The Peebles and Post cereals maker’s strategy to unlock more value through prudent acquisitions is paying off, posting a 19% increase in net sales for Q3, driven in the main from the acquisition of TreeHouse’s private label cereals and the Peter Pan peanut...
Grupo Bimbo has set its sights on the fast growing better-for-you cookie sector and swooped up Emmy’s Organics, a New York-based producer of ultra-premium organic cookies.
Despite aggressive opposition, intervention by the Government and the tabling of a ‘compelling’ proposal to save the 472 jobs at stake, pladis is proceeding with the closure of its historic biscuit factory in Tollcross, first communicated to employees...
Dublin-headquartered Valeo Foods – which itself was bought by Bain Capital Private Equity (co-founded by politician Mitt Romney) for £1.5bn in May – has agreed to acquire New World Foods Europe (NWFE) from Australian FMCG entrepreneur Tony Quinn.
Manchester-based Kellogg’s has promoted Christopher Hayden-Hayes to oversee its people strategy for the UK and Ireland – the cereal giant’s largest market in Europe – while still retaining HR responsibility for its European IT function.
French bakery manufacturer Bridor has partnered with world-renowned pastry chef Pierre Hermé to launch a collection of Viennese pastries, ChicP is on a mission to encourage Brits to waste less and eat more of what’s left in the fridge, and a ‘comedically...
All of Kellogg’s 50+ factories around the world have been hit by supply shortages due to a range of disruptions, from a 10-day pandemic lockdown in Malaysia to civil unrest in South Africa, CEO Steve Cahillane told analysts on a conference call.
It's hard to imagine what began as a family pancake recipe, which co-founder Joel Clark would sell to neighbors in brown paper bags from a little red wagon as an 8-year-old, would become a $200m business selling a growing portfolio of better-for-you...
Partake Foods has issued a call out for active HBCU students who are interested in a career in the food and beverage industry to apply for the 2021 fellowship programme.
Finsbury Food Group is ramping up its partnership with global drinks giant Diageo to launch one of its signature distilled gins in cake form; along with its 20-year affiliation with Ferrero to introduce a raft of new additions to the Thorntons range focused...
Wholebake is primed for its next chapter following the acquisition of its parent company, Healthfull Holdings Group Limited, by private equity firm Elysian Capital III LP from Bridge Fund Management.
Mekitec Group has cemented its place among the world’s leading food quality control vendors with the acquisition of Grupo Bimbo’s subsidiary, Kanan Smart Solution, in a share transaction.
Continuing to benefit from elevated at-home consumption of its core chocolate brands and growing snacks business, The Hershey Company reported $1.99bn net sales for Q2 2021 (12 weeks ending July 4, 2021) an increase of 16.5% compared to Q2 2020.
Online product delivery platform Gopuff, which delivers thousands of household products from snacks to alcohol from its hundreds of micro-fulfillment centers, has secured $1bn in new funding, raising the company's evaluation to $15bn.
