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WEB4 days ago · Complete resource for grain-based food industry news, commodity markets, ingredients, processing trends and innovations, publications and more.
Bakery survey shows consumer behavior has changed
WEBDec 1, 2022 · Rich Products said it launched its ongoing consumer sentiment tracking study in 2020 to monitor changes in shopper preferences and fresh bakery purchasing behaviors across retail, foodservice and e-commerce channels. To date, the company has run 12 stages of the survey with 300 participants each. In …
Weston Foods finds buyer | 2021-10-26 | Baking Business
WEBOct 26, 2021 · TORONTO — FGF Brands Inc., which describes itself as “a technology company that bakes,” has reached an agreement to acquire the Weston Foods fresh and frozen bakery businesses of George Weston Ltd. for $1.2 billion. The purchase price represents approximately a 10x multiple on the 2021 estimated EBITDA of the Weston Foods fresh and frozen bakery business.
Co-manufacturer completes acquisition of Weston Foods’ ambient …
WEBDec 29, 2021 · DOWNERS GROVE, ILL. — Contract manufacturer Hearthside Foods Solutions, LLC. on Dec. 29 completed the acquisition of Weston Foods Ambient Division assets for C$370 million ($296 million). The transaction was first announced in November. The assets being acquired include six North American bakeries producing cookies, crackers, cones and wafers.
Utah Flour Milling breaks ground on new mill | Baking Business
WEBJan 10, 2024 · Utah Flour Milling is a partnership of Denver-based PHM Brands’ Panhandle Milling and NIPPN Corp., one of Japan’s largest flour milling businesses. Construction of the facility will be led by Bratney Companies of Des Moines, Iowa. The $100 million mill and mix facility announced in July will be adjacent to a Campbell Snacks baking plant in ...
Aryzta North America rebrands as Aspire Bakeries
WEBMay 20, 2021 · LOS ANGELES — Aryzta North America, which earlier this year was acquired by private equity firm Lindsay Goldberg for $850 million, has changed its name to Aspire Bakeries, a decision that reflects the company’s aim to “continue to move upwards.” Following the completion of the transaction earlier this month, Aspire Bakeries said its strategies will remain the same, with a continued ...
Keith Nunes - Baking Business
WEB4 days ago · Keith Nunes has spent the past 25 years writing about the production, formulation, processing and consumption of food and beverage products. His experience has introduced him to the leaders of the industry's largest companies and the entrepreneurs who are driving change throughout the supply chain. As the editor of Food Business News, he has led the editorial department from a startup in 2005 ...
Gold Medal Bakery shuffles leadership | Baking Business
WEBFeb 7, 2022 · John Ferreira has been named senior vice president of manufacturing. Mr. Ferreira has worked at Gold Medal Bakery since 1979 in various leadership roles, including production manager, wrapping manager, plant manager, and most recently plant operations manager. In his new role he will oversee manufacturing operations, quality …
Five pillars form foundation of Weston CSR - Baking Business
WEB05.14.2021. By Eric Schroeder. TORONTO — Responsibly sourcing high-priority ingredients and developing and using sustainable packaging are two of the five pillars that will serve as the foundation of Weston Foods’ “Baking Better” corporate responsibility strategy. The pillars are described in detail as part of the company’s inaugural ...
Filling and icing the perfect donut | 2021-10-11 - Baking Business
WEBOct 11, 2021 · A lot of the importance in preparing an iced donut for freezing lies in the preparation of the icing and the handling of the icing before and during application. Formulation is also key. “It’s a fair statement that finishes such as icing will use formulations that are tailored for frozen or non-frozen products,” Mr. Moline said.