News for the baking industry
Orrville / OH. (sc) The J. M. Smucker Company announced that Mark Smucker, President and Chief Executive Officer, will assume the expanded role of Chair of the Board effective August 17, 2022. Mark Smucker will succeed Richard Smucker, who has served as Executive Chairman since 2016.
Weiterstadt / DE. (wic) Wingcopter GmbH, the German delivery drone manufacturer and service provider, announced that it has raised USD 42 million from renowned financial and strategic investors. The new funding is part of a Series A extension round, tripling the company’s total…
McLean / VA. (mi) Grant F. Reid, Chief Executive Officer of Mars Incorporated, a family-owned global pet care, confectionery and food business, has announced he is to hand over the reins as CEO after leading the business through a period of unprecedented growth, impact and…
Jackson / MI. (dfp) Dawn Food Products Inc., a global bakery manufacturer and ingredients supplier, announced the promotion of Felisa Stockwell to Vice President, Global People and Culture. Stockwell joined Dawn in 2017 and has continuously delivered impactful programs to…
Battle Creek / MG. (kc) Kellogg announced that its Board of Directors has approved a plan to separate its North American cereal and plant-based foods businesses, via tax-free spin-offs, resulting in three independent public companies, each better positioned to unlock their standalone potential.
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…
Hanover / PA. (utz) Utz Brands Inc., a leading U.S. manufacturer of branded salty snacks, announced two promotions to its Executive Leadership Team. This announcement reflects the Company’s efforts to further strengthen its executive leadership team by adding domain expertise in manufacturing…
Chicago / IL. (mdlz) Mondelez International announced an agreement to acquire Clif Bar + Company, leading U.S. maker of nutritious energy bars with organic ingredients, for USD 2.9 billion with additional contingent earn-out consideration. The acquisition of leading on-trend brands…
Amsterdam / NL. (wes) EuroSkills is the biggest vocational education and skills excellence event in Europe. Held every two years and organised by WorldSkills Europe together with 31 Member Countries, EuroSkills brings together hundreds of young people under the age of 25 from…
