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
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 ...
US food group Campbell Soup Co. has recorded a drop in first-half profits as costs related to its acquisition of Bolthouse Farms hit earnings. Earnings in the six months ended 27 January fell to US$430m, a 7.3% decline on last year, the ...
US food company Hillshire Brands has completed the sale of its Australian subsidiary Kitchens of Sara Lee (KOSL) to McCain Foods (Aust), a subsidiary of McCain Foods, for A$82m ($85m). McCain Foods (Aust) entered into an agreement to ...
Tags: food company, Foods, frozen food
US-based food processor and distributor Golden State Foods has acquired a majority stake in Groenz through a joint venture agreement. Groenz is a manufacturer of sauces, dressings, condiments and powders for the quick service restaurant ...
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 ...
Linpac Packaging, a UK-based food packaging manufacturer, is set to introduce Freshware range under its new Freshform division, marking its entry into the chilled retail prepared and convenience foods segment. The new launch complements ...
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 ...
Arla Foods Ingredients (AFI), a subsidiary of Swedo-Danish cooperative Arla Foods, is set to establish a lactose manufacturing facility in Denmark with an investment of EUR120m. The plant will be located next to Denmark Protein in Nr. ...
Tags: Arla Foods Ingredients, AFI, lactose manufacturing facility
Arla Foods Ingredients has revealed plans to invest EUR120m (US$160.1m) in the establishment of a lactose manufacturing facility in Denmark. The plant will be constructed next to the firm's existing main protein factory in Jutland, and ...
Tags: Arla Foods Ingredients, lactose manufacturing facility, Denmark
Warbutons aims to double its free-from sales during 2013 with a view to becoming the largest brand in the growing free-from sector. As part of this drive, the company is rebranding its line-up of gluten-free and wheat-free products, which ...
Tags: Warbutons, free-from sales, 2013
British baking firm Warburtons has relaunched gluten-free and wheat-free bakery products under Newburn Bakehouse brand. The brand's portfolio also includes white, brown and fruit loaves, as well as white and brown sub rolls, and two ...
Tags: baking firm, Warburtons, bakery products
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
US-based Fairytale Brownies is set to introduce gourmet products, including new Fairytale cookies and half-Size brownies. The company noted that the new individually wrapped cookies - Caramel Pecan, Double Chocolate, Peanut Butter ...