News for the baking industry
Kesko / FI. (kkc) Finland’s Kesko Corporation announced its half-year financial report for the period from 01 January to 30 June 2021. President and CEO Mikko Helander: «Kesko posted its best-ever quarter result in Q2-2021. Sales grew and profitability improved in all divisions.
Lake Forest / CA. (dtr) Del Taco Restaurants Inc., the second largest Mexican-American quick service restaurant chain by units in the United States, reported fiscal second quarter 2021 financial results for the 12-week period ended June 15, 2021 and provided a business update.
San Francisco / CA. (grb) Food technology company GrubMarket announced it has completed the acquisition of Terminal Produce, a highly reputable and well-established produce wholesaler in New York. Terminal Produce is a key sourcing channel for premium tropical fruits…
Pico Rivera / CA. (bmi) Clearlake Capital Group is to acquire BakeMark USA LLC from Pamplona Capital Management. Pamplona acquired Bakemark in 2017 from a former version of CSM Bakery Solutions, today in parts known as CSM Ingredients. Now BakeMark operates as a link…
San Francisco / CA. (uber) Uber Technologies Inc. announced that its on-demand and scheduled grocery delivery is now available to Uber and Uber Eats customers in over 400 cities and towns across the U.S., including major markets like San Francisco, New York City, and Washington DC.
Kesko / FI. (kkc) Finland’s K-Group is investing tens of millions of Euros in upcoming years in automating the collection of online grocery orders. The objective is to improve customer experience further while ensuring more efficient processes and an even stronger market-leading position.
Stockholm / SE. (cab) Swedish Cloetta AB, a leading confectionery company in the Nordic region and the Netherlands, announced its interim statement for the second quarter 2021, covering the period from April to June 2021. The company reports strong rebound in both segments…
San Francisco / CA. (grb) GrubMarket announced it has completed the acquisition of Pacific Farm Management (PFM), a full-service farm management services company – one of the largest providers of agricultural employment (payroll) and workers compensation insurance…
Billund / DK. (ff) Denmark’s FirstFarms A/S signed a conditional sales agreement (SPA) and divests the Northwest Romanian activities. The sales price for the activities is 104 million DKK. In connection with the acquisition in 2020 a total of 19.7 million DKK before tax has been recognised as income.
Ann Arbor / MG. (dp) Domino’s Pizza Inc., the largest pizza company in the world based on global retail sales, celebrated the opening of the brand’s 18,000th store in La Junta, Colorado. «This is a remarkable milestone for Domino’s, and I am thrilled it is happening in La Junta,» said…
