News for the baking industry
London / UK. (pf) Premier Foods PLC announces that, following the appointment of Gavin Darby as CEO, a flatter executive management structure has been implemented, that will enable commercial and functional management to report directly to the CEO.
Seattle / WA. (sc) Starbucks Coffee Company opened the doors to its first store in Vietnam, following an expanded long-term relationship with Hong Kong Maxim´s Group. This flagship store is nestled in the neighborhood of Ho Chi Minh City´s District 1 …
Northfield / IL. (kfg) Kraft Foods Group Inc. appointed Deanie Elsner to the newly created role of Chief Marketing Officer, reporting directly to company CEO Tony Vernon. Replacing Elsner is Dino Bianco, who will serve as EVP and President of Beverages and Canada.
Hershey / PA. (thc) The Hershey Company announced sales and earnings for the fourth quarter ended December 31, 2012. Consolidated net sales were 1’751’035’000 USD compared with 1’567’145’000 USD for Q4/2011. Reported net income for Q4/2012 was 149’879’000 USD.
Canton / MA. (db) Dunkin´ Brands Group, parent company of Dunkin´ Donuts and Baskin-Robbins, reported results for the fourth quarter and fiscal year 2012. Revenue increased 6,1 percent and adjusted operating income increased 15,3 percent in FY 2012.
Liverpool / UK. (rgf) Real Good Food is a ood group, which owns Napier Brown (Europe´s biggest non-refining sugar distributor) as well as Renshaw and R+W Scott (bakery ingredients), Garrett Ingredients (dairy ingredients) and Haydens Bakery (patisserie and desserts).
Battle Creek / MG. (kc) Kellogg Company continues to introduce delicious, on-trend frozen food options. «Kellogg is as a leader in the frozen food category because of our keen insights into the needs of consumers», said Michael Allen, president of Kellogg Frozen Food.
Irving / TX. (hbi) Hostess Brands Inc. has selected affiliates of Apollo Global Management LLC and Metropoulos + Co. as the stalking horse bidder for the majority of the assets of the Company´s snack cake business, which includes both Hostess and Twinkies brand.
Toronto / CA. (cb) Canada Bread Company Limited announced plans to close its bakery in Grand Falls, New Brunswick and a bakery in Edmonton, Alberta. The closures will improve efficiencies in the Company´s network of facilities …
Canton / MA. (prn) Dunkin´ Donuts has signed a franchise agreement with Vietnam Food and Beverage Company Limited, whose partners have a proven track record of success in the local restaurant industry, to develop the brand in Vietnam.
