The Pennsylvania-based company announced the recall after receiving consumer reports of plastic in product which presented a cutting or choking hazard.
In a move that’s a bit like saying, ‘No, we broke up with you,’ Mondelēz International, Inc. has announced it has ended discussions with The Hershey Company regarding a possible combination of the two companies.
The 2016 International Baking Industry Exposition (IBIE) will recognize the 2016 Becoming Environmentally Sustainable Together (B.E.S.T.) in Baking award winners during the triennial trade show this October.
Food recalls were up in the second quarter of 2016, in part because of powerful new testing methods and tighter regulations — an indication of a new normal rather than an outlying spike in the trend.
The automation solution provider will purchase the business for $3.15 billion.
August 25, 2016
The transaction follows recent divestitures of Network Power, Leroy-Somer and Control Techniques for $5.2 billion as part of the company’s overall strategic portfolio repositioning.