Baking & Snacks – LATEST NEWS

The new Zero Sugar Waffles are designed for consumers seeking to reduce their sugar intake while maintaining the convenience and enjoyment associated with frozen breakfast products.

The latest product enhancement reflects the company’s efforts to address the evolving needs of artisan bakeries, pastry chefs and commercial manufacturers seeking premium chocolate solutions for products such as croissants, pain au chocolat and Danish pastries.

The strategic separation is designed to unlock shareholder value and allow both entities to pursue focused growth strategies tailored to their respective markets.

The new facility, expected to be completed and commissioned in 2026, will consolidate several smaller inland bakeries into a single high-capacity production hub capable of producing approximately 12,000 loaves of bread every hour.

The transaction is expected to close in the third quarter of 2026, pending standard closing conditions.