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Adam Foods to buy Panrico bread assets from Bimbo 

26 Apr 2016

Spanish food maker Adam Foods has reached an agreement to acquire certain Panrico assets in Spain, Portugal and Andorra from Mexican baker Grupo Bimbo. 

Food industry quotes of the week - Unilever, Hain Celestial

24 Jul 2015

Unilever was among the companies issuing second-quarter results this week - and, after a period of higher food revenues, said it is making targeted efforts to grow the business. Elsewhere Hain Celestial acquired Europe plant-based food and beverage maker Mona Group. just-food also interviewed Seabrook Crisps CEO Jonathan Bye about the management buy-out at the UK crisp firm and to US start-up Flapjacked's co-founder David Bacon about its ambitions.

Bimbo predicts 70% sales jump in Europe post-Panrico buy

23 Jul 2015

Mexican baker Grupo Bimbo is banking on last month's acquisition of a clutch of assets from Spanish bakery group Panrico to propel its growth in Europe over the next three years.

Food industry news of the week – Ferrero & Thorntons, JBS & Moy Park

26 Jun 2015

This week has been bumper for food sector M&A. Ferrero announced that it is gobbling up UK chocolate maker Thorntons. JBS is taking control of Moy Park from heavily indebted Brazilian meat group Marfrig. Grupo Bimbo also announced it has purchased parts of Spanish baker Panrico. Meanwhile, in the world of retail, Delhaize and Ahold revealed plans to combine. Here is just-food's top news and insight coverage from this week.

UPDATE: Bimbo confirms deal for Panrico

22 Jun 2015

Grupo Bimbo today (22 June) confirmed it has struck an agreement to buy parts of Spanish bakery company Panrico.

Bimbo "to buy Spanish baker Panrico"

22 Jun 2015

Mexican bakery giant Grupo Bimbo has reportedly struck a deal to buy Spanish company Panrico.

SPAIN: Panrico strikes union deal on cuts

15 Nov 2013

Spanish baker Panrico has secured union backing for cuts to pay and jobs - although its initial plans have been watered down.

SPAIN: Baker Panrico trims job cut plans

31 Oct 2013

Spanish baker Panrico has reduced the number of jobs it plans to cut to stem losses and revitalise the business - although over 800 posts are still set to face the axe.

SPAIN: Panrico set for union talks as strike action continues

23 Oct 2013

Talks are scheduled over the next week between the management at Spanish baker Panrico and unions as strike action at the company continues.

SPAIN: Panrico to reinstate pay after union talks

4 Oct 2013

Ailing Spanish baker Panrico has agreed to resume partially paying staff after talks with union officials.

SPAIN: Nationwide strike to hit ailing baker Panrico

3 Oct 2013

Unions representing workers at Spanish baker Panrico have drawn up plans for a nationwide strike next week.

SPAIN: Bakery group Panrico files for creditor protection

2 Oct 2013

Ailing Spanish baker Panrico has filed for creditor protection to give itself some breathing space as it tries to restructure the business.

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

30 Sep 2013

Once again, the dairy and infant formula sectors in Asia-Pacific grabbed the headlines last week. Danone was at the centre of yet more bribery allegations in China. Fonterra - which has had its own scandals this year - published its annual results and said it planned to up its focus on nutrition and on emerging markets. And Australian dairy processor Warrnambool Cheese and Butter Factory turned down a takeover bid fro local peer - and investor - Bega Cheese.

SPAIN: Bakery firm Panrico mulls 1,900 job cuts

25 Sep 2013

Loss-making Spanish bakery group Panrico is considering cutting 1,900 jobs as it looks to try to put itself on a firmer financial footing.

SPAIN: Bakery group Panrico suspends staff pay

20 Sep 2013

Spanish bakery group Panrico has temporarily suspended the pay of over 4,000 staff as it draws up a new business plan to stave off possible insolvency.

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