News for the baking industry
Dublin / OH. (twc) The Wendy´s Company announced that President and Chief Executive Officer Emil Brolick plans to retire from management duties with the Company in May 2016. He is expected to be succeeded in the President and CEO role by current Executive Vice President, CFO…
Tokyo / JP. (aci) Ajinomoto Company Inc. is reinforcing its business infrastructure for frozen rice products to expand its frozen foods business in North America. Ajinomoto will build a new production line for frozen rice products at the Oakland Plant of…
Malmo / SE. (aak) Swedish AAK Group (former AarhusKarlshamn AB) has established a partnership with Miyoshi Oils + Fats Company by forming a new company together for the Japanese market, AAK Miyoshi JP. This partnership will considerably extend the prerequisites for AAK’s business in…
Omaha / NE. (caf) ConAgra Foods Inc., one of North America´s leading food companies, announced restructuring plans to improve profitability, advance its growth agenda and unlock shareholder value…
Rotterdam / NL. (ul) Unilever announced that it has acquired the premium Italian gelato business, «Grom». The first «Grom» shop was opened in Turin in 2003 by friends Federico Grom and Guido Martinetti, with the vision of making the best gelato in the world, using only top quality ingredients.
McLean / VA. (mi) Mars Incorporated has entered into an agreement to acquire Grupo Turin, the manufacturer of high-quality chocolates in Mexico since 1928 and owner of iconic brands such as Conejos and Turin.
Chicago / IL. (adm) Archer Daniels Midland Company (ADM) announced an agreement to purchase Eatem Foods Company, a leading developer and producer of premium traditional, natural and organic savory flavor systems. ADM anticipates closing the transaction, which is subject to…
Washington / DC. (gov) October is American Cheese Month, a celebration of the many varieties of the dairy product. America is the world’s cheese superpower, producing 26 percent of the world’s supply.
Minneapolis / MN. (gm) General Mills Inc. announced it has reached an agreement to sell its South Africa foodservice business to Rhodes Food Group. General Mills had announced in July a preliminary decision to exit the foodservice business in South Africa pending consultation with…
Dunstable / UK. (wbp) Costa Coffee, Europe’s largest coffee shop chain, announces that it will increase the pay of its 12’500 baristas from 01st October. Costa baristas will earn a minimum of 7.40 GBP an hour…
