USA: Castillo Hermanos to acquire Harvest Hill Beverage Company
Castillo Hermanos, a diversified multinational business group, has announced that it has entered into a definitive agreement with private equity firm Brynwood Partners to acquire Harvest Hill Beverage Company, a leading USA-based beverage company. Harvest Hill was founded by Brynwood VII in July 2014 with the acquisition of Juicy Juice from Nestle USA. Its brand […]
Brazil: Lactalis to invest $50 million to boost production of cheese and butter
Lactalis, the French-based dairy giant, has announced plans to invest a further €46.2 million ($50 million) to increase cheese and butter production in the Brazilian city of Uberlandia, in the state of Minas Gerais. In a statement reported by Just Food, the company said that the investment would be used to establish a new prato […]
USA: Marquez Brothers acquires YoGusto brand
Marquez Brothers, a leading Hispanic food producer, has announced that it reached an agreement to acquire Hato Potero Farms, the owner of YoGusto brand of dairy products Hato Potrero Farm Inc. is a family-run dairy manufacturer whose flagship YoGusto bramd offers drinkable yoghurts and other dairy products such as lactose-free milk, chocolate milk, sour cream and […]
USA: Chobani to invest $500 million in Twin Falls plant expansion
Chobani, the Greek yoghurt specialist, has announced plans to invest $500 million to expand its plant in the city of Twin Falls (ID). The investment will reportedly bring over 500,000 sq ft of new space, with the expanded plant covering 1.6 million sq ft and housing 24 production lines, increasing productivity by 50%. The investment is […]
USA: Dollar Tree to divest Family Dollar
Dollar Tree, the largest discount retailer in the US, has announced it has entered into an agreement to sell its Family Dollar business to Brigade Capital Management and Macellum Capital Management for $1 billion. Founded in 1953, Dollar Tree operated over 16,500 stores as of 1st February 2025, spanning 48 US states and five Canadian […]
USA: Conagra Brands to close Michigan plant
Conagra Brands, the leading US food manufacturer, has announced plans to close its pie filling plant in Fennville (MI), with the potential loss of 85 jobs, according to a Just Food report. The closure follows the shutdown of Conagra Brands’ Birds Eye frozen vegetables plant in Beaver Dam (WI), last April, which resulted in 252 workers […]
USA: Bunge to sell European margarines and spreads business to Vandemoortele
Bunge, the leading agri-commodities business, has entered into an agreement to sell its European margarines and spreads business to Vandemoortele, a leading European manufacturer and seller of frozen baked goods and plant-based foods. Under the agreement, Vandemoortele will acquire Bunge’s margarines and spreads business in Germany, Finland, Poland and Hungary, together with its spreads and […]
France: Isigny Sainte Mere to acquire La Maison du Biscuit
Isigny Sainte Mere, a French dairy cooperative manufacturing products such as cream, butter, cheese and infant formula, has announced that it has entered into exclusive negotiations to acquire 90% of the shares in local biscuit manufacturer La Maison du Biscuit. Founded in 1903, La Maison du Biscuit produces artisanal biscuits in Sortosville-en-Beaumont, in France’s Brittany region. […]
Brazil: Lactalis to invest $55 million to expand dairy production
French based dairy major Lactalis has announced plans to invest R$313 million ($55 million) to expand operations in Brazil’s Parana state. In a statement, the company said the investment would support the establishment of a UHT milk production line at the Londrina facility and expansion of the Carambei plant, increasing its production capacity for yoghurts, […]
South Korea: Nestle and Lotte Group to end Lotte-Nestle Korea joint venture
Nestle, the food and drink multinational, and South Korean food group Lotte Wellfood have agreed to end their Lotte-Nestle Korea joint venture by the first quarter of 2026. Initiated in June 2014, the Lotte-Nestle Korea partnership operates as a 50-50 joint venture, manufacturing and distributing Nescafe instant coffee, chocolate powder drinks, fruit powder drinks, pet […]