UK: Ornua to invest £3 million at cheese packing facility
Dairy firm Ornua has announced an investment of £3 million ($4 million) in “state-of-the-art” cutting and packaging equipment at its facility in Leek, UK. The funds will be used to install an additional high-speed cheese slicing line and the expansion of Ornua’s cheese grating capabilities which will result in an additional 7,000 tonnes of capacity, […]
UK: Diageo to acquire Chase Distillery
Leading alcoholic drinks firm Diageo has announced the acquisition of Chase Distillery, a firm specialising in products such as gin and potato vodka. According to Diageo, Chase Distillery has a portfolio of seven gins, four vodkas, and elderflower liqueur. The distillery has a focus on quality and sustainability, using British potatoes, apples, and botanicals from […]
UK: Finnebrogue Artisan to build new factory
UK meat producer Finnebrogue Artisan has announced plans to build a new facility to produce plant-based food in County Down. According to sources, the Northern Ireland company will invest £25 million ($32 million) to build Europe’s “most advanced” plant-based food factory. “This state-of-the-art factory, combined with some extraordinary technological leaps in new product development, will […]
Portugal: JCCoimbra acquires Vianeza sauces and mayonnaise
JCCoimbra Group, a leading Portuguese olive oil firm, has recently acquired Purcen’s Vianeza brand range of mayonnaise and sauces. JCCoimbra Group specializes in supplying olive oil and vegetable oil to both the consumer market and manufacturing industry. In a statement, JCCoimbra CEO Miguel Arouca said: “This is a strategic decision to allow us to achieve growth through diversification, essential for […]
Germany: Carlsberg to acquire Wernesgruner Brewery
Leading Danish brewer Carlsberg has announced that it has entered into an agreement to acquire Wernesgruner brewery from Bitburger Braugruppe. According to Carlsberg, Wernesgruner is one of the most traditional German beer brands and will give Carlsberg a better position in northern and eastern Germany. The addition of the Wernesgruner brewery to theCarlsberg network will […]
UK: Ferrero to acquire Fox’s Biscuits from 2 Sisters for £246 million
CTH Invest, a Belgian holding company associated with Ferrero, has entered into an agreement to acquire part of Fox’s biscuit business from 2 Sister Food group for £246 million ($328 million), according to a FoodBev report. Fox’s Biscuits owns brands such as Rocky Bars, Party Rings, Crunch Creams, and also manufactures for private label companies. As part […]
UK: Walmart to sell Asda for £6.8 billion
Supermarket giant Walmart has entered into an agreement to sell UK grocery chain Asda to Issa Brothers and TDR Capital for £6.8 billion ($9.1 billion). The acquisition will return the chain to UK ownership following its acquisition by Walmart for £6.7 billion ($8.9 billion) in 1999. According to sources, the new owners joined together to acquire an equal […]
Finland: Altia and Arcus merge to form Anora
Finnish alcoholic drinks manufacturer and distributor Altia has announced that it has reached an agreement to acquire its Norwegian competitor Arcus, forming a combined company named Anora According to Altia, the combined business will form a leading wine and spirits brand house offering a portfolio of local, regional, and global brands. Altia’s current shareholders will own […]
UK: Meatless Farm to raise money for global expansion
Plant-based manufacturer Meatless Farm has raised $31 million to support expansion plans in the UK, Europe, the US, and Asia, according to a FoodBev report. The funds will reportedly be used to expand the brand in existing markets, grow the business to new regions, add more products to the portfolio, and further develop manufacturing in […]
Belgium: Cargill builds “House of Chocolate” complex
Leading US multinational Cargill has announced plans to build a new chocolate complex at its site in Mouscron, Belgium. According to a press release from the multinational, the 700 sq m “House of Chocolate” complex will feature a “chocolate experience centre”, a pilot plant, a sensory lab and a creative workspace for Cargill’s European R&D team. […]