The European Commission has cleared under the EU Merger Regulation the proposed acquisition of the Spanish supplier of the baking industry Panrico SAU by US based alternative investment manager Oaktree Capital. The Commission found that the transaction would not raise competition concerns because there are no overlaps between the parties´ activities.
Opening in Xi’An, China marks milestone in Dunkin’ Donuts’ worldwide growth; Dunkin’ Donuts also celebrates additional new restaurant openings this month around the world, including locations in Bogota, Colombia; Riyadh, Saudi Arabia; and Kingsland, Ga.
Bakery manufacturers face the threat of rising egg prices – and even shortages – when new Europe wide animal welfare legislation comes into force on 1 January. But they could avoid taking a hit by specifying egg replacers instead, according to Arla Foods Ingredients. The Welfare of Laying Hens Directive will ban the use of cramped battery cages, forcing egg… Read more »
2012 is the 250th Anniversary of the Sandwich and to mark the occasion, the British Sandwich Association is launching a national campaign to promote sandwiches – and it is designed to directly support sandwich businesses. Starting in January with the announcement of the anniversary, the campaign will build through the year. Some features of the campaign: A special logo has… Read more »
The Swedish confectionery companies Cloetta and Leaf have announced a merger of the two companies. The combined company will take the well established name of Cloetta and become a leading Swedish confectionery company with a strong base in the Nordic region as well as in Italy and the Netherlands. The new Cloetta will manage a strong portfolio of iconic brands, long established brands including Kexchoklad, Läkerol, Polly, Ahlgrens bilar, Plopp, Malaco and Cloetta in Scandinavia, Jenkki in Finland, Sperlari and Saila in Italy and Red Band and Sportlife in the Netherlands.
Shanghai’s World Chocolate Wonderland welcomed visitors through its doors on Friday (December 16), into a theme park of lifelike chocolate exhibits.
“2012 looks set to be one in which on-going trends will be stretched to their full potential, particularly as consumer concerns about health and wellness have prevailed and continue to be high on the agenda,” says Laura Kempster, senior market analyst. “Coupled with this, the uncertain economic future continues to affect both industry and consumers with a ‘tightening of belts’ attitude still very much affecting spending and investment.”
Malaysian cocoa plantation owner KLK Selbourne Estate won this year’s Cocoa Industry Award for the best plantation in Malaysia after partnering up with Barry Callebaut for a joint agronomy research program.
Grupo Bimbo announced that it has completed its acquisition of Sara Lee Corporation´s fresh bakery business in Spain and Portugal for 115 million EUR. The acquisition includes bread, pastries and snacks produced under the Bimbo, Silueta, Ortíz, Martinez and Eagle brands, among others.
Latest research from Mintel on the sugar and gum confectionery market in Europe reveals that in the big five European countries, sales of sugar and gum confectionery have remained stagnant over the past four years (2008–2011), from €8.6 billion in 2008 to an estimated €8.9bn in 2011.