Strong performance in the Americas, particularly for bakery ingredients, has seen Associated British Foods (ABF) post an operating profit up 25 per cent.
Bakery ingredients company CSM opened a new innovation centre in Germany yesterday to focus on developing bakery ingredients for the international market.
Dutch bakery ingredients firm CSM continues to focus on core
business, clearing the sale of its sugar confectionery unit Malaco
Leaf to investment companies Nordic Capital and CVC Capital
Partners.
In a €197.5 million deal food and pharma group DSM sheds low growth
bakery ingredients operations to private equity firm Gilde, freeing
up the Dutch firm to increase its focus, and opportunities, on high
margin, health promoting ingredients,...
DSM, the largest food fermentation company in the world (in value
terms) sees its combined food units beating industry growth for the
year, but bakery still under pressure, reports Lindsey
Partos.
CSM, the Dutch food ingredients company continues to shed non-core
activities, signing off its stake in natural alcohol supplier
Koninklijke Nedalco in a €24 million deal.
Driving into value-added bakery ingredients is a key area for
growth in the mature bakery market. Recently baptised Bakemark UK,
a new merger between Arkady Craigmillar, Readi-Bake and Caravan
Brill, the UK firm will tap into growing...
