News for the baking industry
Chicago / IL. (cag) ConAgra Brands Inc., one of North America’s leading branded food companies, announced the opening of its new state-of-the-art vegetable processing plant in Waseca, Minnesota. The new 245,000 square foot facility, which processes fresh vegetables to support…
St. Louis / MO. (pbc) Panera Brands Inc., which includes the fast casual and hospitality brand Panera Bread as well as Caribou Coffee and Einstein Bros. Bagels, announced that there will be no extension of its investment agreement with USHG Acquisition Corporation, in light of…
Bentonville / AR. (wama) Walmart Inc. and Memomi Labs Inc., an augmented reality (AR) optical tech company, announced they have entered into an agreement for Walmart to acquire Memomi. This reinforces Walmart’s commitment to frictionless and omnichannel optical care.
Chattanooga / TN. (iuf) Grain Craft, the largest independent flour miller in the U.S., announced that its parent company has entered into a definitive agreement for Grain Craft to be acquired by Redwood Capital Investments LLC. Based in Baltimore, MD, Redwood Capital Investments…
Lembeke / BE. (lbbv) In 2021, Belgium’s Lotus Bakeries Group is pleased to announce that it has reached an agreement to acquire 100 percent of the shares of Peter’s Yard, a British artisanal sourdough company that produces healthy and delicious sourdough crackers and sourdough…
Groot Bijgaarden / BE. (pnv) Belgium’s Puratos Group, an international manufacturer of ingredients for the bakery, patisserie and chocolate sectors, acquires the French start-up Rapidle, a provider of personalized e-commerce solutions. Four years after its acquisition of…
Chicago / IL. (37b) Gold Standard Baking LLC, North America’s largest manufacturer of croissants and a leading manufacturer of dough-based sweet baked goods, announced that 37 Baking Holdings LLC, a company backed by significant North American family offices, in partnership with…
San Francisco / CA. (grb) GrubMarket announced it has completed the acquisition of San Carlos, California-based QBIX Analytics, a trusted data analytics and business intelligence solution provider that specializes in implementing data solutions and performing system integrations…
Pennsauken / NJ. (jj) J+J Snack Foods Corporation, a leader and innovator in the snack food industry, announced that it has closed the previously announced acquisition of Dippin’ Dots, LLC, a leading producer of flash-frozen beaded ice cream treats. The acquisition also includes the…
Helsinki / FI. (fg) To meet the growing demand for oat drinks, Finland’s Fazer Group invests in increasing production capacity. Fazer’s Koria factory doubled the production volume of oat drinks when the capacity expansion was put into operation in June. The acquisition of…
