British baker Greggs posted a second consecutive quarter of sales growth, crediting its renewed focus on takeaway food and longer trading hours, and said that it expects to deliver a good first-half outcome.
Integration costs nearly double the level of a year ago were a principal factor in a sharp operating income decline for the U.S. baking business of Grupo Bimbo S.A.B. de C.V.
A sluggish consumer environment in 2013 for the packaged foods business has bled into 2014 and is likely to continue for the near term, said W. Anthony Vernon, chief executive officer, Kraft Foods Inc.
John Galt Solutions released a case study today detailing the success achieved by Post Foods, a leading producer of breakfast cereal, using John Galt's Atlas Planning Suite.
The Hain Celestial Group, Inc. has added Rudi’s Organic Bakery, Inc. to its portfolio of organic and natural brands. Rudi’s is a manufacturer of organic and gluten-free grain-based foods.
Keebler Co. has been approved to receive $2 million in tax incentives from the Kentucky Economic Development Finance Authority to purchase new equipment and add manufacturing capacity at its Florence, Ky., facility.
Australian food company Goodman Fielder has rejected an A$1.27bn ($1.18bn) takeover offer made by Wilmar International, a 10.1% shareholder of Goodman Fielder, jointly with First Pacific Company.
Gonnella Baking Co. has opened a research center within its Schaumburg facility, a facility the company said allows it “to effectively address its commitment to continuously improving processes.”
ConAgra Foods and Horizon Milling, a joint venture of Cargill and CHS, have reached an agreement to sell four US flour mills to Miller Milling Co, accelerating their plan to merge their flour mill businesses in North America.
The board of directors of The Kellogg Co. has elected John A. Bryant, the company’s president and chief executive officer, as chairman of the board, effective July 1.
Shares in Goodman Fielder Ltd (GFF.AX) jumped as much as 19 percent on Monday after the Australian food company rejected a A$1.3 billion ($1.2 billion) takeover bid from Singapore's Wilmar International (WLIL.SI) and China's First Pacific (0142.HK).
