Middleby Corp to acquire Marel high speed slicing business
The Middleby Corporation (Middleby Corp) based in Chicago, US, has acquired Marel’s high speed slicing business mainly in bacon and deli slicing, for an undisclosed sum.
Archives for February 24, 2015
Kerry Group on cusp of Pinnacle sale
Kerry Group is in advanced discussions to sell its €160m ($181.28m) Australian bakery business Pinnacle, the company says.
In the EU several phthalates are considered Substances of Very High Concern under REACH
Tests show plastic packaging can affect baby boy’s genitals before birth
Certain types of chemicals called phthalates found in plastics may alter baby boys’ genitals before birth, according to a study in the Reproductive Health Journal.
Judge: A reasonable consumer might be deceived by presence of SAPP in ‘all-natural’ baking mixes
The latest in a series of class action lawsuits filed over the use of synthetic leavening agent sodium acid pyrophosphate (SAPP) in foods marketed as ‘all-natural’ has been given the green light by a federal judge.
UK energy bar sales triple and set to rise
Sales in the energy bar and nutrition market in the UK have been growing at a faster rate than the US tripling in the past five years to reach €137m, while the US market doubled in the same period to €2314m.
Kerry Group: We’re stepping away from ‘non-core’ B2C bakery
Kerry Group’s decision to sell its business-to-consumer Australian bakery is part of a strategy to re-focus on core B2B work, its corporate affairs director says.
Umpqua Oats founders on building a brand, and learning to say NO: 'Not all business is good business'
If sales of cold cereal are not setting the world on fire, the hot cereal market is faring much better, say the founders of super-premium oatmeal cup brand Umpqua Oats, who notched up revenues of $10m+ in 2014 and hope to grow by 25% this year on the...