News for the baking industry
Zurich / CH. (aag) Swiss-Irish Aryzta AG announced on November 12 the appointment of Houlihan Lokey and Alantra as its financial advisors for asset disposals. Such disposals will allow the company to simplify its business model by concentrating on core markets and core businesses.
Thomasville / GA. (ff) Flowers Foods Inc., producer of Nature’s Own, Wonder, Tastykake, Dave’s Killer Bread, reported financial results for the company’s 12-week third quarter ended October 03, 2020. Third Quarter Summary Compared to the prior year third quarter where applicable Sales…
Houston / TX. (tkc) The issue of health insurance and pensions is very complicated in the United States. It requires a lot of attention from both employees and employers. There is no obligatory social insurance like in Germany. This would simplify many things and make employees…
Shanghai / CN. (yb) Yum China Holdings Inc. and the Hubei Provincial Government signed a framework agreement that builds on the Company’s existing footprint in the province and commits to further deepen strategic cooperation in the fields of logistics, industry sustainability…
Greenwood Village / CO. (rrgb) Red Robin Gourmet Burgers Inc., a full-service restaurant chain serving an innovative selection of high-quality gourmet burgers in a family-friendly atmosphere, reported financial results for the quarter ended October 04, 2020. Third Quarter 2020 Financial Summary…
Northlake / TX. (fbc) Farmer Bros. Company reported financial results for its first fiscal quarter ended September 30, 2020. First Quarter Fiscal 2021 Highlights Volume of green coffee processed and sold decreased by 5.0 million to 20.9 million pounds, a 19.4 percent decrease compared to…
Leeds / UK. (ell) Endless LLP, a UK based mid-market private equity investor, announces that it has acquired Hovis Holdings Limited, the UK’s iconic 134-year-old bakery brand. The terms of the agreement have been approved by both the Gores Group and Premier Foods, Hovis’ current…
Akron / OH. (msg) Main Street Gourmet is pleased to announce that it has completed an investment and partnership with Biscotti Brothers. Main Street Gourmet is a premium, custom wholesale bakery serving in-store bakery (ISB) and restaurant customers. Biscotti Brothers is a Pennsylvania…
Kansas City / MO. (twnk) Hostess Brands Inc., one of the largest manufacturers and marketers of sweet baked goods in the United States including «Twinkies», «Ding Dongs», «Ho Hos», «Donettes» and a variety of new and classic treats, reported its financial results for the three and nine months…
Overland Park / KS. (npc) NPC International Inc. announced that it has entered into a stalking horse asset purchase agreement (APA) with Flynn Restaurant Group LP through certain of its subsidiaries and will seek approval of Flynn as…
