The Minnesota-headquartered food major has offloaded its European dough business to The Cérélia Group, a French producer of ready-to-bake dough solutions, to consolidate its impetus in North America, its largest market.
Weston Foods’ first ever Bakeology Report reveals what we all know by now – that the pandemic has triggered a re-evaluation of food choices among consumers – but it also highlights the relevance that bakery continues to play in Americans’ lives.
Ferrero has edged out Hostess to capture the cereal giant’s cookie, fruit snacks and ice cream cone family of brands, including Famous Amos, Murray’s and the Girl Scouts of the USA brand Little Brownie Bakers, plus Stretch Island and Fruity Snacks.
Japanese snack giant Calbee posted a profit decline for its third quarter results for fiscal year ending March 31, 2018 due to sharp slowdown in North America, possibly putting its business partnership with PepsiCo on the line.
Rovema North America which designs and supplies packaging machinery for the bakery, confectionary and coffee market, among others, has acquired Rovema Packaging Machines - all of its Rovema brand-related business.
Forecasting Benchmark Study compares CPG firms in N. America & Europe
Terra Technology, which works with Mondelēz International, Kraft Heinz, General Mills, Kellogg and Campbell Soup, to provide inventory optimization and transportation forecasting has launched its Forecasting Benchmark Study to make supply chains less...
Tetra Pak says it has developed an ice cream extrusion line with the highest capacity in the world, producing up to 43,200 pieces of ice cream sticks and sandwiches per hour, (the average is 36,000) with plans to launch a second one in Q1 next year.
Responding to market gaps created by industry consolidation and closures, Sappi North America (NA) has leapt into the packaging market with the launch of its Packaging Group and a label paper called LusterCote.
Swiss bakery firm Aryzta will acquire Canada’s Pineridge Bakery and US Cloverhill Bakery for a collective sum of €730m (US$1.01bn) in a move its CEO says will shift the company into more relevant convenience channels.
As crusading investor Nelson Peltz lets off another bomb in the Pepsi boardroom – this time in the form of a 37-page letter criticizing the firm’s snack/soda integration – we examine the arguments for and against any split.