News for the baking industry
Berlin / DE. (hf) US subsidiaries of HelloFresh SE have entered into an agreement to acquire all of the outstanding equity interests of Factor75 Inc. (including its subsidiaries «Factor»). HelloFresh is the leading provider of meal kits in the world and in the US. Factor is a leading provider of…
Zurich / CH. (aag) Swiss-Irish Aryzta AG notes the statement made by Elliott Advisors (UK) Limited on 23 November. Aryzta confirms that it has received a non-binding letter from Elliott in which they proposed making an offer at CHF 0.80 per share, subject to certain conditions, some of which…
McLean / VA. (mffm) Messe Frankfurt Inc. (MFI) and the Food Processing Suppliers Association (FPSA) are pleased to announce that they have entered into a joint venture to align their resources in order to create and to coproduce Process Expo, the nation’s largest horizontal trade show for the…
Toronto / CA. (gwl) George Weston Limited (GWL) announced its consolidated unaudited results for the 16 weeks ended October 03, 2020. GWL’s 2020 Third Quarter Report has been filed on SEDAR and is available at sedar.com and in the Investor Centre section of the Company’s website at weston.ca.
London, UK / Rotterdam, NL. (ul) Unilever announced a new annual global sales target of EUR 1 billion from plant-based meat and dairy alternatives, within the next five to seven years. The growth will be driven by the roll-out of The Vegetarian Butcher as well as increasing vegan…
Petach Tikva / IL. (sg) Israel’s Strauss Group Limited generates revenue of NIS 6.3 billion in the first nine months of 2020, reflecting 4.5 percent organic growth excluding foreign currency effects. Net profit in the period was NIS 464 million, an increase of 4.1 percent. The Group’s Q3 sales…
Bentonville / AR. (wama) Walmart Inc. announced its financial results for the third quarter of fiscal 2021 – the three months ended October 31, 2020. Walmart U.S. third quarter comarable sales grew 6.4 percent and Walmart U.S. eCommerce sales grew 79 percent. President and CEO Doug…
Philadelphia / PA. (arm) Aramark reported fourth quarter and full-year fiscal 2020 results. «I am incredibly proud of our teams across the globe for their tireless work serving clients and communities in this extraordinary time of need,» said John Zillmer, Aramark’s Chief Executive Officer.
Chicago / IL. (web) Whole Earth Brands announced its financial results for its third quarter ended September 30, 2020. Additionally, on November 10, 2020 the Company announced the completion of its acquisition of Swerve, a rapidly growing manufacturer and marketer of a portfolio of zero…
Zurich / CH. (bc) Swiss Barry Callebaut Group, the world’s leading manufacturer of high-quality chocolate and cocoa products, announced the full-year results of fiscal year 2019-2020, that ended in Zurich on August 31, 2020. «I am proud of the solid set of results and strengthened balance sheet…
