News for the baking industry
Palm Beach / FL. (bfi) BurgerFi International Inc., owner of the BurgerFi brand (BF), and the Anthony’s Coal Fired Pizza + Wings brand (ACF), recently appointed industry veteran Carl J. Bachmann as CEO for their organization. Bachmann, who will start with the Company…
Amsterdam / NL. (plma) More than 30,000 professionals from 125 countries, including suppliers, retailers and wholesalers, discovered new products, made new business contacts, shared ideas, and strengthened business relations at PLMA’s «World of Private Label 2023».
Leeds / UK. (asda) British Asda Group has announced the acquisition of EG Group’s UK and Ireland operations (UK+I) for an enterprise value of approximately GBP 2.27 billion – bringing Asda’s heritage as a consumer champion to even more customers and accelerating its growth strategy…
Blackburn / UK. (biegg) British EG Group has announced an agreement to sell to Asda Group the majority of its UK and Ireland fuel, foodservice, grocery and merchandise business for an enterprise value of 2.27 billion GBP (2.8 billion USD). This transaction is a transformational …
Shanghai / CN. (iec) The 25th Bakery China, the largest exhibition in the bakery and confectionery industry worldwide, wrapped up in Shanghai, which marks a significant milestone in the recovery of the industry. The exhibition attracted more than 2,000 brand manufacturers from 30 countries…
Camden / NJ. (csc) Campbell Soup Company announced the sale of the Emerald nuts business to Flagstone Foods, one of the largest manufacturers and distributors of private label healthy snacks in North America. Campbell acquired the Emerald nuts business as part of…
London / UK. (tl) Tate + Lyle PLC, a leading global provider of speciality food ingredients and solutions, announced a strong financial performance and significant strategic progress in its 2023 Full Year Results release. «It has been an excellent first year for the new Tate + Lyle with…
Englewood / CO. (rrgb) Red Robin Gourmet Burgers Inc., a full-service restaurant chain serving an innovative selection of high-quality gourmet burgers in a family-friendly atmosphere, reported financial results for the fiscal first quarter ended April 16 (Q1-2023). Highlights for Q1-2023…
Zurich / CH. (aag) Swiss-based Aryzta AG announced its financial results for the third quarter 2023. The company reported strong growth across the Group as stubborn inflation continues. Despite stronger quarterly growth comparatives, organic growth was broad based across the Group with…
Vevey / CH. (nsa) After eight years with Swiss Nestle S.A., François-Xavier Roger, Executive Vice President and Chief Financial Officer, has decided to step down and to pursue new professional challenges. François has provided strong financial leadership and driven sustainable value creation…
