The impact of the strong Swiss franc meant that sales growth at
bakery group Hiestand slowed slightly in the first six months, but
the company maintains that it is in line for further growth, not
least following a major new deal with...
Sales at Hero, the Swiss consumer foods and baking aids group,
increased by more than 10 per cent in the first half of the year,
helped by the acquisition of a majority stake in the German
business of Schwartau in April.
Arkady Craigmillar, a UK supplier of bakery ingredients and frozen
products, announced this week that production of its confectionery
mixes will move to its Manchester factory from a Unilever-owned
facility in Suffolk.
The ownership of UK food producer RHM, formerly known as Ranks
Hovis McDougall, is once again in question, according to a recent
interview. The company may soon change hands for the third time in
Panera Bread Company, the US-based bakery franchise, has reached an
agreement with a group of investors to open 14 bakery-cafes in
northwest Los Angeles county. Adler, Glazer and Wyss will operate
under the franchise group name Mariposa...
America's biggest food company, Kraft Foods, announced a rise of 20
per cent in earnings for the 2002 first quarter, attributing strong
volume growth in beverages, desserts and new products to the