Baking & Snacks

This strategic maneuver ensures that the parent company maintains its 100% ownership of the retail arm while providing the necessary liquidity to fuel aggressive expansion in the organized food service and hospitality sectors.

This innovative product represents the powdered evolution of the company’s iconic Tiger Paste, specifically engineered to provide bakers and industrial food manufacturers with a more versatile, ready-to-use solution for creating the popular “tiger” or “crackle” crust on savory baked goods.

The Campbell’s Company reported net sales of US$2.6 billion, representing a 5% decrease compared to the prior year.

Hain Celestial divests its North American snacks unit to Snackruptors for US$115 million as part of a strategy to reduce debt and refocus on core food and beverage categories.

This milestone marks a significant victory for the Minneapolis-based food giant, which successfully reached its goal several months ahead of its original summer 2026 commitment.