News for the baking industry
Singapore / SG. (nus) The Bezos Centre for Sustainable Protein at the National University of Singapore (NUS) was launched some days ago, marking a major milestone as the first of its kind in Asia to advance research in alternative proteins. With a USD 30 million grant from the Bezos…
Cerritos / CA. (has) T.Hasegawa USA Inc., subsidiary of Japan’s T.Hasegawa Company Limited, acquired Abelei Flavors Incorporated. The purchase fits into T. Hasegawa’s strategy to broaden its flavor portfolio within North America. Tom Damiano, CEO T.Hasegawa USA: «The acquisition of Abelei Flavors Inc. expands our geographical footprint…
London / UK. (val) Valeo Foods Group, one of Europe’s leading producers of quality sweets, treats and snacks, has agreed to acquire I.D.C. Holding, a major independent producer of quality wafers, biscuits, confectionary and chocolate in Central and Eastern Europe. First established…
London / UK. (abf) Associated British Foods PLC (ABF) provides an update on trading during the second half of the financial year which will end 14 September 2024. References to sales growth in this commentary are based on constant currency and are in comparison to the same period in the…
London / UK. (eb) As briefly mentioned by AB Foods PLC (ABF) in its outlook for the second half of 2024, the Group acquired The Artisanal Group, a leading manufacturer and wholesaler of bakery products in Australia, mainly supplying cafés, restaurants and hotels, in the first half of 2024.
Schenefeld / DE. (eb) Team spirit, passion and a long tradition: this is what two strong brands from the north stand for. Because similarities unite, Harry-Brot will be a proud partner of Hamburger Sport-Verein (HSV) from this Bundesliga season. Harry-Brot: Hanseatic, founded in 1688, market…
London / UK. (pfl) Pladis Foods Limited, wholly owned subsidiary of Türkiye’s Yildiz Holding and the leading global snacking company behind iconic brands including McVitie’s, Godiva, Jacob’s, Carr’s and Ülker, has opened a new headquarters in Jeddah, Saudi Arabia, marking a significant…
Hoboken / NJ. (hc) The Hain Celestial Group Inc., a leading manufacturer of better-for-you brands to inspire healthier living, announced that it has completed the sale of its «ParmCrisps» snack brand to independent wholesome snacks company, Our Home. The transaction further…
Austin / MN. (hrl) Hormel Foods Corporation, a leading global branded food company, reported results for the third quarter of fiscal 2024, ended July 28. All comparisons are to Q3-2023, unless otherwise noted. The company delivered solid third-quarter results and another quarter of…
Brea / CA. (reb) Reborn Coffee Inc. is pleased to announce a significant expansion into the China market through a strategic Master License Agreement with Chengdu Octaday Entertainment Group, facilitated by Reborn China. This will establish Reborn Coffee’s premier locations…
