News for the baking industry
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.», announced the establishment of its next generation of CEO leadership and Board governance in preparation for its eventual IPO.
Madrid / ES. (epg) Spain’s Ebro Foods S.A. announced that it has closed a very satisfactory first quarter, in which one of the main achievements was to have improved on the extraordinary profit posted in the first three months of 2022, the best first quarter in…
Batesville / IN. (hil) Hillenbrand Inc., a global industrial company operating in over 40 countries with more than 10,000 associates serving a wide variety of industries around the world, announced that it has entered into a definitive agreement to acquire the Schenck Process Food and…
Helsinki / FI. (fg) The change negotiations concerning Fazer’s shop-in-shop bakery business in Finland have been concluded. Fazer Group has decided to renew the business model in Finland to develop the business even stronger and to respond quickly to changing customer and consumer…
Minneapolis / MN. (cg) Cargill is leveraging its unique position in the supply chain to pioneer its award-winning regenerative agriculture program in Europe, which will see farmers in Germany, Poland, Romania, and France financially compensated to adopt climate-friendly farming…
Vevey / CH. (nsa) Magdi Batato, Executive Vice President and Head of Operations, will take a well-deserved retirement in early 2024 after a distinguished career of over 30 years at Swiss Nestle S.A. He has held various roles across three different continents. In his current position…
Atlanta / GA. (fb) Focus Brands Inc., parent company of «Auntie Anne’s», «Carvel», «Cinnabon», «Jamba», «McAlister’s Deli», «Moe’s Southwest Grill» and «Schlotzky’s», announced Dave Mikita as President of Focus Brands International and Retail Channels and Nathan Louer as the new Chief…
Richmond / CA. (hc) Rubicon Bakers LLC, a portfolio company of Trive Capital in Dallas (TX), is pleased to announce the hiring of Sebastian Siethoff as Chief Executive Officer. He comes to Rubicon from Ball Corporation where he served as General Manager. He has over 20 years of…
Bentonville / AR. (wama) Walmart Inc. announces first quarter 2024 results, including strong revenue and operating income growth of 7.6 percent and 17.3 percent, respectively. Operating expense leverage, along with progress from the Company’s connected value streams, including advertising…
Billund / DK. (ff) FirstFarms has had a satisfactory start on the year with progress on the several key figures. The Company has in the accounting period Q1-2023 realised: a net turnover of 109 million DKK (2022: 68 million DKK), an Ebitda of 33 million DKK (2022: 30 million DKK), an Ebit of 22 million DKK…
