News for the baking industry
Denver / CO. (am) This days were the first days of business for Ardent Mills, supported by 40 mills, three bakery mix facilities and a specialty bakery. Ardent Mills combines the operations of ConAgra Mills and Horizon Milling, a Cargill / CHS joint venture.
Chicago / IL. (hbc) The Hillshire Brands Company («Sara Lee» frozen bakery and other brands) issued the following statement in response to the unsolicited proposal by Tyson Foods Inc. to acquire Hillshire Brands for 50,00 USD per share in cash.
Chicago / IL. (fr) Fitch Ratings has affirmed the ratings of Tyson Foods Inc. following the firm´s unsolicited offer to acquire The Hillshire Brands Company. The Rating Outlook has been revised to Stable from Positive, Fitch said in a news release.
Monterrey / MX. (fr) Fitch Ratings has affirmed Grupo Bimbo´s ratings as follows: Long-Term Issuer Default Rating at «BBB»; Local Currency Long-Term IDR at «BBB»; National Long-Term Rating at «AA+(mex)»; USD 800 million Senior Notes due 2020 at «BBB» …
Parma / IT. (bg) «Good for You, Good for the Planet» is the philosophy that inspires the Barilla Group´s development plan and that, in 2013, was implemented with a number of concrete actions combining growth and sustainability, the company said in its statement.
Oak Brook / IL. (mdc) During an investor conference presentation this week, McDonald´s Corporation President and Chief Executive Officer Don Thompson announced an intensified commitment to the Company´s customer-focused strategic framework.
Lakewood / CO. (enr) Einstein Noah Restaurant Group, a leader in the quick-casual segment of the restaurant industry, announced that COO Emanuel P.N. Hilario has tendered his resignation to the Company. Hilario will depart in the next several weeks.
Winston-Salem / NC. (kkd) Krispy Kreme Doughnuts Corporation, member of the South Korean Lotte Group, announced the appointment of Cathleen D. Allred as Senior Vice President – Human Resources and Organizational Development. Allred will succeed Ken Hudson.
Bielefeld / DE. (oe) Dr. Oetker Canada, the maker of many beloved frozen pizza brands, dessert brands and dry baking products for both retail and food service, officially opened the company´s new frozen pizza production facility in London, Ontario.
Chicago / IL. (hbc) The Hillshire Brands Company («Sara Lee» frozen bakery and other brands) issued the following statement in response to the unsolicited proposal by Pilgrim´s Pride Corporation to acquire Hillshire Brands for 45,00 USD per share in cash.
