Gama spoke to Jeff Lenard, NACS Vice President of Strategic Industry Initiatives, ahead of the latest edition of the NACS Show. What are your expectations for this edition of the NACS Show? What features are there for visitors to look forward to? The NACS Show is where retailers go to find the future of convenience, whether via products or services on the expo floor, in the education and general …
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Pet Care
US food giant General Mills has announced the acquisition of Edgard & Cooper, a Belgium-based company described as Europe’s leading independent premium pet food maker. “With this transaction, the company further advances its Accelerate strategy, including the prioritization of its core markets, global platforms and local gem brands to drive sustainable, profitable growth and top-tier shareholder returns over the long term”, the company said in a statement Founded in 2016, …
Mars affiliate company, Royal Canin, has announced the opening of India’s first and Asia’s second-largest packaging plant for pet food products in Bhiwandi, Maharashtra, with an investment of R$100 crore ($13.5 million). The state-of-the-art packaging centre reportedly features an automatic packing machine and relevant utilities, facilitating the effective conversion of bulk goods into retail packs. Royal Canin global president Cecile Coutens said: “India is one of the fastest-growing Petcare market …
Consumer goods major Nestle has announced the commissioning of a new Purina pet food plant at its existing site in Buk in north-western Hungary. According to the company, the factory, which is the result of a 55 billion HUF ($152.3 million) investment, will add two additional automated production lines, increase capacity by over 50,000 tons a year and create 130 jobs. The new lines, which should be fully operational from …
Coop, the Italian retail giant, has announced it is expanding its private label cat and dog food offering with the launch of around 200 products across four separate lines. Developed in partnership with the University of Milan, the range is said to use innovative ingredients such as insect protein, as well as “superfoods” including spirulina, pomegranate and blueberry, and focuses on both taste and nutritional quality. Among the new and …
Consumer goods major Nestle is planning to spend over $1.2 billion to bolster its capabilities in Brazil between 2023 and 2025, consolidating the country as Nestle’s third most important market globally. In a statement, Nestle said money would be earmarked for the adoption of new technologies and manufacturing facilities, more sustainable practices, and product innovation. Specific investments include coffee, supplements, chocolate and biscuits, with a new KitKat production line planned …
Mars, the leading food multinational, has announced an investment of $112.6 million ($76.3 million) in its pet food facility in Wodonga, in Australia’s Victoria state. According to a report in Inside FMCG, the upgraded 7,800 sq m facility will mostly be dedicated to producing single-serve pouches for the company’s Whiskas, Advance, Optimum and Dine brands, adding a a combined annual capacity of 25 kilotonnes. Commenting on the move, Craig Sargeant, GM at Mars Petcare …
Japanese brewer Kirin has announced the acquisition of Blackmores, an Australian vitamin and supplement producer, in a deal worth $1.2 billion. According to a Reuters report, the deal will enable Kirin to further diversify its portfolio. While alcoholic beverages comprise around half of Kirin’s sales, the company also has a health sciences division which the Blackmores acquisition is intended to complement. The Blackmores product range includes vitamins, dietary supplements and …
US-based food and beverage company JM Smucker has announced the closing of a transaction to sell several pet food brands to Post Holdings for approximately $1.2 billion. The acquisition, which was announced in February, includes brands such Rachael Ray Nutrish, 9Lives, Kibbles ‘n Bits, Nature’s Recipe and Gravy Train, a private label pet food business, and several manufacturing and distributing facilities. “With the close of this transaction, we are excited to …
FMCG giant Colgate-Palmolive has announced plans to acquire three dry pet food manufacturing plants in the US from Red Collar Pet Foods for $700 million. According to Colgate-Palmolive, the acquisition aims to support the global growth of its Hill’s Pet Nutrition business and includes the transfer of approximately 350 employees. The manufacturing plants – in Orangeburg (SC), Clinton (OK), and Washington Court House (OH) – will be part of Hill’s Pet …
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