News for the baking industry
Elgin / IL. (tmc) The Middleby Corp. announced the acquisition of Emery Thompson, a well-known, global brand in frozen dessert equipment. Located in Brooksville, Florida, the company has revenues of USD 10 million annually. CEO Tim FitzGerald: «Emery Thompson is a highly respected, well…
Piscataway / NJ. (ff) Ferraro Foods Inc., a leading distributor of Italian specialty food products in the U.S., announced the acquisition of Botticelli Food Service, the distribution arm of Botticelli Foods, a family-owned importer of high-quality Italian ingredients. The deal further solidifies Ferraro…
Barcelona / ES. (eb) Following the announcement in June 2024 that the bakery group would be floated on the stock exchange, the Spanish Europastry S.A. postponed the move a few weeks later. This was due to the elections in Europe and the stock markets’ reaction to them. In the…
Waltham / MA. (bep) Buyers Edge Platform LLC, the leading software and analytics company providing data-driven insights and technology to the foodservice industry, continues to expand their technology offerings in Europe with the acquisition of Swedish company Parsly Software Inc. This…
New York City (NY) | Evansville (IN). (orc) One Rock Capital Partners LLC announced that one of its affiliates has completed a strategic investment in Lewis Bakeries Inc., a third generation, family-owned bread and baked goods manufacturer headquartered in Evansville, Indiana, selling its…
Riyadh / SA. (ac) Almarai Company announces the signing of an agreement for the acquisition of 100 percent of the shares of Hammoudeh Food Industries by one of its subsidiaries for a total consideration of SAR 263 million «subject to certain adjustments». Hammoudeh Food Industries is a…
Madrid | Zaragoza (ES). (uni) Unigrains Iberia, part of French Unigrains SA, has acquired a stake in the capital of Ñaming S.L., a Spanish leader in the production of sandwiches as well as other ready-to-eat meals, as part of a syndication carried out by DeA Capital Alternative Funds SGR, management…
Riyadh / SA. (ac) Almarai Company announces its interim condensed consolidated financial results for the period ending on 30 September. Revenues increased by 9 percent due to strong volume growth, attributed to the positive contribution from all product categories, led by the foods and…
Lucerne (CH) | Montigny le Bretonneux (FR). (eag) Swiss Emmi Group has completed the acquisition of French Mademoiselle Desserts Group, as announced in July 2024. Mademoiselle Desserts specialises in innovative premium patisserie. The transaction complements Emmi’s portfolio…
Dublin / IE. (gg) Irish Greencore Group PLC, a leading manufacturer of convenience food in the UK, issues a trading update for the fourth quarter (Q4) and full year (FY-2024) ended 27 September 2024, ahead of publication of full year results on 03 December 2024. Like for Like (LFL) revenue…
