France: Suntory to close La Courneuve facility
Suntory Beverage & Food, a division of food and beverage giant Suntory, has announced the closure of its La Courneuve production facility as part of a strategic restructuring to improve operational efficiency. The facility primarily manufactured drinks for well-known brands like Orangina and Schweppes, including carbonated drinks, fruit drinks and other non-alcoholic products aimed at French consumers. […]
India: Coca-Cola bottlers to invest $3 billion in food processing
Coca-Cola’s three Indian bottling partners have announced plans to invest 25,760 crore INR ($2.96 billion) in a new food processing venture, according to limited reports in the Business Standard. The investment commitment has been made by SLMG Beverages, Hindustan Coca-Cola Beverages (Coca-Cola’s wholly owned bottling subsidiary), and the Kandhari Group of Companies, covering the states […]
USA: Amazon launches budget private label brand
E-commerce giant Amazon has announced the launch of Amazon Grocery, a new private-label brand featuring more than 1,000 foods with a customer rating of four stars or higher. Amazon said its range includes milk, olive oil, fresh produce, meat, and seafood with the majority of products priced below $5 for strong customer value. The private-label […]
Turkey: Nissin acquires factory, sets up subsidiary
Nissin, the Japanese instant noodle producer, has signed an agreement to acquire a factory in Sakarya province, Turkey, from pasta manufacturer Oba Makarnacılık Sanayi ve Ticaret and to establish a subsidiary as part of its plan to expand its international operations. The deal involves an investment of 1.59 billion TL ($38.1 million) to establish the subsidiary focused […]
Saudi Arabia: Windoria acquires Al-Fursan
Windoria, a food company created through the merger of La Doria and Winland Foods and indirectly owned by Investindustrial-affiliated funds, has entered into an agreement to acquire Saudi Arabia sauce maker Al-Fursan. Al-Fursan, along with its subsidiaries Al-Faris Al-Arabi Trading Ltd. Co. and Al-Faris Food Industries Ltd. Co., manufactures and distributes sauces, condiments and other […]
India: Amul to Invest $1.2 billion in new dairy & food plants
GCMMF, India’s biggest dairy cooperative, trading as Amul, has announced plans to invest 10,000 crore INR ($1.2 billion) in food processing over the next two to three years. The planned investment will add up to 12 new manufacturing units, expanding production capacity in dairy, ice cream and other food products. This expansion is intended to […]
Finland: Olvi Group to acquire Varska Originaal
Finnish beverage company Olvi Group has announced the acquisition of Estonian mineral water producer Varska Originaal. Founded in 1993, Varska Originaal is a mineral water producer that also has infused and functional waters in its portfolio. The company employs around 70 people, and in 2024 its production volume reached 45 million litres. Commenting on the […]
India: SLMG Beverages to invest $1 billion
SLMG Beverages, a subsidiary of Ladhani Group and the largest independent bottler of Coca-Cola in India, has announced plans to invest $1 billion over six years to expand in Uttar Pradesh, Bihar and Uttarakhand. The company will invest around $150 million each year to expand manufacturing capacity, upgrade warehousing, enlarge its logistics fleet, and supplying more […]
India: Reliance Consumer Products to invest $127 million in Tamil Nadu
Reliance Consumer Products (RCPL), the FMCG arm of Indian retail major Reliance Retail Ventures, has announced plans to invest 1,156 crore INR ($127 million) to set up an integrated manufacturing facility in Tamil Nadu. With the investment, a 60-acre facility will be established at SIPCOT’s Allikulam Industrial Park to produce packaged snacks, biscuits, spices and […]
USA: Heineken to acquire FIFCO’s beverage and retail businesses
Multinational Dutch brewer Heineken has announced that it has entered into binding agreements with its long-term partner Florida Ice and Farm Company (FIFCO) to acquire the remaining 75% of Distribuidora La Florida, as well as FIFCO stakes in certain other businesses, for $3.2 billion. Heineken’s stake in Distribuidora La Florida, encompasses its beverages, food, and […]