UK: Muller confirms closure of Foston dairy
Muller, the leading dairy firm and the UK’s largest milk supplier and distributor, has confirmed that it is to close its production facility in Foston, Derbyshire, with the loss of 223 jobs. In a press release, the company said the decision followed a 45-day statutory review of the its dairy network which examined factory utilisation […]
USA: Amy’s Kitchen opens new plant in New York
Amy’s Kitchen, a maker of vegetarian foods based in Santa Rosa, CA, is set to open a new production facility in Goshen, NY, according to reports in Veg News and North Bay Business Journal. The current plans are for a 389,000 sq ft “environmentally efficient” facility that will create up to 680 jobs. It will […]
USA: Anheuser-Busch to acquire remaining stake in Babe Wine
Anheuser-Busch, the leading US brewer and AB InBev subsidiary, has announced it will take full control of wine company Babe Wine through its affiliate ZX Ventures, by buying the outstanding shares in the firm. Babe Wine was launched as Swish Beverage in 2016, with the aim of creating a “fun, inclusive and portable product”. According […]
UK: AG Barr launches “adult” soft drink brand St Clements
AG Barr, the UK-based soft drinks firm, is expanding its portfolio of “adult” soft drinks with the launch of the new St Clements fruit drinks brand, positioned as an alternative to alcohol. St Clements drinks are made from sparkling water and fruit juice concentrate, and are sold in 500ml bottles with a crown cap closure. […]
Spain: Mahou San Miguel acquires craft brewer Brutus
Mahou San Miguel, the Spanish beer firm, has announced it has acquired a 70% stake in Madrid-based craft brewer Brutus for an undisclosed sum. The leading Spanish beermaker said Brutus would complement its portfolio and support its premiumisation strategy. Founded in 2015, Brutus is positioned as a “next generation” beer and has been rolled out […]
Gama News – May / June 2019
The May / June 2019 edition of Gama News is now available. In this edition: o Industry Insight: Tariq Ahmed Al Wahedi, Agthia Group o Insight By Gama Compass: Consumers still nuts for coconut o Innovation Insight: Szent Water CLICK HERE to read it now.
Germany: Mars takes majority stake in Foodspring
Mars, the leading US food firm, has announced that it has signed a definitive agreement to acquire a significant majority stake in Foodspring, a direct-to-consumer targeted nutrition company based in Berlin, Germany. Foodspring will be incorporated within Mars Edge, a division of Mars focused on health and wellness. Foodspring is described as one of the […]
China: Suning.com to buy 80% stake in Carrefour China
Suning.com, China’s third largest e-commerce platform, is planning to buy an 80% stake in Carrefour’s Chinese business for 4.8 billion CNY ($698 million), according to a report in Bloomberg. The deal values Carrefour’s China unit at 0.2 times its 2018 sales, compared to an industry average of 0.8, the news agency added. Carrefour is described […]
USA: Unilever to close Nevada ice cream plant
Unilever, the consumer goods giant, is to close an ice-cream factory in Henderson, Nevada with the loss of 300 jobs, according to a Reuters report. The plant, which is due to cease production at the end of August, is said to manufacture ice cream and frozen novelties for Ben and Jerry’s, Breyers, Magnum, Popsicle, Good […]
India: Kerry Foods opens new facility
Kerry Foods, the Ireland-based food firm, has announced the official opening of a new €20 million ($23 million) production facility in Tumkur, India, 120km from Bangalore. The new 40,585 sq m plant will serve Kerry Taste & Nutrition’s global and regional customers in the South West Asia region, the company said. “Our Tumkur facility will […]