UK: Premier Foods to invest $25 million in Devon Ambrosia factory
UK food manufacturer Premier Foods has announced that it is investing £19 million ($25 million) in its Ambrosia factory located in Lifton, Devon to increase capacity and improve efficiency. This will be a three-year programme of investment, split into two stages. The first £9 million ($12 million) phase has modernised Ambrosia’s rice pudding and custard […]
Israel: Strauss Group to launch ‘animal-free’ dairy product line
Strauss Group, a food and beverage manufacturer, has announced the launch of CowFree, a new brand range containing animal-free beta-lactoglobulin (BLG) protein that mirrors the properties of cow’s milk protein. The product range includes a milk drink analogue under the name Yotvata, and a cream cheese under the name Symphony. The products are described as being are fortified […]
USA: Louisville Vegan Jerky acquired by Louisville Brands
Equity fund Render Capital has announced that Louisville Vegan Jerky Company, part of its Fund 1 portfolio, has been acquired by Louisville Brands, an expanding group of consumer packaged goods businesses. Louisville Vegan Jerky is reportedly a leading plant-based snack jerky brand, outselling both meat and non-meat rivals in Whole Foods stores across the US. […]
USA: Calbee acquires majority stake in tofu maker Hodo
Japanese food major Calbee, via its US subsidiary, has announced that it has acquired a 58% stake in US tofu and plant-based food producer Hodo. As part of the venture, Sagamiya Foods, a leading Japanese tofu producer, has acquired a minority stake in Hodo and will provide technical support to reinforce its growth plans. Founded […]
India: Marico to fully acquire HW Wellness Solutions
Leading Indian FMCG firm Marico has announced that it has entered into a definitive agreement to acquire the remaining shares of HW Wellness Solutions, which owns the True Elements brand, for up to 138 crore ($15.18 million). Founded in 2013, HW Wellness has reportedly become a leading digital-first business in the breakfast and snack foods space, […]
Italy: Winland Foods and La Doria merge to form Windoria
Winland Foods, a US-based producer of private label and branded food items, has merged with La Doria, an Italian producer of tomato products, preserved vegetables and juices, to form Windoria, a new food group valued at $4 billion. The merged group will supply leading retailers, distributors and foodservice operators while managing more than 40 proprietary […]
UK: Honestly Tasty acquires La Fauxmagerie
UK vegan cheese specialist Honestly Tasty has announced the acquisition of its domestic peer La Fauxmagerie. As part of the transaction, La Fauxmagerie will rebrand as Saporia and operate through a new dedicated online store, offering a more extensive plant-based range. Commenting on the move, Saporia founder Tim Barclay said: “La Fauxmagerie’s store was pioneering, […]
USA: Glanbia to sell SlimFast US to Heartland Food Products Group
Irish global nutrition group Glanbia has announced that it has signed an agreement to sell weight management brand SlimFast US to Heartland Food Products Group, a US-based leader in the consumer-packaged goods industry, for an undisclosed sum. The existing Heartland Food Products Group portfolio features Splenda, a zero-calorie sweetener brand offering stevia and monk fruit […]
South Africa: Walmart to open first stores
US supermarket chain Walmart has announced plans to open its first stores in South Africa before the end of 2025. Commenting on the move, Walmart International president and CEO Kath McLay said: “Walmart’s South African stores will offer a wide range of merchandise, including fresh groceries, household essentials, apparel and technology. Walmart also will offer […]
Spain: Grupo Apex acquires Uriarte Iturrate assets
Leading Spain-based snack company Grupo Apex has announced the acquisition of the brand and assets of Uriarte Iturrate, formerly part of the Ecolumber Group, including its production plant in Murgia (Alava), along with machinery, technology, trademarks and patents. The acquisition extends Grupo Apex’s portfolio to 13 production sites, bringing in seven employees as well as […]