An affiliate of New Water Capital Partners, which has a record of taking companies to their next level, has acquired Klosterman Baking Company. Klosterman, founded in 1892, is a bakery manufacturer that produces frozen and fresh breads, flatbreads, buns, organic breads, doughnuts, and artisan breads for an extensive national base of foodservice, institutional, and retail […]
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Walkers, the popular PepsiCo brand, has developed a digital guide to help retailers navigate the implications for the savoury snacks category when the HFSS legislation of the United Kingdom come into effect in October 2022. The Savoury snacks such as crisps are an important sales driver in the convenience channel, with a growth of 2.4 […]
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Arva Flour Mills, North America’s oildes operating water-powered commercial flour mill, has acquired the Red River Cereal brand from Smucker Foods of Canada Corp. a subsidiary of The J.M. Smucker Co. Red River Cereal is a hot cereal made from a blend of cracked wheat, brown flaxseeds, and rye, and it was created in 1924 […]
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As PepsiCo beat the expectations of Wall Street in the company’s second quarter and had seen organic revenue growth is decreased by 13 percent, which is prompting to bump-up the company’s complete revenue expectations, and the company has stopped short of also increasing the earnings of the company per share for 2022. PepsiCo is now […]
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Brakes, UK wholesaler has revived its help for hospitality campaign, which was launched in 2021 to help foodservice operators recovering from novel corona virus lockdowns. The initiative generated around 2 million pounds in cashback, which had been returned to customers in rewards and has also donated to charity. The hospitality industry has got a huge […]
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EverGrain has enlisted a scientific advisory board to study nutrition, health, and sustainability benefits in brewers spent grain (BSG). Five scientists from the leading universities in nutrition, food and health, agriculture, and environmental sciences will be collaborating with EverGrain to release the full potential of BSG, a nutrient-rich byproduct of the beer brewing process. The […]
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Puratos, a global bakery ingredient specialist plans to merge the two digital platforms, along with increasing its capacity to host six times as most of artisans with a personalized online store and mobile applications. Founded in 2015 by Yann Browaeys and Steeve Broutin, Rapidle has become the French market leading company in Click & Collecting […]
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Tom Vilsack, secretary of the US Department of Agriculture (USDA) has announced the launch of the 13th annual Feed Families program, which has been a voluntary food drive that is encouraging the employees from all the federal agencies for the purpose of giving in-kind contributions including the food, services and the to the pantries and […]
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Artisan Baker bread range of Dr Schar USA has now received kosher certification under the Orthodox Union (OU), which has been validating the highest standards of the food standards and kosher certification. The Orthodox Union, based in New York, USA, has been the largest and most widely recognized Kosher certification agency in the world and […]
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Mondelez has announced an agreement for acquiring Clif Bar, which is a leading producer of energy bars in the United States with the organic ingredients for 2.9 billion dollars along with an additional contingent earnout consideration. The acquisition of the brands including CLIF, LUNA and CLIF Kid expands the global snack bar business of Mondelez […]
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