Hadsfield Bakery, a business in Huddersfield, with 13 locations and 74 employees filed a notice to appoint administrators. The owners are working on a plan to save the business and the shops, and is in talks with banks and lawyers for a possible solution.
J. M. Smucker announced the acquisition of Hostess Brands for USD 5.6 billion, which includes approximately USD 900 million of net debt. Additionally, approximately 3,000 Hostess Brands employees will join J. M. Smucker in conjunction with the transaction.
As the European Commission lifted the temporary bans on Ukrainian grain, its neighboring countries, Poland, Slovakia and Hungary imposed national-level restrictions of their own. This is an outcome the EC was trying to avoid, Euro News reports. Ukraine has been exporting its grain by land, through the countries around it since the grain deal fell through and it couldn’t use sea transport anymore.
British specialty flour producer, Matthews Cotswold Flour, appointed Elaine Boddy from Foodbod Sourdough as its very first brand ambassador. Boddy is a renowned sourdough baker and author, who has published three books about sourdough. She has a loyal international baking following and is a supporter of Matthews Cotswold Flour.
After almost three years of serving as the CEO of Royal Zeelandia Group b.v., Irénke Meekma is stepping down from the role, citing personal reasons for her departure. She has spearheaded the company’s leadership during a difficult period.
Patisserie Valerie plans to reopen some of its restaurants. The chain recently closed a majority of its 200 stores it owned across the UK, where around 3,000 people worked. Patisserie Valerie announced that it has started an investment and refurbishment program focused on 10 of its patisseries.
Corby-based BakeAway, Jus-Rol manufacturer, issued a statement following the decision of the Competition Appeal Tribunal for the Jus-Rol brand to be divested. BakeAway expressed its disappointment that the action called by the Competition and Markets Authority (CMA) will be carried out.
Prof. Dr. Ulrike Detmers, Mestemacher Group Gütersloh, was unanimously re-elected as the President of the Association of German Plant Bakeries, at the organization’s annual meeting in Düsseldorf. She has been president of the association since 2013.