USA: Dairy Farmers of America to acquire W&W Dairy
Dairy Farmers of America (DFA), the farmer-owned global dairy cooperative, has announced the acquisition of Wisconsin based dairy firm W&W Dairy. The acquisition includes the W&W Dairy business, its licensed brands, and the manufacturing facility in Monroe which produces a variety of Hispanic cheese products including queso fresco, cotija, queso blanco, quesadilla, panela and para freir. […]
USA: B&G Foods to sell Le Sueur brand to McCall Farms
Food manufacturer B&G Food has announced the sale of the Le Sueur brand of peas, green beans and carrots to preserved fruit and vegetable specialist McCall Farms for an undisclosed sum. The proceeds from the sale will be used for general corporate purposes including the repayment of long-term debt, the purchase of assets useful in […]
USA: Lactalis to invest €75 million in New York facilities
The US-based subsidiary of French dairy giant Lactalis has announced it will invest more than $75 million to upgrade its Walton and Buffalo facilities in New York state, expanding capacity and efficiency. The investment at the two sites, which process over 800 million lb (36o million kg) of raw milk annually, will retain over 800 […]
Italy: Italpizza to secure €58m in financing to raise production
Italpizza, the Italian pizza manufacturer, has secured €58 million ($65.8 million) in financing from several sources to boost production at three of its Italian plants, according to reports in Just Food and ESM The funding will be used to enhance production capacity to around 575 million pizzas by 2028, across the company’s facilities in Modena, Castelbelforte and […]
Finland: Valio to invest €30 million in Joensuu production facility
Finnish dairy firm Valio has announced an investment of €30 million ($34 million) in a new cheese maturation warehouse at its production plant in Joensuu. The investment will cover the construction of the expanded warehouse expansion and automation of its operations, and it is expected to begin this month. As a result of the upgrade, cheese […]
Spain: Whitehole to acquire Embutidos Rios
Investment fund Whitehole has acquired Spanish black pudding maker Embutidos Rios with the aim of boosting its presence in the food sector. Founded in 1930, Embutidos Rios has a workforce of 85 and an annual turnover of more than €10 million ($11 million). Commenting on the deal, José Luis L Ríos, Embutidos Rios executive director said: “This collaboration provides […]
Belgium: Lidl to invest €122 million in new logistics centre
German retail chain Lidl has announced it is investing €122 million ($136 million) in a new logistic facility in Herentals, Belgium. At 43,000 sq m, the distribution centre is described as Lidl’s largest in Belgium to date, and from 2027 will supply supermarkets in the Antwerp area. In line with sustainability objectives, offices at the facility will be warmed […]
China: Iceland Foods to open first Asia store
Iceland Foods, the specialist UK frozen food retailer, has announced plans to open its first store in China in partnership with BTG We Link. BTG We Link is a retail concept company that brings Western cuisine to the Chinese retail market. The partnership will allow customers in China to purchase Iceland Foods products via e-commerce […]
UK: Iceland Foods to open warehouse in Warrington
Frozen food supermarket giant Iceland Foods has inaugurated a 500,000 sq ft warehouse in Warrington, UK, via a £100 million investment. The distribution hub is described as the company’s largest in the UK, with sections dedicated to ambient food, chilled products and frozen foods and a workforce of 750. The Warrington depot will deliver to more than […]
Spain: Persan to acquire Mibelle Group
European multinational home care and personal care company Persan has acquired Mibelle Group to create one of the world’s largest players in private label and contract manufacturing. The acquisition of the Mibelle Group therefore fits “perfectly” in Persan’s growth strategy, Mibelle Group said in a statement, adding that both companies complement each other in terms […]