Baking & Snacks
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Egyptian snacks giant Edita Foods secures US$12.6M to finance frozen bakery segment investments
EGYPT – Egyptian snacks giant Edita Food has signed two medium-term loan agreements worth EGP 390 million (US$12.60M) to finance investments related to the newly…
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Tiger’s Albany announces new brand positioning to drive volume growth
SOUTH AFRICA – Albany, Tiger Brands’ Bakeries business has announced a refreshed corporate brand positioning to showcase better the company’s realness. Engineering News reports that…
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Grupo Bimbo inaugurates US$100m production line to bolster bread production in Argentina
ARGENTINA – Mexican baked goods giant Grupo Bimbo has inaugurated a new US$100m production line for bread at its facility in Pilar in Buenos Aires…
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Bimbo’s Canada Bread Co. banned from federal contracts over price-fixing scheme
CANADA – Canada Bread Co, one of Canada’s biggest commercial bakeries and a subsidiary of Bimbo Canada, has been put on a Canadian government ineligible…
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Kellogg’s formally approved to trade as two companies Kellanova and WK Kellogg Co
USA – American multinational snack and cereal company Kellogg’s will now be publicly traded as two independent companies Kellanova and WK Kellogg Co. after its…