June featured sustainability updates, strategic regional expansion and product innovation.
June witnessed an extraordinary wave of consolidation, multi-billion-dollar mergers, and massive capital expenditures across both the supply-side ingredients sector and industrial baking manufacturing.
The update underscores PepsiCo’s commitment to building a more sustainable food system while supporting farmers and reducing environmental impacts across its global operations.
The new SKU is made using the brand’s signature slow fermentation process and contains just four ingredients: flour, water, salt and fermented wheat flour, delivering a golden, crunchy texture when toasted.
The financing gives the food processing equipment business additional flexibility as it moves toward independence and a more aggressive acquisition-led growth strategy.