Adam Foods to buy Panrico bread assets from Bimbo
Spanish food maker Adam Foods has reached an agreement to acquire certain Panrico assets in Spain, Portugal and Andorra from Mexican…
Panrico
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Food industry quotes of the week – Unilever, Hain Celestial
Unilever was among the companies issuing second-quarter results this week - and, after a period of higher food revenues, said…
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Bimbo predicts 70% sales jump in Europe post-Panrico buy
Mexican baker Grupo Bimbo is banking on last month's acquisition of a clutch of assets from Spanish bakery group Panrico…
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Food industry news of the week – Ferrero & Thorntons, JBS & Moy Park
This week has been bumper for food sector M&A. Ferrero announced that it is gobbling up UK chocolate maker Thorntons.…
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UPDATE: Bimbo confirms deal for Panrico
Grupo Bimbo today (22 June) confirmed it has struck an agreement to buy parts of Spanish bakery company Panrico. Reports…
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Bimbo “to buy Spanish baker Panrico”
Mexican bakery giant Grupo Bimbo has reportedly struck a deal to buy Spanish company Panrico. A report by Spanish business…
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SPAIN: Panrico strikes union deal on cuts
Spanish baker Panrico has secured union backing for cuts to pay and jobs - although its initial plans have been…
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SPAIN: Baker Panrico trims job cut plans
Spanish baker Panrico has reduced the number of jobs it plans to stem losses and revitalise the business - although…
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SPAIN: Panrico set for union talks as strike action continues
Talks are scheduled over the next week between the management at Spanish baker Panrico and unions as strike action at the…
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SPAIN: Panrico to reinstate pay after union talks
Ailing Spanish baker Panrico has agreed to resume partially paying staff after talks with union officials. Panrico said today (4…