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f2m_Lidas_romania
Lidas to open frozen pastry factory

Lidas, a Romanian bakery headquartered in Tulcea, is opening a frozen pastry factory. It is an investment of EUR 46 million, half of which is state aid. When it opens in March, the facility located 270 km away from Bucharest will be one of the largest frozen pastry factories in Southeast Europe.

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Ferrero acquires Italian frozen bakery specialist

Ferrero Group acquired Fresystem, the Italian company that specializes in frozen bakery goods and is behind the Cupiello brand, for an undisclosed amount. The transaction is expected to close in the upcoming months.

f2m_mcdonalds_drivethru
McDonald’s to open 1,900 locations in 2023

McDonald’s plans to open 1,900 new locations in 2023. More than 400 will be in the U.S. and its international markets, including Germany, Canada, France, Australia, Canada, and the UK, Yahoo Finance reports.

f2m_suprima_bakeries_artisan
Suprima Bakeries launches artisan dough range

Australian Bakery supplier Suprima Bakeries announced the launch of their new Artisan Frozen Dough range, including Artisan Multigrain Dough and Artisan White Sourdough Dough.

f2m_jus-roll
Cérélia to sell Jus-Rol over competition concerns

French pastry-mix maker Cérélia will have to divest the Jus-Rol business, which it acquired from General Mills, as the Competition and Markets Authority (CMA) said that the merger hinders the competition among the UK’s retailers and, potentially, the end-consumers who might experience increased prices.

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