The Oreo maker has snapped up the Australian company – which holds a strong position in the attractive premium biscuit and cracker category – for an undisclosed amount from Sydney-based private equity firm CPE Capital.
The 25% penalty on sweetened biscuits and waffle products exported from Germany to the United States has had a negative impact on its manufacturers, claimed the Association of the German Confectionery Industry (BDSI).
UK manufacturer pladis announced sales of biscuits grew by £66m (2.5%) - the category is now worth £2.7bn ($3.42bn) - and said it was on its way to unlocking a £264m opportunity within the coming three years.
The Center for Environmental Health (CEH) has launched legal action against several US biscuit manufacturers and retailers for allegedly failing to warn consumers about the high levels of acrylamide (AA) in their products.
Australian biscuit brand Tim Tam has entered the US market for the first time after the company decided to cater to the US consumer demands for on-the-go snacks, with a distribution deal with Connecticut-based commercial bakery Pepperidge Farm.
Brazil’s biscuit, pasta and industrial cake and bread industry has seen annual sales increase 11.5% to BRL 32.20bn ($10.56bn), up from BRL 28.88bn in 2013, announced the leading trade association in the sector.
Concerns over health have benefited the healthier sweet biscuits segment, according to new research by Mintel, as the industry seeks to improve its health credentials by reducing saturated fat levels and calorie content.
Britain's biggest biscuit producer, United Biscuits, is aiming to drive growth across the biscuit and cake categories in 2011 through reformulation of products for a stronger health positioning as well as updating packaging, amid ongoing divesture...
UK exports of cereals and bakery products last year rose by almost 30 per cent over the previous year, led by breakfast cereal exports, according to a recent report from the nation’s Food and Drink Federation (FDF).
Many UK biscuit and cake products have reached their salt-reduction
limit, thanks to bakers' efforts to cut salt components, according
to Barbara Gallani, manager of the Food and Drink Federation's
Biscuit, Cake, Chocolate...
The leading French private label sweet biscuit maker, Biscuits
Poult, has received a €12.5m boost from buyout fund firm European
capital as the firm invests in the company's standing in the
domestic bakery market.
Biscuit consumption in China has soared in recent years, on the
back of changing consumer lifestyles and a general growth in
disposable incomes, according to a report published by Leatherhead
Food International (LFI).
UK biscuit maker McVitie's is to cut 33 jobs at its Carlisle
factory, after damage caused by floods in January permanently
disabled four production lines, reducing the plant's total output
by 20 per cent.
France's Danone Group continues to see lower returns from its
biscuit business, haunted by rising raw materials costs, changing
consumer appetites and increased competition. But will the sale of
the Jacob's British and Irish...
Jacob's Bakery, the British biscuit and snack manufacturer owned by
French group Danone, has launched a new summer promotion on packs
of Iced and Choc Gems which offers consumers a free, re-useable
camera in exchange for three...
Expro, one of the biggest producers of crackers and sweet biscuits
in the Guatemalan market, has installed two additional production
lines from the UK's APV Baker group to help it double its capacity
and pursue aggressive growth...
After months of bitter negotiations with staff at its Fontaneda
biscuit unit in Spain, Britain's United Biscuits group has agreed
to sell the company to Siro, another Spanish biscuit maker which
has agreed to maintain staff levels...