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Food Industry News
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Why Rise Baking Company’s Jimmy’s acquisition is about more than selling additional cookies
Rise Baking Company has completed its acquisition of Jimmy’s Gourmet Bakery, adding three Northeast manufacturing facilities, established cookie brands and private-label development capabilities as the private equity-backed bakery group continues building a broader North American platform.
Coles Group (ASX: COL) faces private-label scrutiny after ABC tomato paste forensic testing
Coles-brand tomato paste flagged in ABC forensic testing while Woolworths labels passed, adding supply-chain risk to a stock already under ACCC scrutiny.
Nestlé lifts Q2 RIG to 1.8% and prices Peranel water JV with Platinum Equity at CHF 4.5bn
Nestlé lifts Q2 RIG to 1.8% and prices its Peranel water JV at CHF 4.5B, netting CHF 2.8B at H1 2027 close as held-for-sale write-downs cut profit 31%.
Why Cal-Maine Foods’ $924m cash pile matters after its fourth-quarter earnings reversal
Cal-Maine Foods swung to a $35.9m loss as egg prices collapsed. See how prepared foods and specialty eggs could reshape $CALM.
Utz Brands (NYSE: UTZ) agrees to $2.9bn take-private by Intersnack Group
Intersnack to take Utz Brands private at $14.25 cash in a $2.9B deal, a 91% premium to Monday's close, with the Rice and Lissette Family rolling to 50% ownership.
MTR launches protein breakfast range as Orkla India (NSE: ORKLAINDIA) targets quick-commerce growth
MTR is adding plant-based protein to familiar Indian breakfast formats, linking product innovation with Orkla India’s push to expand convenience foods and digital commerce.
Associated British Foods (LSE: ABF) shares fall as sugar losses test Primark demerger case
Associated British Foods kept most of its full-year guidance intact, but a potential £60 million sugar loss and further deterioration in 2027 have complicated the investment case ahead of the planned Primark separation.
Mama’s Creations sold stock near record highs. Did management time the market correctly?
Mama’s Creations is raising enough capital to transform its acquisition capacity, but the scale of the offering forces investors to weigh near-term dilution against a potentially much larger prepared foods platform.
Bauducco opens largest US factory as $200m Florida bet targets America’s snack aisles
Bauducco has opened its largest US factory in Florida, doubling wafer capacity. Discover how the $200m expansion could reshape its American growth.
Scott & Jon’s bets Costco shoppers will make premium salmon an everyday frozen meal
Scott & Jon’s is using Costco’s regional warehouse network to test whether a premium salmon meal can achieve mass-market scale without sacrificing pricing, quality or brand positioning.