US-based food company General Mills has reported that its net earnings increased 1.8% to $398.4m for the third quarter of 2013, compared to $391.5m for the same period in 2012. The modest growth in profit was due to one-time charges and ...
Tags: food company, food, Bakeries
US snack food manufacturer McKee Foods has been selected as the leading stalking horse bidder to acquire Hostess Brands' Drake's snack cake business for $27.5m. Hostess Brands stated that the deal will be presented to the US Bankruptcy ...
Tags: Mckee Foods, Drake's Snack Cake, Food
Researchers at Oregon State University have developed a new method to convert pulp from crushed wine grapes into a food preservative, biodegradable packaging materials and a nutritional enhancement for use in baked goods. For the study, ...
Tags: Oregon State University, Food Supplements, Wine Grapes Waste
Halal Certification is becoming more relevant in today's market mainly because people are more aware of the Halal concept. It is not just about religious related matters but it extends to the products or services being deemed safe for ...
Tags: Halal Certifications, types, Halal industry
Linde North America and Shick have launched a newly renovated test facility that combines precise temperature control with pneumatic ingredient-conveying solutions. Featuring a pneumatic conveyor equipped with a CO2 injection chilling ...
Tags: Linde North America, Shick, test facility
UK-based bakery products manufacturer Finsbury Food has sold its free-from bakery business to Scottish firm Genius Foods for pound 21m, as part of its efforts to focus on core cake and bread businesses. The sale includes two subsidiaries ...
Tags: bakery products manufacturer, Finsbury Food, free-from bakery business
Finsbury Food Group has sold its free-from business to Genius Foods for Pound 21M to focus on its core bread and cake business and reduce debt. Genius Foods has a 50% share of the UK gluten-free bread market The free-from business ...
Tags: Finsbury Food Group, Genius Foods, UK
Associated British Foods has forecast flat revenue from its grocery division in the first half of its fiscal year amid challenging conditions in bread markets in the UK and Australia. ABF, which owns the Kingsmill bread brand in the UK ...
Tags: ABF, flat revenue, grocery division
Swiss food company Aryzta has entered into an agreement to acquire Klemme, a leading bakery in Germany, for EUR280m, as part of a strategy to strengthen its presence in the region. Klemme, established in 1991, operates seven bakeries with ...
Tags: Aryzta, food company, Klemme
Swiss bakery giant Aryzta is to buy German peer Klemme in a bid to expand its business with the country's retailers. Aryzta said the EUR280m (US$376m) deal, which remains subject to Germany's competition authorities, would make it a ...
Tags: bakery giant, Aryzta, Klemme
Last year was packed with surprises for the food and drink manufacturing sector, according to business guru Paul Wilkinson. Paul Wilkinson reviewed a year of food and drink manufacturing surprises Here we capture the highlights of his ...
Bimbo Bakeries USA, the American arm of Mexican baking company Grupo Bimbo, is voluntarily recalling its bakery products across the US due to the possible presence of flexible wire. According to the company, the fault has been caused due ...
Allen Shiver, president of US baker Flowers Foods, has been named the company's new CEO. Shiver, who has spent over three decades at Flowers, will replace George Deese in May. Deese, also Flowers chairman, will become executive chairman. ...
Tags: Allen Shiver, US baker Flowers Foods, CEO
Associated British Foods has added to its Allinson bakery line in the UK in addition to launching a GBP1m (US$1.6m) marketing campaign, which includes the first TV ad for the brand for a decade. The new line, launched yesterday (4 ...
Four months after joining Premier Foods, its chief operating officer Geoff Eaton has left the firm, on the same day (February 4) its new ceo Gavin Darby, joined the debt-laden food manufacturer. Geoff Eaton has left Premier Foods after ...