Lesaffre named Ulrich Irgens as General Manager of its business unit dedicated to nutrition and human health, Gnosis by Lesaffre. In this capacity, Ulrich Irgens has joined the Group’s Executive Committee.
French industrial bakery Groupe Menissez acquired the premium private-label maker Village Bakery from private equity investment company Limerston Capital, for an undisclosed amount.
CAOBISCO published a manifesto for the 2024-2029 EU policy cycle, channeling the collective voice of over 14,000 European chocolate, biscuit, and confectionery manufacturing companies.
The Emmi Group announced it intends to acquire the leading French group specializing in premium pastries, Mademoiselle Desserts. The potential acquisition has an enterprise value of around EUR 900 million.
ARYZTA’s board of directors appointed Michael Schai as the Chief Executive Officer of the Group starting from January 1, 2025. Schai has more than 25 years of leadership experience at global organizations including Mars, ARYZTA, and Lindt and Sprüngli in the consumer goods and baked goods sectors.
J. Skinner Baking, a company specializing in artisan baked goods including danishes, muffins, cinnamon rolls, brownies, and bars, announced that it has been acquired by Stellex Capital Management – a private equity firm that invests in middle market companies in North America and Europe. The financial details of the transaction have not been disclosed.
Europastry S.A. decided to postpone its initial public offering (IPO) at the Spanish Stock Exchanges, a few weeks after announcing its plans to apply for admission of the Shares to listing on the Barcelona, Madrid, Bilbao and Valencia stock exchanges.
The Committee of European Sugar Users (CIUS) issued a position following the suspension of sugar imports from Ukraine into EU countries, a measure it finds “economically unjustified for sugar and incoherent with the EU’s promise to support Ukraine.”
