Brazilian firms BRF Brasil Foods and Marfrig have announced they have initiated the exchange of assets, in compliance with Brazil's antitrust authority Cade and the agreement signed between the two companies in March 2012.
The Canadian Food Inspection Agency (CFIA) is warning the public not to consume the ground beef described below because the products may be contaminated with E. coli O157:H7.
Brioche Pasquier Group, a family-owned manufacturer and marketer of baked foods in France, has acquired Richmond-based Galaxy Desserts from Pacific Community Ventures, a private growth equity firm.
Starbucks Coffee Co.’s pending acquisition of the La Boulange bakery brand is “a great compliment to us,” said Nigel Travis, chief executive officer of Dunkin’ Brands and president of Dunkin’ Donuts U.S.
Cargill announced it will close its Lake Oswego, Ore., Integrated Bakery Resources (I.B.R.) facility and move into a new facility in late August in Tualatin.
Monginis, a leading name in bakery products, is all set to welcome the monsoon with an array of treats, including cakes in seven flavours (inspired by the rainbow); chocolate muffins; cookies and such savouries as vegetarian patties.
Malaysian snack manufacturer Munchy Group has acquired Zhenghang Food, a leading biscuit manufacturer in China, following its purchase of Kellogg (Shandong) Food, for an undisclosed amount.
Canadian grain handler Viterra has announced that its shareholders have approved the C$6.1bn ($6.2bn) takeover by Swiss commodities trader Glencore International.
Gloucestershire homemade pie manufacturer Mad About Pies plans to set up a second manufacturing facility in the Forest of Dean, which will create at least 20 new jobs.
The UK government is set to reverse the controversial ‘pasty tax’ that was announced in the March budget, after it was criticised that the proposal would affect jobs and businesses.
A recent expose of the cost of gluten free products on the National Health Service (NHS) drew on inaccurate reports, according to ‘free from foods’ authority Foods Matter.
UK food group Premier Foods will need to rid businesses in order to stabilise following its ‘truly awful’ full year results, analysts say, but predictions of sell-offs remain mixed.
Net income at Post Holdings Inc. in the second quarter ended March 31 totaled $10.5 million, equal to 31c per share on the common stock, down 64% from $29.1 million, or 85c per share, in the same period a year ago.
Post Holdings, a US-based producer of ready-to-eat cereal products, has reported that its net income for the second quarter ended 31 March dropped 64% to $10.5m, compared to $29.1m the previous year.
Ralcorp has announced the acquisition of cookie maker Petri Baking Products shortly after It reported a sales boost in the second quarter (Q2) 2012 driven by frozen bakery products.
