On May 30, AAK is moving its headquarters to the neighboring Hyllie Terrass in Malmö, Sweden. The new premises are in line with the company’s environmental and health-promoting priorities, with a building designed to be climate neutral and enjoy plenty of daylight.
Dutch Bakery, a bakery group specialized in home bake-off bread and snack products, is combining with coolback, a leading German bakery group specialized in bake-off bread. Together, they are creating European Bakery Group, a pan-European bakery platform, according to an announcement made by investor 3i Group plc.
KIT KAT proposes a summer flavor with the launch of its latest limited-edition flavor the KIT KAT® Churro. The new flavor is a homage to the beloved dessert that reminisces summer around the world, pairing the churro taste with the familiar crunch of the bar.
Abel+Schäfer exits the frozen patisserie business in France as it sold its shares in Florepi to the Navigator group. Florepi, based in Guignicourt/Reims, was founded by Abel+Schäfer in 1998 and produces traditional French pastries such as éclairs, choux and tartlets for the frozen segment. With around 150 employees, the company generates annual sales of around EUR 27 million.
Genius Foods named Adam Smart as its new Chief Executive Officer. Smart took on the new role on April 17, joining the business following its recent acquisition by Katjes Greenfood, and as it is looking to strengthen its focus on the UK market. He takes over the CEO assignment from Dr. Peter Quinn.
The Leceister Square Greggs can stay open late at night, as the bakery reached an agreement with the Westminster Council to do so. Originally, the request to also keep this store open from 23:00 to 5.00 had been denied, due to concerns that it would create public disturbances.
The global processed egg market was valued at USD 21.62 billion in 2021 and is expected to reach USD 28.35 billion by 2028, at a CAGR of 3.95%, according to data from Introspective Market Research.
Food and Drink Federation (FDF) Scotland launched a new fund, in partnership with Food Standards Scotland (FSS), aimed at helping Scottish bakery businesses to make their products healthier. It is available to all businesses based in Scotland.
Bakeries in the Czech Republic are holding product prices in place, although wheat prices have dropped from CZK 8200 (EUR 346) per tonne to CZK 6000 (EUR 253) since last year. Companies are still struggling to catch up on two years of high-price spending on energy and grains.
GNT launched a turmeric-based EXBERRY® OD concentrate that helps achieve vibrant yellow shades in fat-based applications, which was created according to the principle of coloring food with food, the company explains.