Portugal: Vicky Foods acquires Panrico brand, production plant
Vicky Foods, the Spanish food group, has signed an agreement with peer Adam Foods to acquire the bakery brand Panrico and its production center in Gulpilhares, Portugal. The acquisition includes a 50,000 sq m facility featuring three production lines with an annual capacity of 21,000 tonnes. According to Vicky Foods, the Panrico brand recorded a […]
Spain: Adam Foods acquires Moroccan biscuit manufacturer Biscoland
Adam Foods, the Spanish food group behind brands such as Cuetara and Artiach, has completed the acquisition of Biscoland, the biscuit division of the Moroccan conglomerate Holmarcom Group, for an undisclosed sum. The transaction includes the ownership of Biscoland’s industrial assets, most notably a 13,000 sq m production facility in Bouskoura, south of Casablanca. The plant, […]
Mexico: Bimbo to sell Panrico bread assets to Adam Foods
Mexican bakery firm Grupo Bimbo has reached an agreement to sell the bread brands of Panrico and other assets in Portugal, Spain and Andorra, including production units, to Iberian food group Adam Foods, according to a report in Jornal De Negocios. The move is a result of a change to Bimbo’s previous acquisition agreement in […]
‘Egg’ biscuits hatch from an app
The latest innovation insight from Gama Compass™ MANCHESTER – 3rd July 2015: The growing power of digital media to act as a driver for new product development is the subject of Gama’s latest innovation insight, as we look at a biscuit product born out of a proprietary mobile application – Artiach Dinosaurus Eggs Biscuits. Unveiled […]