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General Mills wins fight to label Nature Valley granola bars as ‘natural’

General Mills has won a lawsuit alleging its Nature Valley granola bars cannot be labelled “100% natural” as they purportedly contain traces of herbicide.

Gold Coast Bakeries acquired by Peak Rock Capital

Gold Coast Bakeries is the latest food and beverage company to be snapped up by private equity firm Peak Rock Capital as it expands its portfolio.

Grupo Bimbo to close Canada Bread’s Calgary bakery

Canada Bread will shut down its production plant in Calgary, Alberta on Sept. 8, 2017, to drive productivity improvements.

M&A

KP Snacks acquires UK popcorn brand Butterkist

KP Snacks is acquiring Tangerine Confectionery’s popcorn business Butterkist for an undisclosed amount. 

Espiga de Ouro US$50m investment could stabilize Mozambique’s bread price

Maputo-based Espiga de Ouro has invested more than US$50m in the country’s biggest industrial facility that could further alleviate the threat of an erratic bread price in Mozambique.

Sweets & Snacks Expo 2017

1-800-Flowers set to compete with Amazon with new snacking brand

1-800-Flowers says it is considering acquiring a new brand from the snack category, such as nuts, to boost its e-commerce business. 

General Mills prioritizes cereal growth for fiscal 2018

General Mills said it will focus on growing its cereal venture with Nestlé, unlocking growth opportunities and investing in NPDs to overturn the company’s historical decline in quarter-on-quarter revenues.

Top 10 US salty snack brands in 2017 so far: Sales soar for Frito-Lay’s Ruffles brand

IRI data reveals the 10 biggest brands in eight key US salty snacks categories in the first half of 2017.

PepsiCo sales boosted by pricier ‘guilt-free’ premium snacks

PepsiCo’s chairman and CEO Indra Nooyi says price hikes and a focus on premium products like Lay’s Poppables and Quaker Overnight Oats helped increase 2017 Q2 sales, despite flat volume...

General Mills summer 2017 line-up meets global demand for simplicity

The Minneapolis-based food manufacturer has released its line-up of products to be launched around the world.

Summer Fancy Food 2017

Dewey’s Bakery enters US grocery stores with branded cookies and crackers

North Carolina-based Dewey’s unveiled a range of Southern cuisine-inspired cookies and crackers at the Summer Fancy Food Show held in New York City recently. 

ADM cements Western Europe footprint with Chamtor acquisition

Archer Daniels Midland (ADM) has finalized its purchase of Chamtor, a French producer of wheat-based sweeteners and starches.

M&A

American Bakers Association merges with Biscuits and Cracker Manufacturer’s Association

The American Bakers Association (ABA) has added 116 Biscuits and Cracker Manufacturers’ Association (B&CMA) companies to its membership list after the merger between the two organizations came into effect on...

WATCH: First packaged edible insect snack for China to be launched

A chip style snack made with silkworm powder is to be launched in China, in what is believed to be the first edible insect-based packaged product to go on sale...

Nestlé pledges to cut sugar by 10% in UK breakfast cereals

Cereal Partners Worldwide, a joint venture between General Mills and Nestlé, has announced it will further reduce the sugar content in its Nestlé-branded cereals in the UK over the next...

Startup Watch

Googly Fruit: Candy alternative for kids gets first UK brick and mortar listing

Fruit snack brand Googly Fruit will enter Superdrug stores in the UK this summer.

Warburtons faces second 2017 fine of more than £1m ($1.29m) for endangering workers’ safety

The UK bakery giant has been fined £1.9m ($2.45m) after admitting a breach of health and safety rules at its Eastwood factory.

News in brief

Post Holdings completes Weetabix acquisition

Post Holdings today has finalized the acquisition of Weetabix, an 84 year-old UK ready-to-eat cereal company.

Irish chip maker Tayto Group cements foray in British vending sector with West Country acquisition

Tayto Group’s (TGL) sister company, Montagu Group, has acquired Bath-based West Country Vending Service (WCVS) for an undisclosed amount.

Bakery startup Foodstirs to benefit from Amazon-Whole Foods deal

Greg Fleishman, co-founder and COO of Foodstirs, said Amazon’s acquisition of Whole Foods will allow organic ingredients to reach more audiences.

General Mills saw sales and profit suffer during “year of significant change”

The Cheerios maker reported a dip in net earnings and sales during the fourth-quarter and full year 2017.

Patriotic Product Round-up: Matzo crackers, key lime cookies and poutine donuts

This month, we take a look at some proudly American products released in time for Independence Day celebrations this weekend.

News in brief

Brian Driscoll elected president and CEO of Snyder’s-Lance

Snyder's-Lance board of directors has permanently appointed interim president and CEO Brian Driscoll.

Quarterly earnings

Acquisition of Thanasi Foods contributes to ConAgra’s Q4 growth, despite sales decline

The Thanasi Foods acquisition provided traction for ConAgra's growth in 2017, despite a sales decline across the board.

Exclusive interview

Biscuits are capitalizing on the health trend, especially among seniors, says pladis

The biscuit category changed in Britain in 2016 amid consumer demand for healthier indulgences, Steve Gladwell, CMI director of pladis tells BakeryandSnacks.

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