Sweden to Reduce VAT on Food Items
In a strategic move to alleviate inflation’s impact on families, Sweden is set to halve its VAT on food products as part of its 2026...
Tag : Bakery and Cereal
Eshbal Aims to Triple Revenue by Expanding into North America
Israel-based Eshbal Functional Foods is strategically leveraging acquisitions within the North American market to fuel growth and aim to triple its revenue over the next...
Paulig Plans Investment in Tex Mex Facility in Spain
Paulig is set to invest €12 million ($14.1 million) to expand production capacity for its Tex-Mex products at the Berga plant in Barcelona, Spain. According...
Bimbo Announces Domestic Capital Expenditure Plans
Mexican bakery giant Grupo Bimbo plans to invest over $2 billion across seven states in its domestic market through 2028. According to a government statement,...
Adam Butler Appointed CEO of Second Nature Brands
Second Nature Brands, a leading US snacks and treats company, has recently appointed Adam Butler as its new CEO. Butler, a former executive at Kraft...
German Organic Company Bohlsener Mühle Under New Ownership
Germany-based organic company Bohlsener Mühle has recently been acquired by MDS Holding for an undisclosed sum. In a joint statement, both companies confirmed that this...
Dessert Holdings Acquires Willamette, a US Pie Manufacturer
US-based Dessert Holdings has strategically expanded its dessert portfolio by acquiring Willamette Valley Pie Company. Financial details regarding the acquisition remain undisclosed. Headquartered in Minnesota,...
Italian Investment Fund Buys Stake in Santangelo Bakery Group
Fondo Italiano d’Investimento recently acquired a 70% stake in Santangelo Group, a distinguished bakery business based in Italy. This transaction marks the fifth deal completed...
Spanish bakery Monbake nombra a un ejecutivo de Reckitt como CEO
Monbake, a leading bakery group based in Spain, has appointed former Reckitt director Borja Lomba Sorrondegui as its new CEO. He succeeds Aurelio Antuna, who...
Eshbal Functional Food Approaches Another Bakery Acquisition
Israel’s Eshbal Functional Food is poised for another strategic acquisition, having signed a binding letter of intent to purchase Texas-based Gluten Free Nation. Eshbal announced...