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spaces for 2012. The new location is seen as an unprecedented opportunity to reach decision makers from regional businesses who historically have not traveled outside of the region — including the growing

made signiﬁcant process with the intended divestments by early 2013. “Given that the current environment is expected to lead to further industry consolidation, they are likely to be of greater value to another owner, and to be better positioned to participate in that consolidation,” CSM says of the bakery supplies businesses. CSM says it intends to balance the net proceeds from the divestments to support and enhance growth opportunities available to the bio-based ingredients business, to reduce the debt to a level suitable for its size and activities, and to distribute funds to shareholders. The Bakery Supplies businesses that CSM plans to divest had sales in 2011 of €2,409 million ($3,142.5 million), EBITDA before central costs and one-off costs of €127.5 million ($166.3 million) and EBITA before central costs and one-off costs of €86.3 million ($112.6 million). CSM says it expects to have made signiﬁcant process with the intended divestments by early 2013. The combination of Purac and

Register for All Things Baking
All Things Baking, an innovative trade event for retail and culinary professionals, will hold its second show in Houston, TX, Sep. 9-11, 2012. Building on a successful launch in Chicago last fall, All Things Baking 2012 expects to attract more than 3,000 foodservice professionals looking for cuttingedge education, essential networking opportunities and the latest product trends, equipment and supplies to help them stay competitive, proﬁtable and ahead of consumer trends.

number of panaderías. Exhibitors such as AB Mauri, Baker’s Best, Dawn Food Products, LVO Manufacturing and Revent, Inc. will showcase their latest equipment and technology, decorating supplies, ingredients and ﬂavorings, merchandising supplies, bakeware and molds. The education program also features some notable locals, including Sara Brook of the Dessert Gallery, who will present a live case study on the social media strategies used to drive in-store traffic. Texas native Bud “the Pieman,” founder of the legendary

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Royers Café, will demonstrate the art of making pies. His pies have been featured on CBS Sunday Morning with Bill Giest, ABC Nightline, Food Network numerous times and most recently on the History Channel. The program will also feature several Spanish language classes and Hispanic baking demonstrations. Interested participants are encouraged to visit the show’s website, www.AllThingsBaking.org, to register and for event details.

“We are very pleased that Houston will host All Things Baking this year,” says Susan Nicolais, RBA executive director. “Houston is an incubator for entrepreneurial bakeries and has become a world-class trade show destination with a track record for growing events that rotate into the region.” According to the Greater Houston Partnership, Houston boasts a higher concentration of bakers than New York, Orlando and New Orleans — 137 bakers for every 100,000 employed. The region has also experienced double-digit growth when other metropolitan areas were seeing a decline. From 2004 to 2010, retail bakeries in Houston grew 11%. All Things Baking will rotate around the country annually, except on IBIE years, when it will not hold a standalone event. The move to Houston has been received positively by key exhibitors who have already secured

Caravan Ingredients will supply biobased ingredients for preservation, nutrition, fortiﬁcation and stabilization and will serve end markets in food, chemicals and polymers. The combination will target growth opportunities in new lactic acid applications such as bio plastics, animal health and nutrition, as well as next generation, bio-based alternatives for oil-based materials. Combined, Purac and Caravan Ingredients in 2011 had sales of €704 million ($918.6 million), EBITDA before central costs and one-off costs of €123.5 million ($161.5 million) and

CSM to Divest Bakery Supplies
CSM n.v. will begin a major divestment process for its North American and European Bakery Supplies businesses and plans to transform into a biobased ingredients company with focus on its Purac and Caravan Ingredients businesses, Diemen-based CSM said May 7. CSM says it expects to have

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bake - June 2012

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