Announcing New Sales Leadership for American Pan in Europe

Bundy Baking Solutions is proud to announce the new sales leadership team for American Pan in Europe. We are restructuring our team to better serve our customers across Europe and continue to provide full lifecycle

Saputo Announces Changes to Its Leadership Team

July 19, 2022 Saputo

Saputo Inc. announces the departure of Lyne Castonguay, President and Chief Operating Officer, Dairy Division (USA), effective immediately. Carl Colizza, President and Chief Operating Officer (North America), will, in addition to his current duties, take on the leadership of the Dairy Division (USA). He will continue to report to Lino A. Saputo, Chair of the Board, President and Chief Executive Officer.

Arva Flour Mills Announces Acquisition of Red River Cereal Brand from The J.M. Smucker Co.

July 19, 2022 Arva Flour Mills

Arva Flour Mills, North America’s oldest continuously operating commercial flour mill, is pleased to announce the acquisition of the Red River Cereal Brand from Smucker Foods of Canada Corp., a subsidiary of The J.M. Smucker Co. Officially acquiring the historic cereal brand on June 1, 2022, “The Mill” plans to launch the Brand later this month at their onsite retail store and their website, www.arvaflourmill.com. Further plans to distribute the Red River Cereal Brand into other retail locations are projected for later this year.

Chartwells Higher Education Acquires Fresh Ideas Food Management Company

Chartwells Higher Education, a sector of Compass Group and recognized leader in contract food service management, today announced its acquisition of Fresh Ideas, a food service management company based out of Columbia, Missouri. The acquisition allows Chartwells Higher Education to expand into more regional college and university markets while Fresh Ideas continues to build upon their strong client partner relationships.

Valor Siren Ventures II Closes $595M Fund

July 19, 2022 Valor Equity Partners

VSV II closed on $595 million, surpassing its $400 million target. VSV I’s strategic anchor investors, Starbucks Corporation and Nestlé S.A., continued their support of Valor Siren Ventures’ mission with strategic anchor investments in VSV II.  VSV I strategic investors rejoining in VSV II include Gordon Food Service.