Ireland’s Valeo Foods Group completed the acquisition of Dal Colle, an established producer of high-quality bakery products in Italy. Dal Colle produces a range of bakery products, sweet treats and snacks for every occasion including pandori, panettoni and croissants.
Bridor is investing in a new manufacturing facility in Greater Salt Lake City, Utah. The Western US plant will be Bridor’s fifth in North America, in addition to those in New Jersey, Connecticut and two in Canada
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.