American Bakers

Birra del Borgo is to be acquired by Belgian brewing company Anheuser-Busch InBev (AB InBev).

The Italian brewery will operate independently and its founder Leonardo Di Vincenzo will continue as the CEO.

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Birra del Borgo plans to boost its business and expand its operations through the transaction.

"Bunge Deutschland will become a majority shareholder in WRAG."

Bunge’s subsidiary Bunge Deutschland has entered an agreement with Peter Cremer Holding GmbH & Co. KG (Cremer Group) to acquire a stake in Walter Rau Neusser Oll und Fett AG (WRAG).

Upon completion of the acquisition, Bunge Deutschland will become a majority shareholder in WRAG by acquiring a 62.8% stake in the company. It is subject to receiving customary closing clearance.

Bunge, an agribusiness and food company, plans to use the proceeds to enhance its product portfolio.

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A merger agreement between the American Bakers Association (ABA) and The Biscuit and Cracker Manufacturers’ Association (B&CMA) is expected to be completed by 30 June 2017.

The two companies hope to strengthen their operations as a result of the merger.

The programmes offered by B&CMA will be integrated within ABA, while its technical conference and online learning programmes will continue to operate under its own name.

B&CMA’s leadership team will merge with ABA’s as part of the agreement.

Image: American Bakers Association (ABA) and The Biscuit and Cracker Manufacturers’ Association (B&CMA) have entered into a merger agreement. Photo: courtesy of Evan-Amos via Wikipedia.