Sustainability
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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…
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Egypt to import 4M tonnes of wheat in 2023 to support bread subsidy program
EGYPT-Egypt, the world’s largest importer of wheat, is planning to import 4 million tonnes of wheat to meet its annual production of subsidized bread. The…
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Cargill CFO Jamie Miller steps down, Joanne Knight takes over in an interim capacity
USA – Agricultural commodities trading company, Cargill has announced that Jamie Miller, is stepping down just 18 months after joining the company from GE where…
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Energis develops breakthrough wheat tempering solution that does not alter flour functionality
USA- Food safety solutions supplier Energis Solutions has developed a new pathogen reduction technology that does not alter flour functionality A recently validated study showed…
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Sohar Flour Mills inaugurates US$52M facility to boost Oman’s grain storage capacity
OMAN-Sohar Flour Mills, a subsidiary of Oman Flour Mills, has inaugurated a new US$52 million grain storage facility to boost the country’s strategic grain reserve…