Worsening climate change and other forces have accelerated capital flows into so-called climate tech.

Café Valley Bakery, a producer and distributor of baked foods to in-store bakery and foodservice customers, has acquired the assets of Freed’s Bakery, a Manchester, NH-based maker of iced mini cupcakes.

Butterfly acquiring business from another private-equity firm.

The baking industry is well positioned to leverage its scale to encourage suppliers, including packaging suppliers, to become leaders in sustainability, said Robb MacKie, president and chief executive officer of the American Bakers Association.

Eric Dell, executive vice president of the National Automatic Merchandising Association (NAMA), has been named president and chief executive officer of the American Bakers Association, effective Jan. 1.

Following a review of the company’s credit ratings, Grupo Bimbo SAB de CV’s senior unsecured ratings were reaffirmed by Moody’s Investors Services at Baa2. 

Grupo Bimbo SAB de CV has acquired St. Pierre Groupe, a United Kingdom-based baker of premium brioche-style products with a growing presence in the United States. The transaction was disclosed in Bimbo’s third-quarter financial results report.

Further expanding the range of its sustainability projects, Grupo Bimbo SAB de CV has launched regenerative agriculture pilot tests both in Mexico and the United States, said Daniel Servitje, chief executive officer.

The challenges overcome in planning IBIE 2022 were formidable, but the excitement and success evident in the event’s first days are cause for great celebration, said Kerwin Brown, the chief executive officer of BEMA. 

For a second straight year, Bimbo Bakeries USA, through its Thomas’ English muffin brand, is partnering with non-profit groups in Washington and Oregon to host “volunteer-fueled” events aimed at making public lands more accessible, more beautiful and better maintained.