Nestle, the Swiss consumer goods giant, has announced the sale of its New Zealand based Egmont Honey brand to Huatai International, a Beijing-based private equity fund, after two years of ownership. Founded in 2008, Egmont Honey specialises in manuka honey and sustainable beekeeping practices, exporting its products to more than 20 countries. The move is described as being part of a wider strategy to streamline Nestle’s portfolio, as well aligning …
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Surya Foods, the leading UK world foods importer and supplier, has announced the acquisition of a majority stake in Karma Bites, a health snack brand. Karma Bites makes popped lotus seed snacks in Himalayan Pink Salt, Peri-Peri, Wasabi, Caramel, and Coconut & Vanilla flavours, white the range described as vegan, gluten-free, non-GMO, and free of refined sugars. Commenting on the deal, Surya Foods group chief executive officer Harry Dulai said: …
Dagrofa Group, the parent company of Spar Denmark, has announced its Gro ’27 strategy, a three-year growth plan that includes a 1.3 billion DKK ($182 million) investment in retail, food service, and logistics. Through Gro’27, Dagrofa plans to grow Dagrofa’s market share, achieve 600 million NOK ($182 million) in earnings by 2027, and position Meny as Denmark’s strongest grocery brand. Investments will go towards modernising stores and strengthening the company’s …
Gama spoke to Simón Fusté, European Snacking Director, Sigma. Read the full Industry Insight in the next issue of Gama News. How is the Snackin’ For You range geared to meeting consumer needs? We have a number of basic pillars: first of all, what you see is what you get. So all our products contain up to seven ingredients, and no more. We avoid additives and ultra-processed foods. Secondly, everything is …
SHS Group, the diversified consumer goods supplier, has announced the acquisition of Shandy Shack, a brand of “mid-strength” abv beer that specialises in flavoured products. Prior to the acquisition, the two companies had collaborated to create a raspberry lager using Bottlegreen cordial. Shandy Shack will join the existing SHS portfolio including brands such as Shloer, Bottlegreen, Rocks and WKD. Andy Morris-Jinks, managing director of SHS Drinks, said: “We are excited …
Supreme plc, the diversified consumer goods supplier, has announced the acquisition of the Typhoo tea brand from administration in a £10.2 million ($12.95 million) deal. Founded in 1903, Typhoo was the UK’s first pre-packaged tea brand but succumbed to administration in November as a result of falling sales and rising debts. As part of the acquisition, Supreme plc will acquire brands includeing QT, Lift, Herbalists, Heath & Heather, London Fruit …
Toms, the Danish confectionery group, has announced a nine-figure investment plan to consolidate chocolate production in Nowa Sol, Poland, and licorice and sugar confectionery Helseholmen, Denmark. As part of the reorganisation, Toms said it was also planning to phase out its operations in Ballerup, Denmark, within the next three to ofour years. Founded in 1924, Toms Group presently manufactures around 30,000 tonnes of goods annually at its factories in Denmark, …
Unilever, the leading FMCG firm, has announced it has completed a £40 million ($51 million), five-year investment at its food factory in Burton, UK, as it seeks to consolidate manufacturing of its condiments range. In a statement, the company said the aim of the investment was to drive growth in its UK food business and develop supply chain efficiency. The investment includes a second factory built next to its existing …
Tesco, the UK’s leading supermarket retailer, has announced plans to expand its convenience store footprint with the opening of 150 new Tesco Express outlets over the next three years. The new openings are set to create 2,000 jobs and build on the existing Tesco Express network, which currently numbers over 2,700 stores. To mark the 30th anniversary of the Tesco Express chain, the retailer also announced the opening of its newest outlet …
Coca-Cola Europacific Partners (CCEP), the UK-based Coca-Cola bottler, has announced an investment of £42.3 million ($53.1 million) in its facility in Wakefield, UK. The investment is for a new automated storage retrieval system (ASRS) that will more than double current warehouse capacity to over 58,000 pallets, and reduce annual vehicle journeys by 18,500. In total, the facility has received £103 million ($129 million) in investment since 2019 to enhance efficiencies and allow …
Nestle, the Swiss consumer goods giant, has announce plans to spin-off its water and premium beverages business from 1st January 2025. “As part of the action plan to drive operational performance and unlock potential, Nestlé’s water and premium beverages activities will become a global standalone business under the leadership of Muriel Lienau, Head of Nestlé Waters Europe, as of January 1, 2025”, the company said in a statement. “This will …
Organic cocoa and guarana specialist Koawach has announced the launch of an energy drink which is claimed to be the world’s first caffeinated soft drink made with cocoa fruit juice. Koawach said it had collaborated with Koa, a Swiss-Ghanaian startup that specialises in upcycling cocoa fruit pulp, to create the beverage, which reportedly has 75mg of natural caffeine per can but less sugar than typical energy drinks. The range comes …
Samworth Brothers, a leading UK supplier of chilled and ambient foods, is seeking a buyer for its Soreen cakes business, according to reports in Grocery Gazette and The Grocer. Founded in Manchester in the 1930s, Soreen is especially known for its flagship malt loaf, which is marketed as a low fat option with 43% sugar than the average. More recently, the Soreen portfolio has expanded to include banana and toffee loaves, …
Heineken, the Dutch beermaker, has announced an investment of €45 million ($47 million) to build the Dr. H.P. Heineken Centre, a global research & development centre in Zoeterwoude, Netherlands. Named after Henry Pierre Heineken, a doctor of chemistry and first successor to Heineken founder Gerard Adriaan Heineken, the new facility will be 8,800 sqm in size and start operating by mid-2025. It will focus on improving products and processing and developing …
Kepak, the Irish supplier of foodservice solutions and ready-for-market convenience foods. has announced the acquisition of Summit Foods, a UK-based specialist in frozen and chilled foods. Kepak is a leading meat producer with 15 plants across Ireland and the UK, serving brands including Rustlers, Big Al’s, Celtic Beef, McIntosh Donald, Watergrass Hill, Black Angus, and Hereford Beef. Commenting on the deal, Kepak Foods CEO Brian Farrell said: “This acquisition aligns …
Ocado, the specialist online UK grocery company, is to invest heavily in its private label range in 2025, with the launch of hundreds of new items, according to a report in Grocery Gazette. The retailer, which said the new product range would particularly focus on seasonal items, said 89% of customers it surveyed agreed it was important that the supermarkets they buy from sell a wide range of value items. …
Kerry Group, the Irish dairy business, has entered into an agreement with Kerry Co-Operative Creameries to sell Kerry Dairy Holding (Ireland) for €500 million ($530 million). The deal supports Kerry Group’s desire to become a “pure play taste and nutrition company”. Kerry Dairy Ireland includes Dairy Consumer Products, a business that makes cheese, cheese snacks, dairy spreads, and related products sold in the UK and Ireland, and and Dairy Ingredients, …
Intersnack, the European snacks multinational, has announced it has acquired organic and plant- based food manufacturer Whole Earth Foods from health foods firm Ecotone. Under Ecotone, the Whole Earth Foods brand has reportedly been expanding for the past 20 years in the nut butters and soft drink categories, making it one of the UK top peanut butter brands. Its organic peanut butter is also popular in countries such as Germany, …
Gama with Nicolas Trentesaux, SIAL Network Managing Director The landmark 2024 edition of SIAL, the self-styled “must-attend” biennial event for the food industry, reinforced the show’s central place in the European consumer goods calendar, building on a 60 year run that was marked in both celebratory and contemplative fashion. Gama with Secretary of State for Fisheries of Portugal Claudia Monteiro Aguiar As the organizers themselves acknowledged, attending SIAL on its …
UK food manufacturer Kestrel Foods has announced the acquisition of savoury snack brand Indie Bay Snacks from peer Nurture Brands for an undisclosed sum. Founded in 2016 by Dafna Bonas, Indie Bay Snacks sells low-calorie, low-fat pretzel snacks, including “pretzel thins”, through grocery, travel, and direct-to-consumer channels. Commenting on the deal, Nurture Brands managing director Adam Draper said: “As Nurture Brands consolidates its resources around Rebel Kitchen, EMILY and Jax …
Belgian brewery Brouwerij Martens has announced the acquisition of United Dutch Breweries (UDB), a Netherlands-based brewing company, from European investment company Gimv. Offering “affordable premium import brands”, UDB is known in particular for lagers such as Oranjeboom and Royal Dutch, as well as the malt drink 3 Horses. Commenting on the move, Brouwerij Martens CEO Danny Dresselaerts said: “We are very proud to have been able to realize this transaction …
Heineken, the Dutch beermaker, has acquired Komari Beverage, an Ethiopian alcoholic drinks firm, according to a report in Capital Ethiopia. According to sources, oamari Beverage produces hard seltzers under the Arada brand, and was first launched to market in 2021. It reportedly claims to be the only manufacturer of hard seltzers in Ethiopia and has a production capacity of 27,000 bottles per hour. Commenting on the deal, Komari Beverage chief …
Acqua Sant’Anna, the Italian mineral water firm, has announced the acquisition of French counterpart La Compagnie des Pyrenees (LCDP), owner of the Eau Neuve brand, for €50 million ($54.5 million). Founded in 1996, Acqua Sant’Anna holds a 13.4% share of the mineral water market in Italy and reported turnover of €320 million ($348.8 million) in 2023. Commenting on the move, Acqua Sant’Anna founder, president and CEO Alberto Bertone said: “It …
Haleon, a consumer healthcare firm, has announced an investment of £130 million ($169 million) to build an innovation centre in Weybridge, UK. The new facility will reportedly feature state-of-the-art, digitally enabled research laboratories and a dedicated consumer behaviour research facility, employing 450 staff. This new facility intends to support Haleon’s oral health portfolio, including brands like Sensodyne, Polident/Poligrip, Aquafresh and Corsodyl. Commenting on the move, Haleon CEO Brian McNamara said: …
Spanish food and beverage producer Angel Camacho has announced the acquisition of Macarico, a Portuguese firm that manufactures sauces and antipasti. In a press release, Angel Camacho said the deal was part of the firm’s “satisfied customer and consumer” plan, in which Portugal and Brazil are considered strategic markets. Founded in 1930, Macarico is a family business with two factories located near Aveiro. Its portfolio includes pickled vegetables, olives oil, …
Kellanova, the leading US cereal and snacks firm, has announced an investment of £75 million ($98 million) to expand production at its breakfast cereal facility in Wrexham, North Wales. The Wrexham site, which opened in 1978, is Kellanova’s largest Special K plant globally. It also manufactures other brands, such as All Bran, Bran Flakes, and Fruit ‘n’ Fibre. Brands including Corn Flakes and Crunchy Nut will also transition to Wrexham …
Gama spoke to Yannick Verry, Brand Director, ahead of the latest edition of Fi Europe. What are your expectations for this year’s FI Europe? What features are there for consumers to look forward to? Fi Europe is gearing up for its biggest and best year ever. From 19th-21st November 2024, Messe Frankfurt will host the leading global event for food and beverage ingredients. More than 1,500 exhibitors and a programme …
Natra, a vertically-integrated cocoa and chocolate manufacturer, has announced the acquisition of Gudrun, a Belgian chocolate and truffle producer, from Down2Earth Capital. Founded in 1942, Gudrun is a manufacturer of premium chocolates for international retailers in multiple markets. It has a manufacturing base in Lier, Belgium, and a distribution centre in Poland. Commenting on the move, Natra CEO Armando Santacesaria said: “Gudrun is a fantastic business and this highly complementary …
FMCG giant Nestle has recently announced that the company is investing £150 million ($199 million) to upgrade its Nestle Purina pet food factory in Wisbech, UK. In a press release, the company said it had been investing in its Purina factories worldwide in response to rising pet food sales , noting the category accounted for 20% of the company’s total sales in 2023, up from just 12% a decade ago. …
Multinational bakery firm Grupo Bimbo has announced the closure of a manufacturing facility located in San Cristobal, in the Spanish city of Valladolid According to sources, the factory manufactures cakes for brands such as Donuts, Bollycao, Donettes and Tigreton. A second factory in nearby Medina del Campo, which was acquired two years ago from Cerealto Siro Foods and manufactures a different product range, is unaffected by the decision. The firm …
Edrington, a UK-based spirits producer, has announced that it has reached an agreement to sell the The Famous Grouse and Naked Malt scotch whisky brands to William Grant & Sons, one of the world’s leading whisky producers, through its subsidiary The 1887 Company Limited. Founded in 1887, William Grant & Sons offers whisky and spirits under brands such as Glenfiddich, Grant’s, The Balvenie, Tullamore D.E.W., Drambuie, Hendrick’s Gin, Sailor Jerry …
Gama spoke to Heather Mills, Founder, VBites. Read this Industry Insight in the latest issue of Gama News. What major trends do you expect to shape food and drinks innovation in 2024 and beyond? There is an awakening coming. Historically it’s been tough for the consumer to discern what a healthy diet is: it’s hard to decipher the myriad of misleading marketing campaigns (from dairy and meat companies in particular), …
Platinum Equity, a global investment firm, has signed an agreement to acquire a majority stake in Polli, an Italian producer of pasta sauces and vegetable preserves Founded in 1872, Polli is Europe’s largest producer of pesto as well as making other pasta sauces, oils, olives, pickles and condiments. The company operates four facilities that process 130 types of raw materials to produce 29,000 tonnes of vegetables and 190 million packages …
Gama with Altria A record 800 exhibitors and 14,500 exhibitors packed the halls and corridors of the Messe Dortmund showgrounds in Germany across three days from 19th September, as Inter Tabac, the leading international trade event for the tobacco and nicotine industry, returned for its latest outing. Gama with Wonz Belying overall downward trends in conventional tobacco use, InterTabac embraced diversity with a greater range of product categories than ever …
The latest innovation insight from Gama Compass MANCHESTER – 23rd September 2024: This month’s Innovation Insight lifts the lid on the continued evolution of high-protein snacks, as we take a look at a launch extolling the virtues of eggs as a hero health ingredient – Just This Ouegg Egg Omelette Crisps. Read this Innovation Insight in the latest issue of Gama News. New to the market in Spain from Patatas Fritas Torres, and …
Ricola, a leading manufacturer of cough drops, has announced plans to acquire a manufacturing plant in Lenzburg from Swiss-based baby food, snack bar and spreads company Hero to overcome existing constraints and expand its production infrastructure. Founded in 1930 and headquartered in Laufen, Ricola manufactures 50 different types of herbal cough drops and specialty teas. It exports its products to 50 countries and operates subsidiaries in Europe, Asia, and the …
Swiss-based baby food, snack bar and spreads firm Hero has announced the acquisition of British plant-based food brand Deliciously Ella for an undisclosed amount. Founded in 2016, Deliciously Ella offers crackers, snack bars, ready meals, biscuits, chocolate, dressings, spreads, pasta, kombucha and other products, available at leading grocery retailers Hero said the acquisition would allow it to strengthen its position in the UK snack market, where it is already present …
Discount retailer Lidl has announced that the company is investing €70 million ($77 million) to open a regional headquarters in Sardinia that will also host the companys’s 12th logistics centre in Italy. In a press release, Lidl sai the new facility, which is located in Assemini in the Cagliari region, will shorten the distance goods need to travel to supply the retailer’s 23 stores on the island, providing environmental and …
German retail giant Aldi has announced an investment of £800 million ($1 billion) to expand its presence in the UK. In a press release, the retailer descrbed the sum as its “largest ever package of annual investment”, and said it plannedto open 23 new stores before the end of the year, including Muswell Hill in London and Mere Green in Birmingham. The company is also planning to refurbish 100 stores, …
Valeo Foods, the Irish food firm, has announced the acquisition of IDC Holding, an independent producer of wafers, biscuits, and confectionery in Central and Eastern Europe, for an undisclosed sum. The acquisition is said to include the CandyPlus operation in the Czech Republic, the Balconi business in Italy, and the Schluckwerder business in Germany, which together employ around 1,150 staff. The company’s 2023 net sales were nearly €200 million. Commenting …
Gama spoke to Nicolas Trentesaux, SIAL Network Managing Director, ahead of the latest edition of SIAL. SIAL is celebrating its 60th anniversary this year. How are you planning to commemorate the occasion? This year, SIAL is characterised by both a retrospective and forward-looking approach to the food sector. Attending SIAL on its 60th anniversary is a unique opportunity to reflect on six decades of innovation and change in food, while …
Lantmannen, a Swedish agricultural cooperative and food manufacturer, has announced an investment of 1.2 billion SEK ($116.4 million) in a new facility in Lidkoping for the manufacture of plant-based proteins. The new facility will process 35,000 tonnes of peas and 5,000 tonnes of faba beans (broad beans) into 7,000 tonnes of concentrated plant-based protein, also known as protein isolate, annually. Commenting on the news, Magnus Kagevik, group president and CEO …
Supermarket chain Waitrose, a subsidiary of the John Lewis Partnership, has announced plans to invest £1 billion ($1.31 billion) over the next five years to open 100 convenience stores and refurbish 150 existing outlets. The store upgrades will feature revamped service counters and expanded space for on-demand grocery orders, as well as branded concessions such as Crosstown doughnuts and Sushi Daily. Commenting on the move, Waitrose executive director James Bailey …
Nestle, the Swiss consumer goods giant, has announced an investment of €30 million (£25.4 million) to increase capacity for hot cereal drinks production at its Avanca factory in Portugal. The investment will be used to install advanced machinery to improve operational efficiency and help meet the growing demand for nutritious beverages. The Avanca plant, situated in the north-eastern region of Portugal, is decribed as Nestle’s sole cereal drinks production site …
Euricom, a world leader in the rice sector, has announced a binding agreement to acquire the entire share capital of Sonko, a Polish snacks company, from Oshee Polska. Founded in 1989, Sonko has a portfolio that includes rice cakes, chickpea chips and chocolate crispbreads, as well as a range of rices and groats. It has a workforce of 300 and two production facilities. Euricom said it intended to further invest …
Arla, the Danish dairy cooperative, has announced it is expanding further beyond the confines of the dairy category with the launch of a non-animal spread spread under the Lurpak Plant Based brand. In a press release, Arla said Lurpak Plant Based was made with “simple” ingredients and was suitable for spreading, cooking or baking. Peter Giortz-Carlsen, executive vice president and COO of Arla Foods, commented: “We believe there is room …
Les Mousquetaires, the French retail company that operates the Intermarche, Bricomarche and Netto banners, has announced an investment of €100 million ($109 million) to establish 80 new stores in Portugal within the next five years. The focus of the strategy will reportedly be smaller and medium-sized Intermarche stores ranging in size from 1,000 to 2,500 sq mt. The company plans to launch roughly 15 new stores each year, investing between …
The UK arm of Spanish food manufacturer Cerealto has announced the acquisition of Hill Biscuits from LDC, a private equity firm. Founded in 1855, Hill Biscuits is defined as one of the largest and longest established biscuit manufacturers in the UK. LDC partnered with Hill Biscuits in 2017 to support growth by investing in technology, efficiency, and capacity. During the seven-year partnership, Hill Biscuits doubled its revenue to £40 million …
Italian food group Newlat has announced the acquisition of the entire share capital of Princes, the diversified UK food and drinks company. The acquisition, valued at £700 million ($896 million), encompasses all current operations and brands of Princes, which will function as a subsidiary under the newly formed New Princes Group. New Princes Group will double its product category to over 30 brands, with a turnover of €42.8 billion ($46.74 billion), a …
GoodLife Foods, a manufacturer of frozen vegetables, has announced that it has entered into an agreement to acquire Pure Ingredients, a leading German manufacturer of halal frozen foods. Pure Ingredients offers branded and private label products and specialises in halal frozen snacks and meal components. The company employs over 200 people across its three production facilities in the Netherlands and Germany. Commenting on the acquisition, GoodLife Foods CEO Dirk Van de …
Muller, the German dairy giant, has announced plans to build a 4,500 sq m production facility in Aretsried, Germany for the manufacture of Landliebe yoghurt, specialising in reusable glass jars. The new facility will be equipped with state-of-the-art machinery for filling, sorting, and cleaning the jars, and will increase overall yoghurt production capacity at the site. Commenting on the move, Muller Germany managing director Cornelia Heiser said: “This investment is …
Refresco, the independent drinks bottler, has announced that it has entered into an agreement to acquire Frias Nutrition, a leading manufacturer of plant-based drinks and meat substitutes, from Alantra Private Equity and the founding family. Frias, which employs around 250 people, is described as a manufacturer of oat, almond and soy drinks, as well as broths, creams and tofu for major European retailers, and has a production facility located in …
Gama spoke to Sabine Loos, Managing Director of Westfalenhallen Unternehmensgruppe, ahead of the latest edition of InterTabac. What are your expectations for this edition of Inter Tabac? InterTabac is a real, long-lasting success story and over decades has established itself as a global platform for the tobacco industry. for the forthcoming 2024 edition, the signs are promising to say the least: despite challenging conditions, we have had a positive …
Kruger Group, a manufacturer of branded and private label consumer products, has announced the acquisition of Switzerland-based Hermes Sussstoff, a maker of tabletop sweeteners, from pharmaceutical company Klosterfrau. Through the acquisition, Kruger Group will add the Assugrin, Hermesetas and SteviaSweet brands. Assugrin is a popular brand in Switzerland, while Hermesetas leads the Northern European market and has a significant presence in Australia, the UK and Ireland, as well as other …
Clessidra, an Italian private equity fund, has announced the acquisition of Molino Nicoli, a family-owned manufacturer of baked goods for an undisclosed amount, according to Just Food and Montenapo Daily reports. Founded in 1869, Molino Nicoli produces organic and gluten-free breakfast cereals, baby snacks, and cereal bars under the Vitabella brand for the US and European markets. It also manufactures private-label products including muesli, granola, oat flakes, snack bars, and …
Leading Swiss dairy company Emmi has announced it has entered into a put option agreement for the acquisition of French dessert firm Mademoiselle Desserts for €900 million ($1.02 billion) to expand in the premium desserts category. Founded in 1980, Mademoiselle Desserts is known for its premium patisserie products and dominates the European dessert market with 12 production facilities in France, the UK, the Netherlands and Belgium. Mademoiselle Desserts has also …
Royal A-ware, a Dutch dairy conglomerate, has announced plans to The Dairy Food Group, a Belgian manufacturer of branded and private label dairy products. The acquisition is said to include fresh milk supplier Belgian Milk Company, dairy desserts business Eurodesserts, whipped cream specialist Incopack, rice dessert maker Incorock, and Limelco, a producer of fromage frais and associated dairy products. The deal is part of Royal A-ware’s business strategy to expand …
Gama spoke to Nicola Woods, Event Manager, ahead of the latest edition of Speciality & Fine Food Fair. What are your expectations for this year’s Speciality & Fine Food Fair? How will you be celebrating the landmark 25th edition? We’re really excited for this year’s event! It’s amazing to think how the speciality food & drink industry has evolved since 1999 and this year we’ll be celebrating both …
UK alcoholic beverage multinational Diageo has announced it has agreed to sell its Safari spirits brand to Casa Redondo, a Portuguese alcoholic drinks company, as part of a portfolio review. Safari offers fruit-flavoured liqueurs and is primarily sold in Benelux, Portugal and Turkey. Commenting on the move, Diageo’s president, Europe John Kennedy said: “The sale of Safari reflects Diageo’s commitment to delivering consistent growth and value creation for shareholders. This …
Carlsberg, the multinational brewer, has announced that it has entered into an agreement to acquire UK-based soft drink business Britvic for £3.3 billion ($4.2 billion) to expand its bottling operations across Europe. Britvic is the main partner for PepsiCo in the UK and Ireland with exclusive rights to manufacture, bottle, and sell brands including Pepsi, 7UP, and Lipton. It also owns brands such as Robinsons, Tango, Fruit Shoot, J2O, Aqua …
Spanish beef supplier Grupo Miguel Vergara has announced the acquisition of its domestic peer Valles del from wine and beef specialist El Enebro. Valles del Esla operates an extensive livestock operation in the mountains of the Leon region and markets a range of beef products under its namesake brand. Commenting on the acquisition, company president and owner Miguel Vergara said: “[This acquisition] not only reinforces our capacity and leadership in …
Global snacks giant PepsiCo has announced it is diversifying its Walker’s snack bran Monster Munch and Wotsits with three new products made from chickpeas instead of corn. Claimed to be a source of fibre, to contain fewer than 100 calories and to be 25% lower in salt than the typical extruded product, the range comprises Wotsits Cheese Toastie, Wotsits Crispy Bacon and Monster Munch BBQ Sauce. Commenting on the launch, …
Salling Group, Denmark’s largest grocery chain, has announced the acquisition of 35 stores from Coop Denmark. In a press release, the company said the deal included 25 365discount stores, as well as three and five under the Kvickly and SuperBrugsen banners respectively. Anders Hagh, CEO of Salling Group, said: “We are proud of the purchase, which gives us the opportunity to reach even more Danes in areas and at addresses …
Canadian plant-based food supplier Above Food has announced that it has acquired Brotalia, a subsidiary of Enhol that specializes in innovative food technologies. Founded in 2017, Brotalia is described as a manufacturer of plant-based alternatives to chicken, seafood, burgers, and meatballs that markets its products under the Foody’s banner. The company is said to be leading advanced research in dry fermentation technologies that upcycles ingredients and their by-products into high …
Ehrmann, a German dairy firm, has announced the acquisition of Trewithen Dairy, a family-owned dairy processor based in Cornwall, as it seeks to boost its presence in the UK market. Following the acquisition, Ehrmann will invest £20 million ($25.4 million) to develop a production facility for its High Protein and Grand Dessert lines. The facility is projected to be operational by 2026. Commenting on the acquisition, Ehrmann SE chairman Christian …
Gama spoke to Paula Amaral, Head of Sustainability, Innovation and Strategy at Groupe Bel. Read the full Industry Insight in the latest issue of Gama News As traditionally a pure-play dairy firm, how is Groupe Bel adapting to ensure the sustainability of the business in the long term? We have a growth model that has two pillars – profitability and responsibility – because we know that if we want to remain relevant …
Supreme plc, a diversified consumer goods supplier, has announced the acquisition of trade and assets of Clearly Drinks, a manufacturer of canned and bottled spring water and soft drinks, for £15 million ($19 million). Founded in 1885, Clearly Drinks has a portfolio of still and sparkling spring water, energy drinks, vitamin-infused beverages, juices, coffee-based drinks, and mixers and tonics, marketed under brands like Perfectly Clear, Northumbria Spring, and Revolution Waves. …
Idilia Foods, a diversified Spanish food and drinks firm. has announced the acquisition of 50% of dairy drinks maker Cacaolat from beermaker Damm. Founded in 1933 in Barcelona, Cacaolat is known for its namesake brand of chocolate milk, as well as Letona and Laccao, and generated turnover of €82 million ($88.1 million) in 2023. In a statement, Idilia Foods and Damm said the acquisition would allow Cacaolat to combine its …
Kerry, a leading food and food ingredients company, has announced the opening of a new facility in Charleville, Ireland for the manufacture of Cheestrings cheese snacks. The state-of-the-art facility will increase production capacity by 50% and generate 60 jobs in the local community. Commenting on the news, Kerry Group CEO Edmond Scanlon said: “Cheestrings has been a fantastic success story over the past 30 years and a great example of …
Leading UK food and drinks supplier Bidcorp has announced it has acquired the trade and assets of ice cream manufacturer Northern Bloc. Operating since 2014, Northern Bloc is described as offering a broad product range including vegan, low sugar and bespoke ice cream Commenting on the acquisition Jim Gouldie, Bidfood UK supply chain and technical services director, said: “We’re delighted to welcome […] the Northern Bloc team to our Bidcorp …
Lactalis, the French dairy giant, has announced plans to close a factory in Miercurea Ciuc, Romania, which it acquired through its 2016 acquisition of local milk processor Covalact. The company stated its aim was to consolidate its investments in its remaining four significant factories in Oiejdea, Sfantu Gheorghe, Campulung Moldovenesc, and Tunari. Production from the Miercurea Ciuc site will be transferred to the other factories to maintain supply and availability. …
Leading European snacking producer Colussi has announced it has reached a deal to acquire a majority stake in German cracker firm Dr. Karg, according to a report in Distribuzione Moderna. Dr. Karg manufactures a range of crispbread and other sweet and savoury snacking products, employing 240 staff at the company’s bakery in Schwabach. It exports its 36-strong product range to 25 countries. Colussi, which has annual revenues of around €409 …
Leading UK food manufacturer Pilgrim’s Pride has announced plans to close a facility in West London that specialises in producing meat snacks for the UK retail market. The shuttering of the Spurway facility, which is expected to affect up to 270 staff, follows the mooted closure of another Pilgrim’s Pride factory in Southall. Both sites were acquired when Pilgrim’s Pride bought the Consumer Foods’ Meats and Meals business of Kerry …
Some 100 exhibitors and around 5,000 exhibitors descended on Madrid’s Pabellon de Cristal at the beginning of June for the fifth outing of Vapexpo, Spain’s now-established annual event for the tobacco alternative industry. A sister event to Vapexpo France, Vapexpo Spain promotes itself as Spain’s premier event for national and international e-liquid and equipment manufacturers, “modders”, wholesalers, store managers and health professionals, attracting both trade visitors and the general public …
Cloetta, a leading northern European confectionery company, has announced a binding agreement to sell its Nutisal roasted nuts brand to Monchy Food, a Dutch producer and distributor of nuts, seeds and dried fruits, as part of its strategy to focus on its core confectionery portfolio. “The divestment is part of Cloetta’s previously communicated plan to continue streamlining the brand and product portfolio to reduce complexity to support the long-term goal …
Leading European dairy company Arla has teamed up with international coffee chain to launch Starbucks Protein Drink with Coffee, a new health-oriented drinking touting 20g of protein per 330g bottle. Available in the varieties Chocolate Mocha, Caffe Latte and Caramel Hazelnut, Starbucks Protein Drink with Coffee is claimed to be made with low-fat milk and to free from added sugar, and will launch with an RRP of £2.75 ($3.50). Commenting …
Leading European sweets and snacks producer Valeo Foods has announced it has reached a deal to acquire the assets of Dal Colle, an Italian manufacturer of baked goods. With distribution in over 35 countries, Dal Colle is renowned for a 180-strong range of sweet bakery items including croissants and the traditional Italian cakes pandoro and panettone. Commenting on the deal, CEO of Valeo Foods Italy & president of Balconi Spa …
Haribo, the world’s leading manufacturer of licorice and gummy sweets, has announced it is investing €300 million ($326 million ) in a new production plant in Neuss, in Germany’s North Rhine-Westphalia region. The company said it was planning to acquire 14 hectares of land for the new plant at the Neuss-Holzheim industrial park. This new facility will function alongside the existing Julicher Landstrasse site until 2030, when the latter will …
Read more insights in the latest issue of Gama News Serving as a focal point for the wine industry in the UK, London Wine Fair (LWF) returned for its latest outing this spring, welcoming just over 400 exhibitors to the Kensington Olympia showgrounds in London for three days of learning, networking and deal-making. Focusing heavily on visitor “quality” as a key metric, show organisers reported that while attendee numbers were slightly down on …
Sabelli, a leading Italian manufacturer of fresh cheeses based in the Marche region, has announced a binding agreement to acquire local cheesemaker Stella Bianca from the Latte Montagna Alto Adige (Mila) dairy cooperative. Founded in 1978, Stella Bianca has an annual turnover of €51 million ($55 million) and a 185-strong workforce. It produces a range of spreadable cheeses made of 100% Italian milk, including an organic line. A spokesperson for …
Swedish hygiene and health firm Essity has announced that it is investing in a new research and development centre in France’s Alsace region. In a press release, the company said the state-of-the-art centre will focus on tissue products in order to meet evolving demand of branded tissue in both the Consumer and Professional Hygiene markets. Commenting on the decision, Magnus Groth, President and CEO of Essity, said: “Essity’s research and …
FMCG multinational PepsiCo has announced that the company is investing £8 million ($10 million) to upgrade a UK factory in Brigg that manufactures its premium Pipers brand of crisps. In a press release, PepsiCo said the the investment would enable the firm to meet growing demand by boosting production capacity by 80%. The company said it would add more efficient fryers, install two new packaging machines and upgrade facilities. The …
UK-based consumer healthcare firm Vector Consumer has announced it is strengthening in the supplement space with the acquisition of s Dose & Co from brand developer Zuru Edge. Founded in New Zealand in 2019, Dose & Co. has a portfolio that includes Pure Collagen Peptides powder, Beauty Collagen, Marine Collagen Peptides powder, and collagen creamer. The deal follows Vector Consumer’s purchase of the Pura Collagen brand last month. Commenting on …
Mid-May saw Birmingham’s NEC once again become a focal point for the newest developments in consumer goods, as the latest edition of The Vaper Expo UK, a twice-yearly event for the global e-cigarette industry, took centre stage. Gama with Raul Singh, Director, Gold Mary A typically lively and colourful affair, The Vaper Expo UK welcomed as many as 300 exhibitors, as well as around 20,000 delegates, reflecting the now-established position …
Potato and frozen food specialist McCain has announced an investment of €350 million ($378 million) to bolster its production facilities in France. The investment is set to increase production in the country from 600,000 tonnes of finished products to roughly 750,000 tonnes. The company’s Harnes site is set to receive the bulk of the funds, but €30 million ($33.3 million) is also earmarked for the Bethune site’s new potato specialities …
Gama with Heather Mills, Founder, VBITES Hailed as the “busiest” edition to date, the 2024 edition of Food & Drink Expo (and its co-located events) yet again emerged as a significant showcase of the latest in food and drinks innovation in the UK and beyond. Gama with Ian Taylor, Retail Director, Spar UK Absorbing much of the Birmingham NEC’s extensive showgrounds for three days between 29th April and 1st May, …
Netherlands-based Lipton Teas and Infusions, the tea business divested by Unilever formerly known as Ekaterra, and Sri Lankan conglomerate Browns have agreed a new partnership that will reportedly make the latter the world’s leading tea producer. The long-term agreement will see Lipton Teas and Infusions cede control of its tea estates in Kenya, Rwanda and Tanzania, with a stipulation that tea will be grown and harvested to new quality, social …
Gama spoke to Anna Bosch Güell, Director General at Noel Alimentaria. Read the full Industry Insight in the latest issue of Gama News What major trends do you expect to shape food innovation in 2024 and beyond? Health-oriented products, products with extra-high protein, plant-based options made from vegetables that emulate fish and meat, locally-sourced products, and manufacturing processes that minimize environmental impact: these are some of the principal trends that are setting the …
Gama spoke to Peggy Davies, PLMA President, ahead of the latest edition of PLMA – World of Private Label. What are your expectations for this edition of PLMA? What features are there for visitors to look forward to? With a record breaking 2,800+ exhibitors from 70 countries, at PLMA’s World of Private Label in Amsterdam the industry can expect a variety of trendy products, including free-from alternatives, plant-based meat, …
Dale Farm, a Northern Ireland dairy cooperative, has announced an investment of £70 million ($87.5 million) to expand its cheddar processing facility in Tyrone. The expansion will involve installing a new high-speed automated cheese slicing line, expanding the warehouse footprint, and investing in the development of new patented products and processes, the company said. It will also boost cheese production by 20,000 tonnes per year. Commenting on the investment, Dale …
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, …
Greenyard, the leading Belgian fruit and vegetable processor, has announced the acquisition of Creme de la Creme, a plant-based ice cream and frozen dessert company. According to Greenyard, the acquisition aligns with its strategy to create a full range of healthy, plant-pure products through its Greenyard Frozen division. Founded in 1999, Creme de la Creme is described as a private-label manufacturer of frozen desserts offering ice lollies, fruity pops, sorbet, …
Italian dairy firms Latteria Soresina and Zanetti have announced the acquisition of 100% of the shares in Saviola, an Italian manufacturer of Protected Designation of Origin (PDO) cheeses including parmigiano reggiano and grana padano. With turnover in 2023 of €518 million ($555 million), Latteria Soresina is best known for producing milk, butter and Italian cheeses such as gorgonzola and parmigiano reggiano. Zanetti is a leading distributor of parmigiano reggiano, grana …
William Jackson Food Group (WJFG), a leading UK food supplier, has announced the acquisition of Lottie Shaw’s, a Yorkshire-based bakery business, via its subsidiary Jackson’s of Yorkshire. Founded in 2008, Lottie Shaw’s is described as a manufacturer of biscuits, parkin, confectionery, gingerbread, cakes, tarts, and vegan baked treats. Its product portfolio also includes drinks such as Holmfirth tea, Bottegga prosecco, Marsonne Viognier red and white wine, and its own branded …
With sustainability continuing to embed itself as a mainstream concern within fast moving consumer goods (FMCG), London’s Natural & Organic Products Expo (NOPEX) once again proved a major draw for industry professionals keen to explore the latest in eco-friendly product innovation and the hottest purpose-led trends. Gama with Frank Lantz, Director of Taste, Uhh-mami With some 6,210 delegates and 600 exhibitors congregating inside ExCel’s showgrounds, the mood was characteristically engaged …
Gama spoke to Andy Mather, Brand Director for Vitafoods Europe at Informa Markets, ahead of the latest edition of the leading ingredients tradeshow. What are your expectations for this edition of Vitafoods Europe? What features are there for visitors to look forward to? Since launching in 1997, Vitafoods Europe has become the go-to annual event for the nutraceutical industry, and 2024 marks our final chapter in Geneva before the …
UK food manufacturer Samworth Brothers has announced it has completed the acquisition of Real Wrap Co, a producer of ready-made sandwiches and wraps. The Ginsters brand owner had previously acquired a minority stake in the business. Founded in 2010, Real Wrap Co. is described as a manufacturer of chilled and ready-to-heat sandwiches, wraps, salads and fruit and granola pots, as well distributing the Pollen + Grace and Flawsome brand ranges. …
Bridor, a bakery company owned by Le Duff, has announced the acquisition of Pandriks, a company that produces organic and artisan-inspired bakery products. Established in 2012 in the Netherlands, Pandriks is described as a manufacturer of raditional bakery products and organic bread under private label and through its own brand SlooOW. It operates production facilities in Meppel, Netherlands, and Fulda, Germany, supplying products both to European retail chains and customers …
Leading supermarket chain Rewe has announced it has opened Voll Pflanzlich, its first store entirely dedicated to vegan and plant-based products, located in the Friedrichshain district of the German capital Berlin. Claimed to offer over 2,700 products – twice as many as a typical Rewe supermarket, the new 212 sq m concept store lists 300 different brands, including the own label Rewe Bio + vegan, Rewe Bio, Rewe Beste Wahl …
Potato and frozen food specialist McCain has announced it has bought the outstanding shares Strong Roots, a plant-based frozen food company based in Ireland, to fully acquire the company. McCain had previously invested $55 million to acquire a minority stake in Strong Roots in 2021. Commenting on the acquisition, McCain chief growth and strategy officer Peter Dawe said: “Since 2021, our partnership with Strong Roots has reflected our ambition to …
Molson Coors has announced an investment of £100 million ($124 million) in its UK business over the next five years. In a statement, the company said the decision would allow it to increase its brewing and packaging capabilities at its largest UK facilities in Burton-on-Trent and Tadcaster, which supply the UK and Western Europe markets. Commenting on the move, Fraser Thomson, Molson Coors chief supply chain officer for Western Europe, …
Pladis, the global snacks firm, has announced it has completed the integration of chocolate firm Godiva Chocolatier into its product portfolio, alongside established brands such as Ulker and BN, and well-known British biscuit brands McVitie’s, Carr’s and Jacob’s. The strategic step will strengthen Pladis’s £3 billion ($4.05 billion) pre-Godiva annual net revenue and create a 16,000-strong global workforce, the company said. The integration process has been underway since 2023. Commenting …
St. Paul, a leading Dutch cheese processor, has announced the acquisition of Koninklijke ERU, an independent Dutch cheese dairy, to create an alliance for the production of a wide range of processed cheese products. Founded in 1824, Koninklijke ERU is known for brands such as Balans, Goudkuipje and Prestige, with a product range that includes both spreadable and American-style single-slice cheese. Commenting on the acquisition, St. Paul CEO Dieter Kuijl …
Gama spoke to Francisco López Bago, president of Grupo Gourmets, ahead of the latest edition of Salon Gourmets. What do you expect from this year’s Salon Gourmets? As in the previous edition, we will fill five halls, which means 65,000 sq m of exhibition space, nearly 2,000 exhibitors, 55,000 products… We also have eight stages where dozens of activities will take place, in addition to the more than 1,200 …
IFE, International Food & Drink Event, the annual London-based get-together for the food and drink sector, returned for its latest outing this March, once again proving a key opportunity for a diverse range of brands to pitch their wares to a UK and international audience of industry professionals. Gama with HE Inigo Lambertini, Ambassador of Italy to the UK With ExCel in London’s Docklands again playing host, IFE welcomed some …
Unilever, the multinational consumer goods giant, has announced plans to spin off its ice cream divison into a separate business entity as it seeks ways “to accelerate its Growth Action Plan (GAP)”. The ice cream business has a portfolio of the top ten most popular global ice cream brands, including Wall’s, Magnum and Ben & Jerry’s, which collectively generated revenue of around €7.9 billion ($8.53 billion) in 2023, the company …
Valeo Foods, the diversified food company, has announced plans to close a facility in the UK city of Liverpool that manufactures confectionery products. First acquired by the company in 2018, the factory employs 100 staff and is dedicated to the manufacture of the Taveners brand range of products, which includes traditional sweets such as caramels, mallows, gums and jelly. Valeo Foods UK supply chain director Lee Nicholls is reported as …
Gama spoke to Mauricio García de Quevedo, Director General at Federación Española de Industrias de Alimentación y Bebidas (FIAB). What are FIAB’s current priorities and challenges? Given the complex international scenario we are facing at the moment, there is a real need to contain cost inflation which is affecting both consumers and businesses. One of our major challenges, as far as the politics of international trade is concerned, is to …
For four days this March, Barcelona became the focus of attention for the global food and drink industry as the city’s Fira Barcelona played host to the latest edition of Alimentaria and its co-located show Hostelco. Gama with Rafael Juan, CEO, and Alberto García, Head of Communications, Vicky Foods Proclaimed the most global edition to date, with 900 of the 3,200 exhibitors hailing from outside Spain, Alimentaria&Hostelco 2024 saw particularly strong …
Kerry, a leading food and food ingredients company, has announced a “category-first” range of products made from a blend of oat milk and dairy milk, branded as Smug Dairy. The new range, which will be available in stores across the UK from the end of March, includes analogues to cheddar cheese, milk, butter and butter spread. Commenting on the launch, Kerry Dairy strategy, marketing and innovation director Victoria Southern said: …
Nestle, the Swiss consumer goods giant, has announced plans to exit the dairy and juice sector in Ecuador through a deal with Gloria Foods, a subsidiary of the Peruvian business conglomerate Gloria Group, for Ecuajugos. According to Gloria Foods, the deal includes a factory and distribution centre in Cayambe, the local brands La Vaquita, Yogu Yogu, Natura, Cereavena and Huesitos, and the licensing of the international brands La Lechera and …
Japanese brewer Asahi has announced plans to close a brewery in Greenwich, London that produces the Meantime and Dark Star beer ranges, with production transferred to the Fuller’s site in west London. According to reports, the Greenwich site will be retained but converted into a “standalone” consumer retail experience. In 2022, Asahi closed the Dark Star brewery in West Sussex, moving production to the Meantime site in Greenwich. “Asahi UK …
Multinational tobacco and nicotine products manufacturer British American Tobacco (BAT) has announced the opening of a £30 million ($38 million) “state-of-the-art” innovation centre in Southampton, on the UK’s south coast, to accelerate development of smokeless products. In a press release, the firm said it was committed to investing £300 million ($384 million) yearly in the development of new non-combustible products with a view to becoming a “smokeless” business by 2035. …
Borough Broth, a UK-based bone broth manufacturer, has announced the acquisition of SpiceBox, a food brand inspired by Indian cuisine, for an undisclosed sum. Following the acquisition, Borough Broth’s facilities in West London are set to become the primary manufacturing centre for the SpiceBox product range, which includes curry, ready-made dhal and sauces. Commenting on the move, Borough Broth founder Rosamund Heathcote said: “The Borough Broth Company’s vision was always …
Aldi, the German retail giant, has announced the launch of what it claims to be the UK’s first supermarket own-brand wine sold in paperboard bottles. The bottles utilize Frugalpac’s Frugal Bottles technology, described as being produced from 94% recycled paperboard with a food-grade pouch housing the wine. The packaging is said to be fully recyclable and to weigh five times less than a standard glass bottle. Frugalpac reported that substituting …
Muller, the German dairy giant, has announced the closure of two further factories that it acquired as part of its 2022 deal for the FrieslandCampina portfolio in Germany. The Heilbronn and Schefflenz sites, which manufacture products for the Landliebe brand, will be gradually shut down by summer 2026, impacting around 400 employees. In a statement, Muller blamed cost pressure, investment requirements and the “highly competitive” dairy category for the plant’s …
Scandza, a diversified Norway-based food and drink firm, has announced it is selling Bisca, a Danish biscuit and cake manufacturer, to Danish private-equity group Erhvervsinvest Management for an undisclosed sum. Established in 1890, Bisca produces goods such as Danish butter cookies, brownie bites, digestive biscuits, oat and wholegrain biscuits, and crackers, and has a production facility in Stege. Commenting on the move, Bisca CEO Kristian Walsoe said: “We have seen …
Vegan Food Group (previously known as VFC Foods) has announced that it has entered into an agreement to acquire Tofutown, a German-based manufacturer of plant-based foods with annual revenues of €60 million ($64 million). Founded in 1989, Tofutown is described as a large-scale supplier of natural, organic tofu, spreads and meat alternatives in the EU. It has two manufacturing sites, including one Luneburg in Lower Saxony that is described as …
Coca‑Cola HBC, the leading Coca-Cola bottler in Italy, has announced plans to invest €42 million ($45 million) to add two canning lines at its Oricola facility in Abruzzo. According to the company, It is the first time in the plant’s history that it will produce cans, as it has previously focused on recycled plastic products (RPET). The expected investment is set to double the plant’s capacity, with one line specifically …
Lantmannen, a Swedish agricultural cooperative and food manufacturer, has announced the signing of an agreement to divest its Gooh ready meal brand to Atria, a producer of food products across the Nordic countries. Launched at the beginning of 2000s in cooperation with the restaurant Operakallaren, Gooh offers a range of traditional Swedish and international ready-to-eat dishes manufactured in a commercial kitchen in Jarna, south of Stockholm. With volume sales of …
Finland-based food company Paulig has announced plans to invest €42 million ($45 million) to construct a new facility in Spain to strengthen its presence in the Tex-Mex and snacking categories in Europe. Founded in 1876, Paulig is described as a family-owned producer of coffee, snacks, plant-based products and spices, with operations in 13 countries. It has production facilities in Sweden, Estonia, UK, Spain and Belgium as well as Finland. Commenting …
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 …
Turkish bottler Coca-Cola Icecek (CCI) and its subsidiary CCI International Holland have announced the signing of an agreement to acquire peer Coca-Cola Bangladesh Beverages (CCBB) for $130 million. Established in 2009, CCBB is described as being involved in the production, sale, and distribution of Coca-Cola’s sparkling and still brands in Bangladesh. The firm has over 300 employees, one bottling plant, and three main warehouses. Commenting on the move, CCI CEO …
Danone, the French consumer goods giant, has inaugurated a plant-based beverage facility for its Alpro brand in Villecomtal-sur-Arros, southwestern France. According to the company, it invested millions of euros over two years turning the site into its sole French oat flour to oat juice site for Alpro. Once fully operational, the plant will have capacity to output over 300,000 litres of beverages per day for distribution both domestically and throughout …
Global FMCG giant Nestle has announced plans to close a dairy plant in Nicaragua due to “current global dynamics for efficient and productive operations”. Located in the northern part of Nicaragua, the Matagalpa facility specializes in the production of dairy products under the Prolacsa brand. In a statement, Juan Gabriel Reyes, CEO and president of Nestle Central America, said: “To continue offering our consumers accessible and highest quality products, we …
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 …
Italpizza, the Italian frozen pizza firm, has completed the acquisition of a Nestle pizza facility in Caudry, northern France. The company is said to be planning to invest more than €12 million ($13 million) as part of a comprehensive modernization of the facility, which was closed down after an E. coli outbreak in 2022 reportedly led to a sharp decline in sales. Presently operating in over 50 countries, Italpizza is said …
Gelato d’Italia, an Italian manufacturer of branded and private label ice cream, has announced it has completed the acquisition of local peer Giuntoli, a maker of ice creams and ice lollies. Operating in Europe and North America under brands such as Indianin, Gelato d’Italia, Gelato da Sogno and JoyVeg (the latter a dairy alternative brand), Gelato d’Italia was purchased by the US investment fund Davidson Kempner and Afendis in 2022. The acquisition …
Consumer goods giant Nestle has entered into exclusive negotiations with private equity fund FnB to sell its baby food brands in France, according to Just Food and FoodBev reports. The deal would see the company transfer its line of NaturNes baby pots, Babicao and Babivanille flavoured cereal powders, and P’tit yogurts, which are produced in Arches, France but exported globally. “This proposed sale would have no impact on the employees …
Gama spoke to Sabine Schommer, Director of ISM, following the latest edition of the confectionery and snacks tradeshow. How would you sum up this year’s ISM? We set high expectations for ourselves at this year’s ISM, and I’m pleased to say that those expectations were met. Following the one-time postponement of ISM in 2023, this year saw 1,427 companies from 74 countries—12% more exhibitors than last year—showcasing the latest trends and products, marking …
Innovatus Drinks, the UK spirits company known for brands such as Horse Guards Gin, Barentsz Gin, Pedrino Spritz and Wing Walker Rum, has added to its portfolio with the acquisition of spirit-based aperitif Sollasa for an undisclosed sum. Launched in 2021, Sollasa is described as a light refreshing spirit with a blend of Indian-inspired flavours such as mandarin, lychee and cardamom that is ideal for pairing with Pan-Asian food, as well as making cocktails. …
Gama spoke to Marina Calheiros, Coordinating Manager, ahead of the 2024 edition of Lisbon Food Affair. What are your expectations for Lisbon Food Affair 2024? What changes or new features have you introduced for this year’s event? The receptiveness of the market, particularly towards new companies, allows us to be optimistic with regard to achieving the objectives we have set for this second edition, particularly because it is taking place …
Lidl, the German retail giant, has announced it will invest €140 million ($152 million) to construct its largest logistics hub to date in Spain. Set for completion by mid-2024 and due to open in 2025, the new warehouse will be built in Martorell, near Barcelona, on a 126,000 square metre plot, complementing the retailer’s existing Catalonia distribution centre in Montcada I Reixac. The project is part of a broader expansion …
Germany confectionery firm Boettger Gruppe has announced the acquisition of Jahnke Susswaren, a specialist in liquorice sweets, from peer Ragolds Invest for an undisclosed sum. Boettger Gruppe owns Cavendish & Harvey, described as the world’s leading manufacturer of high-quality tinned and jarred hard candies, with sales in over 100 countries. It noted the brand’s growth over the last few years had resulted in it already needing to outsource some of …
Private equity fund Bridgepoint has announced it is acquiring the toiletries brand RoC Skincare from existing backer Gryphon Investors for an undisclosed sum. Founded in France in 1957, RoC Skincare is described as one of the world’s largest independent skincare brands, offering “clinically proven, dermatologist-backed” products with a focus on ageing skin. RoC Skincare is said to have achieved organic revenue growth of 70% since Gryphon Investors acquired the brand from Johnson & …
Casino, the leading French retail group, has announced it has reached an agreement to sell 288 stores and assoicated service stations to peers Auchan and Les Mousquetaires for an enterprise value of around €1.3 billion ($1.4 billion) Negotiations started last December with Casino aiming to sell almost all of its supermarkets and hypermarkets as part of a restructuring process. The disposals will take place in the second quarter of 2024, …
Oettinger, the German brewer, has announced it is acquiring JoyBrau, a brand of non-alcoholic beer known for its functional benefits. Launched in 2016, JoyBrau is most famous for its high-protein drinks, but also markets a beer with added vitamins and another with caffeine and guarana for energy benefits. “JoyBräu is maximizing well-beering around the globe by leveraging patented technology to make functional nutrition delicious, natural, and joyful for the modern health-conscious …
Yellow Wood Partners, a private equity firm based in Boston, USA, has announced that its portfolio company Suave Brands has signed a binding offer to acquire the lip balm brand ChapStick from Haleon, a consumer healthcare firm, for €468 million ($519.6 million). ChapStick lip balm first debuted in the 1880s and later diversified its product range with innovative new ingredients, skincare benefits, and flavours, Yellow Wood Partners said in a …
Italian bakery firm Galup has acquired Golosi di Salute, a manufacturer of cakes, biscuits, desserts and confectionery based in Monticello d’Alba, in Italy’s Piedmont region, according to reports in Distribuzione Moderna and ANSA. Golosi di Salute was founded in 2005 and is said to be particularly known for its use of “unconventional” ingredients including kamut, spelt and rice flours, dextrose, fructose and extra virgin olive oil. In 2017, 50% of …
Morato Group, a leading Italian bakery firm, is continuing its strategic expansion by acquiring Massimo Zero, a company specialized in the manufacture of gluten-free products made with 100% Italian flour. Based in Alto Adige, Massimo Zero will now be run by Morato Group subsidiary NT Food in partnership with Botzen Invest, a local investment company. Commenting on the deal, Morato Group CEO Stefano Maza said: “We are very proud to …
DayDayCook (DDC), the specialist in ready-to-cook and ready-to-eat Asian foods, has announced it has entered into an agreement to acquire 51% of GL Industry, an Italian producer of specialized Asian ready meals. GL Industry sells its products to over 7,000 European retailers under private labels as well as under its own Asiamama and Sushimama brands. The firm currently manages two production facilities and generated around €11 million ($12 million) in sales in 2023. The …
FMCG giant Danone has announced plans to close its yoghurt factory in Parets del Valls, Spain to enhance “the competitiveness of brands” and bolster “industrial efficiency”. “From this moment on, Danone Spain will work together with the legal representation of the workers to offer the best possible solutions, and minimise the impact on the employees of the plant”, the company said in a statement. The closure will reportedly affect 157 …
Candy Factory, a leading Italian confectionery manufacturing group, has acquired Monk’s, a historical brand of balsamic sweets produced by Akellas. Manufactured in the Milan area since 1954, Monk’s candies are marketed in Italy and in some parts of Canada, Switzerland and Japan. With the acquisition, Candy Factory is reportedly aiming to bolster its international presence. Candy Factory, which was formed in 2022 through the merger of Casa del Dolce and …
UK poultry producer Bernard Matthews has announced plans to close a factory in Great Witchingham, Norfolk that makes cooked meats, with up to 600 jobs potentially affected, according to reports in Food Manufacture and Eastern Daily Press The company has reportedly already ceased production at the plant, having concluded it is no longer commercially viable due to rising costs, despite investment in recent years. It also cited lower consumer demand …
Global FMCG giant Nestle has announced an investment of $100 million to expand its Tri An coffee facility in the southern Vietnamese province of Dong Nai. According to the company, the investment will help to meet growing local and international consumer demand for high-quality coffee. The Nestle Tri An factory exports coffee products from brands such as Nescafe, Nescafe Dolce Gusto and Starbucks to more than 29 countries all over …
Arla Foods, the Danish dairy cooperative, is making an investment in Finland to boost its manufacturing capacity in the country. The firm has now fully acquired Massby Facility and Service, a property management company that services a dairy in Sipoo, near Helsinki, enabling it to take over production and office premises previously used by Unilever. Arla is also planning to invest €11 million ($12 million) in a new snack production …
Gama spoke to Josep Antoni Valls, director general, ahead of the latest edition of Alimentaria. Read the interview in the latest issue of Gama News. What are your expectations for Alimentaria&Hostelco 2024? The 2024 edition will be the most international to date. More than 900 out of the 3,200 exhibiting firms expected will be international, coming from more than 60 countries. The show also anticipates 25% international visitors (around 25,000) and …
L’Occitane, the premium French toiletries firm, has announced it is expanding its presence in home fragrance with the acquisition of Dr. Vranjes Firenze. Founded in 1983, Dr. Vranjes Firenze “encapsulates the essence of Florentine artisanship combined with the innovation of fragrance science”, L’Occitane said in a statement. It further described the brand as being “at the forefront of luxury home scents”, with sales in over 75 countries, 650 points of sale and …
CTH Invest, a Belgian holding company associated with confectionery major Ferrero, has announced that it has entered into exclusive negotiations to fully acquire the Michel et Augustin food and drinks brand from French consumer goods giant Danone. Founded in 2004, Michel et Augustin markets biscuits, dairy products, fresh desserts and beverages. It was acquired by Danone in 2016. In a statement, Ferrero said the planned acquisition would strengthen the Ferrero …
Gama spoke to Ian Wright CBE, Co-Chair of the Food and Drink Export Council. What challenges are consumers facing and how should suppliers respond? “The cost of living is a major problem right the way around the world and it’s making a big difference to the ability of our customers, our consumers and most importantly our shoppers to be able to choose the products that they want from the widest …
Gama spoke to Federico Dellafiore, event manager, ahead of the latest edition of IFE, International Food & Drink Event. Read the interview in the latest issue of Gama News. What are your expectations for IFE 2024? What new features are there for visitors to look forward to? We’re so excited for the industry to experience IFE 2024. Alongside popular returning features such as the New Products Tasting Theatre and the Start-Up Market, …
Pfeifer & Langen, a German sugar and snacks firm, has taken a majority stake in Rugenwalder Muhle, a manufacturer of meat and meat alternatives. According to a Vegconomist report, the deal forms part of Pfeifer & Langen’s strategy to expand in the plant-based space. The company already has stakes in Vbites and Endori, which manufacture vegan products. Rugenwalder Muhle, which began life as a meat products specialist, evolved its portfolio in …
Italian tomato producer Casalasco has signed an agreement to acquire 70% of De Martino, a trading company specialised in distributing Italian canned food over the world. De Martino has built an export network with major players in Japan, South East Asia and Scandinavia, and generates approximately €40 million ($43 million) from tomato-based canned food distribution. The agreement, which follows Caslasco’s 2022 acquisition of Emiliana Conserve, will allow the company to export around …
Kofola, a Czech-based non-alcoholic beverages company, has announced the acquisition of Pivovary CZ Group, a producer of traditional beer brands such as Holba, Zubr and Litovel. Pivovary CZ Group is the fifth largest beer company in the Czech Republic with a workforce of almost 500. With the acquisition, Kofola said it planned to bolster its presence in beers with export potential. Kofola will hold a 51% stake in the company, with …
French retailer Casino Group has announced the opening of a new store in Belgium under the convenience store banner Monoprix, the first one in the country. According to sources, the new store will be located in the centre of Waterloo, where Transversale – the firm’s master franchisee – has already collected a permit from local authorities to open the business. The new store is planned to operate in a 3285 …
Gama spoke to Yannick Verry, Brand Manager, ahead of the latest edition of Fi Europe. What are your expectations for this year’s FI Europe? For Fi Europe 2023, expectations are high as we anticipate the convergence of over 25,000 F&B professionals and 1,400 exhibitors. The goal is to facilitate invaluable connections, showcasing new products, suppliers and solutions. The event’s diverse highlights, including the Future of Nutrition Summit, the Fi …
Leading Spanish-based snacks company Grupo Apex has announced the acquisition of a frying facility in Aleson, in Spain’s La Rioja region, as it seeks to bolster its manufacturing capability. According to a FoodBev report, the facility had been closed since 2021 but was previously operated by Patatas Lahera. Grupo Apex plans to produce crisps and other savoury snacks in the new plant, which includes a continuous production line, two industrial …
Hive Bidco, a wholly-owned indirect subsidiary of US confectionery firm Mars, has signed an agreement to acquire Hotel Chocolat, a UK chocolate manufacturer and retailer, in a deal worth £534 million ($663 million). Hotel Chocolat established its first store in North London nearly two decades ago, subsequently expanding to over 130 UK locations. The firm also has a presence in Japan and the Caribbean. Commenting on the acquisition, Mars Snacking …
LDC Group, the French poultry processing giant, is reportedly negotiating to acquire Indykpol Group, a Polish firm specialising in turkey meat. According to an article in Just Food, LDC is in “advanced” talks with Rolmex, Indykpol’s owner, to buy the company. Indykpol is said to have reported sales of €228 million ($244 million) in 2022. The firm owns a processing plant located in northern Poland, as well as more than …
Hero, the Swiss preserves, snacks, and infant nutrition manufacturer, has announced plans to close its jam-making factory in Lenzburg, Switzerland, where the firm also has its headquarters. The decision was taken by the board after employee proposals submitted during the consultation period did not provide a viable alternative, the company said in a statement. The plant was opened in 2011 but never managed to reach adequate capacity utilization, a situation further …
Ornua, the Irish dairy cooperative, has announced a €40 million ($44 million) development at Kerrygold Park, its butter production facility in Mitchelstown, Ireland. This investment will increase Kerrygold Park’s annual processing capacity to 80,000 tonnes of butter, equivalent to over 1 million packs daily. Commenting on the move, Ornua co-operative chair Aidan O’Driscoll said: “We are […] passionate about growing the brand’s global status further and focused on safeguarding the …
UK food manufacturer Premier Foods has announced the acquisition of breakfast brand Fuel10K in a deal worth £34 million ($41.2 million). The Fuel10k range includes granola, porridge, biscuits, and high-protein snacks, and has reportedly recorded strong double-digit revenue growth over the last three years. Commenting on the acquisition, Premier Foods chief executive officer Alex Whitehouse said: “FUEL10K provides us with an ideal platform to accelerate our expansion into the Breakfast …
Global spirits firm Amber Beverage Group (ABG) has announced plans to invest €35 million ($35.9 million) in a new distillery for its Walsh whiskey business in Dunleckney, Ireland. The new facility will become the home for the premium brand Writers’ Tears and The Irishman, and is expected to reach a production capacity of 4 million litres of pure alcohol annually. Commenting on the investment, ABG CEO Jekaterina Stuge said: “This …
AG Barr, the UK-based soft drinks firm, has announced the acquisition of soft drinks brand Rio from independent brewer Hall and Woodhouse in a deal worth £12.3 million ($15 million). The acquisition will complement AG Barr’s current portfolio, which includes brands such as Irn-Bru, Boost, Funkin, and Rubicon. The Rio brand has been marketed, sold and distributed on an exclusive licence basis by AG Barr’s recently-acquired Boost Drinks division since …
Imiracle, the Hong Kong firm behind the leading Elf Bar e-cigarette brand, has announced it is foraying into the nicotine pouches category with the launch of the Tacja brand in the UK, Sweden and Switzerland. The range comes in eight flavours identified as either “mellow” or “frozen”, and in nicotine strengths of 20mg, 18mg and 12mg per gram, with flavour release reportedly lasting for up to half an hour. “Thanks …
Gama with Tomás Fuertes, Chairman and Rafael Fuentes, CEO, ElPozo 140,000 food and drink professionals from over 200 countries packed the halls of Kolnmesse’s extensive showgrounds in the German city of Cologne in early October, as Anuga once again proved itself to be the world’s stand-out event for the consumer goods industry. Altogether, nearly 8,000 visitors set up stall across the numerous pavilions, which as usual were organised largely by …
Nolet, the leading Dutch distiller, has announced an agreement to buy its fellow spirits firm Lucas Bols in a deal worth approximately €269.5 million ($286.2 million). In a statement, the two companies said the deal would create “a Dutch champion in the global spirits and cocktail market”, adding they see “a unique opportunity to bring two leading […] companies with a rich heritage under one Dutch flag”. Lucas Bols will …
Netherlands-based commodities firm Louis Dreyfus Company (LDC) and Polish private label coffee manufacturer Instanta have announced the opening of a new plant in Binh Duong province, Vietnam, for the manufacture of freeze-dried coffee. The joint venture facility, which will have an annual production capacity of 5,600 tonnes, was established to meet rising global demand for instant coffee, particularly more premium freeze-dried coffee. The facility’s product offering is tailored to meet the preferences of …
Little Moons, the UK maker of mochi desserts, has announced plans to open a new 50,000 sq ft production facility in Kettering in the first half of 2024, according to reports in The Manufacturer and Grocery Gazete. The move comes after the company reportedly nearly doubled its turnover to £68.5 million into the 18 months to December 2022, thanks to expanding distribution in UK grocery retail and a growing international …
Gama spoke to Jan Philipp Hartmann, Director, ahead of the latest edition of Anuga. What are your expectations for this year’s Anuga? This year’s Anuga is really something to behold. With more than 7,800 exhibitors from 118 countries and a fully booked net exhibition area of about 300,000 sq m, we are ensuring that this year’s Anuga will once again build on its pre-pandemic successes. The foreign share is …
Beiersdorf, the German health & beauty group, has announced the official opening of its new €300 million manufacturing plant in the German city of Leipzig. Three lines are currently in operation at the factory, with two more set to follow shortly. The plant is expected to produce up to 450 million products each year, in particular deodorants, hair sprays and shaving foams for both the European and export markets. Commenting on the …
Carrefour, the leading French supermarket chain, has announced it has entered into an agreement with Spanish peer El Corte Ingles to acquire 47 stores under the SuperCor banner. The stores involved in the transaction are located mainly in the Madrid, Catalonia, Andalucia and Comunidad Valenciana regions, and have an enterprise value of €60 million ($62.1 million). In a press release, the company said the acquisition would strengthen its geographical presence …
Mid-September, and the attention of tobacco and nicotine businesses was once again drawn to the German city of Dortmund as the latest edition of InterTabac, the industry’s global flagship trade event, opened its doors for three days of networking, conferences and exhibitions. At 13,500, visitor numbers were said to be up on 2022, while exhibitor representation was also strong with 680 companies (representing 60 different countries) showcasing their latest concepts …
Albert Heijn, the leading Dutch supermarket chain, has announced the launch of a new plant-based line comprising 200 products under the brand AH Terra. The new line-up includes plant-based dairy alternatives for coffee, hummus and vegetable spreads, plant-based cheese and meat alternatives, non-dairy mayonnaise, margarine, snacks, and plant-based shrimp. Commenting on the brand launch, Albert Heijn CEO Marit van Egmond said: “To drive the protein transition and to expand our …
Britvic, the UK-based non-alcoholic drinks firm, has announced plans to invest £6 million ($6.84 million) to expand production capacity at its Ballygowan facility in Newcastle West, Ireland, creating 28 new jobs. The investment is intended to expand the site’s production capacity by over 20% to meet increasing demand for Ballygowan mineral water. It will also provide additional bottling capacity for 50 million recycled and recyclable 500ml bottles. Commenting on the …
Fuchs, the German spices and seasoning specialist, has announced plans to invest in Romania to expand and upgrade its existing manufacturing assets. In a statement, the company said the investment of more than €14 million ($15 million) would go towards the construction of a new production building with state-of-the-art facilities. The move is intended to “accelerate [the company’s] ambitious growth targets in the branded and private label business in the …
Gama spoke to Nicola Woods, Event Manager, ahead of the latest edition of Speciality & Fine Food Fair. What are your expectations for this edition of Speciality & Fine Food Fair? We’re so excited for this year’s event! The speciality food & drink industry is an amazing place to be at the moment, with huge enthusiasm from consumers, inspiring innovation from producers and a real sense of discovery for …
Iceland, the UK frozen food retailer, has announced the launch of 500 new exclusive products in its Iceland and The Food Warehouse stores, as well as its concessions in The Range. The new range includes ready meals under brand licences such as TGI Fridays, Yo!, Cathedral City, Blue Dragon and MyProtein, as well as own brand offerings. Sweet options are also being expanded through items such as Mars Galaxy cookie …
Lieken, the German manufacturer of bread and other baked goods, is scaling back its manufacturing operations with the closure of a production line at its factory in Ludersdorf, Mecklenburg-Vorpommern. The closure, which will reportedly affect around 80 jobs, is said to be part of a strategic decision to refocus the business on its core categories of sandwich loaves and other sliced bread. According to a report in Lebensmittel Praxis, the …
Britvic, the UK soft drinks maker, has announced it is adding a sixth bottling line to its Beckton facility in East London via a £22.5 million ($28.6 million) investment. The expansion is designed to help support Britvic’s long-term growth ambitions in Britain, increasing production capacity at the site by nearly 30%, the company said. The new line will produce carbonated soft drinks under brands such as Tango and Pepsi Max, with the first …
Asda, the UK grocery retailer, has announced the launch of a new line of cooking ingredients under the banner Cook By Asda. The new line-up of over 130 “affordable, high-quality” pre-prepared ingredients is intended to inspire shoppers to experiment with different flavours, the company said, identifying product highlights such as gochujang, massaman and laksa spice pastes, chipotle breadcrumbs and nooch seasoning. The range is described as spanning more than ten …
Diageo, the leading alcoholic drinks firm, has been given the green light to proceed with the expansion of a facility in Northern Island that acts as a primary manufacturing site for the firm’s Baileys brand of cream liqueur. According to reports in the Irish Times and Food Manufacture, the £26 million ($33 million) expansion of the firm’s Mallusk site in Country Antrim has now been approved by planning authorities, around …
Gama spoke to Sabine Loos, Managing Director of Westfalenhallen Unternehmensgruppe, ahead of the latest edition of InterTabac. What are your expectations for this edition of Inter Tabac? I’m full of anticipation and very excited about InterTabac and InterSupply 2023. I’m particularly looking forward to the many new products that are traditionally presented at the show, and also to the many contacts and discussions with people in the industry. Overall, I’m …
French multinational retail group Auchan has announced the acquisition of Grupo Dia’s operation in Portugal, where the company currently operates 489 stores. According to sources, the deal includes all 489 stores under the Minipreco and Mais Perto banners, three warehouses, licenses and assets necessary for the operation. In addition, the agreement guarantees the integration of 2,650 Minipreco employees. Martín Tolcachir, global executive president of Grupo Dia commented: “Our goal is …
Iceland, the UK frozen food retailer, has announced plans to close its five-strong Swift convenience store chain, according to an article in Retail Gazette. The Swift convenience store model was launched in November 2021 on a trial basis in Newcastle upon Tyne, before expanding to London in March 2022. Unlike its larger format stores, Iceland’s Swift banner focused on ambient, chilled and fresh groceries, with a focus on ready-to eat …
Alcoholic drinks firm Diageo has announced a €25 million ($28 million) investment in a new facility at its St James’s Gate site in Dublin, Ireland to boost production of alcohol-free stout under the Guinness 0.0 brand. The production facility comprises six 500,000-hectolitre vessels with a total capacity of 90 million pints. The two-storey building houses a cold filtration system that removes the alcohol. Commenting on the investment, Diageo Ireland managing …
Global retail giant Carrefour has entered into an agreement to acquire the Cora and Match banners in France from Louis Delhaize. Cora and Match operate 60 hypermarkets and 115 supermarkets and have a workforce of around 24,000. Carrefour said the acquired stores would complement it geographically, especially in eastern and northern France, where it currently has limited presence. The transaction includes acquiring real estate for 55 hypermarkets and 77 supermarkets. …
Chemicals giant Ineos is foraying into the UK retail household care industry with a range of cleaning detergents and other products launching exclusively in Asda. The new range is described as being developed with proprietary technology that introduces “active fragrances” designed to improve well-being and promote better sleep. Commenting on the launch, Ineos Hygienics chief operating officer Rory Tait said: “All of our products are designed to bring the benefits …
Lactalis, the French dairy giant, is investing $2.6 million to expand production in Bosnia and Herzegovina, according to a Food Business Africa report. In a statement, the firm said the 788 sq m facility was expected to increase milk manufacturing capacity by 16%, allowing it to bolster production of its Dukat and Alpsko Mleko brands. Lactalis’s Bosnia and Herzegovina subsidiary reportedly processes over 45 million litres of milk per year, with half of the …
Emmi, the leading multinational dairy firm, has announced it is selling Glaserne Molkerei, a producer of organic dairy products from north-eastern Germany, to private equity firm Mutares. Emmi first invested in Glaserne Molkerei in 2012 and fully acquired the business in 2016. The German firm generates around €100 million (S110 million) in revenue from a range of products, including milk, butter, yoghurt, buttermilk and cheese. “The transaction is consistent with …
Gourmet Italian Food, a diversified food manufacturer, has announced the acquisition of Firma Italia, an Italian producer of dried ready meals. Firma Italia was founded in 1995 by Silvano and Mario Birolo and produces a wide range of ready meals, including pasta, risotto, soup, sauces and ethnic meals. Gourmet Italian Food was founded in 2021 by Alcedo SGR and FVS SGR, combining the former’s Eurochef business and the latter’s La …
Royal Unibrew, the Danish brewing and beverage company, has signed an agreement to acquire non-alcoholic drinks firm Vrumona from Heineken in a deal worth €300 million ($315 million). Vrumona is a Dutch soft drinks company with a brand range including Royal Club, Sisi, Sourcy, as well as being a bottler for partner brands such as 7 Up, Pepsi and Rivella. Vrumona’s seven production lines at its factory in Bunnik produce …
Coca-Cola HBC, the Swiss-based soft drinks bottler, has announced it has reached an agreement to acquire to acquire Brown-Forman Finland, owner of the Finlandia vodka brand, for $220 million. The company said the acquisition would strengthen its portfolio across more of its markets, enhancing its position as a leading 24/7 beverage partner through mixability opportunities with non-alcoholic products and partnerships with customers in Horeca channels. Finlandia was established in 1970 …
Grupo Apex, a leader in the Spanish snacks market, has announced the acquisition of Patatas Fritas Santo Reino, a manufacturer and distributor of traditional crisps and other salty snacks. The acquisition will give Grupo Apex its eighth factory in Spain and expand the company’s manufacturing presence to the Andalusia region. “The acquisition allow Grupo Apex will […] improv[e] the Group’s coverage throughout the national territory, which will in turn improce …
Multinational tobacco firm British American Tobacco has announced the opening of a new innovation hub in the Italian city of Trieste focusing on “new category” products such as e-cigarettes, novel oral nicotine and heated tobacco. In a press release, BAT said the hub would include laboratories, production offices, technical rooms, 12 production lines for new category products, a digital boutique and innovation lab, and was aligned with its efforts to …
Leading Danish brewer Carlsberg has announced that the company is investing 1.5 billion UAH ($44 million) in its Ukraine operations in 2023. In a press release, the company said the investment would be used to install a new production line to increase capacity for canned products. Oleh Khaidakin, managing director of Carlsberg Ukraine, said: “This line will optimize operations, meet consumer demand for canned products, and increase the manufacture of …
Sofina Foods, a Canada-based supplier of pork and seafood products, has announced plans to close its Young’s plant on Marsden Road in Grimsby, UK. According to a FoodBev report, Sofina Foods had determined the Marsden Road site was no longer viable, and now planned to transfer white fish processing operations to the Humberstone Road site in the town, and smoked operations to an existing site in Fraserburgh, Scotland. “If the …
Italian food producer Barilla has announced that the company is investing €1 billion ($1.09 billion) in a bid to expand both domestically and internationally. According to an article in Corriere Della Sera, the company is intending to allocate half of the total to its Italian business, boosting its competitive position and assisting efforts at internationalization. In addition, Barilla is claimed to be planning a new base in the Netherlands from …
PepsiCo, the global snacks and drinks giant, has announced an investment of £58 million ($67.3 million) to scale its long-standing facility in the UK city of Leicester. In a statement, the company said the investment would be used to increase production capacity, replace gas-fired ovens with ones runing on renewable electricity, installing compact packaging equipment to decrease plastic usage in snack multipacks, and invest in the development of additional ranges …
Paramount Retail Group (PRG), a UK owner of pet care and food brands, is acquiring all the assets of upscale chocolate maker Montezuma’s, according to a FoodBev report. Commenting on the deal, Ravi Sharma, executive director at PRG, said: “The purchase of Montezuma’s will strengthen our confectionery division offering instant synergies with our existing brands and manufacturing facilities ‘Bristow’s of Devon’, giving a strong presence in hard-boiled, fudge, toffee, and …
German dairy firm Muller has announced plans to close its dairy plant in Cologne, Germany with the reported loss of up to 220 jobs. The company blamed a decision by regulators to require it to divest the Tuffi brand as part of its wider acquisition of FrieslandCampina’s portfolio in Germany. “Conditions imposed by the Bundeskartellamt prevent continued economic operation [of the factory]”, Muller said in a statement. The plant is expected to …
Greenyard, the leading Belgian fruit and vegetable processor, has announced it has acquired Gigi Gelato, a start-up firm based in the Netherlands that produces dairy-free Italian-style ice cream. Gigi Gelato, which is in sold in European markets, is a pure-plant product that provides an answer to today’s consumer search for healthier alternatives in indulgence products like ice-cream, Greenyard said in a statement. The product is currently availabe in Strawberry Blueberry …
Warsteiner, the leading German brewing company, has announced a €20 million ($21.6 million) investment in its factory in Herford, Rhineland-Palatinate, according to a report in LebensmittelPraxis. The money will predominantly go towards a new bottling line, but funds have also been earmarked for logistics and marketing. The production line, which is expected to be operational in the summer of 2024, will allow the Herford site to expand into new product categories, …
Gama spoke to Peggy Davies, PLMA President, ahead of the latest edition of PLMA – World of Private Label. What are your expectations for this edition of PLMA? We have seen tremendous interest from the industry; thus, expectations are high. We expect two dynamic days of business meetings, sharing ideas and sourcing for new products. Are consumers switching to private label brands in response to cost-of-living pressures? If …
French retailer Auchan has announced the opening of it first store in Algeria, with doors expected to open in Q4 of this year. In a press release, Auchan said the expansion to Algeria, which is the third country that the group has entered in Africa after Senegal and Cote d’Ivoire, has been made possible through a global partnership with the Great Way Group, a major player in the retail sector …
Italian firm Sofidel, one of the world’s leading manufacturers of household paper products, has announced the acquisition of German peer Hakle for an undisclosed sum. In a press release, Sofidel said it was acquiring the toilet tissue brand Hakle, the moist tissue brand Hakle Feucht, and the kitchen towel brands Dick & Durstig and Servus, as well as their respective intellectual property rights and domains. Commenting on the acquisition, Philippe …
Dutch convenience retailer Spar has announced its first foray into the Latin American market with the opening of an outlet located in Paraguaian city of Luque. In a statement, Spar said the new store, which opened on 5th May, is operated by Amiria Group, which has been granted a license to operate the brand in the market. Amiria Group already operates a local retail business under the banners Los Jardines and …
This April, thousands of delegates descended on the National Exhibition Centre (NEC) in Birmingham, as stakeholders from across the hospitality, manufacturing, grocery and speciality & convenience retail sectors once again gathered together for the 2023 edition of the Food & Drink Expo. Altogether, over 1,500 suppliers took to the show floor to showcase their latest product offerings. As ever, the flagship exhibition was co-located with the Farm Shop & Deli …
Scandinavian Tobacco Group, the leading tobacco firm, has announced the acquisition of XQS International, a maker of tobacco alternative products. The transaction value consists of an upfront payment as well as an earn-out agreement. Assuming all targets are met, the total purchase price will be about 150 million DKK ($22 million) and it will be fully financed by cash at hand and debt. In 2022, XQS International’s reported net sales were …
London’s ExCel exhibition centre played host to yet another showcase of global innovation in mid April, as Natural & Organic Products Europe (NOPE) returned for its latest outing in the heart of the UK capital. Boasting a range of “the best, most environmentally friendly, health-conscious” products covering all sectors of the fast moving consumer goods (FMCG) industry, NOPE attracted more than 7,300 visitors all keen to take in the latest …
German retailer Tegut has announced the acquisition of organic supermarket chain Basic after the latter reportedly ran into financial difficulties. Headquarted in Munich, Basic has a network of 19 outlets and headcount of 500. Commenting on the deal, Basic CEO Christoph Eich said: “We are very pleased to now be a part of the Tegut family. For our colleagues, this is the end of a period of uncertainty. Our customers …
Gama spoke to Giorgio Rigali, Head of Communications, ahead of the latest edition of Food & Drink Expo. What are your expectations for this year’s Food & Drink Expo? This year’s Food & Drink Expo is shaping up to be one of the biggest yet. The UK food and drink industry is fast-paced and constantly evolving, with businesses recognising the role of large face-to-face events in helping spread their …
Zur Muhlen Gruppe, a leading European business in the meat industry, is set to acquire Eberswalder, a manufacturer of sausage products based in the German capital Berlin, according to a report in Lebensmittel Praxis. “Our customers have appreciated our traditional recipes for three generations and they can continue to count on this in the future”, Sebastian Kühn, managing director of EWG Eberswalder Wurst is quoted as saying. The company is reported as …
FMCG giant Kraft Heinz has reached an agreement to sell its baby food business in Russia to Chernogolovka, a domestic food and drinks manufacturer, according to a Reuters report. The deal includes the brands Umnitsa and Sami S Usami and was reportedly already in progress prior to the conflict in Ukraine. “The decision to sell is a commercial decision in the best interests of our people and the local communities …
Blady Gros, the holding company behind fish processor Blady Tuna Market, has reached a deal to acquire a majority stake in Grupo Cerdeimar, a traditional fish cannery based in Spain’s Galicia region. The deal reportedly comes after Grupo Cerdeimar, which traces its history back to 1884, found itself in financial difficulties earlier in the year. According to articles in El Economista and Revista InfoRetail, Blady Tuna Market has achieved rapid sales growth …
Dr. Oetker, the leading food manufacturer, has announced its intention to acquire Galileo, a maker of frozen pizza snacks based in the German town of Trierweiler. The company, which is already prominent in the pizza category with its Ristorante brand, said it would acquire Galileo’s production facility in Trierweiler and take over all its existing 200 employees. Galileo produces pizzas, donuts, bagels, flat breads, and sweet baked goods and is represented …
Carrefour, the leading French supermarket chain, is planning to open up to 18 local stores under the Potager City banner by the end of the autumn, according to a report in LSA. An addition to the firm’s Carrefour Proximite portfolio of convenience stores, Potager City aims to cater to the essential food needs of city-dwellers with a range of high-quality fresh produce, and is in addition to to the range of fruit …
Staged alongside IFE Manufacturing and Hotel, Restaurant & Catering (HRC), the 2023 edition of IFE, International Food & Drink Event welcomed more than 27,000 buyers and other delegates from the worlds of retail, wholesale and hospitality, all keen to get the latest insights into the UK food and drink sector. Adjacent to the product booths, the Sustainability Stage saw sessions on building resiliency into the UK’s food systems, meeting evolving …
Sainsbury’s, the UK grocery retailer, has announced what it claims is a UK first, with the launch of a new line of laundry detergents in cartons, replacing its existing 750ml plastic bottles. The supermarket chain said the switch from plastic to cardboard would halve carbon emissions associated with the range, as well as taking 13 lorries off the road and saving around 22 tonnes of plastic annually. The laundry liquid has also …
Gama spoke to Sabine Schommer, Director of ISM, ahead of the latest edition of the confectionery and snacks tradeshow. What are your expectations for this edition of ISM? ISM offers the industry the opportunity to look beyond current challenges and focus instead on finding solutions, discussing ideas and getting inspiration – all that from 90,000 square metres of exhibition space! It’s here that market-leaders and smaller players alike come together to …
French frozen food retailer Picard has announced plans to open 20 new franchise stores in 2023, incorporating the “Bienvenue en cuisine” (“Welcome to the kitchen”) concept unveiled by the retailer at the end of 2022. Picard’s “Bienvenue en cuisine” format is described as featuring a new reception and “entertainment island”, focusing not only on frozen products, but also other bulk products and kitchen accessories, and more diverse product lines encompassing …
Spanish dairy firm Pascual has set up its first manufacturing unit in Africa, producing and marketing milk for the Angolan market. According to an article in Revista Inforetail, the move is part of company plans to nearly triple its international turnover over the next three years. Pascual is said to have been operating in Angola for more than 25 years via an export model and currently has market share of …
Gama spoke to Philippa Christer, event director, ahead of the latest edition of IFE, International Food & Drink Event. What are your expectations for this year’s IFE? I’m so excited for this year’s edition of IFE. There are so many new aspects of the show and additional features for visitors to explore. This year we’ve introduced the Startup Market for newly launched food & drink brands and the New Products Tasting …
UK-based dairy firm Pembrokeshire Creamery has announced that the company is investing in its first manufacturing facility, a milk processing site in Pembrokeshire Food Park, in the Welsh town of Haverfordwest. According to a Business Live report, the new milk-bottling facility is currently under construction and it is expected to create 80 jobs over the next three years. The firm will reportedly invest £17 million ($20.4 million) in the 3,000 …
Muller, the leading Germany dairy firm, is to divest the Tuffi brand of milk and cheese products to a third party dairy company. The sale was a condition of Muller’s purchase of part of FrieslandCampina’s portfolio in Germany, which has just been greenlighted by competition regulators. Similar anti-trust concerns lay behind the regulator’s decision to require Muller to grant exclusive, irrevocable brand licences for use of the Landliebe brand for an unlimited period. “With …
Fazer, the leading Finnish food group, has announced it will be ceasing dairy production at the Koria factory in southern Finland by the end of August 2023, with 82 jobs expected to be affected. Fazer noted it was only a small player in the highly-competitive Finnish dairy industry, mainly producing private label products, and that the changes were part of its strategy to focus on its core plant-based business. “Efficiency …
Spanish retailer Dia is exploring the possibility of selling its business in Portugal, where it operates under the Minipreco banner, according to reports in Jornal de Negocios and Inforetail. The company currently has 499 Minipreco supermarkets in the country, 297 of which are said to be operated under franchising arrangements. Dia also owns three distribution centres in Portugal. The retailer has hired Societe Generale as a financial advisor to study …
Coca-Cola Europacific Partners (CCEP) has announced an investment of over €40 million ($43 million) in a new production line at its factory in Luneburg, Germany for reusable glass bottles. The new filling line, which is expected to be operating by summer 2024, is designed for the Coca-Cola, Fanta and Sprite brands. 30 new jobs are expected to be created as a result of the expansion. “For the future, we see …
UK confectionery firm Serious Sweets Company has announced the acquisition of Mallow & Marsh, a producer of handmade marshmallow products. Serious Sweets Company is a supplier of confectionery to major retailers and foodservice and manufactures private label products such as fudge, toffee, marshmallows, brittles and butterscotch. The acquisition will add a premium marshmallow business to its portfolio. Rob Whitehead, Serious Sweets Company founder, said: “The opportunity for premium confectionery sits …
Gama spoke to Danila Brunner, Director of Biofach / Vivaness, ahead of the latest edition of the organic consumer goods tradeshow. What are your expectations for this edition of Biofach? After the one-off BIOFACH and VIVANESS Summer Edition 2022, we are looking forward to seeing the organic sector again from 14th to 17th February 2023. We expect over 2,700 exhibitors for the combined BIOFACH and VIVANESS trade fair from more than …
Gama spoke to Marina Calheiros, Coordinating Manager, ahead of the inaugural edition of Lisbon Food Affair. What is the rationale and the vision for Lisbon Food Affair? Lisbon Food Affair has a distinguishing positioning, featuring a strong commitment to innovation, sustainability, and internationalization adapted to the recent needs and demands of consumers/markets and, consequently, to the challenges of companies and the global market, with emphasis on foreign representative participation. In …
Burts Snacks, the firm behind the Burts brand of upscale crisps, has been acquired by Europe Snacks, the self-proclaimed leading pan-European private-label player in savoury snacks, according to a report in Insider Media. Founded in 1995, Burts Snack is predominantly known for traditional potato crisps but has also recently expanded into ridged crips and lentil chips. Commenting on the move, Jitu Patel said “Burts provides high quality snacking and has …
Danone, the French consumer goods giant, has inaugurated its new Daniel Carasso Research & Innovation Center in Paris with the aim of creating “the products of the future” The new centre, located on the Paris-Saclay campus, will be dedicated to development and innovation in the categories of “fresh dairy and plant-based products” and “natural mineral water” . In a statement, Danone said the facility would have state-of-the art laboratories to research …
Dole, a global leader in fresh produce, has announced it has entered into an agreement to sell its fresh vegetables division to Fresh Express, a subsidiary of fruit supplier Chiquita, for approximately $293 million in cash. The fresh vegetables divisions comprises operations related to the processing and sale of whole produce, as well as salads and meal kits. It has agricultural operations and four processing facilities across the US, employing over 3,000 …
The latest innovation insight from Gama Compass MANCHESTER – 31st January 2023: This month’s Innovation Insight spotlights a new launch aiming to ally the distinct virtues of chilled and dried soup through a novel ‘ice cube’ format – Soupologie Souper Cubes. An extension to Soupologie’s health-focused line of ready-made, vegetable-forward soups in the UK, Soupologie Souper Cubes are a novel retail format that seeks to combine the convenience and dosing advantages of …
German meat producers Radeberger Fleisch- und Wurstwaren Korch (Korch) and Hermann Wein have announced the two businesses are to combine, according to a report in Lebensmittel Praxis. Korch’s Original Radeberger Premium Lachsschinken ham is said to be particularly popular in the former east, while Hermann Wein is described as the market leader in Germany for black forest ham. Rieker Investment, which acquired a stake in Korch in 2022, will remain a shareholder in …
Toujust, a new French grocery retailer, is planning to make its debut in the first quarter of this year, promising prices that are up to 10% lower than its direct competitors. The chain, whose name is a play on the expression “tout juste” (“just right”), will be 25% owned by its suppliers, with whom the company intends to work directly to eliminate the costs associated with intermediaries. The model is …
UK based supermarket retailer Sainsbury’s has signed a partnership agreement with takeaway food app Just Eat for rapid grocery deliveries. According to an article in Retail Gazette, the partnership will allow Sainsbury’s customers to benefit from 30-minute deliveries. In a first phase, the service will be available in London, Edinburgh and Bristol, launching in 175 stores by the end of February 2023, although Sainsbury’s plans to extend the service to …
German chewing gum manufacturer AsCom Confection has taken over confectionery producer Bodeta after the latter had filed for insolvency, according to a report in Lebensmittel Praxis. Bodeta was reportedly struggling financially due to rising energy and raw material costs, leading the firm to trigger a process of self administration in order to restructure its business. According to sources, Bodeta’s 120 employees will remain in post, with the firm continuing to …
Latteria Soresina, the leading Italian dairy cooperative, has announced the acquisition of Fratelli Oioli, a dairy company specialising in the production of gorgonzola cheese with protected designation of origin (PDO). In a press release, Latteria Soresina said the acquisition would make it the first company able to offer PDO gorgonzola from ‘farm to table’. “The Fratelli Oioli company has always upheld the importance of values such as integrity and dedication …
Global food manufacturer Kerry Group has entered into exclusive negotiations to sell its Sweet Ingredients Portfolio to INCA, an international leader in chocolate, creams and high-quality semi-finished food ingredients, for €500 million. The Sweet Ingredients Portfolio is a manufacturer of sweet and cereal products with a broad range of technological capacities serving the markets of bakery, cereal, confectionery, dairy and ice cream in Europe and the US. “We are pleased …
Russian retailer Magnit is reportedly planning to open a new discount supermarket chain, according to an article on the Kommersant newspaper. Sources close to the retailer reported that the retailer plans to develop a new chain of discounters, a concept that started being planned in 2022, it is expected to be approved in Q1 2023 and afterwards the first stores will open. The discount supermarkets have been trending in the …
Brewing and beverage company Royal Unibrew has expand its portfolio with the acquisition of the Danish microbrewery Norrebro Bryghus. “We have found a new owner who we believe can continue the Norrebro Bryghus brand and the business we have built up over two decades,” said Martin Thomsen, managing director and co-owner of Norrebro Bryghus. “We are proud of the chapter we have written.” “Royal Unibrew has been given the opportunity …
Global independent beverage solutions provider Refresco has acquired Avandis, a manufacturer of alcoholic beverages, from cocktails spirits companies Lucas Bols N.V. and De Kuyper Royal Distillers. With the acquisition, Refresco will expand the offering in the alcoholic category in Europe and according to company’s press release, the company is now a step closer to achieve its goal of “Our Drinks On Every Table”. The production facility of Avandis in Zoetermeer, …
Kellogg Co has announced the divestment of its Russian operation to local snacks and drink maker Chernogolovka, joining the list of Western companies that have sold their assets in the country. The movement comes after the cereal maker suspended earlier this year all imports of its products in Russia and pulled investments including advertising and promotions in the country, following Moscow’s invasion of Ukraine. Chernogolovka manufactures snacks, energy drinks and …
Orkla Confectionery & Snacks has acquired confectionery company Bubs Godis. Founded in 1992, Bubs Godis is a manufacturer of vegan sugar confectionery with a strong growth on the Nordick market. According to Patrick Axzell, CEO at Orkla Confectionery & Snacks Sweden the acquisition is aligned with strategic investment of the company in confectionery and sustainable brands, and a good platform to continue growth in Nordic and Baltic countries. With the …
Wine and spirits multinational Pernod Ricard has announced the acquisition of a majority stake in start-up Cockorico, a French brand specialising in ready-to-serve cocktails. Founded in Lyon in 2019 by three spirits and hospitality business experts, the brand makes a range of premium pre-mixed, ready-to-serve bottled cocktails. “We are delighted to begin this partnership with Cockorico, which has experienced exceptional growth since its creation,” said Philippe Coutin, chairman of Pernod …
Snack and confectionery multinational Mondelez International has announced that has agreed to sell its gum business in the USA, Canada and Europe to Perfetti Van Melle Group for $1.350 billion. The sale is part of the strategy of Mondelez International to accelerate growth and focus portfolio on chocolate, biscuits, and baked snacks categories. The acquisition includes the gum brands Trident, Dentyne, Stimorol, Hollywood, V6, Chiclets, Bubbaloo and Bubblicious in the …
Global bakery manufacturer and distributor Dawn Foods has announced the sale of its frozen bakery manufacturing business Africa, the Middle East, Europe, Asia and the Pacific (AMEAP) to Europastry. The sale includes Dawn’s frozen bakery manufacturing plant located in The Netherlands, R&D capabilities based in the United Kingdom, and all associated customer relationships in the region purchasing Dawn-produced frozen products. “Dawn and Europastry have been partners for many years, providing …
Rema 100 Denmark, part of Reitan Retail, has agreed to acquire the majority of German discount grocer Aldi’s grocery store network in Denmark. According to the company statement, Rema 100 will acquire 114 stores and three distribution centres in attractive locations which will help the company to accelerate growth and increase market share with high-quality products at low prices. “Rema 1000 Denmark has been a fantastic growth story, demonstrating the …
British supermarket chain Asda has announced plans to open 300 Asda Express convenience store and create 10,000 new jobs by the end of 2026. The strategy behind the development of a convenience store network is to become the UK’s second largest supermarket. Each Asda Express store will stock with 3,000 products to cover customer’s needs, including fresh ambient and chilled groceries, as well as products from Asda’s premium Extra Special …
Campari Group and Moët Hennessy has acquired, through their 50-50 joint venture, full ownership of online wine and spirits company Tannico. Founded in 2012, Tannico’s e-commerce platform offers a catalogue of over 1,500 labels from 2,500 wineries focusing 90% of the business in B2C. The platform also provides wine courses, video tutorial and in the B2B area, services to wineries professionals in the hospitality sector. “With this operation, we confirm …
Soft drink manufacturer A.G. Barr has announced the acquisition of the functional energy drink brand Boost for an initial consideration of £20 million, on a debt-free, cash-free basis. Founded on 2021, Boost has a portfolio of energy drinks, RTD iced coffees and sport-focused beverages, operating an asset light model, outsourcing production, warehousing, and logistics. “Boost is one of the UK’s most recognisable functional drinks brands, and we are delighted to …
New spirits group Magellan & Cheers has announced the acquisition of Spanish vermouth brand Perucchi. The new group is founded and led by Jean-Noël Reynaud, which has an international career of more than 30 years in companies such as Remy Cointreau, Coca-Cola, Lactalis, and Marie Brizard. Perucchi is a brand with 150 years, known especially for its vermouth that is made from wines, mistelles, herbs, plants and roots, although the …
Italian coffee producer Lavazza has reportedly made a binding offer to acquire the French firm MaxiCoffee, owned by the company founder Christophe Brancato, 21 Invest and other investors. According to sources, Lavazza made the deal so that the company can strengthen its position in France and also in e-commerce. Lavazza Chief Executive Antonio Baravalle said: “Our strategy is to support the further development of MaxiCoffee, which will maintain its profile …
Denmark-based meat processor Danish Crown has announced the investment in a new bacon factory in Rochdale, Greater Manchester, UK. According to the company’s statement, the aim of the new factory is to offer UK customers high quality, traceable pork products that are manufactured in a more sustainable way and to supply bacon to the UK market. The firm will invest over £100 million ($119 million) in the new 30,500 sq. …
Japanese drinks giant Asahi Beverages has announced that the company is going to cease operations in its Dark Star brewery in Partridge Green, Sussex, on the 31st of December 2022 due to current economic challenges. According to sources, the company said that the facility is operating significantly below capacity, which is not sustainable. Asahi said in statement: “This is not a step we have taken lightly, however, there are significant …
Multination tobacco manufacturer Philip Morris International (PMI) has announced the launch of Bonds by Iqos, its latest heat-not-burn tobacco system to be used with specially designed tobacco sticks, Blends. The product offers an alternative to consumers who want to “replace cigarettes with innovative, science-based, smoke-free alternatives”. “Providing a range of alternatives to continued smoking—with a variety of taste, technology, usage, and price options—is imperative and helps us to address a …
German retailer Aldi Nord has announced the acquisition of some companies from the beverage firm Altmuehltaler Mineralbrunnen Group. According to Aldi’s press release, the Altmuehltaler Mineralbrunnen Group is one of the most important producers and bottlers of mineral water and non-alcoholic soft drinks in Germany and the firm employs around 400 people, jobs that will remain secure after the transaction. The deal includes production sites in Treuchtlingen (Bavaria) and Breuna …
Multinational tobacco manufacturer British American Tobacco (BAT) has announced a c.£48.2 million investment in Charlotte’s Web Holdings, a producer of hemp extract wellness products in the USA. “Our investment in Charlotte’s Web represents another step for BAT in our exploration beyond tobacco and nicotine, as we continue to build a strong foundation to deliver A Better Tomorrow,” said Kingsley Wheaton, Chief Growth Officer at BAT. Jacques Tortoroli, CEO of Charlotte’s …
Carlsberg Marston’s Brewing Company (CMBC) has announced plans to sell the Eagle Brewery to its long-term partner, S.A. Damm. Damm is a Spanish brewer, best know for its premium beer Estrella Damm. Since 2010, the production of Estrella Damm for the UK has been packaged at the Eagle Brewery. As part of the agreement, the Eagle Brewery’s beers will remain part of the CMBC’s portfolio, and it will become the …
Lancashire based cheesemaker Butlers Farmhouse Cheeses has announced the purchase of Parlick, a brand from dairy firm Singletons & Co. According to sources, the Parlick brand had ceased trading since September this year and the deal enabled the Parlick’s products to remain stocked without any break in the supply to retailers like Sainsbury’s and Waitrose. The investment strengthens Butlers Farmhouse Cheeses’ portfolio, now including sheep’s milk cheese as well. Butlers …
British supermarket chain Morrisons has announced the closure of 132 McColl’s convenience stores so that the retailer can make a profit in the medium term. According to an article in European Supermarket Magazine, the retailer plans to close most stores this year, leaving 55 stores with a post office to close in 2023. The McColl’s chain was acquired out of administration last May, but the deal was only cleared last …
Italian spirit group Campari has reached an agreement to acquire an initial 70% stake in Wilderness Trail Distillery for $420 million, strengthening its bourbon offer. Under the agreement, the company will be able to acquire the remaining 30% of the premium Kentucky Bourbon and Rye Whiskey producer in 2031. Bob Kunze-Concewitz, Chief Executive Officer Campari Group: “We are very excited to take a controlling interest in worldclass Wilderness Trail Distillery. …
Spanish snacking firm Grupo Apex has announced the acquisition of popcorn brand Pop Up from Grupo Bimbo for an undisclosed sum. Grupo Apex said it had also signed a long-term agreement that grants the exclusive distribution in Spain, Portugal and Andorra for the Eagle nuts brand. “Both operations, which are added to the recent acquisition of the Catalan manufacturer of vegetable chips Viube Foods, are part of the strategy of …
Asda, one of Britain’s leading retailers, has announced the launch of convenience stores under the banner Asda Express. According to the company’s press release, the first store is scheduled to open on the 8th November 2022 in Sutton Coldfield, and a second store is expected to open the following month on the 6th December in Tottenham Hale, London. Both stores are said to create 37 new jobs. In an effort …
Remy Cointreau, the leading French spirits firm, has announced the launch of a ‘luxurious’ perfume house called Maison Psyche. According to a company press release, Maison Psyche was created as a collaboration between Baptiste Loiseau, cellar master of Maison Remy Martin, and Sophie Labbé, principal perfumer at Firmenich. Baptiste Loiseau and Sophie Labbé said: “Maison Psyche was born from our shared love for the terroirs and age-old expertise, both in Cognac …
FMCG giant Nestle has announced that it is investing €100 million ($98 million) in a coffee plant in Girona, Spain. According to sources, the investment will be made over the next three years with the goal of increasing the factory’s medium to long-term competitiveness. Nestle plans to install state-of-the-art technology that, combined with automation and digital technology, will improve sustainability and logistics, as well as boosting the manufacture of single-dose …
Multinational tobacco company British American Tobacco (BAT) has announced the acquisition of a non-controlling minority stake in Sanity Group. Founded in 2018, Sanity Group aims to improve quality life using cannabinoids. The investment will help the German company to expand and strengthen research and development activities. “Our goal is to leverage the full potential of the cannabis plant and to explore and harness the different cannabinoids – with the new …
Spanish retailer Mercadona has made an investment of €60 million ($58.5 million) in its logistics platform in Riba-Roja del Turia, Valencia. According to an article in Revista Inforetail, the resources will be used to optimise and modernise its warehouse for fresh produce in the logistics centre. With the investment, improvements will be made in the centre’s processes, facilities and working conditions The warehouse will see an increase in production capacity from 23,000 …
Baker & Baker, one of Europe’s leading suppliers of bakery products, has announced the acquisition of Peipen, a pastel de nata (Portuguese custard tart) producer. According to sources, the deal will enable the firm to expand the production capacity of the Portuguese pastry with new production lines. The agreement includes a 5000 sq. mt. manufacturing facility located in Peniche, with all the equipment, and Baker & Baker, reportedly, entered a …
Irish Distillers, a subsidiary of the French drinks conglomerate Pernod Ricard, has announced plans to build a €250 million ($247.7 million) whiskey distillery in Midleton, Ireland, according to a FoodBev report The new distillery will be located in a 55-acre area that is connected to the company’s existing Midleton Distillery, and will produce whiskeys for the Jameson, Powers, Redbreast, Midleton Very Rare, the Spot family and Method and Madness. Nodjame Fouad, …
Austrian retailer Billa, a subsidiary of the Rewe Group, has announced the opening of a store with a plant-based concept called Billa Pflanzilla. According to sources, the new concept was launched in response to research that revealed that 46% of Austrians have recently reduced consumption of animal products and that 28% of 18 and 19 year olds don’t eat meat. Marcel Haraszti, CEO of REWE International AG, said: “We are already very …
Polish branch of supermarket chain Netto has announced this week that it is moving its headquarters to Harmony Office Center II in Warsaw. According to sources, the retailer will take 2000 sq. metres within the complex which has a favourable position due to its proximity to Warsaw city centre and very good public transport access as well as a metro station that is only 900 metres away. The move has, …
Spanish-based snacks company Grupo Apex has acquired Spanish Viube Foods, a manufacturer of vegetable crisps. Viube Foods is based in Girona and produces and markets vegetable chips made with 100% natural ingredients and in an artisanal way, under the Mikso brand. According to sources, with the acquisition, Grupo Apex has now seven factories and aims to be a ‘benchmark’ in this segment, believing that it has ‘great growth potential’. The …
French dairy producer Bel Group has announced the acquisition of 70% shares of the Chinese cheesemaker Shandong Junjun Cheese. As well as manufacturing cheese, Shandong Junjun Cheese is the fourth-largest milk producer in China. The company has reportedly achieved over 100% annual growth since 2018. According to a statement released by Bel, the investment will help the French giant with its international expansion strategy and reinforce its growth in manufacturing …
Swiss dairy firm Emmi has announced the sale of its 25% stake in cheese business Ambrosi in order to focus on “profitable growth segments”. Ambrosi is an Italian cheese specialist and producer of Parmigiano Reggiano, Grana Padano, mozzarella and gorgonzola cheeses. The stake was acquired in 2007, with the aim of generating international growth in several countries in the speciality and premium cheeses segment. “Italian cheese classics such as Parmigiano …
Agrial, a French agricultural and agrifood co-operative, has announced the acquisition of dry charcuterie producer Rochebillard et Blein. Rochebillard et Blein has 115 employees over three production sites – two in Violay and one in Taninges, producing nearly 2,000 tonnes of various charcuterie products that are sold in supermarkets, charcuterie shops, and traditional butchers. Stephane Poyac, executive vice president of Agrial, said: “Co-operative has been present on the dry charcuterie …
UK food manufacturer Premier Foods Plc has announced the acquisition of 100% of The Spice Tailor, a maker of Indian and South East Asian meal kits and accompaniments, for an initial consideration of £43.8 million ($52.4 million). In a statement, Premier Foods said the Spice Tailor would benefit from increased levels of marketing investment to drive product awareness and household penetration, new product development resources, and access to Premier Foods’ commercial capabilities …
Granola company Rollagranola has bought Primrose’s Kitchen, the UK-based breakfast cereal business that went into liquidation in December 2021. Founded in 2014, Hitchin-based Rollagranola has acquired the stock, packaging, intellectual property, and brand name of Primrose’s Kitchen, a supplier of organic and vegan, and gluten-free muesli from the South of England. Rollagranola’s founder Robin Longden said the buy-out of Primrose’s Kitchen “signals a new direction” for the company. “The purchase …
Alcoholic drinks firm Diageo has announced plans to invest €200 million ($202 million) in Ireland’s first purpose-built carbon neutral brewery in Kildare. According to the company, the new facility will produce lagers and ales, and with a capacity of 2 million hectolitres, it will become the second largest brewing plant in Ireland. The brewery will reportedly use 100% renewable energy and will make use of the latest process technology to …
Sperlari Group, the Italian leader in the candy and nougat industry that belongs to the German group Katjes International, has announced the acquisition of Italian confectionery company Paluani. Paluani was owned by the Campedelli family, but the firm ended in an insolvency procedure. The Sperlani group was the only bidder that presented a proposal to the Bankruptcy Court of Verona to purchase Paluani. The agreement includes the absorption of 48 …
German supermarket chain Kaufland has announced that they’re investing on sourcing produce from Germany all year round and thus the firm is opening Germany’s most modern greenhouse, together with the Reichenspurner family, in the region of Chiemgau. According to sources, the greenhouse will grow strawberries, peppers, tomatoes, and the like throughout the year over an area of 22 football fields. Additionally, the greenhouse is set to have electricity and heat …
Laumont, a company that produced truffles and mushrooms, has announced the construction of a new 4,000 sq. mt facility centre in Tarrega, Spain. According to a statement released by the firm, the new facility will increase the production capacity to answer the increasing demand of the business and it will allow the production of new truffle-based products. Additionally, there will be an investment in new machinery and in the creation …
FMCG giant Danone has announced that they are looking for a buyer for its factory in the north west of Spain, since they are looking to close it. According to sources, last month Danone announced the closure of the factory in the town of Salas in the name of improving ‘competitiveness and industrial efficiency’. The workers of the factory held a demonstration against the decision and Danone states that the …
Lotus Bakeries announced the complete acquisition of UK based Peter’s Yard artisanal sourdough business. Peter’s Yard produces a wide range of healthy crackers, crispbreads and flatbreads, and sourdough bites. Lotus Bakeries is well-known for the natural snack category and brands like Lotus, Kiddylicious, BEAR snacks, among others. Lotus Bakeries has been an investor in Peter’s Yard since July 2019, when the firm acquired 20% of the business. Lotus Bakeries said …
Jeronimo Martins Group has acquired 10.1% (16.8 million euros) of the Norwegian company Andfjord Salmon for sustainable salmon production. “Just a few days before the 2022 United Nations Ocean Conference in Lisbon, we are investing in a promising and truly innovative sustainable business project that is fully aligned with our corporate responsibility priorities. Andfjord Salmon’s project is focused on using efficient technology to produce salmon – a strategic product to …
Dutch dairy multinational FrieslandCampina has announced that they will sell some of their brands and factories in Germany to their local peer Muller. A spokesperson from FrieslandCampina said: “Our local German brands need more scale, and Unternehmensgruppe Theo Muller offers this growth perspective through synergy benefits”. In the sale, there are included brands such as Landliebe, Tuffi, Sudmilch, Puddis, and Mondelice as well as the Friesland’s foodservice brand Gastro. Additionally, …
Spain-based meat processor Grupo Vall Companys has closed a deal to buy 75% of local poultry firm Grupo Sada from Netherlands agri-food business Nutreco. According to sources, Grupo Sada has a total of five plants in Spain and supplies poultry products to retailers and the foodservice sector. Grupo Vall Companys’ processes and supplies fresh and frozen products, including chicken and turkey. The poultry division, has four slaughterhouses and five cutting …
Uk based Oat-milk business Minor Figures has received a minority investment from Danone Manifesto Ventures (DMV) and Green Monday Group, a plant-based food business. Founded in 2015, with offices in the US and Australia as well, Minor Figures produces barista oat milk for retail and coffee shops under its own brand name, RTD coffees and teas distributed in 16 countries. Green Monday produces the OmniPork line of meat alternatives fish …
Germany confectionery company Katjes Group has acquired the UK gluten-free bakery Genius Foods through its venture-capital arm Katjes Greenfood. Founded in 2009, Genius Foods has a product portfolio of rolls, bagels, loaves, wraps, and pittas sold in the major retailers and in the foodservice channel. Last year, the firm achieved EUR40m (US$42.7m) in sales. With this acquisition, Katjes Greenfood aims to expand its gluten-free product market, which has been growing …
UK seafood provider Northcoast Seafoods has been sold to a Dutch company Seafood Connection, a subsidiary of Japan’s Maruha Nichiro, for an undisclosed sum. With a workforce of 112 people, Northcoast Seafoods provides prawns and whitefish products to retailers. According to the Seafood Connection press release, both companies can complement each other and help Northcoast to grow thanks to the sourcing power of Maucha Nichiro. “Ever since I met the …
Grupa Sokolow, one of the largest meat producers in Central and Eastern Europe, has opened a new meat processing plant in Sokolow Podlaski. Sokolow already has ownership of 8 specialised production plants in Poland, being the plant in Sokolow Podlaski the largest of the company. The branch in Sokolow specialises in sliced cold meats, sausages, and grill products as well as a wide variety of pork meats. President of the …
Aspiag Service, Spar’s regional operator for three Northeastern regions in Italy, has opened a new 18,000 square-metre distribution centre in Emilia-Romagna, Italy. According to Spar’s press release, the company invested €33 million ($34.9 million) in the facility, which currently employs more than 50 people, and has a 25,500-pallet capacity, featuring three floors with 1,700 sq. m. of office space. Alessandro Urban, Aspiag Service regional director for Emilia-Romagna, said, “This distribution …
Italian company Campari Group, owner of Aperol, has acquired the French aperitif Picon from Diageo for €119 million ($125.5 million). Created in 1837, Picon is a ‘market-leading’ aperitif that has achieved net sales of €21.5 million ($22.4 million) and CAAP of €12.9 million ($13.4 million) in the 2021 fiscal year. According to sources, France is currently Campari Group’s fourth-biggest market (5.9% of the Group’s net sales). With this acquisition, the …
British supermarket chain Morrisons, owned by the US private equity group Clayton, Dubilier & Rice, was selected ahead of Asda owners’ in the bid for McColl’s chain ownership. According to sources, McColl’s was sold via a pre-pack administration, after the retailer’s lenders had declined a request to restructure its debt. With Morrisons’ offer, McColl’s stores and human resources will be retained. The 16,000 McColl’s staff will be transferred to Morrisons, …
German discounter Aldi invested €60 million ($63.2 million) in the opening of a 57,000-square-metre distribution centre located in Moita, Portugal. According to sources, the new facility, which is part of the retailer’s expansion plan announced in 2020, will supply goods to more than 150 stores and it will centralise Aldi’s logistic operations, which were previously split between the Montijo and Quinta do Anjo platforms. “We have always seen Portugal as …
Netherlands based firm Machandel has sold its 40% share in the business to UK based food firm Windmill Organics, which has owned a 60% majority stake in the business since 2012. Windmill Organics was founded in London in 1978 and sells products in 30 different countries, owning brands such as Biona, Bonsan, and Amisa, that can be found in large retail chains. Windmill will now take full control of the …
Nestle has announced the acquisition of a majority stake in the German innovative spice mixes maker Ankerkraut, as the European private-equity firm EMZ Partners exits the German business. According to sources, the acquisition is part of the transformation of Nestle’s portfolio acquiring businesses with attractive growth prospects on consumer trends. “Our partnership with EMZ saw Ankerkraut go from strength to strength, and we thank the team for their support. We …
Northern Irish food manufacturer Kestrel Foods has announced the acquisition of non-HFSS granola brand, Just Live a Little Granola. Just Live a Little Granola will be joining Kestrel Foods’ portfolio which includes the Forest Feast and Acti-Snack brands as well as producing private label products in order ‘to continue its growth within the plant-based arena’. After the investment Kestrel Foods will be able to offer healthier products under more categories, …
UK-based Post Holdings, Weetabix breakfast cereal maker, has acquired UFit protein shakes brand owner Lacka Foods. Founded in 2012, Lacka Foods manufactures high-protein and high-fibre shakes fortified with vitamins and minerals that also include a range of vegan, plant-based options made with pea protein and coconut milk. According to sources, the company will operate independently after the transaction and no changes will be made to the management team. Weetabix said …
Alcoholic drinks firm Diageo has announced the acquisition of 21Seeds, a rapidly growing flavoured tequila infused with real fruit juice brand. According to sources, 21 Seeds was founded in 2019 by three female entrepreneurs, Kat Hantas, Nicole Emanuel, and Sarika Singh with the goal of creating great-tasting, smooth spirits with a light touch flavour, easy to mix and enjoy. After the deal, they will continue to operate 21Seeds in partnership …
French dairy company Lactalis has entered into an agreement to acquire dairy businesses and brands of German company Bayerische Milchindustrie eG (BMI). According to sources, the agreement includes the firm’s production of fresh milk, yoghurt, quark, cream and ayran – a yoghurt beverage – as well as the manufacturing site in Wurzburg, Bavaria. BMI currently operates seven production facilities in Bavaria and Saxony-Anhalt and after the deal, the company plans …
UK based biscuit companies Fox’s Biscuits and Burton’s Biscuits, owned by Ferrero, are merging into a single business called Fox’s Burton’s Companies UK. According to sources, on the 28th March 2022, the two firms merged and will now be led by Simon Browne, the previous head of Burton’s Biscuits. Simon Browne said: “After many years of looking at one another, we are excited about bringing together two businesses that share …
German discount retailer Lidl has announced that it is opening a distribution centre in Luton, UK. The construction of the new 1.2million sq ft Lidl Regional Distribution Centre (RDC) is said to have started last year and the retailer is now looking to recruit warehouses jobs and expects to employ 1,200 people by 2025. Vacancies for operation managers to support roles in HR and payroll will also open next year, …
UK chicken giant 2 Sisters Food Group has recently acquired British poultry producer Banham Poultry. According to sources, the Competition and Markets Authority announced that it had rubber-stamped the deal on the 25th March 2022, after a merger inquiry back in January on the initial review of the purchase. Ranjit Singh Boparan, CEO of 2 Sisters Food Group, made a move to purchase Banham Poultry last October with his own …
Consumer goods firm PZ Cussons has announced the acquisition of Childs Farm, the UK’s leading baby and children’s personal care brand. According to sources, after the investment, the maker of Carex soap and Original Source shower gel PZ Cussons will hold a 92% stake in Childs Farm for a total of £36.8 million ($48.5 million). Childs Farm portfolio includes bath and shower, skincare, and hair care products, all of those …
Coca-Cola Europacific Partners has announced an investment of €30 million ($32 million) to create a new production line in its manufacturing facility located in Dunkirk, France. According to Coca-Cola, the site produces a wide range of packs and sizes, and also produces aseptic, which is needed to make still drinks. François Gay-Bellile, CEO of CCEP France said: “Coca-Cola has been produced in France for over 100 years and has a …
Digital grocery specialist Ocado has announced its partnership with Auchan Poland to help the retailer develop the online business using the Ocado Smart Platform. Ocado and Auchan Poland will build a customer fulfillment centre in Warsaw starting in 2024, with more centres to be built after that. Ocado said that Auchan will benefit from its in-store fulfillment software that will enable more efficient picking from stores. Chief executive of Auchan …
The market-leading provider of premium artisanal meat products, Group of Butchers, has announced the acquisition of Menken Keuken. The acquisition will allow Group of Butchers to expand its portfolio of private label products with the addition of salads, dips, and tapas. Founder in 1997, Group of Butchers supplies meat products, ready meals vegetarian products, soups, and salads to supermarkets in the Netherlands, Germany, and Belgium. Commenting on the acquisition, the …
Real Drinks Group, known for bringing its innovative drinks to the market, has acquired the UK beer specialist distributor Beer Britannia for an undisclosed sum. The Real Drink Group will continue to curate, supply, and package branded and private label drinks, while Beer Britannia will complement and expand the offering of Real Drink Group into the off trade market across supermarkets, convenience stores, and off licenses in the UK. The …
Little Moons company, a family-run ice cream premium company, has sold a significant minority shareholding to private-equity firm L Catterton, for an undisclosed sum. Founded in 2010, Little Moons produces “ice cream from another world”, bite-sized balls of artisanal gelato wrapped in a layer of mochi dough without preservatives or artificial ingredients. Howard Wong, co-founder of Little Moons said, “This transaction marks an exciting milestone for Little Moons, which began …
Leading Finnish food firm Valio has announced it has entered into an agreement to acquire Gold&Green, known for the Pulled Oats plant protein brand, from food and drinks firm Paulig for an undisclosed sum. The agreement includes all the rights to the Gold&Green brand, intellectual property, and research and development, but does not include other Gold&Green Foods operations or the Gold&Green Foods production site in Jarvenpaa, Paulig said in a …
Heineken, the multinational Dutch brewer, has announced the investment of €73 million in Italy to modernise and expand its brewery in Assemiri, Cagliari. The investment will be used to renovate the existing machinery and add new three warehouses to store material and products. According to sources, the investment will support the growth of the beer production in Sardinia, with a positive impact on both, local and national production chains. “The …
German household and personal care giant Henkel has announced the merger of its Laundry & Home Care and Beauty Care businesses into one unit, in a press release reporting its annual results and growth agenda. According to Henkel, the new Henkel Consumer Brands business unit will create a ‘multi-category platform’ for the consumer business under one roof. The integration is said to have already started, by having talks with employee …
German retailer, Rewe Group has announced its plan to invest €5 billion between 2021 and 2025 to expand its international business. According to sources, the company’s target is to increase organic gross sales to more than €20 billion by 2025, and the number of stores to around 5,000. At the moment, Rewe counts with about 4,500 stores spread in Austria, the Czech Republic, Italy Romania, Slovakia, Lithuania, Croatia, Hungary, and …
International bakery company Aryzta has doubled its manufacturing capacity in Malaysia by acquiring the bakery, equipment, and the corresponding land of co-manufacturer De-Luxe Food Services from Envictus International Holdings. The option to acquire the assets was part of the original agreement with Envictus, and it doubles the company’s manufacturing capacity in breads, buns, and pastries, which will help to meet its growing customer demands in the foodservice and QSR channels …
Ornua, the Irish dairy cooperative, has announced plans to expand its product offering into the Middle East and Africa. The company has announced the launch of Kerrygold butter sticks, in Saudi Arabia, Kuwait, and Jordan. The dairy product is made from the milk of grass-fed cows and offered in a format of 100g. Ornua will also launch a new pizza cheese range targeted at the Middle East and North African …
Dagrofa Group, the parent company of Spar Denmark, has announced the investment of DKK 450 million ($68.35 million) over the next three years in three of its retail chains, including Spar Denmark. The plan includes the development of a new retailer model to attract more independent retailers, where the new license model will be based on shared earnings with retailers and support retail development. “This year, the model will be …
Azelis, a leading provider of food and chemical ingredients, has announced the acquisition of Tunckaya, a distributor of food ingredients and additives in Turkey. According to Azelis’ press release, the acquisition strengthens its position in the fast-growing Turkish market for food. “We’re very happy to bring Tunçkaya into the Azelis family. Their strong relationships in the food market and general market position is a fantastic addition for our lateral value …
Nestle Health Science, a business unit of Nestle SA, has acquired the majority stake in Orgain, a leading company in the plant-based nutrition business. According to Nestle’s press release, the acquisition will complement Nestle Health Science’s portfolio of nutrition products. Founder in 2009, Orgain makes protein-based shakes, powders, and snacks based on the belief that everyone deserves access to good, clean nutrition. “Nutritional protein plays a key role in supporting …
UK-based supermarket chain Tesco has announced the closure of seven of its 13 Jack’s discount stores, while the other six remaining outlets will become Tesco stores. Tesco opened Jack’s store in 2018 with the promise to be “the cheapest in town” to win back shoppers from German discount stores Aldi and Lidl. According to sources, Tesco will try to find alternative roles for the 130 employees affected by the move. …
Unilever, the multinational consumer goods giant has announced it will cut 1,500 management jobs globally as part of the changes in its organisation model. The company’s re-organisation comes under intense pressure from shareholders to boost growth. Unilever will move from three to five distinct business groups: beauty & wellbeing, personal care, home care, nutrition, and ice cream. It will reduce its senior management roles by 15% and more junior management …
Diageo, the leading alcoholic drinks company, has entered into an agreement to sell its Ethiopian brewery Meta Abo Brewery to BGI, a subsidiary of the French multinational Casteel Group. Meta Abo Brewery was acquired by Diageo in 2012 for US$225 million, and since then, the company has invested US$344 million to expand and transform the brewery industry in Ethiopia. The company brews bottled and draught beer using water sourced from a reserve …
German discount retail giant Aldi has opened its first Shop&Go store in London which uses state-of-the-art technology to allow customers to shop without scanning the products or going through the checkout. To use the checkout-free store, customers will have to download the Aldi Shop&Go app and register an account which will allow them to enter the store and pick up the products. Once the shopping is finished, the client just …
Yorkshire-based food company Regal Food Products Group has announced the acquisition of premium dessert manufacturer Just Desserts for an undisclosed sum. Founded in 1985, Just Desserts bakes over 130 hand-crafted desserts and cakes including tarts, cheesecakes, and gateaux distributed throughout the foodservice industry. Younis Chaudhry, CEO of Regal Food Products Group, commented: “We immediately recognised a business that presented itself with opportunity, not just for us as a food group …
Dutch family business of meat and alternative products, Schouten Europe, has announced the acquisition of Nijland Food from Goor, which recently declared bankruptcy. Both companies have been working together for twelve years, Nijland has been packaging products for Schouten and has also produced some Schouten products. According to sources, the acquisition of Nijland does not mean that Schouten will produce and package all its products itself. “We have always outsourced …
Fazer, the leading Finnish bakery and confectionery firm, has announced the acquisition of the Swedish plant-based drink producer Trensums Food from Profuragruppen for an undisclosed sum. Trensums Food is a growth company and a leading oat drink producer in Europe, the company was the first in the world to commercially produce oat drinks selling its products to a large part of the world. The acquisition will provide Fazer with a …
The latest innovation insight from Gama Compass MANCHESTER – 16th December 2021: This month’s Innovation Insight shines a spotlight on a launch looking to shake up the dairy alternatives category through the power of the humble potato – Dug Potato-Based Milk. Recently launched by Sweden’s Veg of Lund and positioned as “the most sustainable alternative” to conventional milk on the market, Dug Potato-Based Milk sees potatoes stake their claim among an …
Global protein-based food company, JBS, has entered into an agreement to acquire King’s Group by its subsidiary Rigamonti. The deal will help JBS to strengthen its presence in the United States and Europe. With an investment of €82 million (US$ 92.5 million), the company acquires four plants in Italy and the entire operation of Principe in the United States, having a portfolio and structure for producing and distributing authentic Italian …
Multinational food company The Kraft Heinz Company has announced the acquisition of an 85% stake in German-based company Just Spices for an undisclosed sum. According to sources, the remaining 15% ownership stake in Just Spices will be retained by its three founders who will remain with the company once the acquisition is complete. Founded in 2014, Just Spices is a manufacturer of spices blends and salad dressings with a portfolio …
Potato and frozen food specialist McCain Foods has announced the investment of $55 million for a minority stake in Strong Roots, a plant-based frozen food company based in Ireland. The partnership will allow both companies to meet the rising consumer demand for healthy and natural food products. Strong Roots will continue to operate independently however will use McCain Foods’ global presence to expand its footprint in existing markets, and to …
Brothers Drinks Co has reached an agreement with Accolate Wines to reacquire the sparkling perry brand Babycham. Launched in 1953 and invented by Francis Showering, who helped start Brothers Drinks, Babycham was a popular alcoholic drink during the 60s and 70s described as a light, sparkling perry made from pear and soda water and has an ABV of 6%. “We are proud to welcome the Babycham brand back into our …
British soft drink maker AG Barr has entered into an agreement to acquire a 60% majority stake in plant-based milk manufacturer Moma Foods and plans to take full ownership of the company over the next three years. Founded in 2006, Moma is a manufacturer of dairy-free oat milk, bircher muesli, porridge, and low-sugar granola. Tom Mercer, founder, and chief executive at MOMA Foods, said: “I’m hugely excited to embark on …
German health and beauty company Beiersdorf has introduced a more climate-friendly aerosol valve system for its Nivea Ecodeo products as well as a range of 100% recycled aluminium cans. Some of the Nivea Men deodorants and most of the Nivea Men shaving gels will be available in this type of climate-friendlier packaging on the European market. Beiersdorf teamed up with the UK-based company, Salford Valve Company Ltd. (Salvalco), and Switzerland-based Nussbaum …
Italian confectionery group Ferrero has announced the acquisition of remaining shares of the Ice Cream Factory Comaker and relevant group companies (ICFC). Ferrero initially acquired a controlling stake in ICFC in July 2019, to support its long-term strategic goals in the ice cream market. ICFC is a company specialised in private label ice creams distributing its product to several countries. According to the company’s statement, during the last two years, …
Supermarket chain Tesco Ireland has announced the acquisition of ten Joyce’s supermarkets based in Galway for an undisclosed sum. The acquisition is the first significant investment made by Tesco since it entered the Irish market in 1997 and it is part of its strategy to grow its store’s footprint bringing quality and value to more customers. The stores will be rebranded as Tesco stores throughout 2022 and they will sell …
Unilever, the multinational consumer goods giant has announced the sale of its global tea business Ekaterra to CVC Capital Partners Fund VIII for €4.5 billion ($5.1 billion). Ekaterra has a portfolio of 34 tea brands such as Lipton, PG tips, Pukka, and T2, with 11 production facilities in 4 continents, and Tea estates in 3 countries generating revenue of around €2 billion in 2020. “The evolution of our portfolio into …
Multinational brewer Heineken has announced its plans to acquire Distell Group Holdings and Namibia Breweries to form a southern African drinks group worth €4 billion ($4.6 billion). The acquisition of Distell will be a push into wine and spirits for Heineken, with liqueur brand Amarula and wines labels Nederburg and Two Oceans. “We are very excited to bring together three strong businesses to create a regional beverage champion, perfectly positioned …
Danone, the food and beverage multinational, has announced the sale of its water and beverage business in Denmark, to Royal Unibrew, a Denmark-based brewing, and beverage company. According to sources, the sale is part of Danone’s strategic portfolio review and of the continuous optimization of its capital allocation. Royal Unibrew’s CEO, Lars Jensen, said: “I am very pleased to announce that we have entered into an agreement to acquire Aqua …
Glanbia plc and Glanbia Co-op have today announced they have signed a non-binding memorandum of understanding for the sale of 40 per cent stake in Glanbia Ireland to Glanbia Co-op for a purchase price of €307 million ($352 million). The transaction will allow Glanbia to focus on its two growth platforms, Glanbia Performance Nutrition and Glanbia Nutritionals, as well as strategic joint ventures. “Glanbia Ireland has a successful heritage, and …
Spanish-based foods business Grupo Palacios has announced the acquisition of a majority stake in Rhokett, a chilled dessert supplier, for an undisclosed sum. Founded in 2002, Rhokett offers a wide range of hand-finished cheesecakes and other desserts from three production facilities. Grupo Palacios sells meat products, refrigerated pizzas, ready-made tortillas, prepared dishes, and desserts to more than 40 countries. The company has five production facilities in Spain and one in the …
Food investment specialist group BiaVest has partnered with Development Capital to acquire Nomadic Dairy from Donegal Investment Group for an upfront consideration of €23 million ($26 million) and €6 million ($7 million) as a deferred consideration contingent on financial performance next year. Nomadic Dairy has a portfolio of six yoghurt-based products with more than 20 varieties and flavours made with locally sourced Irish farm milk. The company supplies its dairy …
Granarolo, an Italian dairy company based in Bologna, has announced the acquisition of 100% of Calabro Cheese, a US fresh cheese distributor. The acquisition will allow Granarolo to build a strategic platform to distribute its wide range of typical and PDO products from Italy, the company said. “The consolidation of Granarolo in the USA is an important step in the Group’s foreign growth policy”, said Granarolo chairman Gianpiero Calzolari. “The …
Biscuit International, a leading player in the private label biscuit market in Europe, has announced the acquisition of Continental Bakeries from its majority shareholders Goldman Sachs Asset Management. Continental Bakeries is described a leading European manufacturer of private label sweet biscuits, bread replacements, and toast with production facilities in the Netherlands, Belgium, Germany, Poland, and Sweden and a workforce of 2,300 people. The acquisition will allow Biscuit International to grow …
Savencia Fromage & Dairy has announced the acquisition of Hope Foods, a US producer of plant-based products, for an undisclosed sum. Hope Foods has a manufacturing facility able to produce a wide range of plant-based products including its organic hummus made using state-of-the-art technology to retain freshness, peak flavour, and nutritional benefits, Savencia Fromage & Dairy said in a statemnt. “Hope enlarges our brands portfolio in the USA into fast …
US private equity firm Clayton Dubilier & Rice (CD&R) has won an auction to acquire the Morrisons supermarket chain with an offer of £7 billion ($9.4 billion), outbidding Fortress Investment Group, according to an Insider Media report. CD&R reportedly bid £2.87 in cash for each Morrison share, beating the £2.86 offer made by Fortress Investment Group. Morrisons has a workforce of about 120,000 staff in the UK, including across its 497 supermarkets, as …
Britvic, the UK-based non-alcoholic drinks firm, has announced that it is investing £26.9 million ($36.2 million) in its Rugby factory, creating 20 new jobs. The company will install a fourth canning line to produce recyclable 330ml cans for soft drinks range, increasing capacity by a further 18% per cent. “This new, state-of-the-art canning line will be a fantastic boost for Britvic’s Rugby facility which continues to produce recyclable cans for some of …
Nomad Foods, Europe’s leading frozen food company, has announced the acquisition of east European frozen foods business Fortenova Group for a purchase price of approximately €615 million ($694 million). Fortenova Group has a portfolio of products such as fish, ready meals, fruits, vegetables, pastry, and ice cream marketed under the Ledo and Frikom brands. The company operates in attractive markets that are new to Nomad Foods, including Croatia, Serbia, Bosnia & Herzegovina, …
Calbee, the UK crisp and snack manufacturer, has completed a £5 million ($6.6 million) investment in two manufacturing facilities to meet increasing consumer demand, according to an Insider Media report. The investment in Calbee’s Deeside and Bradford factories comes after the company reported like-for-like growth in its financial results, boosted by enhanced demand for its Seabrook brand. “The real credit for our performance goes to the team we have at …
Leading Italian food company Barilla and consumer goods multinational Unilever have entered into a strategic agreement to sell ice cream and snacks in Italy, according to a Reuters report. The deal, agreed between Barilla and Unilver’s Algida division, will reportedly tap into increased demand, especially in the summer season, and allow Barilla to compete with larger overseas companies. Francesco Del Porto, head of the Italy Region at Barilla, said: “We are convinced that …
German discount retailer Aldi has announced an investment of £1.3 billion ($1.8 billion) in the UK over the next two years to accelerate growth and market share, according to a Reuters report. Aldi is Britain’s fifth-largest supermarket group and has experienced rapid growth over the last decade. The retailer currently has 920 stores in the UK, and is reportedly planning to use the billion-pound investment to open 100 new stores, …
Spanish-based snacks company Grupo Apex has acquired nut and seeds producer Emilio Arias Lizano for an undisclosed sum. Located in Ciudad Real, Productos Emilio Arias Lizano produces a wide range of nut and seed snacks including sunflower seeds, peanuts, hazelnuts, almonds and pumpkin seeds. According to sources, Grupo Apex sees sunflower seeds as a strategic snacking product for Spanish consumers and therefore a necessary addition to its portfolio. In the last ten years, Grupo …
Arla, the Danish dairy firm, has announced an investment of 300 million SEK (approximately $35 million) in its dairy facility in Gotene, Sweden, to expand its organic range, according to a FoodBev report. The investment, which follows a previous investment of 95 million SEK ($11 million) in Gotene to expand its butter capabilities, will allow the firm to double the capacity for handling organic milk. “We are constantly looking into …
PepsiCo, the global snacks and drinks giant, has announced an investment of £24 million ($31.7 million) to upgrade its facility located in Lincoln, UK, to meet growing consumer demand. The investment will be used to replace the existing machinery with new state-of-art equipment and technology, to increase the production of Quavers snacks, and make space for new product lines. A further £1 million ($1.3 million) will be used at the …
Retail and telecoms conglomerate Sonae has announced the acquisition of 95.4% of the share capital and voting rights in Claybell, owner of the Gosh Food plant-based foods brand, via its Food4Future subsidiary for £64 million ($85 million). UK-based Gosh Food is a manufacturer of free-from products such as burgers, sausages, and bites trading under the Gosh! brand, as well as a private label producer for retailers and foodservice channels. The …
PepsiCo, the global snacks and drinks giant, has announced plans to build a 1 billion PLN ($245 million) facility in Poland to produce savoury snacks. According to a company press release, the new plant will have the capacity to respond to growing consumer demand, and will become the largest and most environmentally sustainable PepsiCo facility in Europe. With an estimated area of seven football pitches, the facility will supply snacks …
UK-based baby milk company Kendamil has released what it describes as the world’s first’ ice cream made with infant formula. The limited-edition product has reportedly been designed for adults to counter the perception that infant formula tastes fishy, metallic, sour or bitter. “We are proud to launch the first-ever ice cream made with formula milk,” said Ross McMahon, CEO and founder of Kendamil. “We have worked passionately with the finest local …
Diversified Irish food business Valeo Foods has announced the acquisition of New World Foods Europe (NWFE), a British meat snack producer. Valeo Foods, which was recently acquired by Bain Capital Private Equity, owns brands such as Rowse honey, Kettle crisps, and Jacob’s biscuits. NWFE has beeing selling products under the brands Kings, Wild West, Speyside and Cruga, as well as The Meatsnacks Group, since 2018. The company has a workforce …
PAI Partners, a French private equity firm, has announced an agreement to acquire Tropicana, Naked and other juices brands from US food and beverage company PepsiCo for about $3.3 billion. Pepsi Co will retain the exclusive US distribution rights to the brand portfolio. According to sources, the benefits from the sale are expected to enhance PepsiCo’s balance sheet and allow it to make organic investments. PepsiCo chairman and CEO Ramon …
British investment firm, S-Ventures has acquired Pulsin, a plant-based nutrition company for £7.5 million ($9.99 million). Pulsin produces plant-based products such as protein and keto bars, powders, and shakes under its own brands as well as third parties. The acquisition follows S-ventures willingness to diversify in the health and wellness foods segment, earlier this year the company acquired Ohso Chocolate, a probiotic chocolate brand and We Love Purely, a plant-based …
German company Henkel has announced the acquisition of Swania SAS, a household care supplier based in France. The acquisition will allow Henkel to strengthen its position in the detergents and cleaning products market committed to limiting the impact on the environment. Swania is a French ecological home care company which portfolio includes Maison Verte a brand with detergents and household care products certified with the Ecolabel. Chairman of the Henkel …
Spanish food company Ebro Foods has announced the sale of part of its Panzani unit to French private equity firm CVC Capital Partners for EUR550 million (US$648.4). Ebro Foods has a leading position in the global pasta and rice markets, with brands such as Panzani, Olivieri, Bertagni, Garofalo, Santa Lucia, Russo de Cicciano, and Roland Monterrat, among others. The agreement includes the dried pasta, couscous, sauces, and semolina divisions of …
Unilever, the multinational consumer goods giant has announced a strategic partnership with Arzeda, the industry-leading Protein Design Company. Arzeda is a synthetic biology company that creates novel proteins, enzymes derived from nature, and specialty chemical products used through smart technologies to optimise their functionalities. Over the next three years, Unilever will use Arzeda’s world-leading digital biology techniques to innovate its own cleaning and laundry portfolio. Peter ter Kulve, Unilever Home …
British dairy firms Medina Dairy and Freshways Dairy have announced a merger agreement to create a more sustainable and progressive dairy business. According to sources, the merged business called Medina Freshways Ltd is believed to have the “requisite scale and agility to compete with the two large players which dominate the dairy sector in the UK”. Medina Dairy supplies milk, dairy, and bakery products, whilst Freshways Dairy claims to be …
Portuguese brand of sauces and seasonings Paladin, owned by Mendes Goncalves, has announced the launch of a new product: a piri piri hot sauce with cannabis. According to sources, the hot sauce is produced with the seeds of Cannabis sativa L., an ingredient of natural origin that is now trending worldwide and is being increasingly used in food products. Available under the brand Paladin Sacana, the company commented that the …
Independent drinks bottler Refresco has announced that set to acquire the Germany-based beverage company Hansa-Heeman. Hansa-Heeman, which employs around 800 people, manufactures drinks for both private labels and manufacturer brands. 60% of the firm’s volume is in mineral water, with the remaining 40% in carbonated soft drinks. Its annual revenue is approximately €300 million ($356 million). Refresco said it would acquire brands such as Furst Bismarck, Hella, and St. Michaeli, …