Look Ahead: Philippa Christer, IFE 2023
Gama spoke to Philippa Christer, event director, ahead of the latest edition of IFE, International Food & Drink Event. What are your expectations for this year’s IFE? I’m so excited for this year’s edition of IFE. There are so many new aspects of the show and additional features for visitors to explore. This year we’ve introduced […]
USA: Altria Group to buy e-cigarette firm NJOY
Altria, the multinational tobacco firm, has announced a definitive agreement to acquire e-cigarette company NJOY Holding for about $2.75 billion in cash. NJOY is described as a leading brand of pod-based e-vapour products with 33,000 retail stores in the US. Commenting on the deal, Altria CEO Billy Gifford said: “We believe we can responsibly accelerate […]
USA: Sweet Harvest Foods acquires Sweet River Honey
Sweet Harvest Foods, the self-proclaimed leader in the US natural sweetener industry, has announced the acquisition of Sweet River Honey, a honey producer based in the state of Texas. In a press release, the firm said the acquisition would add hives and beekeeping experience to its portfolio and enable it to expand its operations. Ken […]
UK: Pembrokeshire Creamery invests in new plant
UK-based dairy firm Pembrokeshire Creamery has announced that the company is investing in its first manufacturing facility, a milk processing site in Pembrokeshire Food Park, in the Welsh town of Haverfordwest. According to a Business Live report, the new milk-bottling facility is currently under construction and it is expected to create 80 jobs over the […]
USA: Danone to expand Jacksonville facility to meet RTD coffee, creamer demand
FMCG giant Danone has announced plans to invest up to $65 million over the next two years to create a new bottle production line at its existing facility in Jacksonville, Florida, according to a Food Manufacturing Report. The investment aims to increase production of coffee and coffee creamer products under brands such as International Delight […]
Germany: Muller to sell Tuffi brand, license Landliebe to allay anti-trust concerns
Muller, the leading Germany dairy firm, is to divest the Tuffi brand of milk and cheese products to a third party dairy company. The sale was a condition of Muller’s purchase of part of FrieslandCampina’s portfolio in Germany, which has just been greenlighted by competition regulators. Similar anti-trust concerns lay behind the regulator’s decision to require Muller to […]
Finland: Fazer to discontinue dairy business at Koria factory
Fazer, the leading Finnish food group, has announced it will be ceasing dairy production at the Koria factory in southern Finland by the end of August 2023, with 82 jobs expected to be affected. Fazer noted it was only a small player in the highly-competitive Finnish dairy industry, mainly producing private label products, and that […]
Saudi Arabia: Almarai acquires International Dairy and Juice stake from PepsiCo
Saudi Arabia based dairy firm Almarai has recently announced the purchase of a 48% stake in International Dairy and Juice from FMCG giant PepsiCo to become the 100% owner of the business According to a report in The National, International Dairy and Juice was formed as a joint venture in 2009 via a partnership between […]
Lentils muscle into breakfast foods
The latest innovation insight from Gama Compass MANCHESTER – 27th February 2023: This month, Gama turns its gaze towards continued advances in on-the-go breakfast foods, examining a launch pushing in-vogue pulses and legumes as a contender to rival oats in the hot cereals category – Lentiful Instant Lentils. New to consumers in the US, Lentiful is […]
USA: Tyson Foods to acquire Williams Sausage Company
US multinational food firm Tyson Foods has announced that the company has signed an agreement to purchase Williams Sausage Company, a producer of fresh and cooked sausages, bacon and sandwiches. Based in Union City, Tennessee, Williams Sausage Company currently has 500 employees and supplies to both retail and foodservice custpmers. Stewart Glendinning, group president, prepared […]