Baking & Snacks
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General Mills divests natural tortilla snacks company “Food Should Taste Good” 10 years after its acquisition
USA – General Mills has divested natural tortilla snacks company “Food Should Taste Good” to Real Food from the Ground Up for undisclosed sum. Founded…
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UK Capital Markets Authority blocks Jus-Rol by Cerelia over monopoly concerns
UK – French firm Cérélia, a Puff pastry giant, has been denied the green light to purchase Jus-Rol over concerns it may leave UK retailers…
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FDA greenlights increase in vitamin D fortification in cereal-based products
USA- The US Food and Drug Administration (FDA) has given the greenlight to food companies to the fortification levels of vitamin D fortification in cereal-based…
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Grupo Bimbo snaps up Vel Pitar as it marks entry into the Romanian market
MEXICO-Mexican bakery giant, Grupo Bimbo, has acquired Romanian bread maker Vel Pitar from New York-based private-equity fund CHL capital. Vel Pitar was formed in 2001…
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Canadian bread maker Backerhaus Veit acquired by private equity firm PNC Riverarch Capital
NORTH AMERICA – Middle-market private equity firm PNC Riverarch Capital has acquired baked foods manufacturer Backerhaus Veit, Ltd from Swander Pace Capital for an undisclosed…