Middleby to sell 51% stake in residential kitchen business
The Middleby Corporation announced the sale of a 51% stake in its Residential Kitchen business to 26North Partners LP. The transaction is valued at USD 885 million.
Tag: foodservice
Royal Smilde installs AMF pastry line
Royal Smilde is known for its rich diversity of sweet and savory baked creations. Either sold under its own labels, through collaborations, or as private labels, the products made by the Dutch bakery are in growing demand worldwide. A very flexible production line helped them increase production volumes, built by AMF Bakery Systems (Tromp). Particular care was given to automating apple turnover production, namely – dough folding into a triangle.
It’s the perfect triangle!
A very flexible production line helped Royal Smilde increase production volumes, built by AMF Bakery Systems (Tromp). Particular care was given to automating apple turnover production, namely – dough folding into a triangle.
Délifrance publishes foodservice guide
Délifrance prepared a resource titled ‘Smart guide – time saving & low budget food service solutions’ to support the embattled foodservice sector as it recovers from pandemic, inflation, and supply chain disruptions. The French specialist carried out extensive research over the past two years to prepare the guide.
Europeans return to bakery favorites
Gira recently published the fourth edition of its European Bakery Companies Panorama, encompassing all the fundamental industry and market data on the European bakery chain. Gira’s research analyzes all the major developments in this globally mature market, with an assessment of their importance for the future.
Europe’s markets: An evolving kaleidoscope
Europeans are returning to their bakery favorites. The market is steadily growing and should exceed pre-pandemic levels by 2026. However, the new patterns symbolize not only growth but also change.
Consumers eat at home to offset inflation
To counter rising food costs, consumers are bargain hunting when grocery shopping, eating more meals at home and cutting back on restaurant visits, according to a new report published by IRI and the NPD Group.
Baker & Baker: A well-prepared journey
Baker & Baker reported a turnover of EUR 450 m and 14% growth in its first year as a standalone business.
Chef Talk – Translating culinary trends into the bakery aisle
In 2020, dining in became the new dining out. As the restaurant and travel industries reopen, new culinary behaviors acquired in that year have varying degrees of staying power that will influence bakery and snack product innovation.