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EU regulator reviews Vandemoortele “commitments” in Délifrance takeover
Yahoo Finance· 2025-12-01 13:35
The EU regulator is reviewing certain concessions submitted by Belgium bakery group Vandemoortele for the approval of its takeover of peer Délifrance. Documents on the European Commission’s website show its competition arm was notified about the deal in October even though it was revealed by family-owned Vandemoortele back in March for an undisclosed sum. A new provisional deadline of 18 December has now been set by the regulator to assess what it states are “commitments” submitted by the Belgium group o ...
Walter Pat's Bakery Cafe Wins $100,000 2025 Comerica Hatch Detroit Contest by TechTown
Prnewswire· 2025-06-12 12:55
Core Points - Walter Pat's Bakery Cafe has won the 2025 Comerica Hatch Detroit Contest, receiving a $100,000 grant to establish a physical location in Detroit, Hamtramck, or Highland Park [1][2] - The bakery specializes in seasonal, small-batch viennoiseries and focuses on using Michigan seasonal produce and flavors from the Midwest and South [3] - The founder, Lauren Ellis, has over a decade of experience as a pastry chef and plans to open the bakery in District 5, inspired by her grandmother [4] Business Support and Community Impact - The three runner-up finalists each received a $10,000 grant to assist with their storefront openings, funded by TechTown's Small Business Support Hub [5] - TechTown Detroit, which organized the contest, aims to support local entrepreneurs and enhance the small business ecosystem in Detroit [6][11] - Comerica Bank has invested approximately $1.3 million into the Hatch Detroit program since its inception in 2012, supporting small business development [8] Contest Details - The contest involved public voting, with over 21,000 votes cast to determine the finalists, which included Walter Pat's Bakery Cafe and three others [6][7] - The final event took place at the Wayne State University Industry Innovation Center, where finalists pitched their business ideas to judges and the community [7] - Hatch Detroit has supported 50 alumni businesses, which have collectively created over 500 jobs and invested more than $10 million in economic development [12]