UK: Mondelez to invest £15 million in new chocolate production line
Snacks and confectionery multinational Mondelez has announced plans to invest £15 million ($21 million) into a new production line at its Bournville chocolate facility in Birmingham, UK. According to sources, £11 million of the investment will be spent to create a new production line for Cadbury Milk tablets as the company consolidates the majority of […]
France: Biscuit International to buy Portuguese bakery firm Dan Cake
Biscuit International, the France-based bakery firm, has reached an agreement to acquire Dan Cake, a Portuguese manufacturer and distributor of biscuits and cakes for an undisclosed sum. Dan Cake is a family-owned business founded in 1978 and headquartered in Coimbra, Portugal. The company, which has two manufacturing sites and employs 500 staff, is a leading […]
Italy: Barilla to acquire Capelli dry pasta business
Leading Italian food company Barilla has acquired the Capelli dry pasta company in Canada from Spanish firm Ebro Foods for C$165 million ($130 million). The Capelli pasta business includes the Capelli, Lancia, and Splendor brands and a manufacturing plant in Montreal. “We’re leading the charge in transforming the pasta category, and as a category leader […]
UK: Heineken to take ownership of Brixton Brewery
Multinational brewer Heineken has announced the full acquisition of Brixton Brewery for an undisclosed sum. The acquisition comes three years after Heineken bought a 49% stake in the firm. According to sources, the founders of Brixton Brewery will continue leading the company operations. Jez Galaun, founder of Brixton Brewery commented: “When we look back over […]
Sweden: Coop to open first unmanned store
Scandinavian retail chain Coop has announced the launch of its first unmanned store located at Satrahojden in Gavle, Sweden The store, part of a move by Coop to explore innovative retail solutions, was tested last summer and will be operated by Coop Mitt, a co-operative running more than 60 stores in Gastrikland, Halsingland, Dalarna, Uppland and Vastmanland. According […]
UK: Kendamil unveils two new baby cereal products
UK baby food firm Kendamil has launched two new baby cereal products, according to a FoodBev report. Suitable for babies from four months, the new Broccoli & Cheesy Cauliflower and Apple and Blackcurrant Oat Porridge are claimed to be free from added sugars, palm oil and preservatives. Launched in line with what Kendamil said was […]
UK: Barilla acquires majority stake in Pasta Evangelists
Italian pasta and sauce company Barilla has announced the acquisition of a majority stake in Pasta Evangelists, a startup that delivers fresh pasta meal kits to homes in the UK. Founded in 2016, Pasta Evangelists delivers boxes of fresh pasta meal kits directly to clients and also distributes pasta and sauces through digital platforms and […]
Italy: Babasucco launches new avocado-based Energy Estratto drink
Babasucco, an Italian consumer goods company, has launched a new drink called Energy Estratto which is claimed to harness all the properties of avocado. The new launch is the latest in Babasucco’s line of cold-pressed juices which it first launched to the Italian market in 2015. According to the company, the line was created “to satisfy a […]
UK: Baxters Food Group to acquire Truitt Bros
UK food manufacturer Baxters Food Group has acquired US-based contract manufacturer Truitt Bros for an undisclosed sum. Truitt Bros is a manufacturer of shelf-stable, thermally processed foods, operating from two facilities with a workforce of over 500 staff. According to sources, the acquisition is part of Baxters’ plans to expand its US and global growth […]
Netherlands: IK Investment Partners to sell Signature Foods
IK Investment Partners has announced the sale of Signature Foods to Pamplona Capital Management for an undisclosed sum. Headquartered in the Netherlands, Signature Foods is a branded and private label food franchise in the chilled categories of spreads and dips, bites and tapas, and meal solutions with a portfolio of brands including Johma, Delio, Hamal, […]