German snacks group Bahlsen has sold Austrian rusk brand Feldbacher Zwieback to local firm Brandt Zwieback-Schokoladen.
Bahlsen, the Germany-based snacks maker, has reported an increase in sales in 2016 and added two more executives to its management board.
A court in Germany has upheld fines imposed on four confectionery manufacturers and a trade association for colluding to fix prices – and increased the overall total to around EUR20m (US$21.5m).
Germany-based biscuit and snack maker Bahlsen has acquired a majority stake in Rawbite, the Danish organic brand and producer of organic fruit and nut bars.
DKSH, the Asian sales and marketing agency, has snapped up a majority stake in Chinese e-commerce distributor Shanghai Sweets International.
Bahlsen has named Scott Brankin, the head of the German biscuit maker's operations in central and eastern Europe, to the three-person management board that oversees the business.
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