Dr. Oetker expands international executive board
Dr. August Oetker Nahrungsmittel KG is expanding its international executive board. Carl Oetker will join the Board and assume responsibility for the Purchasing Department starting from August 15.
Category: Business
UK: Federation of Bakers publishes 2024 report
Last year, UK’s Federation of Bakers welcomed Grupo Bimbo among its full members and returning member Allied Bakeries, part of Associated British Foods. Associate members PACE Steel Belt Systems, Applied Computer Vision, Newsmith Stainless Limited and Rademaker BV were also added in 2023, according to the organization’s latest Annual Report.
Greggs reports H1 sales of GBP 960.6 m
Greggs reported its total sales in the first half of the year amounted to GBP 960.6 m, which is over GPB 110 m more (13.8 %) than the similar period of last year, when its sales were GBP 844 m. The UK chain’s profit before tax was up by 16.3 % to GBP 74.1 m.
Brenntag to distribute Lallemand Nutrilife baking enzymes
Brenntag partnered with Lallemand for the distribution of the latter’s Nutrilife Baking enzymes in the main parts of Europe.
Mondelēz appoints Chief Information And Digital Officer
Mondelēz International appointed Filippo Catalano as Chief Information and Digital Officer (CIDO). He reports directly to Chair and Chief Executive Officer Dirk Van de Put.
Bimbo sales reach all-time high in Mexico, EAA
Grupo Bimbo reported record-breaking sales in the second quarter of 2024 in Mexico and the EAA, its financial report shows. At the same time, Bimbo was recognized as the most chosen food brand in Mexico.
Krispy Kreme sells Insomnia Cookies majority shares
Krispy Kreme sold the majority ownership stake of Insomnia Cookies to Verlinvest and Mistral Equity Partners. The transaction is worth USD 350 million, double the value Insomnia Cookies had when Krispy Kreme acquired it in 2018.
Krispy Kreme launches ‘free sweet-ware update’ campaign
As the world recovered from a massive global software outage that impacted airlines, banks, hospital services and other businesses, Krispy Kreme launched a free donut promotion campaign, which mirrors the software update that brought the Windows systems back on.
New General Manager at Gnosis by Lesaffre
Lesaffre named Ulrich Irgens as General Manager of its business unit dedicated to nutrition and human health, Gnosis by Lesaffre. In this capacity, Ulrich Irgens has joined the Group’s Executive Committee.
Groupe Menissez, France, acquires UK’s Village Bakery
French industrial bakery Groupe Menissez acquired the premium private-label maker Village Bakery from private equity investment company Limerston Capital, for an undisclosed amount.
CAOBISCO issues EU policy manifesto
CAOBISCO published a manifesto for the 2024-2029 EU policy cycle, channeling the collective voice of over 14,000 European chocolate, biscuit, and confectionery manufacturing companies.
Emmi to acquire Mademoiselle Desserts
The Emmi Group announced it intends to acquire the leading French group specializing in premium pastries, Mademoiselle Desserts. The potential acquisition has an enterprise value of around EUR 900 million.
