The completion of the transaction gives Vandemoortele full ownership of Banneton Bakery, strengthening its manufacturing footprint in the United States and reinforcing its commitment to serving the growing demand for premium frozen bakery products across the region
Mondelēz International attributed the performance to strong execution across its global operations, continued brand investment, and disciplined cost management.
New international benchmark establishes common quality, labeling and composition requirements for baker’s yeast used across the global baking industry.
The all-cash deal will take Utz private and marks Intersnack’s first major expansion into the United States, strengthening its position in the global savory snacks market.
The appointment comes as Eshbal continues to strengthen its position in the rapidly growing better-for-you food market through product innovation, acquisitions, and expanded commercial operations.