Ireland: Tayto acquires Portlebay and Tavern Snacks
Irish based snacks firm Tayto has acquired the Tavern Snacks brand and the majority of Portlebay Popcorn for undisclosed amounts, according to a report in the Irish Times. The acquisition will see Tayto take 75 per cent ownership of Portlebay Popcorn and full ownership of Tavern Snacks. Devon-based Portlebay Popcorn manufactures popcorn products with a focus on gourmet flavours […]
UK: L’Oreal mulling sale of The Body Shop – reports
L’Oreal, the global cosmetics giant, is contemplating the sale of its The Body Shop business for around €1 billion ($1.1 billion), according to sources quoted in the Financial Times. The company is said to be considering the possibility in light of worsening operating losses at the ethical business, which are described as increasing to €22.2 […]
Portugal: Dia invites consumers to choose special offers
Spanish supermarket chain Dia has launched a new campaign called Choose Your Promotion for its Minipreco banner in Portugal, which for the first time will give customers the opportunity to choose the special offers they would like to see in stores. According to Grande Consumo, the initiative will launch on the supermarket’s Facebook page, where […]
Italy: Ferrero launches 7 million unique edition Nutella jars
Ferrero, the Italian manufacturer of chocolate and confectionery products, is introducing a limited edition Nutella jars by using special technology to create unique patterns. The technology, which is claimed to have taken two years to develop, is described as applying a combination of “zoom” and “random rotations” to a set of 12 different patterns to […]
Ireland: Glanbia expands in supplements space
Global nutrition firm Glanbia has announced its expansion in the supplements space with the acquisition of US firm Amazing Grass and Dutch firm Body & Fit. Glanbia said it was investing approximately €181 million to buy the two businesses, which it described as “having a strong strategic fit with Glanbia’s Performance Nutrition (GPN) division” and […]
Denmark: Arla to invest €335 million
Denmark-based dairy specialist Arla Foods has revealed that it is expecting to invest €335 million ($361 million) in its production sites around the world. The plan has been made as part of the company’s global strategy of making Arla a household brand by 2020, as well as increasing revenue by almost a third. According to […]
UK: Premier Foods launches new Mr Kipling packaging range for Valentine’s Day
UK-based food firm Premier Foods has announced the launch of a limited edition packaging range for its Mr Kipling cakes range for Valentine’s Day. Each redesigned box is described as having a “charming” Valentine’s Day Message, such as “Love you cherry much” for Cherry Bakewells, “Batting my lashes at you” for Mini Battenburgs and “You’re the Apple of my Pie” […]
Ireland: Ornua to acquire FJ Need
Irish based dairy group Ornua has agreed to acquire FJ Need for an undisclosed amount . British based FJ Need supplies Irish and British cheese and cheese ingredients to the food manufacturing and foodservice sectors. Ornua is considered Ireland’s largest exporter of Irish dairy products with brands such as Kerrygold, Beo Milk and Pilgrims choice. The […]
Germany: Rapunzel Naturkost buys Zwergenwiese
Rapunzel Naturkost, the German natural and organic foods firm, has announced that it is acquiring Zwergenwiese, a producer of organic vegetarian spreads, sauces and other products. Terms of the deal were not disclosed. Founded over 30 years ago and located in Legau (Bavaria), Germany, Zwergenwiese produces a range of over 100 organic vegetarian foods, including […]
Italy: Campari acquires Bulldog Gin
Italian spirits company Gruppo Campari has announced the acquisition of Bulldog London Dry Gin, an independently owned brand, for $55 million (€50.9 million) plus working capital and assumed liabilities for $3.4 million. Campari has been distributing the premium gin since 2014 through its own distribution channels as part of a five-year agreement, with the option […]