Diversified private-brand specialist Ralcorp Holdings has announced it will consolidate its cereal, pasta, snacks and sauces businesses at a price of $17m-$22m in a bid to improve efficiency, slash costs and drive business forward.
UK-based bakery firm Finsbury Foods has announced improved sales in a trading update for the full financial year today as exports in its cake division are helped by its European joint venture and gluten-free products excel.
Surging demand for natural colours, ongoing emerging markets growth, coupled with steady performances in core cheese, meat and cultures and enzymes businesses has delivered healthy Q3 results for Chr Hansen.
Australian food firm Goodman Fielder is fusing its bakery business with three site closures as part of a strategic reorganisation of its business to reduce costs and improve efficiency amid struggling sales.
Italian firm Barilla Holding has announced its intentions to sell German private label bakery business Lieken in order to focus on branded bakery and growth in its pasta, sauces and ready meals businesses.
Leading US analysts believe that major shareholders are pushing for a PepsiCo split that could happen sooner rather than later, and said the firm could spin-out or sell its Americas Beverages or American snacks businesses.
Manufacturers of baked goods and other foods in Germany, Switzerland and Liechtenstein will benefit from extended services and capacity following the sales partnership between Kampffmeyer Food Innovation (KFI) and Meyerhans Mühlen.