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.
Riceworks has landed a significant ‘highly customised financing solution’, enabling it to initiate an aggressive expansion strategy across North America, along with new product lines.
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.
Subscription-based delivery company Oatbox has raised C$1.55m ($1.17m) to strengthen its position in the competitive North American home delivered meal kit market.
The US flour miller has announced its support of the growing network of North American quinoa farmers with the roll-out of its new Great Plains Quinoa line.
One of the largest yeast and bakery ingredient products and solutions firm in the US, AB Mauri, has reached an agreement to acquire the business and assets of Specialty Blending Company.
Napasol AG acquires licensee Napasol North America
Switzerland-based Napasol AG has acquired its licensee Napasol North America (NNA) which commercializes pasteurization equipment to the nut, seeds, herbs and spices industry.
Berry Plastics Group has entered into an agreement to acquire AEP Industries (AEP), a manufacturer of flexible plastic packaging films in North America, for $765m, expected to close in December.
Ferrero has reportedly made a bid to acquire Belgian biscuits and pastries manufacturer Delacre in a move one analyst says could support a push for North America and reduce its reliance on chocolate.
US ingredients equipment supplier Shick Solutions has been acquired by Bretèche Group for an undisclosed sum and will be joining forces with Bretèche businesses including Diosna, VMI and Esteve.
Grupo Bimbo says it now has a major opportunity to boost the efficiency and productivity of its US and Canada business after concluding restructuring work.
Increased marketing investment and more effective promotional activity has helped drive a 21% year-on-year hike in net sales of Grupo Bimbo’s North American business.
Speciality baking business Aryzta has reported a decline in underlying revenue from its US division, while in-store bakery growth has driven a strong performance in Europe.
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.
Belgium-based bakery and patisserie supplier Puratos Group is aiming to grow its presence in North America following its acquisition of US business Pennant Ingredients.
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...
Sonoco will raise the price for all grades of uncoated recycled paperboard (URB) products by $45 per ton, effective with shipments in the US and Canada from August 31, 2015.
CCL Industries has signed an agreement to build a manufacturing plant for in-mould-labels (IML) in Memphis, Tennessee, with Korsini, a European IML producer in Izmir, Turkey.
Highest consumption of ice cream is in North America
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.
RockTenn and MeadWestvaco (MWV) have joined to create a provider of consumer and corrugated packaging in a transaction with a combined equity value of $16bn.
Packaging manufacturer FILMtech is poised for growth now that it has installed its fourth metallizing machine and completed an 18,000-sq-ft warehouse and shipping center.
The popcorn category saw a 94% increase in product launches from 2010 to 2014 with 422 of these coming from North America, says a trend report from FONA International.
Frito-Lay posted steady growth for Q2, fueled by excitement and consumer engagement through flavor competitions, says PepsiCo’s chairman and CEO Indra Nooyi.
Fuchs North America will launch a line of snack seasonings that draw inspiration from Asia, South America and the Mediterranean region to differentiate amid the ethnic flavor boom.
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.
The InterFlex Group has acquired Star Packaging Corporation, a flexible packaging converter with markets in the North American bakery, chemicals and snack food sector.