The Competition Appeal Tribunal in the UK fully dismissed a legal challenge by Cérélia and upheld the Competition and Markets Authority’s (CMA) decision to block Cérélia’s acquisition of Jus-Rol. The Tribunal dismissed all four grounds of Cérélia’s contest on the CMA’s decision. It confirmed that the CMA had gathered and carefully weighed a great deal of information and evidence for its assessment, and had not made any error of fact or law.
Wrexham-based Jones’ Village Bakery is hiring 20 people to expand its production capabilities, following record sales of GBP 100 million and a growing interest from customers from Australia, several Asian countries and the US.
Sophie Lebreuilly opened its 55th bakery shop on Marceau Avenue, in the heart of Paris. In a video tour of the premises, with Jean Havetz, Deputy Director General, introduced the new bakery that will be open seven days a week. It is complete with a dining space.
Semper, a Hero Group company, announced the sale of its gluten-free business in the Nordics to Dr. Schär. The company plans to focus its business on its core categories – children’s food and healthy snacks.
Alicia Bellon Moral joined CAOBISCO as its sustainability manager, appointed to take charge of the association’s sustainability-related agenda and extended focus.
The Association of German Plant Bakeries announced that Tobias Schuhmacher will become a member of the management board from April 1, 2024. He will take over the general management on July 1, 2024, succeeding Armin Juncker – the association’s CEO since 2011.
Subway agreed to be acquired by private equity company Roark Capital, ending a months-long sales process. Roark has expertise in restaurant and franchise business models, with companies in its portfolio such as Dunkin’, Cinnabon, Arby’s, Jimmy John’s and Sonic Drive-In.
Panera announced the appointment of long-time industry executive Paul Carbone as Chief Financial Officer, effective August 15, 2023. He is a veteran in the restaurant industry and worked for nine years at Dunkin’ Brands, where he was CFO from 2012-2017.