Mondelez received a EUR 337.5 million fine from EU antitrust regulators for impeding cross-border trade of chocolate, biscuits and coffee products between EU countries. The Commission found that Mondelez engaged in anti-competitive deals and abused its position of market dominance in breach of EU antitrust laws.
Austrian food retailer MPreis welcomed German finance and restructuring expert, Dr. Stefan Gros, as its new CFO. Martina Dutzler, who was assigned to this role since 2022, is leaving MPreis at the end of May, to move an international company.
Mondelēz International reported its first quarter 2024 results. Its net revenues increased by 1.4%.
Karl Schmidt GmbH currently operates 73 branches of the Schmidt bakery brand in North Rhine-Westphalia and Lower Saxony. In addition to classic bakery branches, Schmidt Bakery focuses on shops with all-day catering.
Dr. Oetker’s food companies (including Conditorei Coppenrath & Wiese) increased their total sales by 6.9%, to EUR 4.2 billion in the 2023 financial year.
AMF Bakery Systems hired Yilmaz Öter as new sales manager for the German and Austrian industrial bakery market. He has over 20 years of industrial sales experience, with over 10 years in the bakery sector.
Konrad Meyer was appointed Chairman, succeeding Olivier Goudet, the head of the Board for the past six years. In addition, Pret founder Sinclair Beecham and previous Pret Chairman Larry Billett return to the business, with Billett rejoining the Board as Chair of the Audit Committee.
ARYZTA achieved a slightly positive organic growth in Q1, as it had anticipated. Performance in Europe compensated for a weaker rest of world, reflecting the importance of QSR outside of Europe.
