Chilean bakery acquisition tops 'record-breaking year' for Grupo Bimbo
Mexican bakery giant Grupo Bimbo posted record sales in 2018 and has expanded its presence in Chile with the acquisition of biscuit and cake manufacturer Nutra Bien.
Archives for February 25, 2019
Kraft Heinz shaken to the core with a trifecta of financial blows
Shares in the heavily indebted company have plunged following the revelation of a trifecta of issues, including a $15.4bn write-down, a Securities & Exchange Commission (SEC) probe into its accounting practices and a tepid 2019 outlook that means...
Irish bakers fear bread price hike following a hard-Brexit
The Irish Association of Master Bakers (IAMB) has warned that, if the UK crashes out of the EU on March 29 without a deal, the price of bread could rise significantly in the country.
GEA to debut next-generation thermoforming packaging machine
GEA will debut PowerPak PLUS, its next-generation thermoforming packaging machine for meat, bread, biscuits, baguettes, ciabatta, croissants and pita at IFFA, Frankfurt, Germany (May 4-9).
Prudent bakery and snack producers are clueing-up to the plant-based and free-from megatrends
Plant-based and free-from were identified as two of the top trends that influenced the industry in 2018, according to research by The International Food & Drink Event (IFE).