UK: Cereal Partners UK announces factory closure plans
Cereal Partners UK (CPUK), the Nestle and General Mills breakfast cereals joint venture, has announced plans to close its factory in Bromborough, UK with the loss of up to 300 jobs, ceasing production of private label cereals According to sources, the company is planning to consolidate operations at its site in Staverton, Wiltshire, investing £74 million ($95 million) to expand […]
Netherlands: Unilever to sell The Vegetarian Butcher to Vivera
Unilever, the multinational consumer goods giant, has announced that it has received a binding offer from plant-based company Vivera to acquire De Vegetarische Slager (The Vegetarian Butcher), a Netherlands-based meat substitutes firm. Founded in 2010, The Vegetarian Butcher expanded to 55 countries after Unilever acquired it in 2018. Commenting on the move, Unilever Foods president […]
Japan: Meiji launches yoghurt boasting skin hydration, UV protection benefits
Meiji, the diversified Japanese food business, has announced the launch of Meiji W Skin Care Yogurt, a new dairy yoghurt that has been formulated to protect the skin from UV radiation, as well to maintain hydration and relieve skin dryness. According to Meiji, Meiji W Skin Care Yogurt combines SC-2 lactic acid bacteria (L. bulgaricus OLL1247 […]
USA: Lotus Bakeries partners with Froneri on ice cream launches
Belgian biscuit and cake manufacturer Lotus Bakeries has announced a licensing agreement with ice cream specialist Froneri to accelerate the growth of its Lotus Biscoff brand in the US ice cream market. The partnership is set to operate as a sub-licence under an agreement reached between Mondelez International and Lotus Bakeries in 2024 covering Biscoff cookie production in India […]
USA: PepsiCo to acquire prebiotic soda brand Poppi
FMCG giant PepsiCo has announced that the company has entered into a definitive agreement to acquire Poppi, a fast-growing prebiotic soda brand, for $1.95 billion. Poppi is made with fruit juice, apple cider vinegar, and prebiotics, with less than 5g of sugar per serving, and is available across the US in 14 flavours. Commenting on […]
India: SLMG Beverages to invest in bottling facilities
SLMG Beverages, a subsidiary of Ladhani Group and the largest independent bottler of Coca-Cola in India, has announced plans to invest INR 8,000 crore ($919.6 million) to set up new bottling plants and expand existing facilities. As part of its expansion strategy, SLMG Beverages is investing 1,200 crore INR ($137.9 million) in a new plant […]
UK: Yeo Valley to acquire The Collective Dairy
Yeo Valley, a leading UK dairy firm, has announced plans to acquire New Zealand-based Epicurean Dairy and its brand The Collective to expand its premium yoghurt range. Founded in 1976, Yeo Valley is an independently-owned dairy producer, operating across five sites in Somerset and Devon and employing over 1,700 people. Commenting on the move, Yeo Valley […]
UK: The Compleat Food Group acquires The Real Yorkshire Pudding Co
The Compleat Food Group, a diversified UK food business, has announced the acquisition of The Real Yorkshire Pudding Co, a leading supplier of chilled Yorkshire puddings, for an undisclosed sum. Founded in 1992, The Real Yorkshire Pudding Co is a leading supplier of own-label and branded chilled Yorkshire puddings and toad in the hole, with […]
USA: Core Home acquires boba tea startup Bubluv
Core Home, a manufacturer of housewares and lifestyle products, has announced the acquisition of Bubluv, an Asian boba tea brand, to mark the company’s entry into the food and beverage industry. Described as being free from artificial ingredients, and low in calories and sugar, Bubluv’s flagship bubble tea is described as a shelf-stable drink with milk and […]
India: Adani Wilmar acquires GD Foods
India-based food firm Adani Wilmar has announced the acquisition of sauces and pickle maker GD Foods to expand its category footprint. Founded in 1984, GD Foods is a leader in tomato ketchup, sauces, jams, pickles, noodles, instant mixes, cereals, and essential cooking ingredients under the Tops brand. The brand operates in seven northern Indian states, supplying […]