bakenet:eu – News for the baking industry

New York / NY. (gc) Godiva Chocolatier, with own words the global leader in premium chocolate, announced the opening of its first café in the Americas in the heart of New York City...

Allulose: FDA updates view on nature and value

Monday, 22. April 2019

Raw Materials + Commodities

Silver Spring / MD. (fda) The U.S. Food and Drug Administration issued a draft guidance to provide its current view on the declaration of carbohydrates, total sugars and added sugars for products that contain allulose, a sweetener, on the Nutrition Facts label. The draft guidance also provides...

Nestle S.A.: reports three-month sales for 2019

Monday, 22. April 2019

Global Industry

Vevey / CH. (nsa) Swiss Nestle S.A. announced its financial results for the first quarter 2019. Highlights: Organic growth of 3.4 percent, with continued strong real internal growth (RIG) of 2.2 percent. Pricing increased to 1.2 percent, with significant improvement in Brazil and the United States. Total...

PepsiCo: Reports First Quarter 2019 Results

Monday, 22. April 2019

Global Industry

Purchase / NY. (pci) PepsiCo Inc. announced its financial results for the first quarter 2019, that ended on 23 March. «We are pleased with our results for the first quarter,» said Chairman and CEO Ramon Laguarta. «While adverse foreign exchange translation negatively impacted our reported net...

DowDuPont: Provides First Quarter 2019 Update

Saturday, 20. April 2019

Global Industry

Wilmington / DE. (ddp) DowDuPont Inc. is providing expected divisional results for the first quarter of 2019. The company expects to report total company results in line with the guidance provided on March 28 and is now providing additional detail regarding expected results at the division level...

VMS: Unilever to Acquire «Olly» Nutrition

Saturday, 20. April 2019

Global Industry

London, UK / Rotterdam, NL. (ul) Unilever PLC announced that it has signed an agreement to acquire «Olly» Nutrition, a premium U.S.-based wellbeing business in the vitamins, minerals, and supplements (VMS) category. Based in San Francisco, California (U.S.), «Olly» Nutrition was co-founded in 2014...

Mondelēz: Makes Minority Investment in Hu Master Holdings

Friday, 19. April 2019

Market + Management

Deerfield / IL. (mdlz) Mondelez International announced it has made a minority investment in Hu (as in «Human») Master Holdings, the parent company of both Hu Products and Hu Kitchen, a fast-growing US-based snacking company offering minimally processed, high-quality snacks. This is the second...

Hershey Company: restructuring the Executive Team

Friday, 19. April 2019

Persons + Honours

Hershey / PA. (thc) The Hershey Company announced new executive leaders who will report to President and Chief Executive Officer Michele Buck. «These appointments are testament to Hershey’s internal succession planning and its ability to attract deeply experienced talent and expertise...

Lahti xylitol plant: Fazer selects building contractor

Thursday, 18. April 2019

Market + Management

Helsinki / FI. (fg) Finland’s Fazer Group and construction company NCC have signed a contract regarding the construction of a new production facility producing xylitol from oat hulls. The new facility will be constructed next to Fazer Mills in Kasakkamäki, in Lahti, Finland. The value of the contract...

Coty Inc.: JAB Consumer Fund extends offering period

Thursday, 18. April 2019

Global Industry

Luxembourg / LU. (jab) JAB Holding Company,, a global investment firm focused on long-term investing in premium consumer goods and services brands, announced that its affiliate (JAB Consumer Fund) has extended the offering period of its previously announced tender offer for up to 150 million...

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Godiva: Debuts Café Concept in New York City

Allulose: FDA updates view on nature and value

Nestle S.A.: reports three-month sales for 2019

PepsiCo: Reports First Quarter 2019 Results

DowDuPont: Provides First Quarter 2019 Update

VMS: Unilever to Acquire «Olly» Nutrition

Mondelēz: Makes Minority Investment in Hu Master Holdings

Hershey Company: restructuring the Executive Team

Lahti xylitol plant: Fazer selects building contractor

Coty Inc.: JAB Consumer Fund extends offering period

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