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Spain
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Deoleo increases EBITDA by 50% to US$58M, reports US$23M in net profit
According to the company’s latest annual report, the 50% increase over the previous year reflects the success of the company’s strategic reorganization and a more favorable global agricultural climate.
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Gallo launches its new high-protein pasta
The new formula combines 95% wheat and 5% pea protein.
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Cerealto to divest pasta business to Cerealis in shift towards snacking
While the pasta unit has been profitable and has benefited from recent capital investment, Cerealto indicated that the business would be better positioned under a dedicated pasta operator.
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Symaga outlines US$4.5M investment plan to upgrade manufacturing, sustainability operations
This is a key strategy for maintaining its leadership in silo manufacturing and includes significant improvements in automation and logistics.
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Lasenor introduces pea protein texturizer for bakery amid egg price volatility
The pea protein texturizer improves aeration, helps create a softer crumb, and slows staling in bakery and pastry products.