Canada Bread Company in $120m Olivieri Foods sale
Maple Leaf Foods subsidiary, Canada Bread Company, is selling Olivieri Foods to Ebro Foods, Madrid, for approximately $120m.
Archives for October 28, 2013
Nutrition policy expert: Switch to healthy oils now - before regulation
A nutrition policy expert has urged bakers to switch to healthy oils for fat replacement in bakery to make up for under-consumption and preempt future regulation.
dispatches from K Show 2013
Metabolix: A certain shade of green
Metabolix has said that biopolymers are still playing catch-up in some areas but are on a level in others as the firm launched its latest product.
Puratos rolls out fat-cutting, long-life fillings globally
Puratos Group has developed a line of multifunctional baked good fillings that can slash fat and improve shelf life while tapping into indulgence, its product manager says.
Taste for natural foods drives $5.8bn additives market
Increasing taste for natural foods products is fueling growth in the additives market, expected to hit $5.8bn by 2018.
Hearthside Food Solutions in rumored $1bn sell-off
Private equity firm Wind Point Partners is rumored to sell off Hearthside Food Solutions for more than $1bn, according to Reuters news agency.
Samjo starts up new plant with eye on China’s bakery market
Korean food firm Samjo Celltech is set to begin production of sauces and seasonings at its new plant in the Chinese city of Weihai in eastern Shandong Province, the company said on Monday.
Kellogg frustrated and disappointed over Memphis lockout
The Kellogg Company has locked out workers at its Memphis plant over union rows regarding casual labor contracts; a decision it says has left the company in a “frustrating and disappointing” position.