UK: Futura Foods to open a new plant in Wales
Futura Foods, the UK-based dairy company, has announced the opening of a new cheese cutting and packaging factory in Minffordd, Wales. The new 5,574 sq metre factory acquired in October 2019, will have the capability to produce 20,000 tons of cheese per year, creating 22 jobs and increasing the company’s operations. Hans Christiansen, managing director […]
UK: Napolina to launch first ready-to-eat canned quinoa
Napolina, the Italian cooking brand, has announced the launch of its drained canned quinoa, “the first of its kind on the UK market.” This product comes along with a new range of pulses, including chickpeas, red kidney beans, and cannellini beans, all of them available in 150g cans and vacuum packed to ensure there is […]
UK: Nurture Brands to acquire The Primal Pantry
Nurture Brands, a UK-based food company, has announced the acquisition of the healthy snack bar brand The Primal Pantry, for an undisclosed sum. Founded in 2019 following the merge between Ape and Emily, Nurture Brands is a plant-based snacking and beverage group. According to sources, the acquisition of The Primal Pantry is part of Nurture […]
Germany: Pernod Ricard to became exclusive owner of Monkey 47
Pernod Ricard, the French producer of wines and spirits, has announced the acquisition of the remaining stake of the German gin brand Monkey 47 for an undisclosed sum. The deal was concluded after Pernod acquired a majority stake in the brand in 2016. Created in 2008 by The Black Forest Distillers, Monkey 47 is a gin […]
France: Casino Group to sell Leader Price assets to Aldi
French-based retailer Casino Group has announced the agreement to sell 567 Leader Price stores and 3 warehouses to Aldi in France for an enterprise value of €735 million ($787 million). The sale is said to be in line with Casino Group’s strategy to reduce debt and improve its financial situation, reportedly amid fierce competition between […]
UK: PZ Cussons announces sale of Luksja, plans to sell Nutricima
PZ Cussons, a leading consumer products group, has announced the sale of its Polish care brand Luksja and its plans to sell its Nigerian dairy business Nutricima. The Greek personal care company, Sarantis Group, was the buyer of Luksja. The group will also distribute some PZ Cussons brands in Central and Eastern Europe. Nutricima is […]
France: Bel Group to acquire All in Foods
Bel Group, the multinational cheese firm, has announced the acquisition of the French start-up All In Foods for an undisclosed sum. Founded in 2013, All in Food is a family business which develops and produces plant-based cheese and sauce alternatives and is the owner of Nature & Moi brand. According to Bel Group, this acquisition […]
Spain: Mercadona to invest €1.8 billion in 2020
Mercadona, the Spain-based supermarket chain, has announced its intention to invest €1.8 billion in 2020 on a “transformation plan”. The plan will mainly consist of opening new 69 stores in Spain and 10 in Portugal. Similarly, Mercadona will renovate 160 supermarkets, install ready-to-eat food counters in 460 stores, build new logistics facilities and continue to […]
UK: Toast Ale and Warburtons launch “beer made with crumpets”
Toast Ale, a UK-based brewing company, has announced the launch what is said to be the first beer created from leftover crumpets, the result of a partnership with bakery company Warburtons. Warburtons, described as a family business run by the fifth generation of the Warburton family, bakes millions of crumpets a year. The idea behind […]
UK: Tesco to sell its Thai and Malaysian operations
Tesco, the UK-based multinational supermarket chain, has announced its intention to sell its business in Malaysia and Thailand to a conglomerate of Charoen Pokphand Group entities, in a deal valued at $10.6 billion. According to sources, the decision has been taken to simplify the Tesco group, enabling a stronger focus on its retail business in […]