Business
f2m_Fermentation-tanks-lesaffre

29 Nov: Lesaffre strengthens presence in the United States

Lesaffre announced a series of investments in the U.S. to strengthen its geographical footprint in the region. Lesaffre is investing in both new equipment and R&D to offer relevant solutions, while also respecting the planet’s limited resources. The company has been active in this market for 45 years, where it currently employs more than 600 people in its yeast, bacteria and baking ingredients factories, Baking Center and corporate headquarters.

f2m_nagual_tortilla

29 Nov: Nagual celebrates 20 years in growing tortilla market

Nagual celebrated its 20th anniversary working to bring European consumers closer to the gastronomic culture of tortillas for tacos, nachos, quesadillas, fajitas and other native dishes of Mesoamerica. The anniversary coincides with the best year in the history of the company in terms of results, with an expected turnover of EUR 3 million this year, which is 23% more than in 2022.

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20 Nov: Bühler opens new Application and Training Centers in Uzwil  

Bühler unveiled its new food innovation hub in Uzwil, Switzerland, focusing on product and process development. Four Application and Training Centers (ATCs) – Flavor Creation Center, Food Creation Center, Protein Application Center, and Energy Recovery Center – are opening their doors to complement the existing ATCs, such as the Extrusion Application Center.

f2m_orkla_food_ingredients

15 Nov: Orkla announces OFI partnership with Rhône

Orkla partnered with Rhône, a global private equity firm with a focus on investments in businesses with a transatlantic presence. Investment funds affiliated with Rhône will acquire 40% ownership in Orkla Food Ingredients AS (OFI), for NOK 15.5 billion (EUR 1.3 billion). The transaction is expected to be completed by the end of the first quarter of 2024, subject to customary conditions to closing, including approvals from relevant authorities.

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15 Nov: The Association of German Plant Bakeries welcomes electricity price rule

The Association of German Bakeries welcomes the federal government’s agreement on an electricity price package. Despite this agreement, electricity prices are still too high, mainly caused by insufficient supply, the members of the associations believe. Additional measures to mitigate with this problem are necessary, Juncker underlines.