EU antitrust regulators are deciding if the Bunge-Vitera merger meets approval conditions by July 18. The companies announced the intention to merge last year, following a similar step taken by its competitors ADM and Cargill. If approved, the new agricultural entity will be worth USD 34 billion, Reuters reports.
La Lorraine Bakery Group acquired 50% of Bakery de France’s business, a US-based company. The joint venture will supply the North American market.
Mondelēz International and Lotus Bakeries joined forces to expand the Lotus Biscoff® cookie brand in India, and to develop new chocolate products combining Biscoff® with Mondelēz’s Cadbury, Milka and other types of chocolate.
Panera Bread launched a dad joke competition in honor of International Father’s Day, which is celebrated on June 16. On June 10, the bakery is welcoming dad jokes for the occasion. U.S. fans can submit the jokes to the @PaneraBread page, replying to the competition post, for a chance to win one of the 50 Panera gift cards, with USD 25.
Mecatherm appointed Raymond Nogael as the new President. He succeeds Olivier Sergent, who continues his duties as President of TMG, the parent company of MECATHERM, ABI and MaMaTa.
Bühler announced the relocation of its Biscuit Business Unit and Nordics Services & Sales (SAS) organization to new offices in Copenhagen, Denmark. The move helps optimize its production footprint and coincides with the renaming of Haas-Meincke A/S to Bühler Denmark A/S.
The Bread Initiative released a vision paper, titled ‘Keeping Bread on the Table’ ahead of the European Parliament elections, held from June 6 to 9 this year, highlighting key requests that should guide policy-making during the next EP term. The paper was signed by the five European trade associations behind the Bread Initiative: AIBI, CEBP, COFALEC, European Flour Millers and Fedima.
Vandemoortele announced the acquisition of Dolciaria Acquaviva SpA from Apheon, a mid-market private equity firm, and the Acquaviva family. The Italian business is an established manufacturer of frozen pastry, patisserie, and savory specialties.
