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...
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.
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.
Grupo Bimbo today (22 June) confirmed it has struck an agreement to buy parts of Spanish bakery company Panrico.
Mexican bakery giant Grupo Bimbo has reportedly struck a deal to buy Spanish company Panrico.
Spanish baker Panrico has secured union backing for cuts to pay and jobs - although its initial plans have been watered down. Under a "preliminary agreement" with the UGT union,…
Spanish baker Panrico has reduced the number of jobs it plans to stem losses and revitalise the business - although over 800 posts are still set to face the axe.…
Talks are scheduled over the next week between the management at Spanish baker Panrico and unions as strike action at the company continues. Industrial action at Panrico's Santa Perpctua de Mogoda factory…
Ailing Spanish baker Panrico has agreed to resume partially paying staff after talks with union officials. Panrico said today (4 October) workers will receive some money from Wednesday. Two weeks…
Unions representing workers at Spanish baker Panrico have drawn up plans for a nationwide strike next week. The UGT and CCOO unions have announced an "indefinite strike" will hit Panrico's…
Ailing Spanish baker Panrico has filed for creditor protection to give itself some breathing space as it tries to restructure the business. The filing gives Panrico protection for three months…
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