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Home » Topics » Industry News

Industry News
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Wetzel's Pretzels logo 2022

MTY Food Group acquires Wetzel's Pretzels

Brand acquired for $207 million.
November 2, 2022

MTY Franchising USA, Inc. closes its second deal of the year.


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Campbell appoints senior divisional leaders

Campbell appoints senior divisional leaders

Beekhuizen to lead meals, beverages division; Foley to lead snacks.
November 2, 2022

The move will drive continued growth in the company.


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CLIF debuts CLIF CORPS partnership with gymnast Sunisa Lee, VOICEINSPORT Foundation

CLIF debuts CLIF CORPS partnership with gymnast Sunisa Lee, VOICEINSPORT Foundation

Brand pledges funds to accelerate advocacy program.
November 2, 2022

The partnership will establish 20 new VOICEINSPORT Foundation advocacy chapters and support Title IX trainings on campuses across the U.S.


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Crown Bakeries holds ribbon-cutting for reimagined Georgia facility

Crown Bakeries holds ribbon-cutting for reimagined Georgia facility

Brand renovates Smyrna, GA manufacturing facility.
November 1, 2022

The nearly 200,000 square foot facility underwent an extensive renovation including expansion of manufacturing floorspace, tripling the size of the company’s research and development center with the addition of a state-of-the-art innovation lab, and renovation of employee welfare, offices, and café facilities.


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IFT names Bryan Hitchcock as chief science and technology officer

IFT names Bryan Hitchcock as chief science and technology officer

Hitchcock originally joined IFT in 2019.
November 1, 2022

Hitchcock assumes the role from former IFT President John Ruff who has served in an interim capacity for the past two years. 


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Embassy Ingredients Ltd. forecasts bakery trends to watch for in 2023

Embassy Ingredients Ltd. forecasts bakery trends to watch for in 2023

Trends include citrus, tart, sour, spicy, and fermented flavors.
November 1, 2022

Consumers have an increasing desire for complex and nuanced flavors, all while keeping comfort and familiarity in their baked goods.


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Dessert Holdings acquires Dianne's Fine Desserts

Dessert Holdings acquires Dianne's Fine Desserts

Dianne's product line includes cheesecakes, layer cakes, pies, tarts, and more.
November 1, 2022

The acquisition expands Dessert Holdings’ assortment of products supplied to the foodservice industry.


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Takis Blue Heat wins BASES 2022 Breakthrough Innovation award

Takis Blue Heat wins BASES 2022 Breakthrough Innovation award

Award goes to brands who constantly 'disrupt' the market.
October 31, 2022

Brand's boldly flavored snack recognized among 36 groundbreaking U.S. products


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State of the Industry 2021: The buns and rolls category rises

St Pierre Groupe acquired by Grupo Bimbo

Brioche brand acquisition closed at end of Q3.
Lis Parker
Liz Parker Kuhn
October 31, 2022

Grupo Bimbo has acquired St Pierre Groupe, a maker of brioche products which has a growing U.S. presence. 



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Old Trapper logo 2022

Old Trapper and Big Ten Conference renew sponsorship

Brand is the official jerky of the 2022 collegiate season.
October 28, 2022

Old Trapper announced that it has renewed their sponsorship of the Big Ten Conference, which includes the designation as the official beef jerky of the Big Ten Conference.


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