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 […]
USA: Cedar’s Foods nears completion of new facility
Cedar’s Foods, a US producer and co-manufacturer of hummus, has announced it is completing a new 125,000 sq ft facility to produce Mediterranean foods at its base in Ward Hill, MA. The company said the new $100 million facility would enable it double its total annual production output to 208 million pounds. Commenting on the […]
UK: Kerry Foods to close Burton-on-Trent factory
Kerry Foods, the Ireland-based food firm, has announced plans to close its factory in Burton-on-Trent with the loss of 900 jobs, according to a report in the Derby Telegraph and the BBC. The closure of the site, which manufactures ready meals for leading supermarket chains, reportedly came as the result of the loss of a […]
Saudi Arabia: Nadec abandons plan to acquire Al Safi Danone
Nadec, the National Agricultural Development Company of Saudi Arabia, has abandoned plans to acquire food and beverage firm Al Safi Danone, jointly held by Al Safi Holding and Danone Dairy Investments Indonesia, according to a report in The National. Nadec is said to have signed a share purchase agreement with Al Safi Holding last year […]
Switzerland: Bell Food Group to sell German sausage business
Bell Food Group, the Swiss meat and salad firm, has announced it is selling its sausage business in Germany to the Zur Muhlen Group, a local meat processor, in order to refocus on the air-dried ham category in the country. The acquisition will see Zur Muhlen Group take over plants in Suhl (Thuringia) and Borger […]
USA: Falfurrias Capital Partners acquires CF Sauer
Falfurrias Capital Partners, a private equity firm based in Charlotte, NC, USA. has announced it has signed a definitive agreement to acquire CF Sauer, a maker of condiments, spices, seasonings and extracts sold through the retail and foodservice channels. With manufacturing facilities in Richmond, VA, Greenville, SC, New Century, KS, and San Luis Obispo, CA, […]
USA: Coca-Cola to invest in Ethiopia
Coca-Cola, the US-based soft drinks giant, is planning to expand its presence in sub-Saharan Africa with a five-year, $300 million investment in Ethopia, according to a report in Food Business Africa. The additional investment forms part of an existing project through which the company will establish a new $70 million plant in Sebeta for the […]
USA: KraftHeinz launches Fruitlove “spoonable smoothie”
Kraft Heinz, the third-largest food and beverage company in the USA, has announced the launch of Fruitlove, a new brand of smoothie that can be eaten with a spoon. Said to combine the benefits of creamy yogurt and real fruit and vegetables, Fruitlove Spoonable Smoothie comes in single-serve plastic pots and is said to provide […]
Czech Republic: KMV and PepsiCo unite to acquire Knjaz Milos
Mid Europa, a UK-based private equity firm, has announced it has sold the Serbian soft drinks business Knjaz Milos to a joint venture formed by food and drinks multinational PepsiCo and Czech water distributor KMV for an undisclosed sum. The fund acquired Knjaz Milos together with leading regional dairy and confectionery players Imlek and Bambi in […]