Russia: Magnit takes controlling stake in Azbuka Vkusa
Magnit, a leading Russian retailer, has announced the acquisition of a controlling stake in Azbuka Vkusa, a premium grocery chain, through its subsidiary AO Tander. Azbuka Vkusa operates 171 stores across multiple formats, primarily in Moscow and Saint Petersburg, alongside an online delivery service and catering business. The acquisition also includes five production facilities, three […]
France: Pernod Ricard completes divestment of wine brands
Pernod Ricard, the wine and spirits major, has announces the successful divestment of strategic international wine brands to Australian Wine Holdco Limited (AWL), a consortium of global institutional investors and the owner of Accolade Wines. The divestment paves the way for the creation of a new global wine company under the name Vinarchy, and will also allows Pernod […]
Germany: Bonduelle sells packaged salad business
Bonduelle, the French vegetable processor, has announced the sale of its packaged salad business in Germany to Taylor Farms, effective 31st March “This divestment, aligned with the ‘Transform to Win’ plan revealed on August 29, marks a key milestone in enhancing the group’s operational profitability”, the firm said in a statement, noting it was also accelerating […]
Mexico: Walmart to invest $6 billion
Walmart, the US supermarket giant, has announced an investment of over $6 billion in its Mexico operations for 2025. As part of this initiative, Walmart de Mexico plans to expand its presence by opening new stores under the Bodega Aurrera, Sam’s Club, Walmart Supercentre, and Walmart Express banners, creating approximately 5,500 direct jobs. These additions will […]
Germany: Nestle announces site closures
Nestle, the global consumer goods giant, has announced plans to close two plants in Germany as it looks to restructure its operations in the country. The company’s Neuss plant will shut in mid-2026 due to declining production volumes and overcapacity. The plant employs 145 people and produces Thomy oil, mayonnaise and mustard. Production will be […]
US: Global Eggs Acquires Hillandale Farms
Global Eggs, a Luxembourg-based egg conglomerate, has reached an agreement to acquire US egg producer Hillandale Farms for $1.1 billion, according to a Reuters report. Global Eggs was established last year and operates Brazil’s Granja Faria and Spain’s Grupo Hevo, acquiring the latter in November. Hillandale Farms, Grupo Hevo, and Granja Faria reportedly generated over $2 billion combined in revenue […]
US: Sycamore Partners strikes deal to acquire Walgreens Boots Alliance
Walgreens Boots Alliance (WBA), the global pharmacy chain, has announced that it has entered into a definitive agreement to be acquired by an entity affiliated with Sycamore Partners, a private equity firm specializing in retail, consumer, and distribution-related investments. “Leveraging WBA’s healthcare expertise and Sycamore’s established leadership in retail and consumer services, WBA will be […]
Spain: Nestle to invest €15 million in ‘eco-friendly’ packaging production
Nestle, the consumer goods giant, has announced it is investing €15 million ($16 million) at a plant in Girona, Spain to begin production of recyclable packaging for Nescafe instant coffee and Nescafe Dolce Gusto coffee capsules. The investment will enable the local production of refill bags for Nescafe instant coffee, ranging in size from 75g to […]
Spain: Kraft Heinz invests €70 million to upgrade sauces factory
The Spanish division of Kraft Heinz, a producer of cooking and table sauces, has announced the completion of a €70 million upgrade to increase production capacity at its factory in La Rioja, Spain. The upgrade was completed a year and a half after breaking ground and is intended to enable the company to meet the growing demand […]
USA: Colavita broadens portfolio with Vitelli Foods acquisition
Colavita, a leader in premium Italian specialty foods, has announced the acquisition of Vitelli Foods, the owner of the Luigi Vitelli brand of pasta and canned tomatoes. In a statement, Colavita said the acquisition diversified its offerings and bolstered its position as the third-largest importer of Italian pasta in the US, as well as strengthening […]