Category Archives: Companies

Puratos UK launches new flavours for autumn-winter 2019

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Bakery, patisserie, and chocolate ingredients supplier Puratos UK has launched two new cake mix and filling combinations for autumn winter 2019. Inspired by the trends for tradition, nostalgia and sweet and savoury ‘swavoury’ flavours, the new launches include two fillings: a Topfil Rhubarb fruit filling and Cremfil Ultim Salted Chocolate filling and two cake mixes: Satin Crème Cake Custard Mix… Read more »

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Confectionery giant Mars takes 100% ownership of UAE business

Company buys out local partner following last year’s law change allowing complete ownership of onshore firms Food giant Mars has become one of the first multinationals to take advantage of the UAE’s new foreign direct investment (FDI) laws offering foreign companies 100 per cent ownership of onshore companies by buying out its local partner. The company, which has had a… Read more »

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Cadbury chocolate receives resentment for ‘diversity’ candy bar

In something that seems out of Bizarro World, people are angry over chocolate. To be more specific, a chocolate’s branding. Cadbury recently received some backlash for a candy bar they released in India, featuring four different types of chocolate. The chocolate was meant to promote diversity with it’s blending of white, milk, light and dark flavors in celebration of India’s… Read more »

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Ferrero Completes $1.3 Billion Acquisition of Kellogg’s Cookies and Fruit Snacks Businesses

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The Ferrero Group and its related companies (“Ferrero”), announced that it has completed its previously announced acquisition of Kellogg’s cookie, fruit and fruit-flavored snack, ice cream cone and pie crust businesses for $1.3 billion. The acquired brands represent a portion of Kellogg’s North America snacking business. Specifically, it includes select cookies businesses, including brands like Keebler, Mother’s, Famous Amos, Murray’s,… Read more »

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Kraft, Mondelez to pay $16m penalty in wheat price manipulation case

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The US Commodity Futures Trading Commission (CFTC) has announced that American food companies Kraft Heinz and Mondelez International will have to pay $16m as penalty over a wheat manipulation case dating back to 2015. This penalty is allegedly valued to be three times the profit made by the two companies. Mondelez and Kraft Heinz, which operated as Kraft Foods until… Read more »

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Sara Lee selling Tyson Foods’ Frozen Bakery

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Sara Lee® Frozen Bakery is selling Tyson Foods’ Frozen Bakery business to private equity firm Kohlberg & Company. Drawing on its heritage as a bakery and dessert maker, the new Sara Lee® Frozen Bakery will focus on Sara Lee®, Van’s®, Chef Pierre® and Bistro Collection® brands, especially in the fast-growing premium dessert food service market. Sara Lee Frozen Bakery will… Read more »

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Sara Lee Buys Superior Cake Products From Hostess

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Hostess Brands Inc. has agreed to sell its Superior Cake Products Inc. in-store bakery business to Sara Lee Frozen Bakery for $65 million in cash, subject to post-closing adjustments. This would be the first acquisition for year-old Sara Lee Frozen Bakery. The transaction is expected to close during the third quarter. “This acquisition accelerates Sara Lee Frozen Bakery’s strategic goal… Read more »

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Krispy Kreme introduces Reese’s-filled doughnuts to enjoy

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Peanut butter lovers, chocolate lovers, doughnut lovers: you’re ALL gonna love this! Krispy Kreme and Reese’s Peanut Butter Cups are combining two of their biggest innovations of 2019 to give you “more (and more and more)” of what you love in the form of Krispy Kreme’s new Reese’s Lovers Original Filled Doughnuts. Available at Krispy Kreme shops for a limited… Read more »

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Barry Callebaut announces groundbreaking of new chocolate factory in Baramati, India

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The Barry Callebaut Group, the world’s leading manufacturer of high-quality chocolate and cocoa products, announced the groundbreaking for the construction of its new chocolate and compound manufacturing facility in Baramati, India – about 250 km south-east of Mumbai. Upon completion, the new chocolate factory and warehouse will include state-of-the-art assembly lines capable of manufacturing chocolate and compound in different delivery… Read more »

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MULTIVAC takes over the FRITSCH Group

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MULTIVAC takes over the FRITSCH Group and further expands its range of solutions for the bakery industry. FRITSCH is a leading manufacturer of bakery equipment with its headquarters in the town of Markt Einersheim in Lower Franconia. The product range consists of high-performance equipment and groundbreaking technology for dough forming and processing. FRITSCH offers the right solution for every size… Read more »

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