News & Analysis on the Bakery and Snacks Industries
Following the seizure of some of its cereals in Mexico over alleged contravention of the country's marketing laws, Kellogg’s told BakeryandSnacks it is still committed to wholesome, affordable food for Mexican consumers – no matter what age.
Mamamade has closed a record-breaking funding round – bringing its total pre-seed investment to £1.5m – led by founders and execs from Allplants, Made.com, Heals, Design my night, Bulb and Xexec.
Ulusoy has secured a 6-year, US$25m senior debt facility from Dutch entrepreneurial development bank FMO to fund the acquisition of a prominent consumer brand, which will enable it to move from an exclusive B2B business into B2C channels.
Mexican officials have seized 380,000 boxes of Kellogg’s cereals that feature cartoon mascots, which are in violation of recent laws preventing the marketing of allegedly ‘unhealthy’ products to children.
Belgian ingredients supplier, Puratos is to acquire the scientific expertise of THT in a bid to satisfy growing consumer demand for products that promote a well-balanced gut microbiome.