The deal builds on Aboitiz Foods’ established expansion strategy in Asia
While the private sector will be responsible for the purchase, financing, storage, maintenance and supply of strategic wheat reserves, the government will retain a regulatory, oversight and strategic control role.
The launch expands CIRANDA’s portfolio of specialty ingredients and underscores its commitment to innovation in the clean-label baking segment.
The new products highlight Pillsbury’s strategy of blending nostalgia with innovation to maintain its leadership in the packaged baking category.
Under the partnership, Impossible Foods will work with Equii to develop grain-based products to add to its portfolio.