PPC: C.H. Guenther + Son Acquires Mid South Baking
San Antonio / TX. (ppc) C.H. Guenther + Son Inc. (CHG) announced it has acquired Mid South Baking Company. Headquartered in Bryan, Texas, Mid South is a leading supplier of buns and English muffins to quick-serve restaurants (QSRs) in the southern United States. Founded in 1978, Mid South...
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Middleby Corporation: Acquires Powerhouse Dynamics
Elgin / IL. (tmc) The Middleby Corporation announced the acquisition of Powerhouse Dynamics Inc., a leader in cloud-based IoT solutions for the foodservice industry. Powerhouse pioneered the introduction of automated IoT solutions into the restaurant industry via their leading and proven...
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Ferrero Group will acquire Kellogg’s cookie business
Luxembourg / LU. (fg) The Ferrero Group and its affiliated companies, a global confectionary group, announced a definitive agreement pursuant to which it will acquire the cookie, fruit and fruit-flavoured snack, ice cream cone and pie crust businesses from Kellogg Company for USD 1.3 billion or...
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Kellogg: sells Keebler Cookies and Related Businesses
Battle Creek / MG. (kc) Kellogg Company announced that it has reached a definitive agreement to sell selected cookies, fruit and fruit-flavoured snacks, pie crusts, and ice cream cones businesses to the Ferrero Group and its related companies, a global confectionery group. The cash transaction is...
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RiceBran Technologies: Reports Full Year 2018 Results
The Woodlands / TX. (rbt) RiceBran Technologies, a global leader in the production and marketing of value added products derived from rice bran, announced the Company’s financial results for the year ended December 31, 2018. «We made progress on many fronts in 2018 – the acquisition of...
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Cargill: reports fiscal 2019 third-quarter results
Minneapolis / MN. (cg) Cargill Company reported results for the fiscal 2019 third quarter and first nine months ended Feb. 28, 2019. Key measures include: Adjusted operating earnings were USD 604 million, up 8 percent from the USD 559 million earned last year. This brought earnings for the first...
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Lantmännen Group: to acquire Tate + Lyle facility
Stockholm / SE. (lg) Sweden’s Lantmännen Group has signed an agreement with the British company Tate + Lyle, for the acquisition of a production facility in Sweden. The acquisition gives Lantmännen opportunities to expand its oats capacity and invest in additional processing of oats. Lantmännen...
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Transformation: McDonald’s to Acquire Dynamic Yield
Chicago / IL. (mdc) McDonald’s Corporation and Dynamic Yield Limited announced an agreement by which McDonald’s will acquire Dynamic Yield, a leader in personalization and decision logic technology. With this acquisition of Dynamic Yield, based in New York and Tel Aviv, McDonald’s builds on its...
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Corbion: to acquire Granotec do Brazil
Amsterdam / NL. (cb) The Netherland’s Corbion announced it has entered into an agreement with the shareholders of Granotec do Brazil to acquire full ownership of the company. Granotec is a leading specialist in functional blends for the Brazilian bakery industry. The company is headquartered in...
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Domino’s Pizza: Opens First Store in Bangladesh
Ann Arbor / MG. (dp) Domino’s Pizza Inc., the largest pizza company in the world based on global retail sales, is continuing its global growth momentum with the opening of its first store in Bangladesh. Residents of the capital Dhaka can now enjoy hot, freshly-baked pizza in-store or delivered to...
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