J. Skinner Baking, a company specializing in artisan baked goods including danishes, muffins, cinnamon rolls, brownies, and bars, announced that it has been acquired by Stellex Capital Management – a private equity firm that invests in middle market companies in North America and Europe. The financial details of the transaction have not been disclosed.
Nestlé Confectionery UK & Ireland has announced a new addition to its KitKat Chunky family – the limited-edition KitKat Chunky Crunchy Double Chocolate. The new KitKat was launched exclusively at Sainsburys and SPAR on June 27 and will be available at stores throughout the UK on July 8.
Mondelēz International Chairman and CEO Dirk Van de Put inaugurated a street named after its iconic cookie. The Opava City Council renamed the street to ‘OREO Street’ to recognize the company’s significant impact on the local community and economy. The Czech city of Opava is home to the biggest European cookie factory owned by Mondelēz.
Europastry S.A. decided to postpone its initial public offering (IPO) at the Spanish Stock Exchanges, a few weeks after announcing its plans to apply for admission of the Shares to listing on the Barcelona, Madrid, Bilbao and Valencia stock exchanges.
The Committee of European Sugar Users (CIUS) issued a position following the suspension of sugar imports from Ukraine into EU countries, a measure it finds “economically unjustified for sugar and incoherent with the EU’s promise to support Ukraine.”