News & Analysis on the Bakery and Snacks Industries
British-based ingredients firm Ulrick & Short claims its avanté sweetener enables manufacturers to reduce sugar by up to 25% in frostings and as much as 50% in some sweet fillings.
Australian firm Freedom Foods is partnering with US management group AFT Holdings to expand into North America.
M&A
Ferrero is to acquire all the equity of Fannie May Confections brands, including its subsidiaries Fannie May Confections and Harry London Candies from 1-800-Flowers.com for $115m.