News for the baking industry
Zurich / CH. (aag) Swiss Aryzta AG announced its results for FY 2014. CEO Owen Killian: «Aryzta has delivered a strong performance for FY 2014, with an increase of 17,2 percent in underlying fully diluted EPS in the final year of our three year transformation».
Liverpool / UK. (rgf) British Real Good Food Company PLC will change its name. The Annual General Meeting 2014 approved the change of the Company´s name to «Real Good Food PLC». Accordingly, dealings under the new name commenced this Monday – 29 September.
Dublin / IE. (oe) Food and agri-business group Origin Enterprises PLC announced its Preliminary Results for FY 2014. Adjusted diluted earnings per share increased 10,4 percent to 0,5751 EUR. Operating profit from Agri-Services increased 15,4 percent.
Hershey / PA. (thc) In December 2013 The Hershey Company announced that its wholly-owned subsidiary, Hershey Netherlands B.V., had signed an agreement to acquire 80 percent of the iconic Shanghai Golden Monkey Food Joint Stock Company Limited (SGM).
McLean / VA. (mi) Mars Incorporated announced that Todd Lachman, current President, Mars Global Petcare, has decided to leave Mars at the end of 2014 to relocate his family to San Francisco, California. Todd has been with Mars for eight years …
Deerfield / IL. (mdlz) Mondelez International Inc., the global snacking powerhouse whose portfolio includes nine iconic brands that each generates more than one billion USD in revenues, named Dana Anderson as Senior Vice President and Chief Marketing Officer.
New York / NY. (agl) Arlon Group, a global food and agriculture investment firm founded by Continental Grain Company, in partnership with VR Investments, a family owned Brazilian investment company, announced the formation of the Arlon Latin America Advisory Board.
Omaha / NE. (gg) Gavilon Grain LLC announced that it has agreed to key terms to form a joint venture – strategic arrangement – with AgMark LLC, which is owned by Farmway Co-op Inc., Cloud County Co-op Elevator Association and Randall Farmers Co-op Union.
Chicago / IL. (fr) The merits of Burger King´s (BKW) LBO of Tim Hortons (THI) will be tested by the enactment of tightened U.S. Treasury tax rules on U.S. companies seeking to re-domicile their headquarters in countries with more favorable tax systems.
Liverpool / UK. (rgf) British Real Good Food Company is a diversified food group, serving a number of market sectors including retail, manufacturing, wholesale, foodservice and export. Its portfolio of brands includes Whitworths Sugar, Renshaw and R+W Scott.
