Investments, M&A & Funding
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Schwebel Baking Co. moves ahead with closure after buyer withdraws
The 120 year old bakery will shut down after sale talks ended and financial pressure continued to mount.
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AAK partners with Savor to scale carbon-based fats for bakery alternatives
The partnership also includes an equity investment from AAK in Savor, and will focus on scaling solutions for two segments where fats play a critical role in taste, texture, and functional performance.
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Crespel & Deiters partners with Happy Plant Protein to scale clean-label TVP
The partnership will see the technology deployed at Crespel & Deiters’ facility in Helmond, the Netherlands, to produce high-quality textured vegetable proteins (TVP) from European-grown pulses such as fava beans and peas.
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Paris Baguette opens new bakery café in Plano as North American growth continues
The new Plano location marks the company’s 27th bakery café in Texas as it continues to grow across North America.
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MeTL Group finalizes Italian pact for industrial silo infrastructure at Tanzanian grain plant
The equipment is destined for a cereal storage facility in Bandari, Tanzania, and SACE, the export credit agency owned by Italy’s finance ministry, insured the transaction through a tool it calls Supplier Credit.