Portugal: Continente introduces preserves made from ‘leftover’ produce
Supermarket chain Continente, part of Portuguese retail and telecoms conglomerate Sonae, has introduced a new range of jams and chutney that are described as being made from fruit and vegetables nearing the end of their sell-by date. According to an article in Distribuicao Hoje, the move is designed to tackle the issue of produce going to waste […]
UK: GSK to consider selling Horlicks and MaxiNutrition as part of business overhaul
British FMCG and pharmaceutical firm GlaxoSmithKline has announced its intention to sell its Horlicks brand of hot drinks in the UK, together with its MaxiNutrition business. The sale is reportedly part of the company’s strategy of focusing on its pharmaceutical business, which accounts for £16.1 billion ($20.1 billion) in annual sales. Horlicks was originally acquired […]
UK: Intersnack to acquire Butterkist popcorn brand
German snack and food company Intersnack is to acquire the Butterkist popcorn brand from privately owned Tangerine Confectionery via its KP Snacks arm. As part of the deal, Butterkist popcorn manufacture will be transferred to KP Snacks along with 150 employees, while the remaining part of the Tangerine Confectionery business will continue to operate autonomously. […]
Russia: O’Key Group forms partnership with Familia
Russian retailer O’Key Group has announced a partnership agreement with Familia, a leading ‘off-price’ retailer. According to O’Key Group, as part of the strategic agreement, Familia will open two stores in its hypermarkets in Ekaterinburg and Tyumen by the end of 2017. The agreement is described as being part of a strategic initiative to create a […]
Czech Republic: Kofola Group acquires Premium Rosa
Czech beverage manufacturer Kofola Group has announced the acquisition of Polish manufacturer Premium Rosa, aiming to expand its portfolio in the ‘healthy’ foods space. According to Kofola Group, Premium Rosa is a high-potential firm with a double-digit sales growth, positioned in the premium segment, that produces natural products such as syrups, juices and jelly, using traditional and […]
Portugal: Nestle rebrands and launches new Greek yoghurt drink
Multinational FMCG giant Nestle has revamped its Greek yoghurt range in Portugal, rebranding the products as Nestle Yaos Grego and introducing a new ‘Greek Shake’ product. According to Distribuicao Hoje, the brand line, which was previously available under the Nestle Grego name, includes low fat yoghurts that are said to be the only products of […]
France: Ferrero opens new logistics centre
Italian confectionery multinational Ferrero has partnered with SPI Logistic to open a new logistics and packaging centre in France. The new facility is said to be equipped with the latest technology, allowing Ferrero to receive real-time information on the operation of its products and also allowing SPI Logistic control the operating parameters of the site. According […]
Italy: Carrefour introduces two new store formats
French retail giant Carrefour is introducing new supermarket and convenience store formats in Italy under the names Carrefour Market Attrazione 2.0 (‘Attraction 2.0’) and Carrefour Express 3 Minuti (‘3 Minutes’). According to European Supermarket Magazine, Carrefour Attrazione 2.0 is 2,500 sq m in size. Located in Promezia (Lagio), it is open 24 hours a day, […]
Finland: S Group acquires Stockmann stores
Finnish department store chain Stockmann Group has announced the sale of delicatessen grocery stores to retailer S Group. According to a statement by Stockmannn Group, S Group plans to develop the delicatessen stores into “European top-level flagship stores”. The deal, which is subject to approval by the Finnish Competition and Consumer Authority, will see employees […]
Spain: Cerealto to acquire Italian Pastificio Mediterranea
Cerealto, a Spanish food manufacturer, has announced the acquisition of Italian pasta producer Pastificio Mediterranea. As part of the agreement, Cerealto will maintain 100% of the workforce, a total of 63 employees, as well as machinery and production lines at the pastamaker’s facility located in Silvano D’Orba, Alessandria. According to a company press release, Cerealto […]