Burns Philp spins off bakery ingredients unit
Australian ingredients and food group Burns Philp cashes in on value creation to fund future investments, spinning off its baking, spreads and oils divisions into a separate firm.
Australian ingredients and food group Burns Philp cashes in on value creation to fund future investments, spinning off its baking, spreads and oils divisions into a separate firm.
Pressure on prices for cereal ingredients will continue as revised figures show a draw down in global cereal stocks in 2005.