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News > July 2017

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Ruiz Food Products in $79m expansion

Ruiz Food Products will invest $79m to expand its South Carolina factory, creating 705 jobs.

Premier Foods first quarter sales dip, despite good growth from Cadbury cakes

Mr Kipling maker Premier Foods’ reported a 3.1% sales dip in 2017 Q1 as warmer weather negatively affected winter favorites like Bisto and Oxo, but this was offset by bigger...

Schubert wins packaging contract with Belgian biscuit manufacturer

Belgian biscuit manufacturer Destrooper-Olivier has partnered with Gerhard Schubert after meeting them at the 2016 ProSweets trade fair in Cologne.

'We're the first product that dreams of impeaching the US president'

German start-up Smuus mixes food, politics & tongue-in-cheek marketing

German start-up Smuus has an original concept with its fruit and vegetable smoothies for yoghurts, desserts, bread, meat and cheese. But the campaign for its peach-flavoured product, which promises to...

Grupo Bimbo buys East Balt Bakeries to expand global footprint

Grupo Bimbo has acquired East Balt Bakeries from One Equity Partners for $650m to give the Mexican conglomerate entry into eight new countries in Asia, the Middle East and Africa.

Simple ingredients renovation

Next step: Mondelēz to cut sugar, salt, sat fat and artificial ingredients in power brands

Cadbury owner Mondelēz International plans to renovate its power brands with simpler ingredients and improved nutrition after meeting some of its well-being targets early.

The top 10 US bread suppliers in 2017: Rising sales for Aryzta, Bimbo and Flowers

US fresh bread value sales have flat-lined so far in 2017, but there are some rising stars, IRI data for the 52 weeks, ending June 11, 2017 shows.

Halal certification ‘unnecessary’ down under for Special K and Cornflakes, says Kellogg

Special K and Cornflakes maker Kellogg Company Australia and WeetBix producer Sanitarium have stopped paying for halal certification, stating their products are ‘inherently halal’.

FDE: Act now before Commission considers maximum levels

Mandatory acrylamide action could be in place by spring 2018

An EU vote backing the Commission's proposal to reduce acrylamide in food and drink could see mandatory mitigation action and benchmark levels in place by spring next year, with maximum levels...

Snyder’s-Lance funds upgrades at Baptista’s Bakery and Cape Cod Potato Chips plants

Baptista’s Bakery and Cape Cod Potato Chips have received capital from their parent company, Snyder's-Lance, to upgrade their factories. 

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.

Long-fibre prebiotics show promising sweetness, say scientists

How to keep things sweet without adding calories – is it a Holy Grail or could UK scientists have found a solution thanks to long-fibre prebiotics?

Caramel supplier Nigay to open €20m French factory

French caramel supplier Nigay is to invest €20 million in a second factory in Northern France.

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.

Cereal breakthrough: Scientists unveil wild wheat genome sequence capable of boosting future food production

For the first time, researchers have identified the genome sequence of Wild Emmer – the original form of nearly all domesticated wheat – which will have a significant impact on...

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.

EnWave and Nestlé’s Nestec to pilot food dehydration technology

EnWave has signed an agreement with Nestec, part of Nestlé, to test its Radiant Energy Vacuum (REV) food dehydration technology – a proprietary method for the dehydration of organic materials....

M&A

KP Snacks acquires UK popcorn brand Butterkist

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

Top 10 UK snack bar brands: goodnessKNOWS how Mars’ debut will change the playing field

Mars Chocolate has launched goodnessKNOWS bars in the UK, hitting the nerve of time that could disrupt the UK’s Top 10 snack bar brands, says Euromonitor.

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.

Research links NAFTA to Canada’s increasing obesity and diabetes rates

Research published on Canadian Medical Association Journal suggests the North American Free Trade Agreement (NAFTA) is associated with a significant rise in high-fructose corn syrup (HFCS) consumption in Canada. 

IFT 2017

Bakery sector registers biggest growth of plant-based proteins: Axiom Foods

Rice and pea protein manufacturer Axiom Foods said bakery manufacturers are more receptive to plant-based proteins than ever before.

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.

Highest ergot alkaloid levels in rye products - EFSA

The highest levels of ergot alkaloids (EAs) were found in rye and rye-containing commodities, according to an updated EFSA exposure assessment.

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