Canada: Lactalis to close Sudbury facility, exit dairy alternatives
The Canadian division of dairy giant Lactalis has announced it plans to close its plant-based beverage facility in Sudbury, Ontario, in the process withdrawing entirely from dairy alternatives. Originally a dairy plant established in 1962, the site was converted to a fully plant-based operation in 2022 and reopened in June 2024 as the company’s first […]
UK: Reckitt offloads majority stake in Essential Home business
Reckitt Benckiser, the household care and homecare giant, has announced it has agreed to sell a majority stake in its Essential Home business to private equity investor Advent International in a deal worth up to $4.8 billion. The Essential Home portfolio includes air freshener brand Air Wick, water softener brand Calgon, laundry care brand Woolite, and detergent […]
Italy: Caffo Group acquires Cinzano vermouth, sparkling wines from Campari
Italian spirit group Campari has agreed to sell its Cinzano vermouth and sparkling wine business, along with Frattina grappa and sparkling wines, to the privately-owned Italian firm Caffo Group in a €100 million ($117 million deal). This strategic move aligns with Campari’s plan to streamline its brand portfolio by offloading non-core assets, the company said in […]
Italy: Pernigotti and Walcor unite in €70 million merger
Italian confectionary companies Pernigotti and Walcor have announced their merger, backed by key shareholders including JP Morgan Asset Management and Invitalia. The newly formed entity boasts €70 million ($82 million) in annual revenue, over 340 employees, and export sales to nearly 50 countries. Operations will continue at existing plants in Novi Ligure and Pozzaglio ed […]
USA: Tyson Foods announces $23.5 million upgrade for Kentucky site
Tyson Foods, the leading US meat firm, has announced a $23.5 million investment to expand and modernise its poultry facility in Robards, in Kentucky’s Henderson County . The project is expected to support the retention of over 1,100 jobs and will include new equipment and infrastructure upgrades aimed at boosting production capacity and product diversity. […]
USA: L’Oreal to acquire fast-growing haircare brand Colour Wow
International cosmetics firm L’Oreal has agreement to acquire Colour Wow, a professional haircare brand founded in 2013 by Gail Federici. Operating across the US and UK, the brand is reportedly known for its high-performance formulas and products such as Dream Coat and XL Bombshell Volumizer, and is available in selective retail and e-commerce platforms, as well […]
UK: Sofina Foods acquires Finnebrogue
Sofina Foods, the Canadian meat processor, has confirmed its acquisition of Finnebrogue, the Northern Ireland-based manufacturer known for its pork and plant-based offerings. The deal adds four production sites and around 1,200 employees to Sofina Foods Europe’s network, bringing its total workforce to over 9,000 across 27 facilities. Finnebrogue’s portfolio includes both raw and cooked […]
Belgium: Danone acquires supplement firm The Akkermansia Company
Danone, the food and beverage multinational, has announced the acquisition of The Akkermansia Company (TAC), a Belgian biotech firm claimed to have nearly two decades of research and development in the field of biotics. Founded in 2004, TAC discovered and developed the biotic strain Akkermansia muciniphila MucT, reportedly shown to strengthen the gut barrier, reduce inflammation […]
Spain: Carrefour to add 100 new stores in 2025
Carrefour, the leading European supermarket giant, is strengthening its presence in Spain with plans to open 100 new stores in 2025, according to a report in European Supermarket Magazine. The move is described as being part of a wider expansion strategy, backed by a €150 million ($174 million) investment, that has seen Carrefour launch 691 […]
Mexico: Heineken unveils $2.75 billion investment
The Mexico division of brewing giant Heineken has announced a $2.75 billion investment, including a new brewery in Kanasin, Yucatan. In a statement, the company said the investment would enable it to continue driving sustainability efforts under its global “Delivering a Better World” strategy, with its new factory expected to to generate over 2,500 jobs […]