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Bakery business
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Finsbury Food Plans to Close Grain D'or Bakery Business
Aug 28, 2017UK-based bakery products manufacturer Finsbury Food Group is planning to close its Grain D'Or bakery business, putting around 250 jobs at risk. The company said that Grain D'Or has been historically loss making even after implementing ...
Tags: bakery products, bakery
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Tesco to Sell Euphorium Bakery Business to Focus on Core Business
Aug 31, 2016British grocery chain Tesco has announced that it will offload its Euphorium bakery chain to refocus on core supermarket business. The move is in line with a strategy initiated by its chief executive Dave Lewis to revive the ...
Tags: Tesco, Euphorium bakery chain
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General Mills Agrees to Sell Its Argentina Bakery and Foodservice Business to Grupo Bimbo
Apr 22, 2016General Mills has agreed to sell its Argentina bakery and foodservice business to a Mexico-based baking company Grupo Bimbo for undisclosed sum. However, General Mills will retain its growing retail food business in Argentina, including ...
Tags: General Mills, Grupo Bimbo, Acquisition
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Everstone Completes Acquisition of Modern Foods
Apr 6, 2016India-based private equity firm Everstone Group has completed the acquisition of Modern Foods, a bakery business of the Hindustan Unilever Limited (HUL). Following the acquisition, Everstone aims to triple the brand's revenue to Rs 10bn ...
Tags: Everstone, Modern Foods, Acquisition, Bakery business, HUL
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Hindustan Unilever to Sell Modern Bread and Bakery Unit to Everstone Group
Sep 10, 2015Hindustan Unilever Limited (HUL) has entered into an agreement for the sale and transfer of its bread and bakery unit, which functions under the name of Modern to Nimman Foods for an undisclosed amount. Nimman Foods is an investee company ...
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Campbell Soup Devides Business Operations Into Three New Divisions
Feb 2, 2015Campbell Soup is planning to reorganize its business operations into three divisions, in a move to accelerate its growth trajectory. Under the new plan, the new divisions, Americas Simple Meals and Beverages, Global Biscuits and ...
Tags: Biscuits, Snacks, Agriculture
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Maple Leaf Foods Announced Changes to Its Organizational Structure and Leadership
Apr 2, 2014Maple Leaf Foods today announced changes to its organizational structure and leadership that will be effective upon completing the sale of its 90% ownership in Canada Bread Company, Inc. to Grupo Bimbo, S.A.V. de C.V., which is expected to ...
Tags: Agriculture, Food
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The Canadian Competition Bureau Has Approved Grupo Bimbo's Acquisition of Canada Bread
Mar 20, 2014The Canadian Competition Bureau has approved Mexican firm Grupo Bimbo’s proposed acquisition of Canada Bread. In February, the Mexican firm agreed to acquire Canada Bread for C$1.83bn ($1.66bn). Canada Bread is the bakery products ...
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Maple Leaf Foods' Results for Fourth Quarter 2013 Was Reported
Mar 4, 2014Maple Leaf Foods Inc. today reported its financial results for the fourth quarter and full year ended December 31, 2013. Adjusted Operating Earnings(1)(2)(3) for the fourth quarter was a loss of $21.7 million compared to Adjusted ...
Tags: Maple Leaf Foods, Food
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Maple Leaf Foods Launches an Auction for Bakery Business,Includes 90%-Owned Canada Bread
Oct 30, 2013Maple Leaf Foods, a Canada-based meats and baked goods producer, has launched an auction for its bakery business, which includes 90%-owned Canada Bread. Canada Bread is a manufacturer bread, rolls, bagels and sweet goods, specialty pasta ...
Tags: Agriculture, Food, Bread
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Maple Leaf Foods Is Looking at Selling Its Bakery Business
Oct 23, 2013Maple Leaf Foods, a Canada-based meats and baked goods producer, is looking at selling its Bakery business, which includes 90% stake in Canada Bread. The company has recently completed a comprehensive review of opportunities to accelerate ...
Tags: Maple Leaf Foods, Bread
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Ferguson Plarre Bakehouses Have Launched Carbon Neutral Bags
Jun 4, 2013Australia bakery business Ferguson Plarre Bakehouses have launched carbon neutral bags across its network of 58 stores in Victoria. According to the company, the new bags are manufactured by Lombard The Paper People, and meet ...
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Finsbury Food Has Sold Its Free-From Bakery Business to Scottish Firm Genius Foods
Mar 4, 2013UK-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
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McCain Foods Completed The Acquisition of KOSL Australia From Hillshire Brands
Feb 7, 2013McCain Foods has completed the acquisition of Kitchens of Sara Lee (KOSL) Australia from Hillshire Brands.The transaction is valued at A$82m. The acquisition of KOSL includes a manufacturing facility at Lisarow, New South Wales, as well ...
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Hillshire Brands Completed The Sale of Its Australian Subsidiary KOS to Aust
Feb 6, 2013US 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
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