Throughout its century in the business, Cavan Bakery has kept a keen eye on the future. The company has recently…
Aryzta AG recorded organic growth across the Group, with France, Switzerland, Poland and Germany performing well in Europe. Foodservice and QSR have been the best-performing sales channels, with notable growth in the company’s European retail channel.
Puratos announced its largest acquisition yet in the chocolate industry: Canadian producer Foley’s Chocolates joins the Belgium-headquartered company in a deal that significantly increases Puratos’ chocolate market share and manufacturing capabilities in North America.
Papa John’s International announced it acquired Drake Food Service International’s restaurants in the UK. The financial terms of the transaction were not disclosed. The new restaurant portfolio will consist of 91 locations across London and other parts of the UK.
Visitors to the iba trade show can look forward to popular highlights as well as new program entries this year. For example, the iba.SPEAKERS AREA will host specialist presentations and discussions with an international focus. The iba.FORUM will provide information on all aspects of the national baking and confectionery industry with a focus on the German bakery craft.
Lidl Ireland signed a EUR 22 million contract with Panelto Foods bakery, which will stock the supermarket with premium baked breads across the island of Ireland, in Great Britain and Northern Ireland.
Flowers Foods, Inc. reported its Q1 sales increased by 6.9% to a quarter-record of USD 1.534 billion, compared to the first quarter of 2022. The company’s net income decreased by 17.4% to USD 70.7 million and its adjusted net income decreased by 13.1% to USD 80.9 million.
Vicky Foods reported a turnover of EUR 536 million in 2022, a 32.3% growth compared with the results achieved in 2021. Last year, the Spanish group boosted its production volume by 6% – to a total of 203,000 tons.
Hillenbrand announced the acquisition of Schenck Process Food and Performance Materials (FPM), a Blackstone company. FPM specializes in feeding, filtration, baking, depositing, milling, and material handling equipment, among other technologies.
Baker & Baker launched a new cookie range in the UK, designed with quality and convenience in mind – the Brooklyn Coffee Bar cookies. The range consists of two popular flavors (double chocolate and rich chocolate) and each cookie is individually wrapped.