Brasmar, a Portuguese seafood company, has announced it has acquired La Balinesa, a Spanish firm that produces smoked salmon, for an undisclosed sum. The Porto-based firm said the deal would underline its leadership position on the Portuguese market, expand its product range, and strengthen its footprint in Iberia as a whole. La Balinesa is described as a leading company in the manufacture of smoked fish in Spain. Located in the …
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B&G Foods, the US owner of food brands such as Green Giant, has announced it is acquiring baking aids business Clabber Girl from Indiana-based wholesale supplier Hulman & Co for an undisclosed sum. The Clabber Girl product range includes baking powder, bicarbonate of soda and cornflour marketed under brands such as Clabber Girl, Rumford, Davis, Hearth Club and Royal. B&G Foods said it expected the acquired business to generate approximately $70 to $75 …
KraftHeinz, the US consumer goods giant, is said to be buying back a plant it previously owned in Utrecht, Netherlands, reportedly over fears the factory was headed for bankruptcy. According to an article in Levensmiddelenkrant (quoting ANP), a trade union leader familiar with the matter said expected growth at the plant had not materialized, and 90 jobs had been under threat. KraftHeinz sold its drinks, bread toppings and breakfast cereal facility in …
Dr. Oetker, the Germany-based food firm, has completed a £30 million ($39 million) upgrade to its pizza manufacturing facility in Leyland, Lancashire, UK, according to a report in Business Lancashire. The site, which manufactures the firm’s Chicago Town and Ristorante pizza lines, has seen a doubling in total capacity with a new production line for the Chicago Town Deep Dish pizzas range. The upgrade also includes new raw materials storage capacity and …
Hershey, the leading US confectionery firm, is investing $104 million to expand a production plant in Augusta County, VA, USA, according to a report in Area Development. Once expanded by 111,000 sq ft, the site will reportedly create 65 new jobs and be able to produce penuche (fudge-like confectionery) and peanut cream for distribution to other Hershey facilities on the US east coast. Commenting on the launch, Susanna Zhu, vice president, …
Tyson Fresh Meats, a subsidiary of meat firm Tyson Foods, is investing almost $300 million to build a new meat production plant in Utah, USA, according to media reports. The new unit, which is to be built in the Salt Lake City area, will reportedly be a 400,000-square-foot case-ready plant which will take large cuts of beef and pork and convert them into steaks, chops, roasts and ground meat for …
Froneri, the ice cream joint venture of Nestle and R&R ice cream, has announced it has agreed to acquire the New Zealand ice cream business Tip Top from global dairy co-operative Fonterra for 380 million NZD ($250 million). The Tip Top name and its operations, including the Auckland based factory site at Mount Wellington will be maintained as part of the deal, Froneri said. Tip Top offers single serve ice …
Hain Celestial, a North American organic and natural products company, has announced that it has entered into a definitive agreement to sell all of its equity interest in Hain Pure Protein Corporation, which includes the FreeBird and Empire Kosher businesses, to investment fund Aterian Investment Partners for $80 million. Empire Kosher is a brand of kosher poultry including processed and unprocessed products as well as deli meats. Meanwhile the FreeBird …
Fazer, the Finnish bakery and confectionery firm, has announced the introduction of a new line of chocolate for the US market under the brand Nordi. Launching into the New York metropolitan area, the Nordi chocolate line is described as being made with 70% cocoa and comprises the varieties Sea Buckthorn & Salty Caramel, Hazelnut and Campsite Coffee, Raspberry & Tangy Licorice, and Smooth and Dark Original. Following its initial launch, …
Hain Celestial, an organic and natural products company with operations in North America, Europe, Asia and the Middle East, has announced that it has completed the divestiture of its WestSoy tofu, seitan and tempeh businesses to Keystone Natural Holdings, a portfolio company of Keystone Capital focusing on plant based food, for an undisclosed sum. Commenting on the deal, Mark L Schiller, Hain Celestial president and CEO, said: “This brand divestiture …
Savencia Fromage & Dairy, a specialist in cheese and value-added dairy ingredients, is set to close its production facility in Saint-Saviol with almost 100 jobs affected, according to reports in the French media. The factory, which Savencia Fromage & Dairy acquired from Lescure in 2013, will reportedly cease operations in October 2019. La Nouvelle Republique reports that the cheesemaker had invested up to €12.5 million ($14.0 million) in the plant …
McCain, the leading frozen potato firm, has announced the acquisition of a 70% stake Serya, a Brazilian food company which manufactures pre-formed potato specialities. Founded in 2015 in the state of Minas Gerais, Serya is described as having new, high technology facilities that allow it to produce a wide range of potato products for the Brazilian market. The firm’s website lists products including potato shapes and ‘noisettes’ with Forno de …
PepsiCo, the global food and drinks giant, has announced plans to invest $4 billion in Mexico between 2019 and 2020, leading to the creation of an estimated 3,000 new jobs. The investment includes $109 million to build what PepsiCo said what would be its first new plant in Mexico in 20 years. The facility, to be located in Guanajato, is scheduled to be operational by 2025 and will strengthen PepsiCo’s …
McCain, the world’s largest producer of frozen potato products, has announced a $300 million investment in its potato processing facility in Othello, WA, USA, saying the move would significantly expand its North American production capacity. The 170,000 sq ft expansion will add another battered and conventional french fry processing line to its production capabilities in the USA and create an anticipated 180 new jobs, McCain said. The additional capacity will …
JBS, the leading Brazil meat firm, is acquiring Rio Grande do Sul based pork processor Adelle for R$235 million ($59.4 million), according to a report in Folho de Sao Paulo. The acquisition, conducted through the JBS subsidiary Seara, includes a pork processing plant located in the city of Seberi. The unit is said to have begun operations in 2015. Commenting on the move, JBS said the acquisition of Adelle would …
Post, a packaged goods company focused on breakfast foods, has announced that it has agreed to acquire the private label ready-to-eat cereal business of TreeHouse Foods for an undisclosed sum. Post described the acquired unit as a leading private label cereal manufacturer with wide-ranging cereal production capabilities across two facilities, serving a diverse set of customers across retail channels. “The ready-to-eat cereal category represents nearly $9 billion in revenue at …
Kameda Seika, a Japanese snack firm, is forming a joint venture with LT Foods to produce its flagship crispy rice cracker in the northern Indian state of Haryana, according to a report in the Japan Times. LT Foods is described as a leading local food maker engaged in the milling, processing and marketing of branded and non-branded basmati rice, as well as the manufacturing of rice-based products for its domestic …
Easton Pharmaceuticals, a healthcare firm based in Ontario, Canada, has announced it has completed its acquisition of bakery firm Supreme Sweets in a cash and stock deal. Supreme Sweets operates a 40,000 sq ft facility in Toronto, where it produces traditional baked goods, including gluten-free and keto products, which it supplies to major grocery chains in North America, as well as specialty coffee chains, both under its own brands and …
Mondelez, the US confectionery, food, and beverage multinational, has announced that it has made a minority investment in Hu Master Holdings, the owner of both Hu Products and Hu Kitchen, described as a fast-growing US-based snacking company. Hu is described as making minimally-processed, paleo-inspired foods with simple, real ingredients and was created by siblings Jason H Karp, Jordan Brown and Jessica Karp in 2012. The firm’s product line includes chocolate, …
Cacique, self-styled as the leading maker of authentic Mexican style cheeses, cremas, and chorizos in the US, has announced the acquisition of specialist salsa firm El Sol Foods for an undisclosed sum. El Sol Foods’ salsas are described as being “handcrafted with fresh produce” using a small batch, cold process for “homemade, authentic Mexican flavors”. Newly marketed under the Cacique brand, the product will be available in nine varieties, including …
Saputo, a Canadian dairy company, has announced that it has entered into an agreement to acquire the specialty cheese business of Lion Australia for A$280 million ($197 million). The deal is said to include all of Lion Australia’s specialty cheese brands, including King Island Dairy, Tasmanian Heritage, South Cape, Mersey Valley, Heidi Farm and Australian Gold, as well as cheese manufacturing assets at Burnie (The Heritage) and King Island (King …
Dr. Oetker, the leading food multinational, has acquired a majority stake in Magioni, a start-up firm specializing in plant-based pizzas, according to a report in Levensmiddelenkrant. The Magioni product range includes brightly-coloured pizza bases made from cauliflower, beetroot, courgette and pumpkin, which are said to be produced and stretched by hand. As well as prepared pizza bases, Magioni makes ready-prepared pizzas in vegetarian varieties such as Margherita and Funghi, and …
Cristal Union, the number two sugar firm in France, has announced plans to close two facilities in response to oversupply and falling prices in the sugar market. Usine Nouvelle reports the firm, which markets the Daddy brand, is to shutter its plants in Toury, Eure et Loir and Bourdon in Auvergne, with more than 300 jobs affected. It is also said to be considering reducing activities at its Erstein packaging site …
Delverde, an Italian food company specialising in premium-positioned pasta, has been acquired by Italian food company Newlat, according to reports in ESM and Il Sole 24 Ore. Delverde is being acquired from leading Argentine food firm Molinos Rio de la Plata for €9.25 million ($10.45 million), reportedly as part of Newlat’s strategy of acquiring historic Italian food brands from overseas multinationals. Based in Fara San Martino in Italy’s Abruzzo region, …
Central Valley Meat, a meat processor founded in 1993, has announced it is to acquire beef firm Harris Ranch, comprising Harris Feeding Company and Harris Ranch Beef Company, for an undisclosed sum. Harris Ranch Beef is described as California’s largest beef producer and the largest ranch on the west coast of the United States. Its retail product lineup includes fresh beef, mince, patties, speciality beef and ready meals. Under the agreement, …
Campbell Soup, a US producer of canned soups and related products, has announced that it has agreed to sell its organic foods division Bolthouse Farms to an affiliate of private equity fund Butterfly Equity for $510 million. Acquired in August 2012, Bolthouse Farms employs around 2,200 staff and is a leading producer of organic beverages, dressings and carrots with a base in Santa Monica, California. Its new owner, Butterfly Equity, …
New World Foods, an Australian-based meat jerky firm, has acquired UK peer Meatsnacks Group for an undisclosed sum, according to a Just Food report. New World Foods markets the Mariani and Local Legends brands of meat jerky in its native Australia, as well as Japan, South Korea and the UK through channels including supermarkets, food retailers, duty free outlets and convenience stores. Meanwhile, the Meatsnacks Group portfolio includes Wild West beef …
The latest innovation insight from Gama Compass MANCHESTER – 15th April 2019: For this month’s Innovation Insight, we look at the rise of ‘two in one’ concepts in the bakery category. Under the spotlight is a recent launch from Fox’s Biscuits that aims to add distinctive ‘double flavour’ variety to the biscuit aisles – Fox’s Double Dough Biscuits. Newly launched in the UK, Fox’s Double Dough Biscuits aim to “shake up …
Dutch food business Wessanen, the owner of brands such as Kallo, Whole Earth, Bjorg and Mrs Crimble’s, has announced it has been acquired by a consortium comprising the private equity firm PAI Partners and Charles Jobson (Wessanen’s largest shareholder) for a total consideration of around €885 million ($996 million). The acquisition will enable Wessanen to continue to invest in initiatives in order to maintain its position as a leader in …
Granarolo, an Italian dairy company based in Bologna, has announced it is acquired a majority stake in Venchiaredo, a specialist maker of stracchino cheese. Founded in 1968, Venchiaredo has a product range that includes Venchiaredo stracchino cheese, Friulan stracchino, and Venciaredo Fresh. The company reported turnover of €26.9 million ($30.42 million) in 2018, up 18% on the year before. The deal sees Granarolo increase its stake Venchiaredo from 24% to …
Taylor Farms, a maker of salads and fresh foods, has acquired US organic salad business brand Earthbound Farm from international dairy giant Danone for an undisclosed sum. Earthbound Farm is described as the largest producer of organic salads in the US and had annual sales of around $400 million in 2018. In a statement, Taylor Farms said: “We are grateful for Danone’s stewardship of Earthbound Farm during the past two …
Unilever, the Anglo-Dutch consumer goods giant, is set to expand its Carte D’Or range in the UK with the launch of new layered ice creams featuring cake and biscuit pieces. Said to be backed by a marketing investment of £3 million ($3.9 million), the new range comes in the varieties Brownie and Vanilla, Sea Salted Caramel and Raspberry Cheesecake, priced at £3.99 ($5.22) for a 430ml tub. The Raspberry Cheesecake …
Fairlife, the dairy firm formed as a joint venture between Coca-Cola and Select Milk Partners, has announced plans to expand its manufacturing capacity by building a new production and distribution facility in Goodyear, AZ with a $200+ million investment. The firm said the 300,000 sq ft plant, which is set to begin operations in 2020, would enable increased production of all Fairlife products, including the different varieties of Fairlife ultra-filtered …
Maple Leaf Foods has revealed plans to build a plant-based protein food processing factory in Shelbyville, Indiana with a $310 million investment. At approximately 230,000 sq ft, the new plant will be the largest facility and investment of its kind in North America, the company said in a press release. Maple Leaf Foods added that the facility would produce plant-based tempeh, franks, sausages and raw foods, including the recently launched …
Tulip, the meat firm owned by Danish Crown, is set to invest £2.3 million ($3 million) to upgrade a production facility in Ruskington, UK in response to increased demand for its snack products, according to reports in FoodBev and the Sleaford Standard. Tulip said the investment would allow the creation of a new “specialist snacking site” for niche products and would also add capacity for higher-volume lines. It reported having …
Bubs Australia, a goat milk products manufacturer, has agreed to acquire infant formula producer Australia Deloraine Dairy for a consideration including A$25 million ($17.8 million) in cash and A$10 million ($7.1 million) in shares, according to a FoodBev report. Australia Deloraine Dairy is a multinational food company predominately involved in manufacturing and marketing dairy, staple and natural foods. Its Melbourne facility is said to have the capacity to process 10 …
German milk processor Deutsches Milchkontor has announced a deal to acquire baby food producer Alete as part of a business “realignment and restructuring” process. The acquisition includes the brands, as well as sales and distribution channels, of Alete GmbH and German Babyfood GmbH. DMK described the deal as “very important”, since it is currently investing approximately €145 million in a complete renovation of a site in Struckhausen (Lower Saxony) to …
Emmi, a Swiss dairy company, is expanding its business with the acquisition of a 66% stake in Austrian milk processor Leeb Biomilch. Founded in 2001, Leeb Biomilch has established a leading position in Europe for organic goat’s and sheep’s milk products in fresh and UHT milk, milk drinks and yogurt. The firm also offers vegan products made from almonds, coconuts and oats under the MyLove-MyLife brand. It has 50 employees …
Kellogg, the leading US cereal and snacks firm, has announced it has reached an agreement to sell selected biscuit, fruit and fruit-flavored snack, pie crust, and ice cream cone businesses to confectionery firm Ferrero in an all-cash transaction valued at $1.3 billion. The transaction includes Kellogg’s biscuit business, including brands like Keebler, Mother’s, Famous Amos, Murray’s, and Murray’s Sugar Free, as well as biscuits manufactured for Girl Scouts of the USA. At the operational level, it includes …
Insight by Gama Compass MANCHESTER – 1st April 2019: Hot and spicy flavours are maintaining their popularity in new food launches, while recent years have also seen the concept of “extreme” heat take hold in a number of categories. In this month’s Insight By Gama Compass we look at how hot and spicy flavours are impacting different areas of the food sector, as well as some of the new and unusual …
Huercasa, a Spanish producer and trader of processed, ready-to-eat products, is planning to open a new factory in Romania to supply products to its operations in Germany, Poland and other Eastern Europe markets. The new plant is being built on a 200,000 sq m plot in Calarasi, in the Valaquia region, 150km from the Romanian capital Bucharest. According to Diario de Valladolid, the planned spend is in the order of …
Chinese dairy firm Yili has announced that it is set to acquire New Zealand’s Westland Milk Products, a New Zealand dairy firm, via its subsidiary Hongkong Jingang Trade Holding for an enterprise value of 588 million NZD ($400 million). Westland Milk Products manufactures a range of dairy products and ingredients for foodservice, industrial and retail clients. Its retail lineup includes Westgold butter and UHT milk, and the make-at-home yoghurt brand …
Nestle, the Switzerland-based consumer goods giant, has announced an expansion of its research and technology activities in China with the inauguration of a new research & development centre in Beijing and a system technology hub in Shenzhen. In a statement, Nestle said the new R&D centre would enable it to accelerate trend-based innovation in China to meet fast-changing consumer demand. The site, accommodating over 40 R&D specialists with expertise in …
Consumer goods giant Unilever has extended its Marmite yeast extract brand into a new category in the UK with the launch of Marmite Peanut Butter. According to Unilever, Marmite Peanut Butter “retains the umami taste of Marmite, but mingles these classic flavours with the smooth and salty flavour of peanut butter to create a delightfully savoury blend”. The new launch is said to feature the “recognisable brand colours” of Marmite …
Kroger, the US supermarket chain, has announced it has divested its Turkey Hill division to an affiliate of investment fund Peak Rock Capital for an undisclosed sum. Turkey Hill produces iced teas, fruit drinks, milk, frozen dairy desserts and a variety of ice cream products at adedicated manufacturing and distribution facility. As part of the sale agreement, the Peak Rock Capital affiliate will continue to operate the Turkey Hill business out …
Italian coffee giant Illy is acquiring the UK chocolate maker Prestat as it seeks to expand its presence in the gourmet food sector, according to reports in Comunicaffe and Reuters. Illy said that Prestat could partner with Domori, a premium chocolate giant acquired by the Italian firm in 2006. Producing a range of predominantly gifting chocolate, with an emphasis on chocolate truffles, Prestat reported sales of £7 million ($9.3 million) last year …
FrieslandCampina, the Dutch dairy producer, has announced that it is exploring options to build a “sustainable and innovative” dairy processing plant in the Netherlands. The company said the plant was intended for the manufacture of fresh dairy products and ingredients used for the production of early life and adult nutrition, as well as cheese, adding that it would be built “according to the latest insights in the area of technology and …
McCain, the Canada-based frozen potato firm, is expanding its french fry chip manufacturing site in Smithton, Australia through a A$40 million ($28.3 million) investment, according to Australian media reports. Tasmania Talks reports that, following the upgrade, Smithton will become McCain’s main french-fry production facility in Australia and New Zealand. As a result of the investment, McCain will be capable of manufacturing 25 new retail products and providing additional capacity across …
Mars, the US-based food giant, has announced the launch of a new accelerator which aims to “help early stage food-focused companies fast-track growth”. Launched as Seeds of Change – named after the Mars Food organic seed and food brand – the accelerator will focus on start-up food brands, innovative experiential offerings, new business models, and emerging technology, selecting six US and four Australian participants to develop their business. Chosen companies will take part in a four-month mentorship program with …
Lancashire Farm, a UK dairy firm, has invested £3.5 million ($4.6 million) in a new production plant at its site in Rochdale, UK to increase capacity for yoghurt products, according to a report in Rochdale Online. The investment has led to the creation of a 70,000 sq ft plant with increased capacity and capability in terms of milk intake, processing, filling and storage, and will reportedly increase the amount of …
Intersnack, the leading German snacking firm, is considering closing its Largo Foods popcorn factory in Barnsley, UK, operated by its UK subsidiary KP Snacks, according to a report in Insider Media. The move would see production transfer to the firm’s nearby Butterkist facility in Pontefract. KP Snacks managing director Mark Duffy said the decision to move production was due to over-capacity across the firm’s popcorn manufacturing base. “The Largo Foods UK …
Campbell Soup, the US food business, has announced it is selling its Garden Fresh Gourmet business to an affiliate pf Fountain of Health USA, a maker of hummus, dips, variety packs, prepared salads, pates, and frozen desserts, for an undisclosed sum. Campbell Soup bought Garden Fresh Gourmet in 2015, at the time bidding to expand in packaged fresh and organic foods. The sale forms part of Campbell’s Soup strategy, announced …
Saputo, the Canadian dairy giant, has announced it has reached an agreement to acquire its UK peer Dairy Crest in a deal worth around £975 million ($1.28 billion). Headquartered in the UK, Dairy Crest manufactures and markets cheese, butter, spreads and oils under leading brands such as Cathedral City, Clover, Country Life and Frylight, and also produces value-added dairy ingredients. It employs approximately 1,100 people in seven locations across the UK and generated £456.8 million ($600.5 …
Italian retail store chain Esselunga has launched a new line of products under the CheJoy brand name, which are targeted at children from the age of four. Created in partnership with Walt Disney, the products feature Disney characters such as Mickey Mouse, Minnie Mouse and Donald Duck, as well as characters from the Frozen, Star Wars and Spider-Man film series. The range is described as featuring options for breakfast, meals …
Brazilian snack manufacturer Milho de Ouro has begun operations at a new plant in the city of Embu das Artes, in the metropolitan region of Sao Paulo, according to a report in Newtrade. The plant has been designed exclusively for the Tira Teima brand of flavoured wheat snacks, in a facility said to be equipped with state-of-the-art machinery. The new unit has the capacity to process almost 900 tons of …
General Mills, the US food giant, has announced it intends to close its yoghurt factory in Carson, CA, USA as part of a restructure of its manufacturing operations. In a filing with the United States Securities and Exchange Commission, General Mills said the move formed part of “actions to drive efficiencies in targeted areas of our global supply chain by consolidating production and optimizing our labor, logistics and manufacturing platforms”. …
Nestle, the consumer goods giant, has revealed it intends to “explore strategic options” for its Herta charcuterie (cold cuts and meat-based products) business, with a view to a potential sale. Announcing the move alongside its financial results for 2018, Nestle said the decision was “a further step in positioning the portfolio towards attractive high-growth categories”. Recent times have seen the Swiss firm shifting its business towards ‘better for you’ segments, such …
Leading US mushroom producer and supplier South Mill Champs is entering in the snack category by launching a mushroom-based snack. Launched under the Shrooms brand name, the new range consists of four lines in a total of 14 different flavours, all containing mushroom as their main ingredient: Shrooms Crispy Mushrooms, Shrooms Mushroom Jerky, Shrooms Splits Jerky and Shrooms Snack Bar. South Mill Champs described mushrooms as a “functional superfood” containing …
Leading beef, pork and prepared foods firm JBS has announced a $20 million investment to expand its Plumrose facility in Ottumwa (IA) to meet growing demand for bacon among retail and foodservice customers. The expansion is said to also include bacon processing and equipment upgrades, including new state-of-the-art slicing equipment. Commenting on the investment, Plumrose USA president Tom Lopez said: “Today’s announcement demonstrates our continued commitment to the Ottumwa community …
Tayto, the UK’s third largest snacks firm, has signed a deal to acquire “grab and go” snack firm Bite UK, according to media reports. The joint venture, to be called Bite UK Snacks, will reportedly focus on “healthy snacking” and will see Bite UK’s flagship Pure Bite brand distributed throughout Tayto’s network. The Pure Bite range includes Strawberry & Gojiberry and Blueberry & Cranberry Popped Rice Clusters, Almond and Hot …
Danone, the global dairy firm, has unveiled a new facility for the manufacture of plant-based foods at its site in Dubois, PA, USA, according to FoodBev and Food Business News reports. The multi-million dollar investment will see products under brands such as Silk, So Delicious and Vega manufactured in a dedicated facility. Danone has previously stated its intention to triple the size of its plant-based business by 2025, setting a …
Clover Industries, the leading South African dairy firm, is the subject of a buyout bid by a multinational consortium, according to media reports. The bid, which values the company at 4.8 billion ZAR ($359 million), is being led by Israels’s Coca-Cola franchise Central Bottling Co, which owns 60% of the potential acquirer. Other partners include the South African investment firm Brimstone Investment. It is reported that, if the bid is …
Burton’s Biscuit, the UK bakery firm behind brands such as Maryland and Wagon Wheels, has announced the acquisition of Dorset-based biscuit firm Thomas Fudge’s for an undisclosed sum. Founded in 1916, Thomas Fudge’s focuses on “indulgent” sweet and savoury biscuits, producing lines such as florentines, flapjacks, biscuits for cheese, wafers and flatbreads. In a statement, Burton’s Biscuit described the premium sector as one of the fastest-growing in the biscuit category, …
Saco, a distributor of specialty consumer packaged goods, has announced it is to acquire leading sun-dried tomato business California Sun Dry for an undisclosed sum. California Sun Dry has a comprehensive product portfolio of jarred and bagged sun-dried tomato products, as well as related products such as tomato spread and pesto, and enjoys the number one market share position in the US sun-dried tomato category. Saco said the acquisition would help …
Katjes, the German sugar confectionery firm, is making its debut in the chocolate category with the launch of Katjes Chocjes, a vegan chocolate bar made using oat milk instead of cow’s milk. According to a report in Horizont, the new Katjes line is intended to have a focus on sustainability. The cocoa used in the bar is described as UTZ certified, while the paper wrapping is claimed to have FSC certificaton. Due to …
Portuguese coffee firm Delta Cafes has entered the snack bar business with the launch of a energy-boosting cereal bar that contains caffeine. Branded as Croffee, the cereal bar is said to be “healthy, satiating and stimulating” and comes in a brown-coloured wrapper bearing images of coffee beans. Each bar is said to contain caffeine content equivalent to one espresso coffee, and is claimed to be source of fibre and to contain …
Australian pie and pastry firm Patties Foods has acquired Simplot’s facility at Pakenham in Victoria, Australia, according to a Food and Drink Business report. The move follows Simplot’s exit from the frozen meals category last August leading to the closure of their Pakenham facility, where the company manufactured Nestle’s Lean Cuisine range. Patties Foods is also said to have closed a multi-year contract to produce Leggo’s pasta products for Simplot …
Dairy giant Lactalis is expanding its presence in the Middle East with the acqusition of milk and cheese firm Greenfield from Kuwaiti restaurant and foods business Americana Group. The French firm said the acquisition will strengthen the position of its Lactalis Halawa joint venture as a major producer of dairy products in Egypt, and demonstrated its interest in developing the Egyptian market. Founded in 1995, Greenfield owns 5 factories in Egypt and employs 1,250 …
Molinos Rio De La Plata, the leading Argentine food firm, has announced the acquisition of the La Saltena pasta and dough brand from US food giant General Mills. Describing La Saltena as a brand with a “great tradition” in the lives of Argentinian families, Molinos Rio De La Plata said its aim was to develop awareness of the brand in every household in the country. La Saltena offers fresh pasta as …
Lactalis, the French dairy giant, has announced it has acquired the Indian milk processor Prabhat Dairy, with the operation set to be effective at the beginning of the second quarter of 2019. Economic Times reports that Lactalis paid about 1,700 crore INR ($283 million) through a slump sale, and that the deal includes Prabhat Dairy’s milk processing business as well as its subsidiary Sunfresh Agro Industries. Established in 1998 in Shrirampur, Maharashtra, Prabhat Dairy …
Kellogg, the leading US cereal and snacks firm, is investing in new manufacturing facilities to expand capacity for its Pringles snacks brand in Europe, according to reports in Portal Spozywczy and Just Food. The company is said to be investing nearly 314 million PLN ($83 million) in the upgrade, which will see a new building and production lines constructed at the firm’s Kutno site in central Poland. The investment is …
Gama spoke to Mark Napier, Show Director, Gulfood, ahead of the latest edition of the Middle East tradeshow. What should manufacturers do to be successful in the current economic climate? Innovation is the buzz word for most areas of manufacturing these days as new advanced technology tools such as artificial intelligence, machine learning and robotics come into play. The food and beverages (F&B) industry is no exception and is perhaps even more …
Fazer, the leading Finnish food group, has announced multiple changes to its manufacturing operations in its home market, with the opening of a new plant-based foods factory and the possible closure of another facility making pre-packaged bread. The firm is investing €40 million ($46 million) to construct a new plant-based foods plant in the city of Lahti, in a move Fazer said would strengthen its position “as a forerunner in …
Nobre, part of the Campofrio group, has launched a line of cheese, marking its entry into the dairy sector in Portugal. The firm, which is primarily known for its meat products, said the strategy would strengthen its position in the Portuguese market. According to the company, the new line is conveniently sliced, making it a versatile choice for tapas, starters or light lunches. Commenting on the move, Nobre said: “In …
Brazilian food conglomerate BRF has announced the sale of its assets in Campo Austral, a manufacturer of refrigerated and frozen meat products, and with it its exit from the Argentinian meat sector. According to Clarin, the $145.5 million sale was executed in parts, as the Campo Austral plant in Florencio Varela and its associated assets and liabilities, including the Bocatti and Calchaqui brands, will be taken over by the Argentine …
Tonnies, the German meat firm, is closing its Weimarer Wurstwaren manufacturing site in Nohra, Thuringia, with the plant due to be shuttered on 28th February. According to an MDR report, Tonnies cited a slowdown in investment and price pressures in the meat industry as factors in the closure. MDR also reports that in recent times the site had begun manufacturing vegetarian products as consumer preferences changed. Weimarer Wustwaren, most famous for producing Thuringia …
Chobani, the leading US greek yoghurt firm, has announced the launch of the company’s first plant-based product line under the name Chobani Non-Dairy. Claimed to be “packed” with probiotics and to contain 25% less sugar than other non-dairy brands, Chobani Non-Dary is described as a coconut-based blend with “only natural ingredients” and “real fruit” for a creamy texture and a refreshing taste. The line is available as Blueberry, Peach, Slightly Sweet Plain, Strawberry …
The German division of Danish dairy giant has announced it has sold its plant in Bad Worishofen to the Belgian cheesemaker Vache Bleue. Arla said it decided to take the step of seeling the plant as production and distribution of the speciality cheeses produced there were no longer in line with the strategic orientation of the stores it supplies in Germany and Europe. The transaction includes the sale of all shares in the French …
Arla, the Danish dairy giant, has announced the acquisition of Mondelez’s processed cheese business in the Middle East region, which is currently licensed under the Kraft brand. Arla said the deal was set to significantly strengthen its position in the Middle East and North Africa, giving access to new product categories, new markets and a state-of-the-art production site. The company said that, up till now, most of its products sold in …
The latest innovation insight from Gama Compass MANCHESTER – 21st December 2018: For this month’s Innovation Insight we explore the growing trend for experience-based product launches. Under the microscope is a new jelly product for children from KraftHeinz that offers added play value: Jell-O Play Edible Slime. Launched in the USA and initially available only through online retailer Amazon, Jell-O Play Edible Slime is described as the first edible slime launched by …
Conagra Brands has announced it has found a new buyer for its Wesson oil business, after a previous deal to sell the brand to JM Smucker fell through over anti-trust concerns. The US food manufacturer and owner of brands such as Gardein, Reddi Whip and Marie Callender’s, said it had reached a definitive agreement to sell the Wesson division to Richardson International, Canada’s largest agribusiness firm. Wesson is an edible …
Multinational consumer goods firm Unilever has announced the acquisition of De Vegetarische Slager (The Vegetarian Butcher), a Netherlands-based meat substitutes firm, for an undisclosed sum. Unilever said the acquisition fitted with its strategy of expanding its portfolio into plant-based foods that are healthier and have a lower environmental impact, and would allow it to respond to the growing demand for vegetarian and vegan meals. Founded in 2007, The Vegetarian Butcher produces plant-based …
Dutch dairy multinational FrieslandCampina has announced the acquisition of Millan Vicente, a co-packer and distributor of cheese based in Zaragoza, Spain for an undisclosed sum. Describing Millan Vicente as an important partner in Spain for many years, FrieslandCampina said the deal would further strengthen FrieslandCampina’s position in supplying cheese to Spanish and Portuguese consumers. Millan Vicente was founded in 1995 and provides a wide variety of cheeses to modern retail. Post-acquisition it will …
Orkla has announced that it has disposed of its Mrs Cheng’s brand, selling the business to Continental Foods for an undisclosed sum. The Mrs Cheng’s brand, which has a product portfolio of soy sauces and Thai casserole bases in Sweden, became a part of Orkla through the acquisition of Rieber & Son in 2013 and had net sales of 23.5 million SEK ($2.56 million) in 2017. Commenting on the deal, Orkla …
Ajinomoto, the Japan-based seasonings and ready meals firm, has announced plans to construct a new plant to manufacture soup and other products at its Kawasaki site at a cost of 20 billion JPY ($180 million). The company said the new plant was part of a strategy that includes the restructuring of the value chain of its Japan Food Products business, and will achieve flexible production capabilities and high productivity (about double current levels) …
Ebro Foods, the multinational Spanish foods firm, is constructing a new factory in Spain to boost its production of convenience foods, according to a report in ABC De Sevilla. The new €70 million ($79 million) plant, to be located in the La Rinconanda municipality of Seville, is described as being the largest plant in the world for rice, ready meals and other convenience foods sold in pots. The factory will occupy …
Kraft Heinz, the US-based food multinational, has announced the acquisition of sauces and dressings firm Primal Kitchen for $200 million. Primal Kitchen is described as a “better-for-you” brand primarily focused on condiments and sauces including mayonnaise, salad dressings and avocado oil, but with growing product lines in snacks and other categories. The brand is claimed to hold leading positions in both e-commerce and natural channels and is expected to generate …
Gama spoke to Joanne Cook, Managing Director, SIAL Middle East, ahead of the event’s 2018 edition. What are your expectations for this edition of SIAL Middle East? Over the years since its launch, SIAL Middle East has registered double-digit growth. 2018 will be no exception. We are expecting more than 1,000 exhibitors, 20,000 visitors and 500 fully hosted VIP buyers. There are some new exhibitor sectors that are a key …
Consumer goods giant Unilever has announced an investment of R$127 million ($32.8 million) to expand its facility in Pouso Alegre, Minas Gerais, Brazil. According to an article in O Tempo, construction works are already in progress and operations are expected to start between April and May 2019. Unilever’s Pouso Alegre site currently produces stocks and soups for the Arisco and Knorr brands and soy-based drinks for the AdeS brand, as …
Maple Leaf Foods, the Canadian meat firm, has announced plans to construct “one of the most technologically advanced poultry-processing plants in the world” in London, ON, Canada with a C$660 million ($500 million) investment. Construction at the new 640,000 square feet facility is set to begin in the spring of 2019, with start-up planned to commence in the second quarter of 2021. As a result of the new plant being built, …
Rhodes Food Group, the leading South African food firm, has revealed it is acquiring the protein snacking business of RCL Foods for ZAR 30 million ($2.15 million). Announcing the deal alongside its third quarter results, Rhodes Food Group said the newly acquired business, which produces protein snack foods for leading retailer Woolworths, would be integrated into Rhodes Food Group’s ready meals operation in Groot Drakenstein. “The protein-snacking business is complementary to …
Griesson De Beukelaer, the Germany bakery firm behind the Prinzenrolle brand, is closing its factory in Kempen, North-Rhine Westphalia with up to 270 jobs affected, according to reports in the German media. The biscuit and cracker maker is said to be looking to close the factory by the end of 202o and consolidate manufacturing at the firm’s largest site in Kahla, Thuringia. The firm is reported to have said that upgrading the …
CJ CheilJedDang (CJCJ), South Korea’s leading food firm, is taking an 80% stake in US food delivery and consumer brands firm Schwan’s via its US susbsidiary, according to a report in the Minnesota Star Tribune. Schwan’s turns over about $3 billion per annum and markets a variety of frozen retail products, including Red Baron, Freschetta and Tony’s pizzas, Mrs Smith’s pies and Edwards desserts, alongside operating its flagship food delivery service. …
Cereal and snacks giant Kellogg has announced the launch of a new “3 in 1” cereal brand that claims to makes digestive health support “easily accessible”. HI! Happy Inside cereal is described as containing a blend of prebiotics, probiotics and fiber to provide support for good gut health. The range is claimed to contain a blend of fruit, yoghurty pieces and whole grains that stay crunchy in milk, and is …
Premier Foods, the UK food manufacturer, is mulling the sale of its Ambrosia custard and desserts brand as it continues to look at ways of reducing its debt burden. The company made the announcement as it reported a statutory loss after tax of £700,000 ($910,000) for the first half of its financial year, despite growing revenue by 1.3% and seeing trading profit increase by 6.2%. The Ambrosia brand range includes canned and frozen …
FMCG multinational Nestle has announced the launch of its first products developed by its incubator team in China. According to Nestle, the products were released under the new brand name Xingshan and comprise three herbal drinks and three herbal soups, offering the benefits of Chinese medicine and cuisine. Developed jointly by the Nestle China incubator team and the company’s brand division Totole, the new products are said to feature rose, …
Snacks and confectionery multinational Mondelez International has announced the launch of an innovation hub called SnackFutures. According to the manufacturer, the new hub was developed to tap into rapidly changing consumer trends, creating new opportunities in the snacking sector. The innovation hub will join internal human resources with external partnerships to enable Invention of new brands and businesses in key strategic areas, reinvention of small-scale Mondelez brands with large-scale potential, …
Kraft Heinz, the multinational food firn, has announced it is selling its natural cheese business in Canada to dairy firm Parmalat for C$1.62 billion ($1.23 billion) The agreement includes the sale of natural cheese brands Cracker Barrel, P’tit Quebec and aMOOza! in the Canadian market, as well as a production facility located in Ingleside, Ontario. Kraft Heinz said it would continue to own and market its other cheese products in Canada, …
Global snacks and drinks giant PepsiCo is set to acquire the upscale UK crisps brand Pipers, with the deal due to be completed in early 2019 subject to regulatory approval. Founded in Lincolnshire in 2004, Pipers claims to focus on using local ingredients to deliver “the best taste and quality possible”. It supplies hotels, pubs and restaurants as well as selected retail outlets such as delis and farm shops. PepsiCo said …
PepsiCo, the snack food and soft drinks giant, has announced its further expansion into the health and wellness arena with the acquisition of plant-based food maker Health Warrior. Founded in 2011 Health Warrior makes products such as nutrition bars, mug muffins and protein powder that are described as containing plant-based superfood, nutrient-dense and gluten-free ingredients and also as being low in sugar. The acquisition is PepsiCo’s first to form part …
Vitasoy, a manufacturer and distributor of plant-based food and beverages, has announced a 1.21 billion HKD ($154 million) investment to build a new manufacturing facility in Dongguan, China. 100,000 sq m in size, the Vitasoy facility will be the firm’s largest production facility in mainland China and it is expected to be operative by 2021. Winston Lo Vitasoy’s executive chairman commented, “Mainland China is now our biggest and fastest growing …
Multinational food and beverage company Kraft Heinz has annoucned an agreement to sell its India brands to consumer health firm Zydus, the personal care arm of Indian pharmaceutical company Cadila Healthcare, for approximately $625 million on a debt free and cash free basis. The portfolio of brands includes Complan, Glucon-D, Nycil and Sampriti. “The sale of this niche business fits into our overall global growth strategy and our focus on investing in …
US chicken and turkey producer Foster Farms has announced the launch of a range of refrigerated chicken snacks under the Bold Bites brand name. Packaged in single pouches, the fully cooked chicken breast pieces are available in five varieties: Chile, Verde, Korean BBQ, Caribbean Jerk, Cajun and Parmesan Garlic. According to Foster Farms, Bold Bites chicken snacks contain 15g of protein per serving, are free from hormones, artificial colour and …
T. Manzetti, a wholly-owned subsidiary company of Lancaster Colony, has acquired New York-based bakery firm Bantam Bagels for $34 million. Bantam Bagels is a producer and marketer of frozen mini stuffed bagels and mini stuffed pancakes for both retail and foodservice with an annual net sales of around $20 million. Lancaster Colony Corporation is a manufacturer and marketer of specialty food products for the retail and foodservice markets. Dave Ciesinski, …
Brazil’s leading supermarket chain Grupo Pao de Acucar has announced the decision to reposition its private label Qualita brand, launching a number of new sub-brands. According to the retailer’s press release, the private label’s entire product portfolio and pricing have been revisited, with the aim of offering quality items at a lower price than leading brands in each category. Among the cahnges are the creation of ‘Leve’ (Light) and Premium lines, planned …
US supermarket chain Kroger has announced that Home Chef meal kits are now being rolled out to more than 200 stores across the US Midwest. The announcement comes after Kroger acquired the Home Chef private meal kit company this summer. Robert Clark, senior vice president of merchandising at Kroger said: “We are excited to introduce Home Chef’s new retail meal kits to our store customers. Offering a rotating menu of recipes …
Unilever is launching a new ice brand called Culture Republick, claimed to be the first premium ice cream in the USA containing probiotics. The line, which is offered in 1 pint (473ml) tubs, is claimed to contain three billion live active cultures, between 400 and 500 calories, 16-18g of protein, 11-12g of fibre and no artificial sweeteners, and is being offered at a retail price of $3.99 to $4.99. Initially, …
Meat-processing company Smithfield Foods has announced an investment of $ 1.2 million to expand its meat production site in Grayson, KY, USA. The Grayson facility, which produces Smithfield brand sliced hams ,will increase production capacity by 20% to meet the growing necessities of the site, the company said. “In the last several years, our growth has allowed us to invest in our facilities and create new opportunities for those living in the …
Irish global nutrition group Glanbia has signed an agreement to acquire Florida-based SlimFast, a leading weight management and health & wellness firm, for $350 million. The deal also includes SlimFast’s sister company HNS. The SlimFast portfolio includes ready-to-drink and ready-to-mix products as well as a new Advanced Nutrition range of meal replacement shakes and smoothies and registered $212 million of net sales in 2017. Glanbia group managing director said: “I am pleased to announce …
Miami-based Hispanic retailer Sodano’s has announced the launch of a so-called “robotic supermarket”, after partnering with e-grocery solution Takeoff Technologies. The launch of the “the world’s first robotic supermarket” will occur next month, and will reportedly use cutting-edge technology to allow customers to place orders on an online app and then have the order fulfilled by Takeoff’s automated micro-fulfillment centre, assisted by Sedano’s associates. According to sources, the artificial intelligence robots will be …
Japanese snack producer Calbee, through its UK subsidiary, has announced the acquisition of savoury snack manufacturer Seabrook. Based in Bradford, Seabrook produces a range of crinkle cut, straight cut and lattice crisps, as well as low-calorie snacks. The brand’s crisps are available in sea salt and red wine vinegar, cream cheese and chives, and lamb and mint flavours. In a statement, the company said: “Through the acquisition of Seabrook brand …
Gama spoke to Nicolas Trenteseaux, Group Director, SIAL, ahead of the event’s 2018 Paris edition. What are your expectations for this edition of SIAL? It’s looking to be a great year for SIAL Paris! For the 2018 edition, 7,200 exhibitors from 110 different countries are expected to attend, along with 160,000 visitors from 194 countries. In 2016, 60% of our exhibitors declared they made 6 months of extra turnover thanks …
Maple Leaf Foods, a Canadian manufacturer of meat products, has announced the signing of a definitive agreement to acquire Viau Foods, a Canadian leader in premium cooked and dry-cured meats. The purchase was set for $215 million, including $30 million in Maple Leaf stock, to be financed through a combination of cash-on-hand and drawings. VIAU produces a range of prepared meat products including Italian cooked meats, sausages, pizza toppings, shaved …
Carre Leon, a French start-up firm has created a new culinary aid resembling chocolate bars that is made by blending cocoa butter and vegetables. Called Carres Futes (translating as ‘Smart Bars’), the product blend is achieved by replacing cocoa beans with whole, dehydrated vegetables. The line is available in three flavours: tomato, pepper, basil and shallot; leek, celery and fennel; and carrot, beetroot & garlic. Claimed to be a “100% natural …
Cocoa processor Barry Callebaut has announced the acquisition of Burton’s Foods chocolate factory near Liverpool, UK, for an undisclosed amount. The Swiss company will acquire the British factory by the end of this year to expand its manufacturing capacity in the country. Barry Callebaut has also announced an agreement with the biscuit maker for the long term supply of over 12,000 tonnes of chocolate and compound a year to Burton’s …
Portuguese retailer Jeronimo Martins has acquired five stores from Piotr iPawel, a competing retail chain of delicatessen and supermarket stores operating in Poland. The acquisition sees Jeronimo Martins pursuing its strategy of expanding outside Portugal. The opportunity arose at a time that Piotr iPawel is reported to be experiencing financial difficulties. Jeronimo Martins now owns 2,837 stores globally. The newly-acquired stores, located in Wroclaw, Poznan, Tychy and Kalisz, will be operated …
Australian fruit and vegetable cannery SPC, part of the Coca-Cola Amatil group, has sold the IXL jam and Taylor’s marinade and sauces brands to Kyabram Conserves. Terms of the sale were not disclosed. According to a company statement, Kyabram Conserves will continue to produce IXL and Taylor’s products from the site in Kyabram. “IXL and Taylor’s are great brands, but the Spreads and Sauces/Marinades categories were a small part of the …
Nestle, the Swiss consumer goods giant, has expanded its product range with the launch of a new Kit Kat variety for its Southeast Asian market. The new Kit Kat Duo Milk Tea was launched in Thailand, Malaysia and Singapore. According to Nestle the new flavour is a “full-bodied, creamy and soothing flora scent of a steaming cup of hot Milk Tea” that maintains its traditional crispy wafer centre while featuring …
US-based discount retail chain Wal-marthas announced the acquisition of Cornershop, a leading online marketplace for crowdsourced on-demand deliveries from supermarkets, pharmacies and specialty food retailers in Mexico and Chile, in a deal worth $225 million. According to Walmart, the transaction is an important step forward to accelerate the company’s omnichannel capabilities and its growth in Latin America. Judith McKenna, president and CEO of Walmart International, said: “Cornershop’s digital expertise, technology and …
Canned seafood producer Ocean Brands has announced the acquisition of Canadian brand Club Des Millionnaires from Harold T. Griffin. Club Des Millionnaires produces a broad range of canned sardine and anchovy products including small sardines (brislings) bearing the tagline “Fish She is Very Small”. “We are very pleased with the acquisition of Club Des Millionaires”, said Ocean Brands president Ian Ricketts. “Today’s consumers have an increased demand for natural sources …
Leading US multinational Cargill has announced the acquisition of Polish value-added food company Konspol, which manufactures a portfolio of chilled, convenience, frozen and cold cut categories. As a result of the acquisition, Cargill strengthens the company’s global poultry footprint to 14 countries. The deal will aso increase production capacity and proximity to existing customers offering expanded value-added and poultry products, the company said Konspol operates a feed mill, five broiler farms …
US confectionery firm Hershey has announced a definitive agreement to purchase Pirate Brands from B&G Foods for $420 million. The “strategic acquisition” includes the Pirate’s Booty, Smart Puffs and Original Tings brands. Pirate Brands will operate within Amplify, Hershey’s ‘better-for-you’ snacking hub in Austin. Commenting on the deal, Hershey’s chief growth officer Mary Beth West said: “Pirate’s Booty is a leading cheese puffs brand loved by moms and kids as a …
Leading bakery and snacks producer Mondelez International has announced the launch of its cookie brand Oreo in two unconventional flavours. A limited edition for the Chinese market, the new Hot Chicken Wing flavour, featuring a buffalo sauce-esque orange cream, and Wasabi green, were announced by the firm on Twitter. Mondelez International has also announced a contest on Twitter and Instagram that invites Oreo fans to suggest the next limited edition, …
Brazilian confectionery maker Florestal Alimentos has announced the acquisition of chocolate firm Chocolates Planalto. Florestal Alimentos and Chocolates Planalto are both base in the Rio Grande do Sul state in southern Brazil, but whilst Florestal Alimentos is specialised in sugar confectionery, Chocolates Planalto is focused solely in artisanal chocolate. The deal will enable Florestal Alimentos to enlarge its portfolio beyond its current 420-strong product range and move into more artisanal products. …
Vietnamese dairy producer TH Milk has broken ground on a new milk facility in Borovsk as part of its planned investment in Russia. The facility, which will have a capacity of 1,500 tonnes of raw milk per day, results from an investment of more than $630 million. The project is claimed to provide innovative solutions for increasing the productivity of milking herd and modern technological solutions, including automatic feeding and …
FrieslandCampina, the Dutch dairy giant, has announced that will invest €23 million ($26.6 million) in an evaporated milk and ready-to-drink milk factory in Nigeria. The new facility is part of the FrieslandCampina Dairy Development Programme (DDP), an initiative that aims to use knowledge and training to improve farming infrastructures . The initiative is focused on improving the quality of milk, increasing productivity per cow and securing access to market. Ben …
Netherlands based multinational food company Wessanen has signed an agreement to acquire plant-based dairy alternative brand Abbot Kinney’s for an undisclosed sum. According to a company statement, dairy alternative products are a core category for Wessanen and Abbot Kinney will be a good addition to Wessanen’s portfolio. “Driving the change to plant-based food is the essence of our strategy”, commented Wessanen CEO Christophe Barnouin. “The acquisition of Abbot Kinney’s is …
Fresh prepared food provider Bakkavor Group is to acquire Haydens Bakery from Real Good Food for £12 million. The deal is subjected to adjustment in relation to levels of working capital and net debt. This comprises £9.6 million in cash and £2.4 million of existing finance leases. Founded in 1976, Haydens Bakery is a manufacturer of sweet bakery products for UK’s grocery retailers operating from two facilities in Devizes in …
Stir Foods and Pacifica Foods (known as Stir-Pacifica), part of Chicago based company Wind Point Partners, has acquired sauce business Sabra Dipping Co. The deal includes the Santa Barbara and Chachies brands alongside with the Sabra brand. Founded in 2000, Stir-Pacifica manufactures soups, sauces, dressings and fresh sauces for both retail and food service customers. “I am delighted to welcome the Sabra salsa business and its employees to Stir-Pacifica”, said …
UK bakery manufacturer Finsbury Food Group has announced the acquisition of ‘free from’ bakery manufacturer Ultrapharm Ltd for £17 million ($13.3 million). According to a Finsbury Food Group statement, the acquisition is part of an ongoing plan to diversify the company’s product capability into high growth areas. Founded in 1993, Ultrapharm has a workforce of 240 employees developing an extensive range of bakery products such as bread, bun, rolls and …
Fishing and food business Sea Harvest has entered into agreement to acquire South African dairy firm Ladismith Cheese for 527 million ZAR ($35.8 million). Sea Harvest group CEO, Felix Ratheb said: “Ladismith Cheese exhibits strong fundamentals. It is a profitable, branded fast moving consumer goods food manufacturer of significant scale in the food and agricultural sector”. “The acquisition of Ladismith Cheese will provide Sea Harvest, through its wholly-owned subsidiary company, …
Arla Foods, the Danish dairy firm, will invest €36.3 million ($41.4 million) to build an innovation centre in Denmark focusing on research and development within whey and milk-based ingredients. The new facility will be part of Arla Foods Ingredients (AFI), an Arla subsidiary, and will “discover and deliver new ways of using milk and whey to serve the needs of the world’s growing population,” according to a company statement. “The …
Indian snack food company Prataap Snacks has announced the acquisition of an 80% of share in Avadh Snacks, a Gujarat based snack food company, for 148 crone INR ($2.1 millon ). Prataap Snacks manufactures fried and sliced crisps made from potatoes, hummus, lentils, and namkeen, a type of traditional savoury Indian snack, under the Yellow Diamond brand name, while Avadh Snacks manufactures namkeens under the Avadh brand name. Amit Kumat, …
Kraft Heinz, one of the world’s largest food and beverage firms, has announced an investment of £20 million ($26 million) in its facility in Kitts Green near Wigan in the UK. According to sources, the investment will be spent on modernising the filling and packaging operations, including a high-speed production line capable of filling 1,200 cans of soup and beans per minute, a high-speed weigh filling line and a triple-pack …
Nestle, the Swiss consumer goods giant Nestle, has announced that it is “considering alternative options” for its Lean Cuisine brand in Australia. The announcement comes after Simplot revealed that it will not renew the licence agreement that it signed in 2009 to manufacture and market Lean Cuisine under licence in Australia. The decision was taken as part of Simplot’s strategy to exit the frozen meals category and focus on its …
Dutch multinational dairy cooperative FrieslandCampina has taken over activities of Best Cheese Holland, including brands such as Parrano and Tjiezi. The acquisition is described as a response to the growing demand of consumers for cooking and snacking cheeses. “The acquisition of the brand Parrano and the dairy dippers fits in well with our ambition to provide dairy products for all consumption moments”, said Roel van Neerbos, president of FrieslandCampina Consumer …
Multinational Mexican bakery company Grupo Bimbo will invest $20.1 million to boost production at the Argentinian plant of San Fernando, to supply neighbouring countries. Four new lines will be added to the existing lines of white and wholegrain bread products to produce pre-cooked frozen baguettes. “Since 1995, we have been betting on this great province, where our first factory was installed in the province of Pilar”, said Diego Bustos, general manager …
Health food company Slendier has developed a new line of noodle, rice, pasta and ready meals made of konjac flour for the UK market. The range of products, which is said to be lower in calories and carbohydrates than wheat-based products, includes fettuccine, noodle, lasagne, spaghetti and pasta as well with three varieties of ready meals made of vegetable fettuccine with different types of Italian style sauces. “Through research and …
Hormel Foods and WholeStone Farms have entered into an agreement to sell the Hormel Foods processing plant in Fremont, NE to WholeStone Farms. The transaction includes both the processing plant and a multiyear agreement to supply raw pork to Hormel Foods. “The strategic decision to transition the Fremont facility to WholeStone arms reflects the long-term, changing dynamics in the pork industry, and most important, is aligned with our vision as …
General Mills, the leading US food producer, has launched new lines for its Fibre One and Nature Valley portfolios in the UK. From this September, Fibre One will be extended to include 90 calorie cake bars in Triple Choc and Carrot Cake flavours, each available in boxes of 4 x 25g at an RRP of £2.89 ($3.68). The triple choc variant features soft cake with smooth filling and a dark …
Global food and drinks giant PepsiCo has announced the investment of over $28.7 million to expand its Mar Del Plata plant in Argentina. According to a statement released by PepsiCo, the investments made between 2017 and 2018 were used to improve the plant at a technical and structural level, adding a total of 7,490 sq m to the site footprint and creating six new production lines. PepsiCo said the new …
Leading US organic yoghurt maker Stonyfield, part of the Lactalis group, has launched its new Snack Pack range targeting “families on the move”. Featuring organic low fat yogurt together with a sweet or salty ‘dipper’, the new line is available in the varieties Strawberry Yoghurt with Graham Crackers, Chocolate Flavoured Yoghurt with Graham Crackers and Chocolate Flavoured Yoghurt with Pretzels. Each Stonyfield snack pack has suggested retail price of $2.29 …
Insight by Gama Compass MANCHESTER – 15th August 2018: With vegetables and other plant-based ingredients gaining a greater profile in the consumer goods sector, this month’s Insight By Gama Compass takes a timely look at the use of edible oil within food NPD, exploring trends in the use of sunflower, palm, rapeseed, olive, coconut and other plant oils and considering how these relate to prevailing consumer trends. As a top-level observation, vegetable …
Valeo Foods, the Irish food firm, is acquiring the UK sweetmaker Tangerine Confectionery from private equity fund Blackstone in a deal worth in excess of £100 million ($127 millino), according to Sky News and Food Manufacture reports. The acquisition is said to include manufacturing sites in Pontefract, York, Blackpool, Cleckheaton and Liverpool that together employ more than 1,000 staff, and will bring together traditional confectionery brands including Poppets, Fox’s, XXX, Barratt’s, Dip …
Portuguese food manufacturer Cerealis has announced plans to expand production lines at its facility in Trofa in the north of Portugal. According to Distribuicao Hoje, in addition to expanding the plant, the €7 million ($8 million) investment will enable the company to modernise its packaging lines through automation, as well as enabling the creation of a new line of cereal bars. Through the investment, Cerealis plans to develop a new …
Kellogg, the US cereal and snacks giant, has announced the first line under its Kashi organic brand that is specifically targeted at children. Named Kashi By Kids, the new cereal line is said to feature “tasty superfoods ingredients + fun shapes + mighty plant based nutrition” and is described as being co-created “with passionate Gen Z leaders who inspire others to make a difference in the world”. The organic cereal …
Zentis, the fruit and preserves firm, has announced plans to take full control of chocolate spread maker Peeters over the coming years. The German jam maker said it had increased its stake in Peeters in July from 37 to 50%, and intended to acquire 100% of the shares in the business by January 2021. The move would fully integrate Peeters, which markets the Penotti chocolate spread brand, as a Zentis …
Fonterra, the multinational milk processor, has announced that it has joined forces with the consumer goods firm Future Consumer, part of Future Group, to market dairy products in India. The new venture, which is to be called Fonterra Future Dairy Partners, will market a range of products for both retail and foodservice channels that will “help meet the growing demand for high-quality dairy nutrition in India”, according to a company statement. …
Frito-Lay, the snacks division of global food and drinks giant PepsiCo, is set to expand a production facility in the city of Frankfort, IN, USA, according to a report in Inside Indiana Business. The firm is said to be investing $159 million in the upgrade to its Clinton County operations, which will see two new production lines and extra warehousing capacity added and the creation of 50 new jobs. Frito-Lay …
San Francisco Equity Partners (SFEP), a private equity firm focused on growth consumer goods companies, is taking a majority stake in frozen ‘cheese bread’ brand Brazi Bites, according to a report in Project Nosh. With a reported revenue of $8.5 million, Brazi Bites specializes in Brazilian-style ‘cheese bread’ which it distributes to stores across the US in Cheddar & Parmesan, Garlic Asiago, Zesty Pepper Jack and 3 Cheese Pizza flavours. …
Hindustan Unilever, the Indian arm of the Anglo-Dutch multinational, has announced the acquisition of the ice cream brand Adityaa Milk from Vijaykant Dairy for an undisclosed sum. The firm said the proposed acquisition was in line with its strategic objective of strengthening its position in the rapidly growing ice cream and frozen dessert market in India. Incorporated in September 2004, Adityaaa Milk is described as a fast-growing brand with origins …
Gama spoke to Mithun Appaiah, Chief Executive Officer, Sumeru (Innovative Foods Ltd). How is the way food companies are looking to reach and engage with consumers changing? “Consumer companies are currently grappling with both digital and traditional media. The choice of media and engagement depends on the category. Many brands are myopic and follow the digital trend without understanding the media that their specific target group consumes. Then there are …
US confectionery firm Hershey has announced the sale of Golden Monkey, a Shanghai-based confectionery brand, to Henan Yuxiang Food Technology for an undisclosed amount. The move comes as volume sales of sugar confectionery have reportedly declined in China as consumers switch to healthier options. Alongside confectionery, Golden Monkey also markets a tofu-based snacking brand called Munching Monkey. Commenting on the news, Hershey spokesperson Jeff Beckman said: “We are constantly evaluating …
PepsiCo, the global food and drinks giant, is to invest $100 million upgrading a facility located in Shanghai, China, according to a FoodBev report. The company said it was installing a new production line as well as adding advanced packaging and warehousing operations at the plant in Sonjiang. The investment will enable PepsiCo to meet demand for crisps from Chinese consumers. Commenting on the move, Ram Krishnan, president and CEO …
Sabra, the joint venture between PepsiCo and Strauss that markets hummus and other dips and spreads in North America, has broken ground on the latest expansion to its production facility located in Chesterfield County, VA. The firm said that the 40,000 sq ft expansion at the site – described as the world’s largest factory dedicated to the manufacture of hummus – would enable it to expedite product delivery to retail …
Biscuit International, a leading player in the private label biscuit market in Europe, has expanded its business with the acquisition of Arluy, Spain’s fifth largest producer and distributor of biscuits. A family-owned business, Arluy was founded in 1988 and markets a portfolio including Reglero, Rio, Zahor and B-live as well as the flagship Arluy brand. Based in the Rioja region, the company reportedly generated turnover last year of more than …
Premium Brands, the speciality food firm, has announced that it has taken a 62.6% interest in Yorkshire Valley Farms, a poultry processor based in Canada. Yorkshire Valley Farms is a leading producer of fresh and frozen chicken products such as chicken joints, mince, burgers and meatballs, the majority of which it markets under its namesake brand. The firm has annualized sales of approximately C$65 million ($50 million) and operates a …
Britannia, the Indian food manufacturer, has announced plans to open a new manufacturing site in Assam, India, according to a report in the Economic Times. Located in the town of Rampur, the new site will reportedly manufacture a broad range of Britannia products to meet demand in north-eastern states. The unit will increase Britannia’s production capacity in Assam, where the firm already has two sites, from 30,000 to 90,000 tonnes annually. …
Bega Cheese, the Australian cheese firm, is to acquire a manufacturing facility in the state of Victoria, Australia from Canadian dairy giant Saputo, according to an ABC report. Saputo was required to sell the plant by Australian competition regulators as a result of its acquisition of dairy firm Murray Goulburn. Located in the town of Koroit, the plant is described as being one of the largest milk drying facilities in …
Belgian biscuit and cake manufacturer Lotus Bakeries has announced the purchase of baby and toddler food business Kiddylicious for a price in the region of £42 million ($55 million). The sale price is described as being about twice Kiddylicious’ forecast sales for 2018. Based in southern England, Kiddylicious was set up in 2009 and last year posted £16 million in sales. The brand will join Bear snacks and Nakd snack …
Almarai, a leading Middle East food and drinks firm, has announced the opening of a new dairy facility in Saudi Arabia in partnership with GEA, a supplier group of food industry process technology. Described as Saudi Arabia’s “largest and most modern dairy processing facility”, the new site is dedicated to milk and yoghurt production, with the capacity to process two million litres of milk a day. According to GEA, the …
Calu, a Brazilian agricultural cooperative, has announced the sale of its plant in Uberlandia’s industrial district in Minas Gerais to dairy firm Polenghi, part of the French Savencia group. The deal follows suspension of construction at the site in 2015, with 90% of the works completed, due to the economic situation in Brazil. According to sources, Polenghi plans to restart construction works soon and expects production to begin in January …
Lindt & Sprungli, the global chocolate firm, has unveiled plans to enhance its production site in Stratham, NH, USA via a 200 million CHF ($202 million) investment. Announcing the move alongside its financial results for the first half of 2018, the Swiss firm said that the money would be invested in the construction of new high-tech production lines for cocoa and chocolate mass within the next three to four years “to …
Kwality, the leading Indian dairy firm, is pulling the plug on its operations in Dubai, UAE in the face of falling milk prices, according to a report in Arabian Business. Kwality Dairy Products DZE is located in Dubai’s Jebel Ali Free Zone and is a 100% subsidiary of the Indian firm. A slump in the global prices of skimmed milk powder and anhydrous milk fat is said to be behind the decision …
International frozen food giant McCain has announced a new range of ready meals in Australia, marketed under the name Slow Cooked. Described as being inspired by traditional dishes, the new line offers “a meal that delivers flavour and has a ‘homecooked’ feel without having to wait for hours for it to cook”. Available in a 300g size for an RRP of A$6.99 ($5.16), the new range comes in three options: …
Intersnack, the German snacks giant, has announced the acquisition of Popchips Ltd, the firm that owns and markets the Popchips brand in Europe. In North America and other international markets the brand will be retained by Popchips Ltd’s parent company Popchips Inc. The Popchips brand range includes crisps and potato-based puffed snacks in a variety of flavours. Commenting on the deal, KP Snacks CEO Mark Thorpe said: “Popchips is a …
The latest innovation insight from Gama Compass MANCHESTER – 20th July 2018: For this month’s Innovation Insight we turn our attention to the dynamics of the yoghurt category, and in particular the growth of the skyr segment, as we cast an eye over a new fresh cheese launch from Arla in the USA – Arla Skyr Cream Cheese Spread. Marketed as having a “rich, tangy flavour”, Arla Skyr Cream Cheese Spread …
Kaufland, the Schwarz Group owned German supermarket chain, has announced the launch of a brand called K To Go to target on the go occasions. Referencing findings from a recent study, the firm said that more than a third of consumers regularly opted for on the go snacks as a workday lunch, and that the K To Go brand would offer increased convenience for time-pressed consumers. The K To Go …
Germany-based food producer Dr. Oetker has acquired Tag El Melouk, the leading Egyptian manufacturer of baking ingredients, desserts, and other food products, for an undisclosed amount. Tag El Melouk , which has two production facilities in Cairo, produces a range of products in the baking ingredients and dessert powders categories under the brands Cook’s and Tag El Melouk. Founded in 1954, the firm employs around 400 staff and has revenue …
Confectionery firm Darrell Lea has announced the purchase of the Life Savers brand from the Australian arm of multinational consumer goods giant Nestle for an undisclosed sum. The agreement will see Darrell Lea, which is owned by Quadrant Private Equity, acquire rights to the Life Savers brand in Australia and New Zealand. Darrell Lea will then move its confectionery manufacturing operation from New Zealand to Australia, with the production line …
Dean Foods, the leading US dairy processor, is to close a bottling facility in Huntley, IL according to media reports. The move is the latest in a string of closures for the firm as it seeks to consolidate its operations in the face of falling consumer demand for milk products. Earlier this month, Dean Foods filed a notice of its intention to close a dairy plant in Louisville, KY, with …
US-based consumer goods firm B&G Foods has announced the acquisition of the McCann’s Irish Oatmeal brand from TreeHouse Foods, the private label manufacturer, for $32 million in cash. Positioned as a “premium” Irish oatmeal brand, McCann’s is sold across the USA and Canada as a classic traditional steel cut Irish oatmeal “known for the distinctive, nutty flavor of steel cut Irish oats”. TreeHouse Foods first acquired the McCann’s Irish Oatmeal …
Bel, the leading cheese firm, has announced the construction of its first plant in Canada fully dedicated to the production of Mini Babybel cheese. The facility, which is scheduled to begin commercial production in early 2020, represents an investment of $66.1 million and will create 170 jobs. Located in Sorel-Tracy, Quebec, the new plant is said to be aligned with Bel’s strategy of prioritizing local manufacturing to bolster growth in …
Galdisa, a maker of snack and peanut based products, has opened its first processing plant in the USA in Conroe Park North Industrial Park, in the north of Houston, Texas. Based in Mexico, Galdisa markets a range of nuts and other seeds and beans under brands such as Gold Fritz and Golden. According to sources, the plant was officially opened on the 6th July through the firm’s subsidiary Galdisa USA …
Natural and organic products manufacturer Hain Daniels, part of the Hain Celestial group, has announced the launch of a new jam brand in the UK. William’s British Conserves are described as being made from 100% British-grown fruit and will be packaged in an embossed 340g jar complete with a sleeve detailing the brand’s history, with the aim of securing share in the premium jam category. Described as having a home-cooked …
US consumer goods company Halen Brands is launching a line of health-oriented chocolates called Joyfuls into mass market channels, according to a Foodbev report. The new chocolate brand, which claims to be inspired by an artisan form of confectionery called mendiants, is claimed to be made from ingredients certified as happily sourced, non-GMO and fair trade. Sold individually wrapped, the 60% cocoa chocolate is described as being topped with fruit, …
Brynwood Partners, the US investment firm, has made its latest play in the food and drinks space with the acquisition of bakery assets belonging to food manufacturer JM Smucker. According to Brynwood Partners, the deal includes the exclusive US rights to the Pillsbury shelf-stable baking range, along with the Hungry Jack, White Lily, Jim Dandy and Martha White brands. The Pillsbury brand licence agreement is described as a royalty-free, perpetual agreement with brand owner General …
The Indian arm of FMCG giant Nestle, as part of its Cereal Partners Worldwide venture with General Mills, has announced the launch of a new range of family breakfast cereals range under the brand Nesplus. The firm had previously announced its intention to launch a line of cereals in the country. The range is said to feature a combination of multigrain wheat, rice, oats and millet, and will be available …
Century Pacific, a seafood processor, is setting up a new plant in General Santos City to cater for growing demand for tuna, according to a report in the Philippine Star. The firm, which enjoys a market leading position in canned fish in its domestic market, said the move was in line with its efforts to grow its business by 10 to 15% over the next 10 years. Funding from the project …
Patisseries Gourmandes, a French firm specialized in making baked goods, has entered into an exclusive negotiation to acquire the manufacturing activities of fellow bakery firm La Trinitaine, according to a report in Ouest-France. Stores operating under that La Trinitaine banner are said to be excluded from the deal. Founded in 1956, La Trinitaine produces a range of biscuits, cakes and other bakery products, with a focus on Breton specialities, and …
Dean Foods, the US consumer goods firm, has announced the acquisition of a majority stake in Good Karma, a leading brand of flaxseed-based products. The company took a minority stake in the dairy alternative producer last year. Based in Boulder, CO, USA, Good Karma produces a range of plain, flavoured and nutritionally-enhanced flaxseed milk alternatives, as well as dairy-free yoghurts and yoghurt drinks. The firm’s product range is said to “deliver strong nutritional …
Arcor, the Argentinian confectionery giant, is to establish a new factory in Angola in order to further its footprint in African markets. The manufacturer is said to be forming a joint venture with construction firm Webcor in order to build the new facility, which will be the company’s first outside Latin America. The total investment is described as being $45 million, of which Arcor is said to be contributing half. …
Ananda Dairy, an Indian milk processor, is to step up its presence in its domestic market with plans for hundreds of new stores and a new manufacturing plant, according to a report in the Economic Times. The new processing facility is earmarked for the northern state of Uttar Pradesh and is expected to have capacity for 4 – 500,000 litres of milk per day. The plant would join existing facilities Bulandshahr, …
Conagra Brands, the leading US food manufacturer, is to acquire Birds Eye owner Pinnacle Foods in a cash and stock deal worth $10.9 billion, the two firms have announced in a statement. The deal will reportedly make the combined company the second leading player in US frozen food behind Nestle. In addition to Birds Eye, Pinnacle Foods markets brands such as Duncan Hines, Earth Balance, EVOL, Erin’s, Gardein, Glutino, Hawaiian Kettle …
Hola Nola Foods, a snack food firm based in Los Angeles, CA, USA, has announced the acquisition of NatureStar Foods, the manufacturers of the Plocky’s crisp line. In a statement, Hola Nola Foods, which currently manufactures tortillas, tortilla chips, salsas and popcorn, said it was looking to expand its snacks portfolio with Plocky’s hummus and tortilla chips. Kevin Holden, president of Hola Nola Foods said: “Plocky’s award winning Hummus Chips …
Global consumer goods firm Nestle has announced the addition of a pizza line to its Sweet Earth brand of plant-based foods in the USA. Offering “pizza enlightenment”, the new line of frozen pizzas provides “wholesome, craveable flavors made with organic ingredients” as well as “unique crusts blended with ancient grains, carrot and rosemary, bold sauces, and fresh toppings”. Launching across the US, the Sweet Earth pizza line comprises Veggie Lover’s, …
Leading US food producer General Mills, through its new business development and venturing unit 301 INC, is among the companies participating in a $12 million investment in NextFoods, the makers of Goodbelly Probotics, according to a recently released statement The money raised will be used to expand GoodBelly’s national sales team, support capital improvements and drive product innovation. General Mills led the round and the additional investment came from existing …
The Canadian arm of UK canned soup and sauces producer Baxters has been sold for around C$24 million ($18 million) to a financial consortium comprising Fonds De Solidarite FTQ, Fondaction, Investissement Qubec and Champlain Financial Corporation. With volume sales of 60 million cans per year, Baxters Canada serves a wide range of consumers under its three brands Aylmer, Primo and Baxters. Alongside soups and sauces, the firm also manufactures ready-to …
General Mills, the US food giant, has announced the launch of YQ By Yoplait, a new yoghurt promoted with the slogan of “smarter, not sweeter”. “Setting out to give people something quite different from their typical yogurt experience”, YQ By Yoplait is said to be made from ultra-filtered milk combined with active cultures that undergoes a special “stirring” developed by Yoplait in France. According to General Mills, “the result is a …
Olymel, a leading Canadian processor of pork and poultry products, has announced the 100% acquisition of the Ontario-based poultry firm Pinty’s. Specialising in fully cooked chicken and other related products, Pinty’s operates three processing plants, located in Port Colborne, Paris, and Oakville. The firm markets a range of coated and uncoated chicken products for the retail trade under brands such as Pinty’s , EatWell and Pub & Grill. Olymel said the transaction would …
Spanish rice, pasta and sauce manufacturer Ebro Foods has announced plans to build a new factory to manufacture products under the Vegetalia banner, according to a report in Just Food. The new organic food production facility will be Ebro Food’s fourth and is set to be located in Barcelona, with works to start in the autumn of 2019. Ebro Foods acquired the Spanish organic food manufacturer Vegetalia for €15 million …
Irish snacks firm Tayto has announced the acquisition of meat snack maker The Real Pork Crackling for an undisclosed sum. Established for over 25 years, The Real Pork Crackling produces pork scratchings and owns leading pork crackling brands such as Golden Pork Crunch, and has listings in major UK supermarket chains such as Asda, Co-Op, Morrisons and Sainsbury’s. The deal to buy The Real Pork Crackling is the latest in …
Scandinavian food giant Orkla has announced that it plans to build a new biscuit factory, which is to be located in the Latvian capital Riga. In a press release, the company said that the decision was part of the group’s strategy of consolidating production in fewer but more efficient plants and investing in new, modern technology and concentrating production in one facility. Commenting on the decision, Ann-Beth Freuchen, executive vice …
Soft drinks firm Coca-Cola Brasil has expanded its portfolio of dairy alternative drinks in Brazil with the launch of new plant-based beverages under the AdeS brand. A year after buying the AdeS business from Unilever, Coca-Cola Brasil said it was launching the new products to cater to consumers looking for alternatives to animal milk that also contained a source of calcium. The new lineup of plant-based milks comprises Almond, Vanilla …
Lakeside Foods, a Wisconin, US-based producer of frozen foods and canned vegetables is set to acquire the Arkensas-based Good Eats Food for an undisclosed sum, according to an article in Food Business News. Promoted as “veggies with a twist”, the Good Eats Food range includes mashed cauliflower, soups and frozen sweetcorn marketed under the brands Ruthie’s Twisted Harvest and Serious Bean Co. Commenting on the deal, Lakeside Foods president and …
Italian pasta and sauce company Barilla has announced plans to spend €1 billion ($1.18 billion) over the next five years in production, innovation and geographic expansion. The company said that 60% of the newly announced investment would be geared towards boosting competitiveness and sustainability by improving processes and technologies, while the remainder would support innovation and international expansion. Among specific projects, Barilla said it intended to invest in its facility …
HelloFresh, a US meal kit provider, has announced its debut in the retail space with the launch of a range of products in Ahold Delhaize supermarkets. Starting from June, HelloFresh meal kits will be made available at more than 500 stores under Ahold Delhaize’s Giant Food and Stop & Shop brands. The company said it then expected to roll out its products to more retailers over the course of the …
Tyson Foods, one of the world’s largest meat firms, has announced the launch of a new brand called Yappah! in a bid to combat food waste. Yappah! Protein Crisps are described as being crafted from “rescued” and “upcycled” vegetable and grain-based ingredients that might otherwise go to waste. The brand is the first created by Tyson Innovation Lab, a specially-selected team responsible for developing innovative products. According to Tyson Fooods, …
Multinational Mexican bakery firm Grupo Bimbo has announced the launch of a new line of high-iron bread products targeted at children, which is being marketed under the Bimbo Iron Kids brand. According to La Republica, the product launch is part of the company’s ‘Let’s Talk About Iron’ campaign, which is described as being focused on improving children’s intake of iron in order to prevent diseases such as iron-deficiency anaemia. The …
Coca-Cola, the global soft drinks giant, has announced plans to bring its milk brand Fairlife to Canada, including the construction of a production facility in the country. Canada will be the first country outside the US where Fairlife milk will be available. Shane Grant, president of Coca-Cola’s Canadian business unit, said: “We’re thrilled to be adding fairlife Ultrafiltered Milk to Coca-Cola’s growing and diverse portfolio of beverages here in Canada. This …
Compagnie des Fromages & RichesMonts (CF&R), a subsidiary of dairy giants Savencia Fromage & Dairy and Sodiaal, has announced plans to shut a cheese plant in Coutances, France with the loss of up to 86 permanent jobs. The firm is one of the leading players in the European soft cheese market, offering products such as brie and camembert under the brands Coeur de Lion and Le Rustique. Le Rustique is described as the …
Danish Crown, the Denmark-based meat processor, has announced the acquisition of Dutch meat firm Bacon Specialist Zandbergen via its subsidiary Tulip. Bacon Specialist Zandbergen offers a range of bacon products, primarily for retailers and the foodservice industry, alongside retail products including bacon cubes and rashers under its own Bacon Specialist Zandbergen brand. Founded in 1984, the firm is based in the Amsterdam suburb of Haarlem, where both its production facilities and …
Nomad Foods, the UK-based frozen food giant, has reached an agreement to acquire the Aunt Bessie’s business from William Jackson & Son in a deal worth €240 million ($281 million). Aunt Bessie’s is a leading manufacturer and distributor of frozen foods in the United Kingdom. Frozen Yorkshire puddings and frozen potatoes together account for most of the brand’s revenues, with the company holding number one and number two market share …
US meat processor Tyson Foods has entered into an agreement to sell its Sara Lee Frozen Bakery and Van’s business to private equity firm Kohlberg & Co as part of its strategy to focus on its protein business. The deal, terms of which were not disclosed, include the Chef Pierre, Bistro Collection and Van’s brand and the license to use Sara Lee in certain markets. The agreement also includes the sale …
Nestle, the Swiss consumer goods giant, has announced plans to reorganise its activities in Sub-Saharan Africa. The move means the FMCG firm will close the headquarters of its Equatorial Africa unit in Nairobi, Kenya by the end of July, reallocating functions to its head offices in Accra, Ghana and Johannesburg. South Africa. The reorganization also includes the expansion of the southern African region to include the Horn of Africa, as well as …
Necco, the US confectionery firm, has been acquired by Sweetheart Candies Co owner Metropoulos & Co for $17.3 million, after the cancellation of a proposed deal with Spangler Candy. Spangler Candy made the winning bid for Necco in a bankruptcy auction, but the deal is said to have collapsed when the former pushed for a change in the $18.3 million purchase price, according to a Fortune report. Commenting on the …
Savencia Fromage & Dairy, a global specialty cheese manufacturer, has announced the acquisition of artisan cheese maker Rogue Creamery for an undisclosed sum. Rogue Creamery is a US-based organic cheese maker that specializes in blue cheese. Savencia Fromage & Dairy announced that Rogue Creamery would retain its current president and would continue to function as a separate public benefit borporation. Commenting on the news, Rogue Creamery president David Gremmels said: …
UK crisp and snack manufacturer Tayto has acquired a range of assets, including trademarks and brand names, from popcorn company Pop Notch for an undisclosed sum. Headquartered in Northern Ireland, Tayto is the third largest snack manufacturer in UK, with six sites in the country. The group’s portfolio includes brands such as Tayto, Golden Wonder, Mr Porky and Jonathan Crisp. Commenting on the deal, Tayto CEO Paul Allen said: “We …
Arla, the Danish dairy firm, has announced plans to close a number of UK operations as part of an efficiency-saving programme. In a bid for “optimised UK cheese production”, the cooperative said it was proposing to cease production at its Llandyrnog creamery in Wales, consequently moving cheddar cheese volumes to creameries in Taw Valley in south-west England and Lockerbie in Scotland. In addition, Arla said it intended to integrate all of its …
Food and drinks giant PepsiCo has announced a definitive agreement to acquire Bare Foods, a producer of baked fruit and vegetable snacks under the Bare Snacks brand. Bare Foods Co was founded in 2001 and is described as a leader in apple, banana and coconut snacks. Its product range, including beetroot, carrot and sweet potato crisps, is sold across the USA and is said to use real, whole-food ingredients, to be …
Nestle, the Swiss consumer goods giant, has expanded its product line-up in the Middle East with the launch of KitKat Moments Desserts. An extension to the firm’s lineup of bitesize chocolate wafers, KitKat Mini Moments Desserts is described as being inspired by desserts from across the world: namely Cherry Brownie, Strawberry Cheesecake, Creme Brulee and Tiramisu, which feature as an assortment of 15 chocolates in a sharing pouch. The new product, …
International confectionery giant Mars is to spend $69 million constructing a new manufacturing facility for its Wrigley’s chewing gum division in Kenya, according to a report in the Daily Nation. Once complete, the new plant will produce 7.8 billion pellets of chewing gum annually, raising Mars’ market share in chewing gum in Kenya to 75%. Aside from Kenya, the plant is also expected to serve other east African markets such …
UK milk, butter and cheese producer Dairy Crest has announced an investment of £85 million ($100.3) million to boost cheese production, in order to meet increasing demand from both domestic and overseas markets. The investment at the Davidstow plant in Cornwall is intended to increase growth in the firm’s cheddar cheese brands Cathedral City and Davidstow, as well as enhance whey production capacity. The expansion plans are to be implemented …
Necco, the US manufacturer of confectionery products such as Necco Wafers, has been sold in a bankruptcy auction to Spangler Candy for $18.83 million. The firm beat off competition from investment firms Gordon Brothers and Round Hill to secure the acquisition. Prior to the auction, Gordon Brothers had been in negotiations to acquire Necco for $13.3 million. The Necco business dates back to 1847 and produces the traditonal sugar confectionery …
The latest innovation insight from Gama Compass MANCHESTER – 24th May 2018: For this month’s Innovation Insight, we take a look at a new launch bringing oats to the sweet spreads category in the guise of on-trend granola: Kween Granola Butter. Described by its makers as “spreadable gold”, Kween Granola Butter is an oat-based product seeking to compete for attention in the sweet spreads space alongside more traditional options such as …
FrieslandCampina, the Dutch dairy giant, has announced that it has made an investment in the Ethiopian dairy firm Holland Dairy, in partnership with Veris Investments, an Amsterdam-based private equity firm. Veris Investments describes itself as an independent firm that “makes equity and mezzanine investments in companies and projects with activities in the food value chain in Sub-Saharan Africa”. FrieslandCampina said the deal would enable it to strenghten its export position in …
German snacks firm Internsack has announced the acquisition of UK crisp business Tyrrells from US confectioner Hershey for an undisclosed sum. The Tyrrells business includes a head office and two manufacturing sites in the UK, along with US manufacturing operations, the Aroma Snacks business in Germany and Yarra Valley Snack Foods in Australia. Hershey acquired Tyrrells as part of its purchase of the Amplify Snack Brands business, announced at the end …
FMCG giant Nestle has announced that it is intending to invest €40 million ($47 million) to upgrade its production capabilities in Portugal, with 80% of the amount to be invested this year. According to Terranova, the investment will be made in the next 18 to 20 months in two plants – one in Avanca in the central region of Portugal, and one in the northern city of Oporto – in …
Nobre, a Portuguese meat products firm, is expanding into the burgeoning meat substitute space with a line of imitation meat products under the Nobre Vegalia brand name. Products in the Nobre Vegalia range are said to be targeted at the “flexitarian community” – typically consumers who are not vegetarian but who are looking to reduce their meat content. Based primarily on egg white, the product lineup is claimed to be …
Avril, a French firm active in sectors such as oil, eggs and animal feed, has announced an alliance with the founding families of the Italian olive oil brand Costa d’Oro. “The partners aim to raise the Costa d’Oro brand to become the global reference in top quality olive oil, combining natural authenticity, innovation and traceability”, Avril announced in a statement. The deal will create the third most important olive oil brand …
MTR Foods, the Indian food manufacturer that is part of the Orkla group, is making an investment in the children’s food maker FirmRoots, according to a report in the Economic Times. The deal is the first to be concluded as part of Orkla’s 50 crore INR ($7.4 million) MTR Seed Fund, established last year to invest mostly in food-tech start ups in India. The amount of the stake and the …
The Indian arm of FMCG giant Nestle is to expand its portfolio in the country by producing and marketing a range of breakfast cereal products. The products set to be introduced come from the range of Cereal Partners Worldwide, Nestle’s global joint venture with US cereal maker General Mills. Nestle said the move, which has been approved by the board of directors of Nestle India, was “in line with the …
US-based private investment firm Highlander Partners has acquired the confectionery portfolio owned by Finnish food and beverage firm Huhtamaki. In relation to the deal, Highlander Partners said it had created a new entity where the asset will be held and that will continue to license to chocolate maker Hershey under the same terms and conditions. The acquisition includes leading brands such as Jolly Rancher, Payday, Zero, Chuckles, Good & Plenty, …
The Serbian arm of consumer goods giant Nestle has announced that it is disposing of its children’s chocolate brand Cipiripi. The firm is selling the product line to Paracinki, a subsidiary of the distribution firm Silbo. Terms of the deal were not disclosed. The Cipiripi brand range includes confectionery bars, chocolate spread and chocolate drink mix. Commenting on the deal, Yana Mikhailova, regional director of South Eastern Europe at Nestle said: …
Snacks and confectionery multinational Mondelez has announced that it is expanding its brand portfolio with the acquisition of US biscuit maker Tate’s Bake Shop. Mondelez, which is acquiring Tate’s Bake Shop for almost $500 million from private equity firm The Riverside Company, will operate Tate’s Bake Shop as a separate standalone business. The company will continue to produce all of its products at its existing manufacturing facility, as well as …
French dairy multinational Danone has announced the closure of one of its manufacturing facilities in the USA by the end of the year, with 147 jobs affected. Danone, which markets products in North America under the Dannon and Activia names, took on the facility in Naugatuck, Connecticut in 2013, as part of its acquisition of the YoCrunch brand. At the time it was acquired, the plant generated annual sales of …
Dr. Oetker, the Germany-based ready meals, desserts and culinary aids firm, is to make a fresh investment in its pizza plant located in London, ON, Canada, according to a report in Global News. The upgrade is set to include a new production line featuring dough mixing together with baking, topping, freezing, and packaging operations, and is expected to lead to capacity at the plant almost doubling from 10,000 to 18,000 …
Mitsubishi, the Japanese conglomerate which is active in the FMCG space through its Living Essential Consumer Products division, is to take a minority stake in the UAE frozen foods firm Al Islami Foods. The size of the stake was not disclosed. Al Islami, a subsidiary of the Dubai Cooperative Society, said that the decision to partner with Mitsubishi was the result of a study it had conducted into strategic NPD options, …
Australia-based food producer Patties Foods is launching a range of pies in partnership with winemaker Andrew Peace Wines under the Herbert Adams name. The new range is described as being made using wines from the Andrew Peace Wines range, which are produced in the Swan Hill region of Victoria. Labelled Herbert Adams Gourmet Wine Infusions, the line is available in the varieties Slow-Cooked Beef with Caramelised Onion & Cabernet Sauvignon, …
Insight by Gama Compass MANCHESTER – 11th April 2018: The proportion of consumers following vegan diets is on an upward curve, and this is being increasingly reflected in product launch activity in the FMCG arena, according to the latest figures from Gama Compass. Data from for the first few months of 2018 shows that as many as 9% of new consumer goods launches are now promoting a ‘vegan’ claim, up from …
Bell Group, a Swiss firm predominantly active in the meat space, has announced an expansion of its activities in fresh packed fruit and vegetables with the acquisition of local firm Sylvain & Co for an undisclosed sum. Headquartered in the canton of Vaud in western Switzerland, Sylvain & Co produces a range of bagged salad leaves as well as ready-to-eat salads and fruit under its namesake brand. With annual revenues of …
Even, a French food cooperative, is set to invest €80 million ($98 million) in its dairy and baby milk plants over the course of 2018, according to a report in Usine Nouveille The multi-million euro investment is to be divided among the firm’s various milk, cheese and infant formula factories, predominantly located in the region of Brittany. The company, which is based in Ploudaniel in the Finistere department, collects and …
Bubbies Homemade Ice Cream & Desserts, a Hawaiian firm best known for mochi ice cream, has announced the opening of a new “state-of-the-art” manufacturing plant in Phoenix, AZ. According to a company statement, the plant is the manufacturer’s first on the US mainland, adding to an existing facility at Aiea in Hawaii. The move will increase production capacity and respond to success the company has enjoyed both in the US and overseas, the firm …
This April, crowds once again descended on the NEC for the latest edition of the Food & Drink Expo, the UK’s premier event for the national food & drinks sector held biennially in Birmingham. Expecting to receive around 30,000 delegates across the three days of the event, the Food & Drink Expo saw some 1,500 exhibitors set up shop to showcase a broad swathe of product offerings, representing the diversity of …
Parag Milk Foods, a dairy firm based in Maharashtra, India, is to acquire a manufacturing plant formerly owned by French dairy giant Danone with an investment of 30 crore INR ($4.5 million). The plant, located in Rai near Delhi, became available following Danone’s decision to exit the dairy sector in India and refocus its business in the country on infant nutrition, a move announced at the start of the year. “In …
Grupo Apex, a Spanish producer of crisps and savoury snacks, is acquiring Valencia-based crisp maker and Aitana brand owner Papes Safor, according to a report in Sweet Press. “Papes Safor is a family company founded in 1992 that specialises in the manufacture of high quality crisps and snacks”, Grupo Apex said in a statement. “It shares with Grupo Apex an emphasis on careful selection of raw materials for use in …
Canadian speciality foods firm Premium Brands has announced that it has entered into an agreement to acquire Oberto, a US maker of meat snacks. Family-owned Oberto is a manufacturer of beef jerky and other protein-based snack foods located in Seattle, WA. The company owns brands such as Oberto, Pacific Gold and Cattleman’s Cut. IN addition to the Oberto acquisition, Premium Brands said it had further increased its investment in Vancouver-based …
Consumer goods giant Mondelez has expanded its portfolio in the confectionery space with the launch of Milka Bis! wafers in Argentina. The new product is described as a set of crunchy wafers that are coated with Milka chocolate. The size is said to be ideal to enjoy the combination of wafer and chocolate “anytime, anywhere”. The launch comes two years after the company entered the coated wafers segment with the …
Perdue Farms, a leading US manufacturer of poultry products, has announced that it is investing $42 million to increase production capacity at its facility in Houston County, GA. The firm, which markets a range of retail products under brands such as Perdue, Simply Smart and Harvestland, said the investment would be used to install a third cooking line to occupy 30,000 sq ft and create 125 new jobs. Commenting on …
FMCG giant Nestle has announced an investment of around €40 million ($49 million) to expand and modernize its confectionery production plant in Hamburg, according to a report in Lebensmittelpraxis. The facility, which manufactures products for the firm’s Kit-Kat, Smarties, After Eight and Choco Crossies brands, is Nestle’s largest factory for confectionery products in Europe with daily capacity of 1 million units, two thirds of which is exported. The investment comes …
Insight by Gama Compass MANCHESTER – 11th April 2018: The percentage of food and drinks launches making ‘free from’ claims such as ‘no gluten’ and ‘no dairy’ declined slightly in 2017, the latest research from Gama has discovered. Gama found that, as a whole, the proportion of new food and drink products making ‘no gluten’ claims declined from 17.5% in 2016 to 15.6% in 2017, while ‘no lactose’ claims declined from 4.9% …
Land O’Frost, the US sausage and deli meats firm, has announced the acquisition of fellow meat products manufacturer Wellshire Farms for an undisclosed sum. The Indiana-based firm said the deal “provides entry to [the] natural/organic market and supports Land O’Frost’s ongoing growth plans”. Wellshire Farms is described as a leading player in the natural & organic meat space, with distribution in specialty grocery retailers such as Whole Foods Market, Trader Joe’s and …
Food and drinks giant PepsiCo is expanding its Doritos snack brand with the launch of a new line of crackers, exclusive to the Australian market. Available in the varieties Cheese Supreme, Mexicana, Texan BBQ and Sweet Chilli & Sour Cream, the new product range consists of oven baked “bite-sized” crackers that are designed to provide an “intense flavour hit”, according to the company. Doritos Crackers will be available across Australia …
Nestle, the consumer goods giant, has announced plans to upgrade a manufacturing facility in the city of Kharkiv, Ukraine through a 700 million UAH ($26.2 million) investment. The reconstruction and modernisation programme, which is scheduled to be completed by 2021, is being undertaken at a site which produces foods such as mashed potato and noodles for the Nestle Milvina brand. The project is to be implemented in two stages and will …
Fleury Michon, a meat products and ready meal manufacturer, is to purchase Paso Traiteur, a deli foods firm based in Olonne-sur-Mer, France, for an undisclosed sum. Employing 140 staff and operating two facilities, Paso Traiteur is a leader in chilled appetizers, primarily producing a variety of filled bread called prefou that is a speciality of the Vendee region. The firm also manufactures bread-based dumplings and mini burger appetizers. The acquisition is …
Gama spoke to Michael Wunsch, Managing Director, Barakat. To what extent is the demand for “pure”, “raw”, “fresh” and “unprocessed” ingredients impacting the juices category in the UAE? “Barakat has witnessed a significant increase in volumes in retail for fresh juice consumption over the past years. Consumers are more aware of the importance of consuming healthy drinks. The UAE is exposed to stricter food regulations and consumers are made aware …
Lotte subsidiary Lotte Confectionery is to partner with food & drinks multinational PepsiCo to launch Quaker branded oat cereals in South Korea, according to a report in the Korea Times. Initially, the tie-up will see Original, Creamy Milk, Banana & Almond and Classic Oat varieties of Quaker oatmeal introduced through supermarkets, convenience stores and online stores from the beginning of April. The Korea Times reports that the breakfast cereal market …
Young’s Seafood, a UK based producer of fish and fish-based ready meals, has announced that it plans to close its Pinney’s processing and manufacturing facility in Annan, Scotland, following a review of its operations. Describing production at the site as “no longer financially sustainable”, the seafood firm said it intended to move remaining natural salmon production to an existing facility in Grimsby, while recruiting up to 50 roles at a separate scampi factory in …
European dairy co-operative Arla has announced its intention to sell cheese plant in Sonthofen, Germany to the dairy company Allgauer Hof-Milch. Arla said the decision was taken as the speciality cheese produced in Sonthofen no longer followed the strategic plan of its businesses in Germany and Europe. “All of our production sites in Germany are focused on supplying both the German market and our export markets, playing a crucial role …
FMCG giant Nestle has announced that is launching its first chocolate bar based on new “structured sugar” technology. Called Milkybar Wowsomes, the new product is claimed to be “the first chocolate bar in the world to use Nestlé’s innovative sugar reduction technique”. The technology is said to consists of creating aerated, porous particles of sugar that dissolve more quickly in the mouth, allowing consumers to perceive the same level of …
Hoogvliet, the Dutch supermarket chain, has announced an expansion of its private label product range with the launch of a premium assortment under the name Buitengewoon (‘Out Of The Ordinary’). The retailer, which operates a network of 68 stores in western and central Netherlands, said the new range would initially consist of 75 products and would target “special occasions, holidays and festivities and indulgent moments such as Sunday breakfast”. Products available …
Global food company Flagship Food has announced the acquisition of the Select New Mexico brand from Es Mi Tiempo, for an undisclosed sum. Select New Mexico is a brand of green chilli food products that are sold in all US states as well as in the UK. Flagship Food said that it has no plans to change the product offerings or any relationships with suppliers or vendors. In addition, the …
French dairy multinational Danone has agreed to sell its joint venture Al Safi Danone to Saudi Arabia’s National Agricultural Development Company (NADEC) for an undisclosed sum, according to media reports. Al Safi Danone produces dairy and juice products for the Saudi Arabian market and was formed by Danone and Al Faisaliah Group Holding in 2000, with Danone holding the majority share in the business. Under the terms of the deal, …
Doux, the troubled French poultry processor, has filed for liquidation in the face of mounting losses. Reuters reports that Terrena, which acquired a majority stake in Doux two years ago, has been hit by cheaper imports from Brazil, particularly in its key exports in the Middle East. According to an article in Ouest-France, the business has been losing in the order of €3 million ($3.7 million) per month. Doux, which owns …
Buderim, an Australian producer of ginger products, has announced that it is acquiring the Hawaii, US based macadamia producer Royal Hawaiian Orchards and merging it with rival grower MacFarms to create the largest macadamia business in the continental USA. Royal Hawaiian Orchards and Buderim are respectively Hawaii’s largest and second largest macadamia nut orchard owners and together account for more than 65% of macadamia production in the US, according to Buderim. …
Consumer goods giant Unilever has announced it is to invest $120 in Pakistan over two years as it seeks to unlock “the country’s high potential for long-term growth”. The Anglo-Dutch giant said the majority of the investment would be used to enhance manufacturing operations across Unilever’s four factories in Pakistan. “We have been a part of Pakistan’s growth for nearly 70 years, during which time we have seen our business grow …
Premium Brands, a Canadian producer, marketer and distributor of branded food products, has announced the purchase of four businesses – Concord Premium Meats, The Meat Factory, Country Prime Meats and Frandon Seafood – as it expands its brand portfolio. The Meat Factory is an Ontario-based manufacturer of branded cooked protein products which owns Lou’s Barbeque, described as the number one brand in Canada in the fully cooked meals category. Country …
Global Food Industries, the manufacturing arm of Albatha Consumer Group, has announced the launch of what is described as the “Middle East region’s first-ever healthy chicken burgers and nuggets”. The products fall under the brand The Healthy Farm and come as Chicken Quinoa & Kale Burgers and Super Chicken Quinoa & Kale Nuggets. They are said to contain a blend of boneless halal chicken breast, red quinoa, kale, and seven …
Multinational US based retail chain 7-Eleven has announced the launch a new line of bakery products for Hispanic consumers under the private label brand 7-Select. According to a company press release, the line is being rolled out after being test marketed for a number of months in Texas and Mexico. The line is comprised of three products: Mini Pound Cake (‘Panquecitos’), Cinnamon Rolls with Raisins (‘Roles de Canela con Pasas’) …
Ajinmoto, the leading Japanese food producer, is to acquire the Circle Foods business from US meat company Tyson Foods, Just Food reports. “Tyson Foods has entered an agreement with Ajinomoto Windsor to sell our Circle Foods operations. We anticipate this transaction to be completed this spring, and are working with Ajinomoto Windsor on a transition plan for operations”, the company is quoted as saying. “Our primary focus will be to …
The latest innovation insight from Gama Compass MANCHESTER – 16th March 2018: This month’s Innovation Insight looks at the changing fortunes of the traditional white potato, as ‘healthier’ vegetable alternatives put down roots within the frozen chips category. Under the microscope is a product that introduces new vegetable options to the frozen ‘potato’ aisle: Aunt Bessie’s Rosemary & Sea Salt Swede Chips. Promoted as being “perfect when you fancy a change from …
Hershey, the US chocolate firm, has broken ground on a $60 million project to expand a manufacturing facility in Hazle Township, PA, USA, according to a report in the Times Leader. The investment, which is set to add 111 new jobs at the site, will see the installation of a new Kit Kat production line at the factory, which currently produces Kit Kat, Cadbury and Caramello products. The expansion is …
French firm Bonduelle, a producer of canned and processed vegetables, has announced the launch of VeggissiMmm!, a range of fresh and frozen meat substitutes that are designed to turn vegetable ingredients into the centrepiece of a meal. Set for release in April, Bonduelle VeggissiMmm! will offer products including falafel with chickpeas carrot, courgettes and dates, as well as meat substitutes such as vegetarian burgers and dumplings. Commenting on the launch, …
Snacks and confectionery multinational Mondelez has announced plans to close two factories in Sao Paulo, Brazil. According to InfoMoney, the decision to cease operations at the two factories – one in Buaru and the other in Piracicaba – was taken in order to optimise the company’s production network and guarantee sustainable growth. The company will transfer production from the two site to its facilities in Curitiba and Pernambuco, which are …
Gama spoke to Josep Antoni Valls, Managing Director, Alimentaria, ahead of the event’s 2018 edition. What are your expectations for this edition of Alimentaria? This year the joint event of Alimentaria with Hostelco, the International Exhibition of Equipment for Restaurants, Hotels and Mass Catering, will create one of the largest international platforms for the food, gastronomy and hospitality industries. The synergies generated by this new alliance will be evident in …
Italian-based gluten free company Dr Schar has announced the acquisition of Beladri, a Brazilian firm that has been producing gluten free products exclusively for 11 years. According to Giro News, Dr Schar has been studying ways to expand its portfolio in the Brazilian market and Beladri was seen as an opportunity to achieve that goal. Fernando Menezes, managing director at Dr Schar Brazil said: “Beladri has a product line that …
US food manufacturers Conagra Brands and JM Smucker have annnounced that they are to call off the the latter’s acquisition of the Wesson cooking oil brand, following objections raised by the Federal Trade Commission. In a statement, Conagra Brands said: “While we are disappointed by and disagree with the Commission’s decision, we have determined that it is in the best interest of our shareholders, customers and employees to terminate the …
The Canadian arm of consumer goods giant Nestle has announced an investment of C$51.5 million ($398 million) to increase production capabilities at its ice cream factory on Wilton Grove Road in London, ON. The factory, which produces ice cream for brands such as Haagen-Dazs, Parlour and Drumstick, will increase its current footprint by 836 sq m to create capacity for future growth. In a statement, Nestle Canada said that the …
Potato and frozen food specialist McCain, via its Brazilian subsidiary, is taking a 49% stake in Forno De Minas, a manufacturer of traditional Brazilian pao de queijo (‘cheese bread’), according to a report in Foodbev. Founded in 1990, Forno De Minas manufactures a range of frozen and fresh products including waffles, filled pasta and puff pastry, in addition to its flagship pao de queijo product line, a category in which …
Snacks and confectionery multinational Mondelez has announced the extension of its Maynard Bassetts Wine Gums range with a new Mocktails variant. The new jelly sweets will contain three non-alcoholic flavours – Strawberry Daiquiri, Pina Colada and Cuba Libre – and will be targeted at younger adults with an emphasis on the “night in” occasion. Commenting on the launch, Marta Sanso, Joyful Candy senior brand manager at Mondelez, said: “This new …
Fonterra Ventures, the investment arm of the New Zealand dairy giant, has announced that it is bolstering its presence in the nutrition space through an investment in Goodminton, the German holding company behind the Foodspring start-up. Described as Fonterra Ventures’ “first strategic partnership”, the deal will enable Fonterra to tap into active nutrition, a segment which it described as rapidly expanding. Commenting on the deal, Judith Swales, Fonterra chief operating offficer, Velocity …
Piccolo, a UK company specialized in baby food, has announced the launch of a stage-three ready meals line that features Mediterranean flavours. Launched on the back of the firm’s stage-one and stage-two pouches, Piccolo Baby Meals come in a split pot package that combines textured grains, vegetables and sauce such that the vegetables are claimed to retain their nutrients and the grains their texture. Commenting on the launch, Piccolo founder …
Toms, the Danish confectionery group, is said to be preparing to relocate production of Hachez chocolate from its traditional base in Bremen, Germany to an unspecified new location in Poland. According to a report in the Weser Kurier, the 250 employees at the firm’s factory in the city were informed of the decision at the end of February. Toms is said to be looking to set up production at its …
US packaged foods firm Kraft Heinz is looking to expand its breakfast portfolio with the launch of Ore-Ida Just Crack An Egg, a product that is claimed to provide hot scrambled egg in less than two minutes. Designed “to help reignite Americans’ love for breakfast”, Ore-Ida Just Crack An Egg is advertised as “the perfect breakfast option for Americans with on-the-go lifestyles” through its “combination of convenience, freshness and great …
USA cereal maker Post has announced plans to close a manufacturing facility in Clinton, MA by August 2019. According to Food Business News, the facility was obtained as a result of Post’s $1.8 billion acquisition of Weetabix in 2017 . Post said the planned closure ”reflects Post’s continuous improvement initiative to optimize its cereal production network and manage costs in the ready-to-eat cereal category”. Robert Vitale, Post president and CEO, …
Warm sunshine and clear blue skies greeted guests arriving for the 2018 outing of Gulfood, the largest trade event in the Middle East for the fast-moving consumer goods sector. Now into its 23rd edition, Gulfood welcomed almost 100,000 visitors to the showgrounds of the Dubai World Trade Centre, with 1 million square feet of floorspace dedicated to the showcasing of the latest trends and product ideas from across the food …
Western Australian meat company D’Orsogna has announced that it has begun construction on a A$66 million ($51.9 million) food manufacturing facility in the city of Melbourne, Victoria. The firm said the new plant, which will employ 240 people, would establish the firm as a national market leader in the smallgoods and meat protein food sector. Headquartered in Perth, D’Orsogna markets a range of cured and cooked whole and sliced hams, …
Dr. Oetker, the German food firm, and Bavarian dairy company Molkerei Gropper have announced they are to join forces to invest in the manufacture of new refrigerated product lines. The 50:50 joint venture will see Dr. Oetker contribute its chilled products plant in Moers to the new company, while Molkerei Gropper is to effect a capital increase in the same amount to be used to invest in buildings, infrastructure and new production facilities. Production will …
Mexican brewer Grupo Modelo, owned by global beermaker AB InBev, is entering the food space with the launch of a bottled hot sauce, according to a report in Periodico Central. The firm’s Chingona Sauce is being launched under the name Victoria – a local beer brand – in a venture that reportedly represents 30% of Cerveza Victoria’s annual budget. According to Periodico Central, the new product is made with 100% …
Leading Italian supermarket Coop has launched D’Osa, a new private-label line entirely dedicated to home cooking, as part of its 70th anniversary celebrations. The new range is advertised as being made with 100% raw and organic Italian ingredients, with low salt content and no artificial sweeteners, colours or thickeners. Comprising 37 items in total, ranging from baking mixes to desserts, sweet and savoury pastries, flour and other baking aids, D’Osa is …
The Brazilian arm of consumer goods giant Nestle has announced that it is set to expand its cereal offering with the launch of two organic cereal products in March. Noting “the promising potential of the organics market” in Brazil, Nestle said it was planning to launch its organic oats in the varieties Flocos De Aveia (Large Rolled Oats) and Farelo (Oat Bran). Both products are promoted as being high in fibre, …
Bonduelle, the leading global vegetable firm, has announced an agreement to acquire the Del Monte processed fruit and vegetable business in Canada for a total value of C$43 million ($34 million). The deal with Conagra includes the right to use the Del Monte brand in different segments of processed fruits and vegetables but excludes all industrial and personnel assets. In a statement, Bonduelle said the acquisition “will complement Bonduelle Americas …
Tcho, a chocolate maker based in California, USA, has announced that it is to be acquired by the Japanese food giant Ezaki Glico. Previously owned by investment fund Emil Capital Partners, Tcho describes itself as a “premium” chocolatier “known for its bold packaging designs, innovative supply chain, and playful flavors”. It also claims to be a pioneer in sustainable and ethical sourcing, partnering directly with farmers, cooperatives, and cocoa scientists from …
San Miguel Pure Foods, the Philippine food manufacturer, has announced plans to open a new facility for ready-to-eat products in Santa Rosa, Laguna, by the first quarter of 2019. One of the leading food companies in the Philippines, San Miguel markets brands including Magnolia, Purefoods, Tender Juicy, B-MEG, Monterey, Dari Creme and La Pacita. In a statement, the company confirmed that the new facility would produce fully cooked viands and …
Gama spoke to Tammy Butterworth, Global R&D Grains Formulation Manager, PepsiCo. How is the role of breakfast changing in consumers’ lives, and what do FMCG companies need to do to adapt to this change? “Breakfast maintains an important role in people’s lives – what is changing is the time it can be given. When asked, people instinctively know that breakfast sets them up for the day (and the statistics bear this …
Private label manufacturer TreeHouse Foods has announced a further reduction in its production capacity with the closure of a snacks factory in Visalia, CA, USA. The announcement follows the recent decision by the firm to close its breakfast cereal plant in Battle Creek, MI. The Visalia plant closure, which TreeHouse Foods said was “consistent with the August 2017 announcement of TreeHouse 2020, the Company’s restructuring program”, will affect 294 employees. Production of pretzels …
Bio-tiful Dairy, a company specializing in organic kefir milk drinks and snack, has announced the launch of a new product made from a blend of kefir and quark. Bio-tiful Dairy Kefir Quark is advertised as a unique combination of bio-live kefir and high-protein quark that is also a source of calcium, vitamins B2 and B12 and other minerals. The new launch is described as containing over 18g of protein and …
French dairy multinational Danone has expanded its Light & Free range of yoghurts in the UK with launch of two new skyr products, available in portion pots and promoted as low in sugar. The Icelandic-style range comes in Blueberry Blast and Raspberry Razzle varieties, both available in single-serve 150g tubs. The yoghurts are described as featuring real fruit, no added sugar, 81 calories and 0% fat, while still containing 14g of …
FMCG giant Nestle has announced that it has acquired the Latin America firm Terrafertil, a company selling natural, organic, plant-based foods and snacks, for an undisclosed sum. Founded in Ecuador in 2005, Terrafertil markets a range of plant-based foods, including fruit and nut snacks, non-dairy milks, grains, nut butters and juices under its flagship Nature’s Heart brand. The firm is the world’s largest buyer of goldenberries (also called cape gooseberry …
SHS Group, a firm representing leading FMCG brands in Ireland and UK, has settled a deal to purchase 3V Group, the owner of Meridian Foods and soft drink producer Rocks, for an undisclosed amount. Meridian Foods is one of the UK’s leading nut butter producers, manufacturing products such as almond butter, cashew butter and sunflower seed butter. The company also provides fruit spreads and nut-based snack bars. Rocks, meanwhile, is …
Unilever, the FMCG multinational, has announced that it has received a undisclosed offer from Dr. Oetker, the German pizza, desserts and culinary aids firm, to acquire its Alsa baking and dessert business. Alsa, which was acquired by Unilever in 2010, manufactures over 50 baking products for the French market including pastry aids, recipe mixes and jams for cake fillings. Commenting on the announcement, Didier Muller, general manager Dr. Oetker France, said: …
Ice cream maker Ben & Jerry’s, a subsidiary of FMCG multinational Unilever, has announced the launch of Moo-phoria, a range of ice cream that is described as low in both calories and fat. Advertised as ‘ice cream without compromise’, the Moo-phoria line is available in the USA in the varieties Chocolate Milk & Cookies, Caramel Cookie Fix and PB Dough, while in the UK the brand is being launched in the …
Finnish dairy firm Valio has announced that it is re-entering the ice cream market after a gap of 10 years with a new line of lactose-free products. Produced at Valio’s Oulu dairy in northern Finland, and available in stores from this March, the line is promoted as a new alternative within the super premium ice cream segment and comes in six flavour combinations: crazy caramel with a hint of salt, …
TreeHouse Foods, a maker of private label food and beverages, has announced plans to close the remaining operations at its facility in Battle Creek, MI, USA. TreeHouse Foods first announced plans to downsize the Battle Creek facility in November 2016. Now, after a first phase of downsizing, the company said it had concluded that it would not be economically viable to maintain operations in the facility and has thus announced …
Global dairy company Arla has announced a licensing agreement with UK firm Yeo Valley Dairies, a subsidiary of the Yeo Valley Group, which will give Arla the right to use the Yeo Valley brand for milk, butter, spreads and cheese products. Yeo Valley is the UK’s largest organic brand and the largest family-owned dairy business, with a range of products that includes yoghurt, milk, butter, cream, ice cream and compote. …
Global fruit and vegetable firm Fresh Del Monte has announced a definitive agreement to acquire Mann Packing, a leading marketer of fresh and value-added vegetable products in North America, for approximately $361 million in cash. Established in 1939 and based in Salinas, CA, Mann Packing is a leading grower, processor and supplier of fresh vegetables, including washed and ready to eat fresh-cut vegetables, snack packs and party trays, and washed …
The Australian arm of FMCG giant Nestle is launching an extension to its KitKat chocolate wafer range called KitKat 2 Ways, according to a report in Australian Food News. KitKat 2 Ways features two flavours, split half and half in the same ‘finger’: Mint 2 Ways combines “intense crisp mint” and “creamy smooth mint”, while Caramel Pretzel 2 Ways combines sweet caramel and salt caramel, both topped with a pretzel …
Stryve Foods, a meat snacks start up, has announced that it has acquired the assets of Biltong USA, a manufacturer of African-style meat snacks. Described as one of the first USDA approved biltong manufacturers in the USA, Biltong USA produces sliced beef biltong, droewors and other related products in a range of 16 flavours. Stryve Foods said that the acquisition was a significant move for it to become the number one name in …
Orkla, the Scandinavian food giant, has announced the acquisition of bakery firm Struer Brod via its wholly-owned subsidiary Orkla Foods Sverige. Struer Brod was established in 1929 and predominantly manufactures bakery products such as breadcrumbs, as well as breakfast cereals, for both retail and foodservice channels. The firm has also supplied Orkla since 2012. In 2016, Struer Brod had a turnover of 114 million DKK ($19 million), about half of …
Hostess Brands, the US bakery manufacturer owned by Gores Holdings, has announced that it has acquired a number of assets from rival Aryzta as it looks to strengthen its hand in the breakfast foods space. The deal includes one of Aryzta’s Chicago Cloverhill bakery facilities (the largest individually-wrapped Danish pastry facility in North America), the Big Texas and Cloverhill brands and also supply partnerships with several key retailers of Hostess …
Multinational consumer goods firm Unilever has signed an agreement to acquire Romanian ice-cream producer Betty Ice for an undisclosed amount. Founded in 1994 by entrepreneur Vasile Armenean and with a total turnover of €30 million ($37 million), Betty Ice operates a manufacturing facility in Suceava as well as more than 180 ice-cream kiosks, employing 760 workers in Romania. Betty Ice sells ice cream positioned as standard, premium and super-premium with …
Dr. Oetker, the leading manufacturer of frozen pizza, desserts and baking mixes, has announced plans to close its pizza manufacturing facility in Grand Falls, Canada by the end of May. In a statement, the company said: “The retail food climate in which Dr. Oetker operates has become increasingly challenging in recent years both in terms of price and cost, adding significant additional pressures in the manufacturing environment”. 70% of Grand …
M Dias Branco, the market leader in biscuits and pasta in Brazil, has announced that it has agreed a deal to acquire its rival Piraque in a deal worth R$1.5 billion ($475 million). The company, which owns brands such as Adria, Richester and Vitarella, said that “the translation reflects M Dias Branco’s commercial strategy of accelerating growth in the South and Southeast regions, as well as expanding its portfolio with …
Fairfields Farm, a snack firm based in Colchester, UK has acquired its Manchester-based peer Ten Acre for an undisclosed sum. Ten Acre produces a range of handcooked crisps and has more recently branched out into popcorn, which it markets in flavours such as wasabi, fennel and lemon, cappuccino, and strawberries & cream. Foodbev reports that the acquisition was motivated in particular by Ten Acre’s export activities, with the firm currently selling …
Multinational dairy firm Arla has announced plans to close a fermented milk factory in Braband, Denmark, in a rejig of its production operations. In a statement, Arla said that “an increasing demand for yogurt products from European consumers and a lack of expansion options” at the Braband site meant that production would need to be shifted elsewhere. The factory is set to close by mid 2019. Commenting on the move, …
US food manufacturer Campbell Soup has announced the closure of it manufacturing facility in Toronto, Canada as part of a “previously-announced cost savings initiative”. According to a company press release, the decision was taken to improve the operational efficiency of Campbell Soup’s North American thermal supply chain network and eliminate overcapacity in response to declining volume sales in canned soup. Campbell Soup said it would now move its headquarters and commercial …
Cereal and snacks giant Kellogg has announced an investment of R$215 million ($68 million) to expand a factory belonging to subsidiary Parati, located in Sao Lourenco do Oeste, Brazil. Kellogg acquired Parati in 2016 for R$1.38 billion ($429 million), the company’s largest acquisition in Latin America to date. Parati operates two facilities in Santa Catarina and has a brand portfolio that includes Parati, Padua, Minueto, Zoo Cartoon and Hot Cracker. …
Germany confectionery company Katjes Fassin has announced that it has acquired an unspecified stake in the UK sweets firm Candy Kittens. Founded in 2012 and promoted as “a fashionable confectionery brand that is truly young at heart”, Candy Kittens markets a range of “gourmet sweets” in flavours such as pineapple, watermelon and blueberry. The products are described as being free from gluten, artificial colours and artificial flavours. “Katjes is a …
Evolve Brands, a recently established health-focused snack holding company, has announced that it is has agreed to acquire the snack brands Gorilly Goods and Supernola, with the aim of consolidating the two businesses under one umbrella. Founded in 2012, Gorilly Good produces organic, raw and on-the-go snacks that come in both savoury and sweet flavours, made with non-GMO ingredients such as seeds, fruit, nuts and greens. Supernola, meanwhile, produces four …
The Nature’s Bounty Co, a manufacturer of nutrition products, has announced that it has acquired snack bar brand The Best Bar Ever. Terms of the deal were not disclosed. According to The Nature’s Bounty Co, The Best Bar Ever offer “real ingredients – no fillers or sugar alcohols, and are designed to contain an ideal blend of quality fats, carbs, and proteins in balanced ratios”. They are available in the health and fitness …
The latest innovation insight from Gama Compass MANCHESTER – 22nd January 2018: The latest effort by FMCG firms to get on board with consumers’ changing breakfast habits is the subject of this month’s Innovation Insight. Under the microscope is a launch that melds fuel-rich rice with the convenience of pouch packaging for a new kind of breakfast experience – Forbidden Brekky Rice. Promoted as “an easy way to kick off the day”, …
Darell Lea, an Australian confectionery firm, has been acquired by the investment fund Quadrant Private Equity for A$200 million ($160 million), according to a Foodbev report. The sweetmaker, whose fortunes have been revived since being placed in voluntary administration in 2012, is the manufacturer of products such as Rocklea Road, Soft Eating Liquorice and Little Brittle. The firm operates two production sites and has more than 200 employees. Commenting on the …
Spanish food firm Ebro Foods has announced its latest acquisition: the purchase of a 70% stake in filled pasta firm Bertagni 1882. The binding agreement has been reached through Ebro Foods’ 100% subsidiary Panzani and 52% subsidiary Pastificio Lucio Garofalo, the firm said in a statement. Founded in Bologna, Bertagni 1882 is described as the oldest brand of filled pasta in Italy. It operates production plants in Vicenza and Avio and has …
Swiss multinational Nestle has announced the launch of a new KitKat variety coated with cocoa processor Barry Callebaut’s “ruby” chocolate. The new variety, called Sublime Ruby, will go on sale as part of the KitKat Chocolatory series, which is available in Japan in boutique stores of the same name. In a statement, Nestle said that “the launch of breakthrough innovation like KitKat Chocolatory Sublime Ruby underlines Nestlé’s commitment to growing its leading …
Nomad Foods, the UK-based frozen food giant, has announced that it is set to acquire its Irish peer Green Isle, a subsidiary of Boparan Holdings and owner of the Goodfella’s pizza brand. Green Isle manufactures and distributes a portfolio of branded and private label frozen pizzas in the UK and Ireland. The Goodfella’s brand, which accounts for the majority of the firm’s revenues, was founded in 1993 and holds number one and number two market share …
FMCG multinational Nestle has announced that it has reached an agreement to sell its US confectionery unit to the Italian firm Ferrero for $2.8 billion. The Swiss giant first announced it was conducting a “strategic review” of its confectionery operations in the second quarter of 2017. Since then, the firm has been seeking to refocus its M&A activity on the health & wellness space, as well as high-growth segments such as …
Aldi Sud and Aldi Nord, the two divisions of the discount retailer Aldi in Germany, have joined forces to launch a new private label brand of high-welfare fresh poultry called Fair & Gut (‘Fair & Good’). The Fair & Gut brand is said to bring together a disparate range of welfare standards under a single umbrella. The range, which is described as being somewhere between traditional farming methods and organic …
French dairy multinational Danone has announced its intention to close its dairy unit in India in order to focus on its infant nutrition portfolio. As a consequence of the decision, the firm’s facility in Rai, near Delhi, which produces milk, smoothies, buttermilk and yogurt will ceases production, while its factory in Lalru , Punjab that produces infant nutrition products will continue to operate as usual. FoodBev reports that infant nutrition …
Insight by Gama Compass MANCHESTER – 15th January 2018: Strengthening consumer demand for convenience and nutrition, together with a growing aversion to conventional cereal grains, is leading to an increased role for vegetable ingredients in the bakery and pasta categories, according to the latest insights from Gama Compass. Changing consumer attitudes are driving growth in vegetable ingredients in traditionally ‘staple’ cereal-based categories, including dried and fresh pasta, bread, crackers and cakes, …
The Australian arm of consumer goods giant Nestle has announced it has reached an agreement to sell its confectionery bar brand Violet Crumble to the Adelaide-based company Robern Menz for an undisclosed sum. As part of the deal, Robern Menz will acquire the plant, equipment and intellectual property associated with Violet Crumble. Manufacture is set to transfer to the Robern Menz factory in Adelaide, South Australia in the coming months. …
UK retailer Tesco has announced the launch of a new range of plant-based meals under the name Wicked Kitchen. The supermarket said it had partnered with chef Derek Sarno to develop a line aligned to growing demand for vegetarian and vegan food, by celebrating “everything that’s ‘wicked’ and tasty about plants”. Tesco said that the proportion of UK consumers following a plant-based diet had grown and was set to increase …
Gama spoke to Mark Napier, Show Director, Gulfood, ahead of the event’s 2018 edition. What should manufacturers do to be successful in the current economic climate? In a word, innovate. The global food and beverage industry is one of the most competitive sectors in the global economy, so staying still is the equivalent of going backwards. Whether you are a fledgling start-up in the Middle East, or a major international manufacturer …
Burts Chips, the UK-based crisp manufacturer, is branching out into popcorn with the acquisition of Savoury & Sweet, owner of the Lord Poppington’s and Popcorn & Me brands. The deal, said to be worth in excess of £10 million, will see an investment of around £5 million in Savoury & Sweet’s factory in Leicester, including a new popcorn production line, the Leicester Mercury reports. Savoury & Sweet, which manufactures popcorn …
Kobber, a Brazilian manufacturer of bakery and snack products, is launching a line of snack bars based on tapioca, according to a report in Giro News. The new products are described as featuring an exclusive recipe that incorporates tapioca flakes. They are promoted as being gluten free and low in sodium, and are as flagged as containing only 62 to 65 calories per 16g bar, depending on the variety. Kobber Tapioca Bars are …
Unilever, the Anglo-Dutch consumer goods giant, has confirmed that it is to close its factory in Norwich, in a shakeup of its UK manufacturing operations. The closure of the factory was first mooted when soft drinks firm Britvic announced that it would be axing its own factory on the same site. At the time, Unilever said that the move would have “serious implications” for its own operations there, due to the …
French dairy giant Lactalis has announced an expansion into the growing ‘skyr’ segment with the acquisition of Siggi’s, a US-based manufacturer of Icelandic-style yoghurt. Terms of the deal were not disclosed. Founded in 2005, Siggi’s offers Scandinavian-style skyr yogurts that are made with “simple ingredients, not a lot of sugar”. According to the company website, Siggi’s yogurts are free from artificial sweeteners and use only hormone-free milk from family farms. The firm …
John Soules Foods, a manufacturer of processed meat products, has announced that it is to expand its production capability with the opening of its third manufacturing plant, based in Valley, AL, USA. The 266,000 sq ft facility will be built over three phases, the company said in a statement. In total 510 employees are expected to join the business and a total of $110 million is set to be invested. …
Colian, a Polish manufacturer of confectionery, dried fruit and drinks, is to acquire Irish chocolate firm Lily O’Brien’s from investment fund The Carlyle Group for €40 million ($48 million). “Lily O’Brien’s represents a compelling strategic fit for Colian with its high level of brand recognition and market position, complementing Colian’s existing products”, The Carlyle Group said in a press statement. Founded in 1992, Lily O’Brien’s employs 120 people at its Newbridge …
Patanjali, the fast-growing Indian FMCG firm, is seeking to further expand its manufacturing operations with the proposed construction of a new food plant in the state of Chhattisgarh, India. The company, which manufactures ayurvedic products, has reportedly signed a memorandum of understanding to build a food and herbal processing unit in the village of Rajnandgaon at a cost of 671 crore INR ($106 million). According to a Business Standard report, the new facility …
Arla, the Danish dairy business, has announced that it is seeking to expand its footprint in south-east Asia via a joint venture with local player Indofood (ICBP). Describing southeast Asia as “a strategic growth region in Arla Foods’ strategy, Good Growth 2020”, the cooperative said that the new joint venture would handle sales, distribution and production of dairy products, but did not disclose further details about product portfolio, production or launch …
Valeo Foods, the Irish foods company, is acquiring the confectionery arm of Finnish firm Raisio for an enterprise value of €100 million ($121 million). Raisio, predominantly known as the owner of the international Benecol brand, said that its confectionery operations in the UK and the Czech Republic would be transferred to become part of Valeo Foods via a share transaction. Raisio’s confectionery business includes the brands Poppets, Fox’s, XXX, Just and …
Conagra Brands, the US packaged foods firm, has announced that it has reached a deal to acquire Sandwich Bros of Wiconsin, a manufacturer of frozen convenience breakfast foods and flatbread sandwiches. Terms of the deal were not disclosed. Sandwich Bros.of Wisconsin’s offers “snack meals” such as chicken melts and cheeseburgers, as well as flatbread pocket sandwiches filled with cheese, egg, turkey, beef and sausage. The family-owned firm achieved approximately $60 million in …
Promoted as “the authentic business class event for the region’s food & beverage sector”, SIAL Middle East returned to the Abu Dhabi Business Centre, United Arab Emirates (UAE) for its latest edition this month, drawing a diverse crowd of visitors over the three days of the event. The exhibition saw both local and international companies showcasing a diverse array of food and drinks products from all over the world. In total, around …
ITC, the Indian consumer goods giant, has announced that it has inaugurated a new state-of-the-art food manufacturing and logistics facility in Kapurthala, in the state of Punjab, India. According to sources, the new plant, which is spread over 72 acres of land, will boost the Punjab’s food processing sector and help to strengthen the state’s economy. As well as generating employment, the company claimed in a statement that the facility …
Hershey, the US confectionery firm, is taking its first significant step beyond the chocolate category with the acquisition of snack food firm Amplify Snack Brands for $921 million. The deal “strengthens Hershey’s position in the snacking aisle and broadens its portfolio of innovative savory snacking brands”, the company said in a statement. The Amplify Snack Brands portfolio includes SkinnyPop popcorn, Paqui tortilla crisps, Oatmega protein bars and Tyrrells potato crisps. Commenting on the …
Campbell Soup, the leading US food manufacturer, has announced that it has entered into an agreement to acquire snacks firm Snyder’s-Lance in a deal worth $4.87 billion in cash. The deal, described as the largest in Campbell Soup’s history, is expected to create a combined entity with annual net sales in excess of $10 billion. Snyder’s-Lance is a major snack food firm that is said to have leading market positions in categories …
Anglo-Dutch FMCG giant Unilever has completed the long-awaited sale of its spreads business, having secured a deal worth €6.825 billion ($8.04 billion) on a cash-free, debt-free basis with investment firm KKR. Unilever’s Spreads business includes brands such as Becel, Flora, Country Crock, Blue Band, I Can’t Believe It’s Not Butter, Rama and ProActiv. It operates across 66 countries and had a turnover of €3.032 billion ($3.57 billion) in 2016. Commenting on the move, …
Pioneer Foods UK, the UK division of the South African food manufacturer, has announced that it is acquiring UK cereal firm Good Carb Food Company. The transaction, which is effective immediately, sees Pioneer Foods UK acquiring 100% of the issued share capital of The Good Carb Food Company – owner of the market-leading Lizi’s granola brand – for an undisclosed sum. Pioneer Foods said it had been manufacturing Lizi’s brand granola products …
French food cooperatives D’Aucy and Triskalia have announced plans for closer cooperation leading to an eventual merger, according to a report in Paysan Breton. The two groups, which are both based in the region of Brittany, said that the move would enable a combined group to become a “leading player, anchored in their local area”. The cooperatives generated a combined income of €3.1 billion in 2016 and said they had ambitions …
Lactalis, the global dairy giant, is to cement its presence on the Brazilian market with the acquisition of milk processor Itambe Alimentos from CCPR, a dairy cooperative based in Minas Gerais. CCPR excercised a right to acquire the outstanding 50% of Itambe Alimentos from fellow Brazilian firm Vigor, following the latter’s acquisition by Mexican dairy giant Grupo Lala. The deal value will be in the order of $600 million, according to …
International food manufacturer Ajinomoto has announced plans to introduce a new facility that will consolidate the R&D functions of its group companies Ajinomoto Frozen Foods, Knorr Foods and Ajinomoto AGF “to promote further creation of high-value-added products and to reinforce the structure of the Japan Food Products business”. The new facility is being built with an investment of approximately ¥6 billion ($53 million) and will be constructed on the site …
John B Sanfilippo, a US nut snacks firm, has announced that it has acquired roasted nut and snack mix firm Squirrel Brand for $31.5 million. Squirrel Brand is described as one of the leading suppliers of roasted nuts and snack mixes under the Squirrel Brand and Southern Style Nuts brands. Products are sold through grocery chains, warehouse clubs and mass merchandisers, in addition to a number of other channels. Squirrel Brand is reported as posting net sales …
Swiss food giant Nestle has announced its intention to close its facility in Kinshasa, capital of the Democratic Republic of Congo, by the end of January 2018. The company stated that the move would allow it to focus on building sales and distribution in the country, providing new arrangements to support the sustainability of the business in the country. The factory, which was opened in 2009, produces Maggi stock cubes …
Germany-based multinational cheese maker Hochland has expanded operations with the acquisition of a cheese facility in Belinksky, Russia. According to sources, Hochland plans to enlarge and modernise the facility over the coming years. The site is set to produce retail branded cheese products as well as supplying cheese as a raw material for the Hochland processed cheese plant in Raos. Founded in 1927, Hochland specializes in the development, production, refinement and marketing …
Hain Celestial, the US organic and health foods manufacturer, has announced the “strategic acquisition” of the Welsh firm Clarks UK, a producer of natural sweeteners. Based in Newport, Clarks UK markets natural sweeteners including maple syrup, honey and carob, date and agave syrups under the Clarks name. Its Clarks branded maple syrup is described as the UK market leader. Commenting on the deal, Irwin D Simon, founder, president and chief executive officer …
Maple Leaf Foods, a Canadian manufacturer of meat products, has announced the signing of a definitive agreement to acquire plant-based protein firm Field Roast Grain Meat for $120 million, plus related costs. Field Roast Grain Meat is described by Maple Leaf Foods as a leading brand of premium grain-based ‘meat’ and vegan cheese products, with annual sales of approximately $38 million. Based in Seattle, USA, the firm manufactures lines of …
Global food giant Mars has purchased a minority stake in New York, USA based snacks manufacturer Kind. Announcing the move in a statement, the two firms said that Kind would continue to be operated independently in New York by its majority shareholders, founder and CEO Daniel Lubetzky and its management team, whilst Mars would support the company to expand outside of the USA and Canada. Grant F Reid, chief executive …
US-based Romana Food Brands, formerly known as Blackbird International, has acquired Canada-based pasta maker Pasta Romana for an undisclosed amount. Through the operation, Romana Food Brands said it was shifting its business to focus on the $98 billion Canadian food processing sector. Founded in 1996, Pasta Romana manufactures products such as fresh pasta, fresh filled pasta, sauces and pestos, with current production capacity of 2,000kg of pasta and 1,000 litres …
Arca Continental, described as Latin America’s second-largest Coca-Cola bottler, has announced the acquisition of US snacking firm Deep River Snacks for an undisclosed sum. The Mexican firm, which also owns the Wise Snacks, Bokados and Inalecsa brands, said that by expanding its portfolio it would “capture both the conventional and growing better-for-you segment within the snack category”. Deep River Snacks is said to be known for its colourful kettle-cooked potato …
Izico, the Dutch manufacturer of frozen snacks, is strengthening its position in the UK with the acquisition of vegetarian food producer Goodlife Foods. Goodlife Foods markets a range of frozen vegetable-based products, including vegetarian ready meals and meat-free sausages and burgers. The firm supplies both retail and food service channels and has been operating for over 25 years. According to the company website, Goodlife Foods “source[s] the healthiest vegetables from …
FrieslandCampina, the Dutch dairy cooperative, has announced plans to close its factory in Gutersloh, North-Rhine Westphalia, Germany, as part of what it describes as a “a comprehensive reorientation in the German market”. Calling the move a “fresh start”, the company said it planned to refocus its efforts on core brands such as Landliebe, Tuffi and Frico, as well as concentrating its commercial activities in the Dusseldorf area. FrieslandCampina said that …
Lotte, the Far East conglomerate active in confectionery and other categories, is to buy the Indian ice cream firm Havmor for 1,020 crore INR ($158 million), according to an article in the Economic Times. The South Korea based firm said it would buy 100% of the shares in Havmor, enabling it to begin operations in the ice cream space in India. Havmor produces a broad range of over 150 different …
Pukka Pies, a UK manufacturer of pies for the retail and foodservice industries, is looking to expand its operations by building a new facility at its manufacturing site in Leicester, according to a report in the Leicester Mercury. The firm is said to have submitted plans for a 50,000 sq foot facility to be built near its existing headquarters in the Syston area of the city, as it seeks to add …
Scandinavian FMCG firm Orkla has announced an expansion into the sports supplements space with the acquisition of Health And Sports Nutrition Group (HSNG), described as the largest e-commerce firm for sports nutrition in the Nordic region. HSNG runs the Gymgrossisten and Bodystore platforms, offering food, dietary supplements and health and well-being products in addition to clothing. equipment and accessories. The websites offer proprietary brands and products distributed on behalf of third …
Nestle, the FMCG giant, is rumoured to be among companies considering a move for Hain Celestial, the US-based manufacturer of health and wholefoods. News agency Bloomberg reports that the Swiss firm has held preliminary talks about purchasing all or parts of Hain Celestial, according to “people familiar with the matter”. Bloomberg further cites its sources as saying that other US manufacturers, as well as buyout firms, could emerge as potential suitors, or …
Agrial, the agri-food co-operative, is to acquire the Brittany-based charcuterie firm Tallec, according to a report in Les Echos. Headquarterted in Bannalec, Tallec manufactures traditional ham, terrines and pate, generating €37 million ($44 million) in annual revenue. It operates from two factories and employs around 200 staff. Commenting on the move, Agrial corporate relations director Michel Marielle said: “Our aim is to form a charcuterie division made up of family firms with premium …
The Danish arm of Scandinavian FMCG firm Orkla has announced the sale of its K Salat prepared salads brand to deli foods maker Stryhns, part of the Norwegian Agra group, for an undisclosed sum. Orkla described the move as being part of an effort to concentrate its activities on fewer categories. K-Salat has a product portfolio of salad spreads, mayonnaise, remoulade, dressings and potato salads. Under the agreement, Stryhns will …
Goya Foods, the leading US manufacturer of Hispanic food products, has announced the expansion of its facility in Brookshire TX to “support growing consumer demand” for its products. The 324,000 sq ft expansion will include production and distribution warehousing, production offices and auxiliary buildings. Goya said the investment would help it reach new consumers and strengthen the Goya brand throughout the USA and internationally includingin Latin America, the Caribbean, Europe, Africa and Asia. Commenting on the move, Goya …
Heritage Foods, the Indian dairy firm, is stepping up its presence in northern India with the acquisition of milk processor Vanam Foods. Mohali, Punjab based Vanam Foods was founded in 2015 and reported turnover of 1,296 lakh INR ($1.98 million) to the year ending 31st March 2017. Heritage Foods has been stepping up its presence in the dairy space following its exit from the retail and bakery business as the result …
Ferrero, the Italian chocolate spread and confectionery firm, has announced the debut of its Kinder brand in the USA with the launch of chocolate novelty Kinder Joy. Kinder Joy is described an egg-shaped product containing sweet milk-cream flavour and cocoa flavours in one half, and a toy in the other. Currently sold in 170 countries, the Kinder brand offers a range of confectionery products that includes chocolate bars and surprise-filled treats. Commenting on …
Uni Alimentos, a manufacturer of food products, is launching a new line of snacks based on traditional Brazilian staple ingredients. Chips Brasil is a range of four snacks made from manioc and sweet potato and comes in a choice of four flavours. Vagner Gomes, Uni Alimentos CEO said that aim of the launch was to link Brazilian staple foods with modern dietary trends. “Today we are marketing products that meet the …
Evans Food Group, a US snack maker, has announced the acquisition of fellow pork crackling manufacturer Gaytan Foods for an undisclosed sum. Founded in 1935 and headquartered in City of Industry, CA, Gaytan Foods is described as a leading producer of pork rinds on the west coast of the USA. The firm’s product line includes fried pork rinds, pickled snacks and wheat snacks. In a statement, Evans Food Group said …
HAK, a Dutch manufacturer of preserved vegetables and fruit, is bolstering its position on the German market with the majority acquisition of food distributor Foodeko. According to a report in Levensmiddelenkrant, HAK’s parent company Neerlands Glorie Groente en Fruit has taken a 51% stake in Foodeko to form a new joint venture called HAK-Foodeko. The owners of the new business reportedly have plans to expand the business and double its turnover …
Beechdean, a UK ice cream maker, has acquired the outstanding shares in fellow ice cream firm Lovingtons for an undisclosed sum. Beechdean already held 50% of Lovingtons through a deal transacted in May. Lovingtons is a manufacturer of ice creams that are sold through foodservice channels, to ice cream parlours and to the retail trade via wholesalers. Founded in 1997, it is described as “one of the most recognised names in …
Insight by Gama Compass DUBAI – 8th November 2017: The UAE continues to be a hotbed for investment in the FMCG sector, with new product development coming from both domestic and international firms eager to tap into new opportunities, especially in the UAE’s fast-growing food and drinks industries. Dettol Gold Bar Soap Camellure Shampoo with Camel MilkNew product development trends highlight the importance of market-specific preferences and domestic innovation in the UAE, as …
Pioneer Foods, a leading South African food manufacturer, has announced that it has agreed a deal whereby it will acquire the outstanding shares in its joint venture with Heinz Foods Proprietary SA, a subsidiary of the US food giant Kraft Heinz, for an undisclosed sum. As a result of the deal, Heinz Foods South Africa will become a wholly owned subsidiary of Pioneer Foods. In addition, Pioneer Foods said it would enter into …
US retail giant Walmart has announced the launch of a new Italian food range, introduced under the Sam’s Choice Italia brand name. According to Walmart, the range was developed in partnership with the Italian Trade Agency and features 40 products, including ready meals, bagged pastas, pesto and pasta sauces, canned tomatoes, balsamic vinegar and frozen pizzas. Jack Pestello, senior vice president, Private Brands at Walmart said: “Teaming up with the …
Dairy Farmers of America (DFA), the leading US dairy co-operative, has announced that it has acquired dairy processor Cumberland Dairy for an undisclosed sum. Located in Bridgeton, NJ, Cumberland Dairy manufactures ultra-pasteurized dairy products including milk, cream, milk cream, dessert mixes and non-dairy creamers. The firm supplies retail chains, convenience stores, wholesale food distributors and restaurants, predominantly on a private label basis but also through its FreshLife brand. Commenting on the news, …
Canadian dairy company Saputo has signed an agreement to acquire US goat’s cheese manufacturer Montchevre. The announcement comes around a week after the firm announced it had agreed to acquire Australian dairy firm Murray Goulburn in a billion-dollar deal. Monthchevre has a facility in Belmont, Wisconsin, with 320 employees involved in the manufacture, marketing and distribution of goat cheese in the USA. Montchevre president Arnaud Solandt commented: “The decision to proceed with the sale …
US food company Hormel has announced the acquisition of the deli meat and salami maker Columbus Manufacturi