Cereal & Cereal Bars

Grupo Bimbo continues acquisition strategy despite lower Q1 profit

Grupo Bimbo continues acquisition strategy despite lower Q1 profit

By Gill Hyslop

Grupo Bimbo SAB de CV acquired Natural Bakery in Winnipeg, Canada, and made a minority investment in Delaware-based Olyra Foods during its first quarter, which saw net profit down 9.4%, citing the sale of its confectionary business in the same quarter...

Pic: GiftWrapper

Trendspotting in 2023: A glorious bouquet of Valentine snacks and bakes

By Gill Hyslop

$23.9bn was spent on gifting last year, with 53% of American planning to celebrate Valentine’s Day again in style in 2023 – and nine million of them choosing this event to pop the big question, according to stats gathered by GiftWrapper. That’s big business...

Pic: GettyImages/Olena Bondarenko

Are you ready to set the bakery industry smouldering with CBD?

By Gill Hyslop

This year, the Vegas-based International Baking Industry Exposition (IBIE) hosted the Cannabis Central pavilion, which shone a light on the opportunities, highs and lows of infusing baked goods with the more mollifying CBD, as well as the more euphoric...

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