UK: Reckitt Benckiser in talks to buy Mead Johnson
British consumer goods multinational, Reckitt Benckiser is said to be in advanced negotiation to take over US infant formula Mead Johnson in a $16.7 billion deal, according to a report in Reuters. Infant nutrition company Mead Johnson is known for its Enfamil brand and is considered to bethe world’s number two infant formula maker with a large […]
UK: Weetabix to invest £30 million in the UK
British cereal firm Weetabix has announced that it will invest £30 million ($38 million) across its UK manufacturing sites in Burton Latimer and Corby. The investment, claimed to have been made possible by Weetabix’s market share for cereals and drinks rising 1.1% in the past year, will allow Weetabix to create new facilities in Burton Latimer and Corby by […]
Ireland: Diageo to build distillery to sell premium blended Irish whiskey
Diageo plc, the leading alcoholic drinks multinational, has announced a plan to build a new distillery to produce a new “premium blended” Irish whiskey called Roe & Co. Claiming to have identified an opportunity in premium whiskey, the UK firm is set to invest a total of €25 million (£18.6 million) in the new facility in the former power station at St. […]
Russia: Roshen to cease production at Lipetsk facility
Roshen, a Ukraine-based manufacturer of chocolate products, has announced that it is ceasing production at its factory in Lipetsk, Russia “for economic and political reasons”, according to a report in Interfax Ukraine. “Full production stop and maintenance of industrial and infrastructure facilities are planned for April 2017”, the company is quoted as saying in a […]
UK: Major firms vying to acquire Weetabix – reports
A number of leading firms in the global breakfast foods market are eying up British cereal maker Weetabix, according to a report in The Telegraph. Oriental FMCG giant Bright Foods bought a majority stake in Weetabix in 2012, but so far the UK’s second biggest cereal brand has failed to conquer the Chinese market, the […]
UK: Nush launches almond milk yoghurt range
Nush, a US-based manufacturer of low-sugar cakes, is venturing into dairy-free desserts with the launch of a range of almond milk based yoghurts for the UK health market. Made with 95% almond milk, the yoghurts are described as dairy-free, soya-free and high in protein and come in four flavours: Natural, Blueberry, Peach Melba and Caramel […]
Egypt: Nestle signs agreement to buy Caravan Marketing
Food and drinks multinational Nestle has announced that it has signed an agreement to acquire Caravan Marketing, a leading Egyptian instant coffee firm. Established in 2003 as a marketing and distribution company, Caravan Marketing serves the Egyptian market with a range of soluble coffee products using its own factory, and is the owner of the Bonjorno […]
Spain: Ebro Foods expands in organic with Vegetalia buy
Spanish manufacturer Ebro Foods has announced that it is pushing further into the natural and organic space with the acquisition of the Italian food and drinks firm Vegetalia for €15 million ($16 million). Founded by Salvador Sala Druguet in 1986, Vegetalia is engaged in the preparation and distribution of a broad range of organic food products […]
Germany: Beiersdorf reports growth in 2016
Beiersdorf, the German health & beauty firm behind the Nivea brand, has announced that it has “continued on its sustainable, profitable growth path” in 2016, with preliminary annual results showing organic sales rising 3.2% on 2015. The growth was achieved in what the company described as “difficult political and economic conditions in some countries and […]
Italy: Emmi acquires Italian Fresh Foods
Swiss dairy firm Emmi has announced that it is buying dessert maker Italian Fresh Foods in a bid to “strengthen its position in the dessert segment and reinforce its expertise in an attractive niche market”. Based in Lasnigo, Como, Italy, Italian Fresh Foods is described as an international company which manufactures and markets high-quality Italian desserts. Since […]