Grupo Bimbo buys East Balt Bakeries to expand global footprint
Grupo Bimbo has acquired East Balt Bakeries from One Equity Partners for $650m to give the Mexican conglomerate entry into eight new countries in Asia, the Middle East and Africa.
Archives for July 20, 2017
'We're the first product that dreams of impeaching the US president'
German start-up Smuus mixes food, politics & tongue-in-cheek marketing
German start-up Smuus has an original concept with its fruit and vegetable smoothies for yoghurts, desserts, bread, meat and cheese. But the campaign for its peach-flavoured product, which promises to donate 10% of profits to charities fighting the...
Hershey to ‘truly be a snacking company’ with new popcorn brand
Hershey has developed its first popcorn brand Popwell, which it is rolling out across the US in selected retailers.
The top 10 US bread suppliers in 2017: Rising sales for Aryzta, Bimbo and Flowers
US fresh bread value sales have flat-lined so far in 2017, but there are some rising stars, IRI data for the 52 weeks, ending June 11, 2017 shows.
Simple ingredients renovation
Next step: Mondelēz to cut sugar, salt, sat fat and artificial ingredients in power brands
Cadbury owner Mondelēz International plans to renovate its power brands with simpler ingredients and improved nutrition after meeting some of its well-being targets early.