France: Coca-Cola buys Tropico brand from Alize
The French division of soft drinks powerhouse Coca-Cola has announced the acquisition of still drinks producer Tropico, along with its namesake brand. Tropico soft drinks are sold in most retail chains in France and Belgium, generating revenue of around $34 million last year. According to a company statement, Tropico is Coca-Cola’s first in Frnce and is said […]
UK: Barry Callebaut to buy Burton’s Foods chocolate factory
Cocoa processor Barry Callebaut has announced the acquisition of Burton’s Foods chocolate factory near Liverpool, UK, for an undisclosed amount. The Swiss company will acquire the British factory by the end of this year to expand its manufacturing capacity in the country. Barry Callebaut has also announced an agreement with the biscuit maker for the […]
Poland: Jeronimo Martins acquires five Piotr iPawel stores
Portuguese retailer Jeronimo Martins has acquired five stores from Piotr iPawel, a competing retail chain of delicatessen and supermarket stores operating in Poland. The acquisition sees Jeronimo Martins pursuing its strategy of expanding outside Portugal. The opportunity arose at a time that Piotr iPawel is reported to be experiencing financial difficulties. Jeronimo Martins now owns […]
UK: Tesco opens discount store Jack’s
UK-based retailer Tesco has announced the launch of Jack’s, a new store concept that promises to offer customers great tasting food at the lowest possible prices. According to a press release, the launch is part of Tesco’s centenary celebrations and the stores are named after the company’s founder Jack Cohen. Besides offering low prices, Jack’s stores […]
Poland: Cargill to acquire poultry firm Konspol
Leading US multinational Cargill has announced the acquisition of Polish value-added food company Konspol, which manufactures a portfolio of chilled, convenience, frozen and cold cut categories. As a result of the acquisition, Cargill strengthens the company’s global poultry footprint to 14 countries. The deal will aso increase production capacity and proximity to existing customers offering expanded […]
Denmark: Carlsberg targets plastic waste reductions
Leading brewer Carlsberg has announced a series of changes that aim to reduce plastic waste by more than 1,200 tonnes a year. The main improvement is a new “Snap Pack” for its beer multipacks that replaces plastic wrap with a technology that glues the cans together. The new technique is said to have taken three […]
Russia: TH Milk announces new milk processing plant
Vietnamese dairy producer TH Milk has broken ground on a new milk facility in Borovsk as part of its planned investment in Russia. The facility, which will have a capacity of 1,500 tonnes of raw milk per day, results from an investment of more than $630 million. The project is claimed to provide innovative solutions […]
Netherlands: Wessanen to acquire dairy alternative brand Abbot Kinney’s
Netherlands based multinational food company Wessanen has signed an agreement to acquire plant-based dairy alternative brand Abbot Kinney’s for an undisclosed sum. According to a company statement, dairy alternative products are a core category for Wessanen and Abbot Kinney will be a good addition to Wessanen’s portfolio. “Driving the change to plant-based food is the […]
UK: Bakkavor Group to buy Haydens Bakery from Real Good Food
Fresh prepared food provider Bakkavor Group is to acquire Haydens Bakery from Real Good Food for £12 million. The deal is subjected to adjustment in relation to levels of working capital and net debt. This comprises £9.6 million in cash and £2.4 million of existing finance leases. Founded in 1976, Haydens Bakery is a manufacturer […]
Finland: Valio to merge two dairy co-operatives
Finnish dairy firm Valio has announced that will merge two of its co-operatives into a new co-operative ready to launch on 1 September 2019. Based in Lapinlahti, the new co-operative, a result of the merger of Osuuskunta ItaMaito and Osuuskunta Maitosuomi, will be known as Osuuskunta Maitosuomi and will be Valio’s largest single shareholder with […]