity bakery chain

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Buenos Aires / AR. (gm) General Mills Inc. is selling its chain of Delicity bakeries in Argentina in order to focus on growing its core brands and foodservice businesses. The sale transfers the owners

Ark Restaurants: Announces Results for Q4 and FY 2009

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New York City / NY. (arc) Ark Restaurants Corporation reported financial results for the fourth quarter and full year ended October 03, 2009. As of December 30, 2009, the Company had cash, cash equiva

Associated British Foods: Q1/2009 revenue climbs 21 percent

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London / UK. (abf) Associated British Foods PLC issued its Q1/2009 management statement, in accordance with the requirements of the UK Listing Authority´s Disclosure and Transparency rules, for the 1

Aunt Millie's: Bakery Announces Employee Layoff

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Fort Wayne / IN. (amb) Aunt Millie´s Bakeries Inc. recently announced that the family-owned company would be laying off 33 employees at their Fort Wayne bakery. The primary reason for the layoff is s

Australia: Bakers Delight wants 150 new franchisees

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Camberwell / AU. (bdh) Bakery chain Bakers Delight Holdings Pty Ltd. has shrugged off concerns about the slowing economy by unveiling plans to recruit 150 franchisees in 2009, more than double the num

AVI biscuits: 30'000 tons per annum

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Johannesburg / ZA. (avi) South African AVI Limited offers a well known, full range of sweet and savoury biscuits, baked and fried snacks to the snacking consumer with a higher income. Now the company

Awrey Bakeries: Celebrates 100th Anniversary

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Livonia / MG. (ab) When Canadian farming foundered in the early 1900s, Fletcher Awrey immigrated to Michigan with hopes of finding work in the auto industry. Times were tough. To help the family get b

Azerbaijan: Bread weighs less and costs more

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Baku / AZ. (apa) Bread deficiency observed last day in a number of shops in Azerbaijani capital, local newsletters report. This shortage caused rise of price of bread to 30 kopecks from 20 kopecks. Sh

«Selma's Cookies»: moves to 25.000-square-foot facility

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Altamonte Springs / FL. (sc) Selma´s Cookies, a Central Florida-based maker of cookies for theme parks, supermarkets and coffee shops, said in a press release the company has moved into a new 25.000-

«Times Online»: Premier Foods sells French baker

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London / UK. (tst) Premier Foods PLC has put a French bakery business up for sale as part of the group´s drive to cut debts. The disposal of Sofrapain is being handled by Stamford Partners, a boutiqu

BAB Inc.: introduces new Bakery Cafe Concept

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Deerfield / IL. (bab) BAB Inc. has announced the debut of its new concept, «My Favorite Muffin - Your All Day Bakery Cafe». The first two units are now open in Littleton and Highlands Ranch, Colorad

Bakers Delight: 700 bakeries across three countries

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Camberwell / AU. (bd) While much of the retail sector is feeling the pinch of the global financial crisis and in cut-back mode, Bakers Delight Holdings is trending positively against the economic down

Bakery On Main: expands into the United Kingdom

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East Hartford / CT. (bom) Bakery On Main, a baker of specialty Gourmet Premium Organic Granola, Gluten Free Granola and Gluten Free Snack Bars announced its expansion into the UK.

Bakery: Backbone of the Food Industry in India

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Mumbai / IN. (div) According to estimates the bakery industry in India is worth 69 billion INR (1,03 billion EUR). Out of this bread and biscuits hold 82 percent of the share. Bread, biscuits, pastrie

Bakkavör Group: posts results 2009

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Reykjavik / IS. (bkg) «Our 2009 results demonstrate a strong improvement in profit delivery, good sales growth in our key UK fresh prepared foods business and a return to significant cash generation�

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