Golden Penny launches new noodles flavor in push to broaden customer options

NIGERIA–Golden Penny Foods, a subsidiary of Flour Mills of Nigeria Plc (FMN), has launched a new noodles flavor named Golden Penny Jollof Hot Hot noodles. Launching just before the festive season, the new spicy noodles came in a 70g pack, are fortified with protein, vitamins, and minerals and are said to be a great source of energy. The move to…

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US private equity Riverside snaps up Italian pasta maker Canuti

ITALY – Canuti Tradizione Italiana (Canuti), a family-owned producer of frozen pasta serving the food service channel, has been acquired by The Riverside, a US-based and global private investor. Canuti, founded in 1950, produces and sells frozen pasta and non-filled pasta internationally to 35 countries. It was acquired by the Toffano Pagnan family in 2015, who expanded it from a…

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