CSM Bakery Solutions

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CSM Bakery Solutions sells ingredients business to Investindustrial

7 Oct 2020

CSM Bakery Solutions, the private-equity-owned bakery-products group, has sold a division generated annual sales of around EUR500m.

CSM Bakery Solutions' unit Brill suspends production at frozen food plant

17 Oct 2019

US-based CSM Bakery Solutions is suspending production at a frozen bakery plant in Georgia owned by its subsidiary. 

US bakery business BakeMark buys Best Brands from CSM

20 Sep 2017

US bakery business BakeMark has acquired Best Brands from its former parent CSM Bakery Solutions for an undisclosed sum.

CSM Bakery Solutions sells BakeMark business to US investment fund Pamplona Capital Management

18 Jul 2017

CSM Bakery Solutions has agreed to sell its BakeMark business to investment company Pamplona Capital Management for an undisclosed sum as the Atlanta, Georgia-based bakery group focuses on other businesses in Europe and North America.

CSM Bakery Solutions eyes sale of BakeMark unit

6 Apr 2017

US-based bakery products supplier CSM Bakery Solutions is looking to offload its California-based BakeMark division.

CSM Bakery Solutions reprieve for UK production site

15 Mar 2017

CSM Bakery Solutions has confirmed a UK production site earmarked for closure a year ago is to stay open – and will focus on producing gluten-free and "free-from" baked goods and ingredients.

CSM Bakery Solutions to close Texas plant next month

7 Feb 2017

CSM Bakery Solutions will shut its factory in Houston in Texas - first slated for closure in October - next month.

CSM Bakery Solutions dismisses Moody's downgrades

29 Nov 2016

CSM Bakery Solutions has brushed off downgrades from credit agency Moody's, with the US bakery group insisting it is looking forward to a "successful" 2017.

CSM partners with Cinnabon for grocery launch 

16 Nov 2016

CSM Bakery Solutoins and baked goods chain Cinnabon have entered a partnership to bring Cinnabon branded sweet treats to retail and foodservice channels. 

CSM Bakery Solutions promotes Marianne Kirkegaard to CEO

19 Sep 2016

CSM Bakery Solutions, the US baked goods supplier, has promoted chief commercial officer Marianne Kirkegaard to the position of president and CEO.

CSM "optimising" business, closing three facilities

28 Apr 2016

CSM Bakery Solutions has said it will invest "more than" EUR150m (US$170.1m) over the next two years to "optimise" business operations, moves that will result in the closure of three facilities in the US and UK. 

The year in review - the top food industry interviews of 2015

16 Dec 2015

2015 was another year of insightful interviews with a wide range of senior executives in the international food sector. Here we present the most-read interviews on just-food this year. Click on the headlines for more.

Food industry quotes of the week: PepsiCo, Campbell Soup Co., CSM Bakery Solutions

23 Oct 2015

The UK debate over sugar intensified this week with Public Health England calling for a series of measures to reduce consumption. In the US, Campbell Soup Co. and The Schwan Food Co. both made pledges to simplify the ingredient panels in some of their products. In China, PepsiCo announced the opening of the first Quaker Oats plant in the country. Here is the week in quotes.

CSM Bakery Solutions aims for market-leading growth

22 Oct 2015

CSM Bakery Solutions came to life two years ago when Rhône Capital acquired the bakery supplies business of Dutch food and ingredients group CSM. At the time, Rhône Capital said it would invest in CSM's capacity to innovate and use its customer relationships to support global growth. Katy Askew spoke to CSM vice president of bakery products, Sebastian Siethoff, to find out more. 

US: Bakery group CSM to expand Utah plant

17 Jul 2014

Bakery group CSM is looking to expand a plant in the US, state officials in Utah have announced.

just-food confidence survey: M&A appetite grows but will deals be done?

2 Apr 2013

just-food's industry confidence survey for 2013 indicated an increased appetite for M&A this year after what some saw, globally, as a lacklustre year in the sector for deals. What lies ahead in the mergers and acquisitions arena over the next few months?

Editor's choice: the highlights on just-food this week

2 Apr 2013

Dairy featured heavily in our headlines last week. We interviewed Fonterra's CFO about the New Zealand giant's half-year results and plans for emerging markets. Swiss peer Emmi published its annual figures and we spoke to its international boss about its plans outside its domestic market. Meanwhile, in the UK, Greek yoghurt producer Fage won its court battle with rival Chobani over how the US firm labels its products here.

Quote, unquote: just-food's week in words

2 Apr 2013

Last week, just-food grilled a number of top executives on their growth plans and strategy for the future. Fonterra CFO Jonathan Mason told how the New Zealand dairy giant is exploiting increased demand for dairy in emerging markets. The head of Emmi's international business talked about international sales targets. And Divine Chocolate's commercial director told us about how it is facing pressure on Fairtrade specialists.

NETHERLANDS: PE firm Rhône Capital to buy CSM bakery units

25 Mar 2013

Private-equity group Rhône Capital has agreed to buy CSM's bakery supplies businesses in a deal worth EUR1.05bn, the Dutch firm said today (25 March).

NETHERLANDS: CSM lowers valuation of European bakery unit

14 Mar 2013

Bakery and ingredients group CSM has reduced the valuation of its European bakery supplies unit, one of the assets up for sale.

Comment: Wise Aryzta boosts European retail business - at last

21 Feb 2013

It's been a while coming but Switzerland-based bakery giant Aryzta has moved to boost its business with Europe's retailers - as consumers increasingly turn away from artisan bakers and to supermarkets for their bread and croissants.

NETHERLANDS: CSM shares climb despite FY profits drop

29 Jan 2013

One-off costs have caused profits at ingredients group CSM to fall in 2012, but sales growth and better-than-expected underlying earnings saw the firm's share price jump following its results announcement.

The top ten analysis articles on just-food in 2012

18 Dec 2012

Looking behind the headlines is just-food's signature dish and this year we looked at the major stories in-depth, including the possible suitors for United Biscuits' salty snacks business; the work ahead for China's Bright Food after it bought Weetabix and the prospects for the two companies created by Kraft Foods' split in two.

NETHERLANDS: CSM Q3 profits slide on costs

25 Oct 2012

Dutch food group CSM reported a decline in third-quarter profits today (25 October) as one-off costs hit earnings.

NETHERLANDS: CSM exceeds expectations despite lower H1 profits

8 Aug 2012

Shares in Dutch food group CSM closed up today (8 August) after the company reported half-year profits that beat analyst forecasts and it provided an update on the planned sale of its bakery business.

ITALY/GERMANY: Barilla puts Lieken on the block

19 Jun 2012

Italian food group Barilla has put German baking business, Lieken, up for sale.

Quote, unquote: just-food's week in words

14 May 2012

Sainsbury's chief executive Justin King this week welcomed moves from its UK retail rivals to invest in product quality and service after the retailer reported an increase in annual underlying profits.

Editor's choice: the highlights on just-food this week

14 May 2012

Dubbed 'The Outperformer' by one set of City analysts, Sainsbury's announced annual profits that beat forecasts last week and the UK retailer remains confident in the face of increased competition. The UK grocery industry was in the spotlight last week, with the country's Government formally announcing its introduce a watchdog to monitor the sector. Elsewhere, CSM, a supplier of bakery products to retailers in North America and Europe, said it would exit the sector and focus on bioplastics.

Deal or no deal: CSM prepares for bakery bids

10 May 2012

Dutch food and ingredients group CSM announced plans to sell off its bakery business earlier this week. The speed of the decision to offload the division may have taken industry watchers by surprise but CSM has been giving off signals that it sees its future as a bio-based ingredients company for some time. Katy Askew takes a speculative look at the interest that the sale could generate.

NETHERLANDS: CSM to offload bakery businesses

8 May 2012

Dutch food group CSM has announced plans to sell off its bakery operations in Europe and North America and focus on bio-based ingredients.


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