Month: August 2015

Barry Callebaut and Petra Foods settled their dispute regarding the purchase price for the Cocoa Ingredients Division, which Barry Callebaut had acquired from Petra Foods in 2013. As a result of the settlement, Petra Foods has today paid to Barry Callebaut the lump sum of USD 38.8 million in cash. The negotiations were conducted amicably and outside the arbitration proceedings commenced by Petra Foods in December 2013, which proceedings are now discontinued. The dispute did not have any impact on the transfer of the Cocoa Ingredients Division to Barry Callebaut, which had been taken over entirely as of the closing of the transaction and was subsequently integrated into the Barry Callebaut Group’s cocoa business. …

As announced in its new management plan in May, 2015, Nisshin Seifun Group is “targeting self-sustained growth through strategic investments.” As part of the plan, Rogers Foods, a subsidiary of Nisshin Flour Milling Inc. (President: Nobuki Kemmoku), has decided to build a new flour milling unit at its Chilliwack facility (near Vancouver). Rogers plans to increase the Chilliwack mill’s capacity by more than 80%. Following the capacity increase, Rogers’ total combined capacity (including the Armstrong plant) is expected to reach 770 Mt/day of wheat (an increase of approximately 50%). …

Since 2005, the Dietary Guidelines for Americans have encouraged all of us to "make at least half our grains whole." But are we listening? According to new data from the WGC's 2015 Whole Grains Consumer Insights Survey, the answer is a resounding yes: nearly two-thirds of Americans say they're making half or more of their grains whole. …