Acquisition

Grupo Bimbo continues acquisition strategy despite lower Q1 profit

Grupo Bimbo continues acquisition strategy despite lower Q1 profit

By Gill Hyslop

Grupo Bimbo SAB de CV acquired Natural Bakery in Winnipeg, Canada, and made a minority investment in Delaware-based Olyra Foods during its first quarter, which saw net profit down 9.4%, citing the sale of its confectionary business in the same quarter...

Pic: Getty Images/Sara Bolognini

Orkla acquires Swiss ice cream ingredients supplier

By Jim Cornall

Norwegian food company Orkla Food Ingredients has entered into an agreement to purchase the Swiss company Hans Kaspar to strengthen its position in confectionery and ice cream ingredients.

Schluckwerder was founded in 1956 and produces the 175-year-old Lübecker marzipan brands. Pic: Schluckwerder

Acquisition

Valeo Foods buys Lübecker marzipan owner

By Anthony Myers

Dublin-based Valeo Foods Group has agreed a deal to buy German confectioner Schluckwerder Holding, in a bid to further consolidate its position as a major international food business across the UK, Continental Europe and Ireland.

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