News for the baking industry
Reykjavik / IS. (bkg) Islandic Bakkavor Group, the United Kingdom’s leading fresh prepared foods manufacturer, can confirm that it has been informed by Bakk AL Holdings Limited, a company owned by Agust and Lydur Gudmundsson and funds managed by The Baupost Group LLC…
Hertfordshire / UK. (tesco) British Tesco PLC announced its Trading Statement for the first quarter 2015/2016 – the 13 weeks ended 28 November 2015 – and the Christmas period, the six weeks ended 09 January 2016 (some days ago on 14 January). Chief Executive Dave Lewis said…
Seattle / WA. (sc) Starbucks Corporation reported financial results for its 13-week fiscal first quarter ended December 27, 2015. Fiscal 2016 and fiscal 2015 GAAP results include items which are excluded from non-GAAP results. Q1 Fiscal 2016 Highlights: Global comparable store sales…
Kensington / MD. (bctgm) In response to Mondelez International’s ongoing violations of its Collective Bargaining Agreement, Local 300 of the Bakery, Confectionery, Tobacco Workers and Grain Millers International Union (BCTGM) – which represents nearly 1’000 members at the Mondelez Nabisco Bakery located at 7300 Kedzie Avenue – filed for injunctive relief…
Washington / DC. (gov) Many sumptuous foods get their day – or month – in the sun by way of some commemoration. But even very basic, traditional and unexciting foods get a salute. For example, this is National Oatmeal Month, recognizing the long-term favourite for its up-to-date health…
Solna / SE. (chab) Swedish Candyking Holding AB announced that Frida Åkerblom, CFO Candyking Group, has been pointed Executive Vice President for the Group as well as Country Manager Sweden. Hans Pettersson, Finance Director since 2011, has at the same time been appointed…
Springdale / AR. (tsn) A subsidiary of Tyson Foods Inc., the Hillshire Brands Company («Sara Lee» frozen bakery and other brands), is making major improvements to its Tarboro, North Carolina bakery plant as part of an ongoing plan to meet growing demand for its products and maximize…
Singapore / SG. (wi) Wilmar International Limited, Asia’s leading agribusiness group, is pleased to announce that its wholly-owned subsidiary, Yihai Kerry Investments, has entered into two conditional joint venture agreements with Singapore Food Industries to supply certain safe and…
London / UK. (pf) British Premier Foods PLC announced its Q3 2015/2016 Trading Update for 13 weeks ended 02 January 2016. Solid Q3 trading was underpinned by strong Sweet Treats performance, the company said in its statement. Highlights include the following: Q3 Group…
Helsinki / FI. (fg) Finland’s Fazer Group continues the execution of its growth strategy and purchases the Seniori Ateria company. Seniori Ateria is a growing company that provides food service entities for senior citizens in private and sheltered homes all over Finland. As a result of this acquisition…
