Bunge plans to invest approximately USD 550 million to build a soy protein concentrate (SPC) and textured soy protein concentrate (TSPC) facility in Morristown, Indiana, to meet rising customer demand for key ingredients in the production of plant-based foods, processed meat, pet food, and feed products.
Orkla Foods Europe announced the purchase of Khell-Food Kft., the largest producer of ready-made sandwiches and baguettes in Hungary. The agreement is expected to close during the first quarter of 2023.
Barilla Group announced it is set to acquire Back to Nature, from B&G Foods, Inc. The bakery features a portfolio of plant-based, non-GMO products that include cookies, crackers, granola and nuts & trail mix.
Patisserie Valerie and its sister coffee and baking brand, Bakers + Baristas, appointed Martin Burke as Group Chief Marketing Officer.
IPCO launched a new, self-contained laser cleaning system that can be used on-site. It was developed with the aim of lowering cleaning times, which can be cut by at least half, IPCO says, with minimal disruption to other lines.
Dawn Foods launched a patent-pending glaze that strictly sticks with donuts, and never with the packaging or fingers. It also increases shelf life by up to five days and is freeze/thaw stable.
KEMPF is taking over the majority of the KeyBAKE shares, adding the company to the KEMPF Group starting January 1, 2023. Together, KEPMF and KeyBAKE aim to strengthen their position in the international bakeware and coating market and extend their product range, with a combined team of 150 people working for the Group.
Little Caesars is set to open its first UK restaurant in more than two decades, in Derby, before the end of December 2022.
Le Groupe Le Duff and Bridor announced the acquisition of Panidor, a frozen bakery and pastry manufacturer in Portugal, founded in the 90s.
Dawn Foods sold its frozen bakery manufacturing business in Europe, Africa, the Middle East, Asia, and the Pacific (AMEAP), to Europastry. The sale includes Dawn’s frozen bakery manufacturing plant located in Steenbergen, The Netherlands, R&D capabilities based in Evesham, UK, and all associated customer relationships in the region purchasing Dawn-produced frozen products, the company announced on December 13.