News for the baking industry
Raisio / FI. (rg) Finland’s Raisio Group announces that Iiro Wester has been appointed as Chief Commercial Officer (CCO) of Raisio’s Healthy Food Division and as a member of the Group Management Team. Wester will begin work in his new position at the beginning of September…
Chicago / IL. (tni) Running a supermarket in today’s business environment is a challenge for even the most accomplished leadership teams. Consumer preferences are changing at a rapid pace, long-standing core product categories are in decline, deflation is an ongoing concern and the physical…
Amsterdam / NL. (cb) Dutch Corbion NV announces that it has completed the acquisition from Bunge Limited of Bunge’s stake in the SB Renewable Oils joint venture (see b:eu on 2018-03-31). Corbion has acquired Bunge’s 49.9 percent stake in SB Renewable Oils, a joint venture that operates a facility…
Springdale / AR. (tsn) Tyson Foods Inc. has entered into an agreement to sell its «Sara Lee» Frozen Bakery and «Van’s» businesses to private equity firm Kohlberg + Company LLC, the company said. The sale includes the «Chef Pierre», «Bistro Collection» and «Van’s» brands, and a license to…
Greenwich / CT. (scc) The New England Confectionery Company («Necco»), the 171-year-old maker of the iconic «Necco» wafer, has been acquired by Sweetheart Candy Co. LLC, an entity owned by Dean, Evan and Daren Metropoulos, for USD 17.3 million. The deal, which closed 2018-05-31, came…
Munich / DE. (ghm) iba prepares bakers and confectioners for the future. They can experience outstanding artisan achievements, discover new ideas, open up additional areas of business, learn about technical developments , watch new machines in action, test products, talk to experts…
New Orleans / LA. (ksf) Former Attorney General of Louisiana, Charles C. Foti, Jr., Esq., a partner at the law firm of Kahn Swick + Foti LLC (KSF), announces that KSF has commenced an investigation into Flowers Foods Incorporated. In August 2016, the Company disclosed that it was under review…
Stockholm / SE. (lg) Lantmännen’s result after net financial items for the first four-month period amounts to 293 million SEK, compared to last year’s result of 354 million SEK. The lower result is entirely due to a lower ethanol price, the Group said in June. The start of 2018 has seen a…
Malmo / SE. (aak) Swedish AAK Group (former AarhusKarlshamn AB) has decided to invest in a customization plant in the Philippines. The plant will be located on land owned by oils and fats refinery San Pablo Manufacturing Company in Batangas, approximately 100 kilometers south of Manila.
White Plains / NY. (bl) Bunge North America, the North American operating arm of Bunge Limited, announced that it has opened its new wheat mill in the southeast region of Mexico. The Del Mayab mill is located 20 kilometers from Puerto Progresso, a strategic location for serving key customers in…
