News for the baking industry
Berlin. (dhh) Delivery Hero Holding may ultimately face a fine that may exceed EUR 400 million for alleged anti-competitive agreement to share national markets, exchanges of commercially sensitive information and no-poach agreements. Therefore, the Management Board decided that…
Berlin. (dhh) Delivery Hero Holding announces that Marie-Anne Popp will take on the responsibility of interim CFO, effective immediately, reporting to CEO Niklas Östberg. Current CFO Emmanuel Thomassin, after more than 10 years with Delivery Hero, is pursuing a professional opportunity…
San Francisco / CA. (grb) Food technology company GrubMarket Inc., the first-mover in tech-enabled B2B food eCommerce and a pioneer in Enterprise AI solutions for America’s food supply chain industry, announced it has completed the acquisition of Houston, Texas-based Brothers…
Stockholm / SE. (lg) Sweden’s Lantmännen Group has signed an agreement to acquire Entrack AB, a family-owned company active in supply of undercarriage components and ground engaging tools. Entrack is a family-owned company since almost 50 years with a turnover of SEK 400 million and 70 employees. They have operations in…
Lucerne (CH) | Montigny le Bretonneux (FR). (eag) Swiss Emmi Group has entered into a put option agreement for the contemplated acquisition of the leading French Mademoiselle Desserts Group, which specialises in premium patisserie. This transaction would enable Emmi to continue to…
Hong Kong / HK. (dp) DPC Dash Limited (Domino’s Pizza China) continued its robust growth momentum and market innovations during H1-2024, further strengthening its unique positioning in the China pizza market. In 2023, DPC Dash formulated a «go deeper, go broader» strategy…
London / UK. (abf) British Associated British Foods PLC (ABF) issued its trading update for the 24 weeks to 02 March (on 2024/04/23) summarising the trading developments since the last update. Group performance, Segmental performance, Shareholder returns – Full year outlook and so on.
Oslo / NO. (ok) Orkla Food Ingredients AS has signed and completed an agreement to acquire Freunde der Erfrischung GmbH (FDE) from its current owner. FDE was founded in 2004 and supplies sugar-free slush syrups, slush machines, and other products such as disposables and…
Milan / IT. (fia) Fondo Italiano d’Investimento SGR announces that it has invested, through the Private Equity Co-investment Fund – FIPEC, in Eurosirel S.p.A., active in the production of medical and cosmetic devices, and in CRM S.p.A. (known in the market as «Casa della Piada»), specialized in…
St. Paul / MN. (chs) CHS Inc., a leading global agribusiness, is announcing its partnership with North Dakota’s Grand Farm Initiative, which was created to solve the biggest problems facing agriculture. The partnership will allow Grand Farm and CHS to collaborate on the mutual goal of…
