Royal DSM signed an agreement to acquire Norwegian company Vestkorn Milling, one of Europe’s leading producers of pea- and bean-derived ingredients for plant-based protein products, for an enterprise value of EUR65m.
Mondelēz International focuses on human rights and joins The Sustainable Trade Initiative (IDH) Living Wage Roadmap to help advance living wages in global supply chains. The company commits to paying its employees a living wage.
British bakery chain Greggs is experiencing supply chain shortages sparked by ‘temporary interruptions’ to suppliers following the heavy goods vehicle driver crisis affecting the UK.
Givaudan launched the Givaudan Nordic Experience Centre in Malmö, Sweden, a new facility for product development for its Nordic customers. It provides professional lab space and advanced equipment for product development.
The Hershey Company announced it intends to purchase Dot’s Pretzels. The total purchase price for these two proposed acquisitions is approximately USD1.2 billion, or approximately USD1 billion of investment net of expected future tax benefits.
Panera opened its first bakery-cafe featuring a “modern and revitalized dine-in experience around its signature fireplace coupled with enhanced digital, personalized options, and dual drive-thru access,” the company detailed.
Peter Studer became RONDO Group’s CEO starting October 1, 2021. Under the new leadership, the Burgdorf-based company says it intends to focus more on developing solutions for the industrial sector, where it aims to transfer characteristics sought after in the artisanal business sector.
Lesaffre inaugurated its 48th Baking Center™ in Dubai on November 9, 2021, building its presence in the UAE and the wider GCC region.
