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Goodman Fielder’s major restructuring strategy; cuts 200 jobs

More than 200 jobs could be lost under restructuring plans by the Australian bakery giant.

Australian bakery giant Goodman Fielder is investing over $650m in the next three years in a restructuring and consolidation programme across its markets. Pic: Goodman Fielder

Kellogg Company announces new CFO

Kellogg Company has named Fareed Khan as its new chief financial officer and principal financial officer.

Clover buys stake in Olive Pride; announces new JV

Publicly-listed Clover Industries has announced it has acquired a 51% stake in olive and olive oil supplier Olive Pride.

Entrepreneur sees demand for bakery processing equipment following eCommerce Hub success

Entrepreneur George Spears, of ePurchasing Network (ePN), has created an eCommerce Hub for resellers (dealers) and distributors.

Hain Celestial taps better-for-you snack growth by expanding tortilla chip portfolio

New York-based natural and organic food company, Hain Celestial, has introduced two new tortilla chip products under its Garden of Eatin’ brand. 

Three Squirrels expects to be incorporated after reporting net profit of over $29m

Rumor has been mounting over the last month that e-commerce snack brand in China, Three Squirrels, is planning to be incorporated in the near future, BakeryandSnacks learned from various sources.

Contaminated illegal Nigerian snacks and foodstuffs repeatedly rejected by EU

Numerous Nigerian products, including nuts and seeds used by the snacks and bakery industries, have been refused entry into the EU in the past two years as they’ve been found to be riddled with microbes such as Salmonella, aflatoxins and mould.

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