The bakery market is remaining resilient in the face of continued market pressures, as merger and acquisition (M&A) activity remains strong in 2023, Craig Gibson, managing director at TM Capital, shared during an International Dairy Deli Bakery Association...
JM Smucker Co. is selling its iconic line of Crisco oils and shortening to B&G Foods for $550m cash in a deal that allows it to dedicate more resources to its “core growth platforms” while simultaneously strengthening B&G’s small but growing baking...