News for the baking industry
Bielefeld / DE. (oe) Germany’s Oetker-Group closed the 2020 financial year on an overall decent note and in line with its expectations adjusted by the Corona pandemic, despite in some cases significant declines in sales in individual business units. The «Food», «Beer and Non-Alcoholic
Amsterdam / NL. (jde) JDE Peet’s (JDE), the world’s largest pure-play coffee and tea group by revenue, and Australia’s Campos Coffee announced that JDE Peet’s will acquire Campos Coffee. Subject to limited pre-closing conditions, the transaction is expected to be completed during July 2021.
Amsterdam / NL. (je / tkwy) Just Eat Takeaway.com N.V. and Grubhub Inc. are pleased to announce the completion of the Company’s acquisition of 100 percent of the shares of Grubhub in an all-share combination. The Transaction represents Just Eat Takeaway.com’s entry into online food…
London / UK. (ssp) British SSP Group PLC, a leading operator of food and beverage outlets in travel locations worldwide, announces its financial results for the first half of its 2021 financial year, covering the six months ended 31 March 2021. SSP has delivered a resilient performance in a very…
Muttenz / CH. (vh) Valora’s food service format BackWerk is entering into a franchise partnership in the Netherlands with HMSHost International. By the end of 2022, 12 HMSHost International locations at the largest Dutch train stations are to be converted into BackWerk stores. This…
Camden / NJ. (csc) Campbell Soup Company reported results for its third-quarter fiscal 2021 ended May 02, 2021. Highlights and summary of a challenging period: Mark Clouse, Campbell’s President and CEO, said, «While we recognized the third quarter would be a challenging net sales…
Raisio / FI. (rg) The Board of Directors of Finland’s Raisio Group has approved company’s updated strategy and targets for its Good Food Plan responsibility programme for the years 2022 to 2025. Raisio’s main goal during the new strategy period is to grow based on the new capabilities…
Stockholm / SE. (fhab) Frill Holding AB has completed the acquisition of 100 percent of the shares in B8 Sverige AB («Beijing8»). Beijing8 fits well into Frill’s strategy to grow rapidly in functional foods, and to create an attractive portfolio of brands that will strengthen each…
Luxembourg / LU. (fg) A Ferrero-related Company announced that it has entered into a definitive agreement to acquire Burton’s Biscuit Company from Ontario Teachers’ Pension Plan Board. Burton’s employs approximately 2,000 people across six manufacturing locations in the UK…
Zurich / CH. (aag) Swiss Aryzta AG announced its financial results for the third quarter ended 01 May (Q3-2021). Performance overview: Continuing operations reported positive Q3 organic revenue growth of plus 2.6 percent in constant currency Total Group reported Q3 organic revenue…
