Milling & Baking News - September 25, 2018 - 10

Business

Millers and bakers weather coastal
storms; relief efforts underway

AP PHOTO/STEVE HELBER

that may occur due to the disruption in
the supply chain," the company said
on Sept. 12. "We have inventory in the
Shenandoah Valley that can be accessed
Continued from Page 1
"The safety of our employees is our to supply the impacted areas as needed."
Kellogg Co., Battle Creek, Mich., is
Goldsboro, N.C., bakery lost power dur- top priority," said Becca Hary, director of
corporate communications. "In advance among the companies stepping up in
ing the storm."
Meanwhile, B.B.U. said it has been of Hurricane Florence, our team worked support of those affected by the storms.
"fortunate," with no associates or assets together to immediately activate our The company on Sept. 18 announced it is
safety and emergency procedures, which donating five semi-trailers of cereal, bars
affected by the storm.
"B.B.U. is delivering to those areas that are included securing and evacuating the and crackers to help people in the Caroable to receive deliveries and intends to be plant. Since our plant was undergoing a linas and Appalachia region. The donations equate to more than 2.1
back to full service by (Sept. 20),"
million servings of cereal, bars
the company said on Sept. 18.
and crackers.
Bay State Milling Co., Quin"Kellogg and our partners
cy, Mass., operates a facility in
want to do all we can to help
Mooresville, N.C., that mills orfamilies impacted by Florence,"
ganic wheat flour.
said Kris Charles, senior vice"The Bay State Milling leaderpresident of global corporate
ship and crisis team have been
affairs. "This storm has ravaged
working since early last week to
some areas of the South, floodprepare and navigate the chaling cities and displacing many
lenges associated with Hurricane
families. We hope to provide
Florence," said Peter Levangie,
comfort and important nourpresident and chief executive ofishment by lending our supficer of Bay State Milling, on Sept.
port at this time when people
17. "We are happy to report that all
of our employees are okay, though Farm buildings are inundated with floodwater from Hurricane need it most."
PepsiCo, Inc., which has
a few have lost power at home.
Florence near Trenton, N.C., Sunday, Sept. 16.
more than 16,000 employees
"We remain cautiously optithroughout South Carolina,
mistic about customers and other
stakeholders. Following precautionary previously scheduled construction project, North Carolina, Georgia, Tennessee and
measures, the Mooresville mill was able to we had already made alternate arrange- Virginia, said it will donate $1 million in
grants to relief agencies and 350,000 meals
maintain close to planned run time, so we ments to handle our customers' orders."
Sugaright, a wholly owned subsid- to communities affected by Hurricane
are well prepared to keep customers operating this week. Sean Costello, the Moores- iary of CSC Sugar, which is involved in Florence through its PepsiCo Foundation.
"Our focus is on ensuring that relief
ville plant manager, reports the mill will be sugar trading, distribution and refining,
getting back to more customary operations expected the most severe impact of the agencies have the resources they need to
today (Monday, Sept. 17) as the team works hurricane to miss the company's network help those impacted by Hurricane Florence," said Jon Banner, president of the
of refineries.
through customer flour demands."
"All Sugaright refineries will work to- PepsiCo Foundation and executive viceIngredion, Inc., Westchester, Ill., opergether to cover any additional demand president of communications at PepsiCo. MBN
ates a facility in North Charleston, S.C.

Dr. Oetker expanding in baking and
decorating with deal for Wilton Brands
BIELEFELD, GERMANY - German food
conglomerate Dr. August Oetker KG has
entered into an agreement to acquire Wilton Brands, a baking, cake decorating and
candy making brand, from TowerBrook
Capital Partners L.P. Financial terms of
the transaction were not disclosed.
"The acquisition of Wilton means the
expansion of our position in the large
and interesting U.S. market for baking
and decorating," said Albert Christmann,
chairman of the board of management of
Dr. Oetker. "For American consumers,
the Wilton brand has been synonymous
with home baking and the creative decorating of cakes, pies and baked goods for
almost 90 years. With its product portfolio and strong brand, Wilton fits well with
10 / September 25, 2018

Milling & Baking News

Dr. Oetker. Wilton also is very progressively positioned in terms of the use of
digital brand management. Dr. Oetker's
entire organization will benefit from this
expertise."
Founded in 1929, Wilton Brands is
based in Naperville, Ill., and was acquired by investment funds managed by
TowerBrook Capital Partners L.P. in 2009.
Under the leadership of chief executive
officer Sue Buchta, the company has refocused the business on its baking and
food core while divesting non-core businesses. Following the transaction, which
is expected to close by the end of the year,
Wilton Brands will remain in Naperville
and will be run as a division within the
brand portfolio of companies owned by

Dr. Oetker. Ms. Buchta will remain in her
role as c.e.o.
"Wilton is passionate about bringing
the love of baking and decorating to everyone, everywhere, every day through
quality products that make baking and
decorating fun and easy," Ms. Buchta
said. "I could not imagine a better owner
for Wilton Brands. The opportunity to
draw on both companies' strengths, combined knowledge and commitment to
the category will position us to innovate
and grow more quickly, benefitting our
customers, our retail partners and our
employees. This is a proud and exciting
milestone in Wilton's 89-year history as a
trusted name in baking."
Founded in 1891, Dr. Oetker offers a
broad range of more than 1,000 products in
Germany and 4,000 products worldwide,
spanning the categories of baking mixes,
desserts, frozen pizzas and snacks. MBN
bakingbusiness.com / world-grain.com

http://www.bakingbusiness.com http://www.world-grain.com

Milling & Baking News - September 25, 2018

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