Clessidra Private Equity Acquires Italian Bakery Group Laurieri
Clessidra Private Equity has acquired a majority stake in Laurieri, a renowned Italian baked goods manufacturer, for an undisclosed amount. This move allows Clessidra to...
Tag : Bakery and Cereal
Doughlicious Receives Investment from Bain-Backed Fund
UK cookie dough producer Doughlicious has secured a significant investment from a Bain & Company venture fund. The specifics, including the size of the investment,...
Italian Agri-Food Group BF to Divest Control of Couscous Company Bia
Italian agribusiness group BF has reached an agreement to sell a controlling stake in its couscous business, Bia, to private equity firms PM&Partners and Armònia....
Urban Farmer Acquires Caulipower
Private-equity-backed Urban Farmer has acquired the US frozen-food business Caulipower. Urban Farmer, which is majority-owned by Paine Schwartz Partners, specializes in marketing frozen pizzas, crusts,...
Maple Donuts, Backed by Investors, Names Greg Somerville as CEO
Maple Donuts, a prestigious portfolio company of Swander Pace Capital, has appointed Greg Somerville as the new CEO of the US-based bakery company. Somerville brings...
Premier Group Acquires South Africa’s RFG Holdings
Premier Group has announced plans to acquire fellow South African food producer RFG Holdings in an advantageous share-swap deal. Under this agreement, RFG shareholders will...
California to Prohibit Ultra-Processed Foods in School Lunches
California has enacted a law to phase out the “most concerning” ultra-processed foods (UPFs) from school meals over the next decade. The bill, signed by...
Jumbo Exits Everest as Epic Partners Acquires Alliance
Jumbo Supermarkets plans to end its alliance with international purchasing groups Everest and Epic Partners for the procurement of A-brand products. The Dutch chain announced...
Panelto Foods Invests €7 Million in New Bread Production Line at Longford Facility
Panelto Foods is making a substantial investment of €7m ($8.2m) to install an additional bread production line at its operational facility in Longford, Ireland. Since...
Indonesia Poised for Palm Oil Growth in EU Trade Agreement
The EU and Indonesia have successfully concluded talks on a free-trade agreement that will eliminate tariffs on palm oil exports from the Southeast Asian nation....