News

from baking+biscuit international 2021 issue 02

Slicing and bagging: Consistency in cutting & packaging flexibility

Name change for American Pan

Jason Bowman, president of American Pan Europe & MENA, recently announced the company name change from © American Pan American Pan Prestige SRL to American Pan Europe SRL. American Pan Europe is a division of Bundy Baking Solutions, headquartered in Urbana, Ohio, USA. It offers bakeries bakeware design, expertise, quality, and service. “With five pan manufacturing and service facilities and multiple sales offices throughout Europe, we feel the name better communicates our overall capabilities and commitment to the baking industry in this region,” stated Bowman. “We want bakeries to know that we are here and ready to provide the best bakeware, coatings and bakeware refurbishment services available in the world.” +++

Mondelēz expands into nutrition, crackers

Mondelēz International announced two new acquisitions in March: Grenade, a leading UK performance nutrition company, and Australian premium cracker company Gourmet Food Holdings. The terms of the transactions were not disclosed. Grenade is one of the category leaders in high-protein bars, and its Carb Killa® has been the best-selling product in the segment since 2016 with a growing presence in the UK and availability across other regions including North America and the Asia Pacific. This acquisition will help Mondelēz expand into broader snacking and fast-growing well-being segments and bolster its standing among the UK’s market leaders in snack bars with a 13% category share (Euromonitor). Earlier in March, the company also announced its entry into the fast-growing premium and well-being cracker segment with the acquisition of Gourmet Food Holdings Pty Ltd. Oliver Flint, previously chief operating officer, has been appointed as Gourmet Food’s managing director while co-founder and CEO Todd Wilson will remain with the business as an advisor. Mondelēz International will provide Gourmet Food with resources to accelerate growth while leveraging its manufacturing, research and development capabilities. +++