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Bakery survey shows consumer behavior has changed
Dec 1, 2022 · BUFFALO, NY. — As the ripple effects of the pandemic have played out over the past two and a half years, Rich Products has been tracking consumer sentiment through a series of surveys, beginning in mid-2020.
Weston Foods finds buyer | 2021-10-26 | Baking Business
Oct 26, 2021 · TORONTO — FGF Brands Inc., which describes itself as “a technology company that bakes,” has reached an agreement to acquire the Weston Foods fresh and frozen bakery businesses of George Weston Ltd. for $1.2 billion. The purchase price represents approximately a 10x multiple on the 2021 estimated EBITDA of the …
Fireking stays true to its roots while growing
Jun 29, 2020 · Fireking Baking Co. has expanded far beyond founder Greg Acerra’s pet project. When the Braintree, Mass.-based bakery was bursting at the seams of its 40,000-square-foot facility, Mr. Acerra realized this business had become bigger than himself. “Suddenly the business had grown to a point where it’s not just me with a crazy idea of …
Rise Baking to acquire Brill | 2021-06-23 | Baking Business News
Jun 23, 2021 · ATLANTA — Rise Baking Co. has reached an agreement to acquire Brill Inc. from Baker & Baker Group Ltd., a portfolio company of Rhône. Financial terms of the transaction were not disclosed. Headquartered in Atlanta, Brill Inc. specializes in cakes, cookies, muffins, icings, glazes and toppings, with a nationwide footprint and distribution network across the United States, servicing retail ...
Hostess completes acquisition of Voortman Cookies
Jan 7, 2020 · BEDMINSTER, N.J. — Hostess Brands, Inc. on Jan. 3 finalized the acquisition of Voortman Cookies Ltd. from private equity firm Swander Pace Capital in a transaction valued at approximately $320 million in cash. Founded in 1951, Voortman Cookies has evolved from a Hamilton, Ont., bakery opened by two young Dutch brothers, William and Harry Voortman, into a thriving business that ranks as the ...
Pro Tip: Appreciating the impact of inulin in baking
Jun 25, 2024 · Pro Tip: Inulin offers innovative solutions for producing nutritious and appealing baked goods.. Inulin, a type of prebiotic fiber, has garnered significant attention in the food industry, particularly in baking. Its functional properties and health benefits make it a valuable ingredient for enhancing the nutritional profile of baked goods.
Crumbl Cookies finds success | Baking Business
Dec 29, 2023 · America’s hottest cookie franchise offers valuable lessons. LINDON, UTAH — At first, the ambitious founders of Crumbl understood that everyone might not be accustomed to cookies so large (Crumbl cookies range in size from 4 oz to 5.5 oz).
Proofers: Controlling critical conditions - Bakingbusiness.com
Mar 27, 2017 · Engineering changes upgrade the controls, airflow, pan movement, cleanability and footprint of high-capacity final proofers.
Aryzta North America rebrands as Aspire Bakeries
May 20, 2021 · LOS ANGELES — Aryzta North America, which earlier this year was acquired by private equity firm Lindsay Goldberg for $850 million, has changed its name to Aspire Bakeries, a decision that reflects the company’s aim to “continue to move upwards.” Following the completion of the transaction earlier this month, Aspire Bakeries said its strategies will remain the same, with a …