A consortium of two private-equity firms has emerged as the lead bidder for the majority of Hostess Brands' cake business, including the Twinkies brand. Apollo Global Management and Metropoulos submitted a US$410m offer for the Hostess ...
Canadian baker Canada Bread, in which Maple Leaf Foods has a 90% stake, has announced plans to close two bakeries, affecting around 120 jobs. The facilities are located in Grand Falls in New Brunswick and Edmonton in Alberta. The ...
Tags: Canada Bread, baker, Maple Leaf Foods
Hostess Brands, the bankrupt producer of bakery products in US, has selected affiliates of Apollo Global Management and Metropoulos as stalking horse bidders for majority of its snack cake business, including Twinkies brand. Apollo Global ...
Hostess Brands has named McKee Foods and United States Bakery as the stalking horse bidders for its Drake's cake business and various bread brands. In a statement released late yesterday (28 January), Hostess said that McKee Foods has ...
Tags: Hostess Brands, McKee Foods, Horse Bidders
Hostess Brands, the bankrupt producer of bakery products in US, has selected two stalking horse bidders, McKee Foods and United States Bakery, for its Drake's snack cake brand and Sweetheart, Eddy's, Standish Farms, and Grandma Emilie's ...
The boss of Britain’s biggest food manufacturer, Premier Foods, has quit the debt-laden company today (January 28) after only 18 months, in a move that surprised City analysts. Shock move: Michael Clarke is to quit Premier Foods. ...
Tags: Premier Foods, Boss, Michael Clarke
US-based foodservice equipment company Middleby has acquired Spooner Vicars Bakery Systems, a manufacturer of baking systems for the cookie and cracker industry. Spooner Vicars Bakery Systems, established in 1849, offers equipment and ...
Tags: oodservice equipment, Middleby, Spooner Vicars Bakery Systems
US baker Flowers Foods has reached an agreement with Hostess Brands to acquire its Wonder, Nature's Pride, Merita, Home Pride and Butternut bread brands for around US$360m. Flowers has emerged as the "stalking horse" bidder that, if the ...
Tags: US, baker, Flowers Foods, Hostess Brands
US baker Flowers Foods has reached an agreement with Hostess Brands to acquire its Wonder, Nature's Pride, Merita, Home Pride and Butternut bread brands for around US$360m. Flowers will also take on 20 of Hostess' bakeries and ...
Tags: US, baker, Flowers Foods, Hostess Brands
US food group ConAgra foods has appointed General Mills executive Greg Schlafer as president of its Lamb Weston division. Schlafer, who most recently served as VP of the bakeries and foodservice division for General Mills, will join the ...
Tags: ConAgra, food group, US, Greg Schlafer
US-based baking company Flower Foods has signed two agreements to acquire certain bakery assets of Hostess Brands. The value of the total deal is approximately $390m. One of the agreements includes purchase of the Wonder, Nature's Pride, ...
Tags: US, Flower Foods, agreements, bakery assets, Hostess Brands
Premier Foods announced this morning (11 January) it is planning to close its Glasgow-based flour mill. The company said the move follows a review of its milling capacity and reflects a need to reduce milling volumes. The closure will ...
Tags: Premier Foods, Glasgow, flour mill, close
UK-based Premier Foods plans to shut down its Glasgow flour mill by the end of the first quarter of 2013,in response to low milling volumes. The closure of the facility is expected to lead to a loss of 15 jobs.This decision comes after ...
Tags: Premier Foods, shut down Glasgow flour milling facility
Britain’s biggest food manufacturer Premier Foods plans to close its Glasgow flour mill, casting doubt over the future of 15 jobs at the Dunaskin Street site. Premier Foods plans to close its Glasgow flour mill, putting 15 jobs ...
Tags: Britain, food manufacturer, remier Foods, jobs
British baking firm Warburtons is set to shut down its Blackpool bakery facility,a move that is expected to result in 55 job losses. Production at the facility will be suspended by the end of January.Factors such as challenging economic ...
Tags: Warburtons, Blackpool bakery facility, British baking firm, UK