date:Apr 24, 2013
segment showing a slight decline. Caravan Ingredients was affected by the bankruptcy of major customer Hostess, whose volumes are already gradually being picked up by other industrial bakers (who are also supplied by Caravan Ingredients).
Looking ahead, Mr. Hoetmer said CSM not only will work to complete the divestment of its Bakery Supplies businesses, but also will work to expand its markets and generate substantial organic growth at the continuing business.
First and foremost, this is drive