Spanish group Vicky Foods has signed an agreement to acquire the bakery brand Panrico from local peer Adam Foods. Financial terms of the deal were not disclosed. The family-owned company said Panrico will add “greater production capacity in a key category, especially in the sliced bread segment”. Rafael Juan, Vicky Foods' CEO, said: “The acquisition of Panrico reinforces our identity as a company with bakery roots. We are committed to growing the bread category, strengthening our brands, and continuing ...