Brazil: Ype opens new manufacturing and distribution centre
Brazilian household care firm Ype has announced the opening of a new manufacturing plant and distribution centre located in Itapissuma, Pernambuco state, according to a report in Superhiper. The new plant will be located on a 400,000 sq m site and include a manufacturing area, administrative buildings and a distribution centre. Waldir Beira Junior, executive […]
Tradeshow Insight: Food & Drink Expo 2023
This April, thousands of delegates descended on the National Exhibition Centre (NEC) in Birmingham, as stakeholders from across the hospitality, manufacturing, grocery and speciality & convenience retail sectors once again gathered together for the 2023 edition of the Food & Drink Expo. Altogether, over 1,500 suppliers took to the show floor to showcase their latest […]
Denmark: Scandinavian Tobacco Group acquires XQS
Scandinavian Tobacco Group, the leading tobacco firm, has announced the acquisition of XQS International, a maker of tobacco alternative products. The transaction value consists of an upfront payment as well as an earn-out agreement. Assuming all targets are met, the total purchase price will be about 150 million DKK ($22 million) and it will be fully […]
Tradeshow Insight: Natural & Organic Products Europe 2023
London’s ExCel exhibition centre played host to yet another showcase of global innovation in mid April, as Natural & Organic Products Europe (NOPE) returned for its latest outing in the heart of the UK capital. Boasting a range of “the best, most environmentally friendly, health-conscious” products covering all sectors of the fast moving consumer goods […]
Germany: Tegut to take over organic supermarket chain Basic
German retailer Tegut has announced the acquisition of organic supermarket chain Basic after the latter reportedly ran into financial difficulties. Headquarted in Munich, Basic has a network of 19 outlets and headcount of 500. Commenting on the deal, Basic CEO Christoph Eich said: “We are very pleased to now be a part of the Tegut […]
Australia: Uber Eats expands grocery delivery footprint with Coles tie-up
Uber Eats, the food courier company, is partnering with retailer Coles to establish a grocery delivery service across Australia, according to a report in the Sydney Morning Herald. The new service, which has already launched with 40 stores in Melbourne, is set to cover 500 outlets nationwide, and will reportedly offer groceries delivered on the Uber […]
Brazil: McCain to acquire remaining stake in Forno de Minas
Potato and frozen food producer McCain has announced the acquisition of a further 51% stake in Brazilian pao de queijo (‘cheese bread’) manufacturer Forno de Minas, taking its shareholding in the company to 100%. McCain first took a minority stake in Forno de Minas in 2018. “The partnership presents a fantastic opportunity for both companies […]
Argentina: Savencia Fromage & Dairy acquires Sucesores de Alfredo Williner
French dairy firm Savencia Fromage & Dairy has announced the acquisition of Sucesores de Alfredo Williner, one of the major players in the dairy market in Argentina. In a press release, Savencia Fromage & Dairy said the investment would enrich the company’s portfolio in the country, in particular through the traditional Ilolay brand, as well […]
USA: Edrington becomes major shareholder of Wyoming Whiskey
Edrington, a UK-based spirit producer has announced the acquisition of an additional stake in US firm Wyoming Whiskey, increasing its shareholding from 35% to 80%. In a press release, Edrington said the Wyoming Whiskey brand has been part of its Partnership Brands unit, which has helped the firm to grow in volume and value in […]
Look Ahead: Giorgio Rigali, Food & Drink Expo 2023
Gama spoke to Giorgio Rigali, Head of Communications, ahead of the latest edition of Food & Drink Expo. What are your expectations for this year’s Food & Drink Expo? This year’s Food & Drink Expo is shaping up to be one of the biggest yet. The UK food and drink industry is fast-paced and […]