Dr. August Oetker, a privately-held German company within the food and beverage market, is set to acquire Wilton Brands from TowerBrook Capital Partners. The transaction is expected to close before the end of the year, but other financial information has not been disclosed.
Handstand Kitchen has debuted new unicorn-themed baking kits for cakes, cupcakes and cookies.
Clipper Corporation has introduced the Allrecipes Precision Bake & Food Prep Tools. The new collection of tools includes a 4-piece combination mixing bowl and measuring set, a dough cutter/bench scraper with an integrated silicone bowl scraper, and measuring cups and spoons.