Italy: Campari divests Italian still wine businesses
Campari, the Italian wine and spirits firm, has announced its exit from the Italian still wine business with an agreement for the sale of 100% of the share capital of Sella & Mosca and Teruzzi & Puthod to wine seller and distributor Terra Moretti. Based in Sardinia, Sella & Mosca is one of the largest wine estates […]
Japan: Picard opens first store in Asia
Picard, the French frozen food retailer, has made a definitive step into the Far East market with the opening of its first store in Japan, according to a report in Les Echos. Described as being located in an upmarket area of Tokyo, the new store has been launched in partnership with Japanese retail group Aeon, […]
Germany: Tonnies looks to acquire Dollinghareico
German meat firm Tonnies is looking to acquire its northern German rival Dollinghareico, according to a report in Agrarheute. Dollinghareico produces a range of meat products under the Dolling, Hareico and Landhof Lubz brands, specialising in meat and poultry salami as well as fresh and canned sausages. The firm is reported to have struggled over […]
UK: Gu to open factory in Bishop’s Stortford
UK-based luxury pudding manufacturer Gu is to open a new facility in Bishop’s Stortford, UK, according to a report in the Hertfordshire and Essex Observer. The company plans on relocating its operations from its current factory in Walthamstow, London to the newly acquired 100,000 sq ft facility in Bishop’s Stortford, Essex which is expected to […]
Switzerland: Nestle opens UHT milk facility in Sri Lanka
The Sri Lanka division of consumer goods giant Nestle has announced the opening of a new UHT milk plant at an existing site with a $3.4 million investment. Nestle said that it planned to expand the company’s production capacity for its dairy based beverages, providing local consumers with more milk-based products that cater to local […]
Turkey: Ajinomoto to acquire Bizim Mutfak owner Orgen
International seasoning and food firm Ajinomoto has announced it will acquire Turkish food manufacturer Orgen, including the Bizim Mutfak brand, to strengthen and expand its business in Turkey. Ajinomoto is set to acquire all outstanding shares for 220 million TRY ($66.2 million) by March 2017, including the four main business sectors of stock, powder soup, […]
Spain: Grupo Palacios acquires Precocinados Fuentetaja and Elore Holdings
Spanish meat, ready meal and dessert manufacturer Grupo Palacios has acquired Precocinados Fuentetaja as well as Elore Holdings for undisclosed amounts, according to a report in FoodBev. Through these acquisitions, Grupo is aiming to consolidate its presence in Spain and the USA. Fuentetaja is a Spanish company selling ready meals to retail stores in Spain, […]
Ireland: Greencore set to acquire Peacock Foods
Greencore, the Irish manufacturer of own label and licensed food products, has announced the proposed acquisition of US frozen sandwich maker Peacock Foods for $747.5 million. Peacock Foods is a manufacturer within the retail food industry, specialising in ambient, chilled and frozen food products with multiple facilities around the US. Greencore also produces sandwich products […]
Netherlands: Kraft Heinz sells Utrecht facility
Kraft Heinz, the US-based multinational is to sell its drinks, bread toppings and breakfast cereal facility in Utrecht to the investment fund Livia via its portfolio company Coflace Food. Livia said that the basic agreement would include a co-pack agreement for Coflace Food to manufacture goods for brand lines such as Rosvicee and Karan Cevitam drinks, […]
Italy: Sabelli acquires 79% of Trevisanalat
Italian cheese manufacturer Sabelli has acquired a stake of 79% in mozzarella maker Trevisanalat, according to reports in ESM and Repubblica. The majority stake was purchased from the Alto Parnters private equity fund for an undisclosed amount. Trevisanalat produces mozzarella in factories in Italy and Slovenia, marketing goods under brands such as Trevisanalat, Bianca Bella, […]