Tim Cook is the new president and CEO of the LINXIS Group, the French organization announced. The recent promotion follows his tenure as the CEO of Shick Esteve and the vice-president of the group
Subway restaurants announced it is the first quick service restaurant brand to offer a one-net-carb bread option, as part of a new product test in partnership with food tech startup Hero Labs, Inc.
George Weston announced that it has signed an agreement to sell its Weston Foods fresh and frozen bakery businesses to FGF Brands Inc. for CAD1.2 billion.
Panera Bread announced its commitment to become climate positive – removing more carbon from the atmosphere than it emits – by 2050, its updated Food Beliefs states.
Goldman Sachs sold the Dutch company Continental Bakeries to Biscuit International, a company within Platinum Equity. The transaction will be completed in the first half of 2022.