Royal DSM signed an agreement to acquire Norwegian company Vestkorn Milling, one of Europe’s leading producers of pea- and bean-derived ingredients for plant-based protein products, for an enterprise value of EUR65m.
Mondelēz International focuses on human rights and joins The Sustainable Trade Initiative (IDH) Living Wage Roadmap to help advance living wages in global supply chains. The company commits to paying its employees a living wage.
Ingredient specialists will bring solutions for health-promoting solutions, including plant-based foodstuffs, to ProSweets Cologne from January 30 to February 2, 2022. The show organizers anticipate innovative ingredients will be introduced, which not only go into recipes that are rich in protein and fiber, but also make clean-label claims possible.
In collaboration with major French players in the industrial bakery industry, the MEDEF International confederation has developed a 3D application called ‘Virtual Modern Bakery’.
Dutch technology specialist Kaak announced several equipment revisions and upgrades, during an event celebrating the company’s 175th anniversary and the newly-granted Royal title.
Enzyme designer SternEnzym developed a new compound, Sternzym GA 31077 GF, to support the production of gluten-free wafers. This improver makes gluten-free wafers as stable and crispy as standard wafers.
British bakery chain Greggs is experiencing supply chain shortages sparked by ‘temporary interruptions’ to suppliers following the heavy goods vehicle driver crisis affecting the UK.
Givaudan launched the Givaudan Nordic Experience Centre in Malmö, Sweden, a new facility for product development for its Nordic customers. It provides professional lab space and advanced equipment for product development.
The Hershey Company announced it intends to purchase Dot’s Pretzels. The total purchase price for these two proposed acquisitions is approximately USD1.2 billion, or approximately USD1 billion of investment net of expected future tax benefits.
Panera opened its first bakery-cafe featuring a “modern and revitalized dine-in experience around its signature fireplace coupled with enhanced digital, personalized options, and dual drive-thru access,” the company detailed.