Baking & Snacks

The facility is designed to support growing demand for bakery products in Western Australia while bringing production closer to major customers.

The agreement will make Caputo’s “00” Baking Flour and “00” Bread Flour available across all 20 Woodman’s locations, strengthening the company’s access to American home bakers and culinary enthusiasts.

The flour acts as a wheat flour replacement and is made with gluten-free ingredients, including whole grain brown rice flour, whole grain sorghum flour, sweet white rice flour, potato starch, tapioca flour and xanthan gum.

The legally binding divestiture package serves as the mandatory structural remedy required to clear Vandemoortele’s acquisition of French frozen bakery peer Délifrance.

This decline in profitability was primarily attributed to a challenging consumer landscape, higher marketing expenditures, and rising labour and freight costs, although these pressures were partly offset by moderating ingredient costs and lower interest expenses.