Sweden: Coca-Cola invests in new can production line
Coca-Cola, the global soft drinks giant, is investing 150 million SEK ($15.9 million) in a new production line for canned beverages at its facility in Jordbro, near Stockholm, Sweden. The investment aims to increase capacity to meet growing demand for canned drinks, with the new line capable of producing up to 120,000 cans per hour […]
USA: Imperial Brands acquires Black Buffalo
Imperial Brands, the UK-headquartered tobacco giant, has announced the acquisition of Black Buffalo, a modern oral nicotine business based in the United States. The transaction involves an initial consideration of $150 million, with an additional deferred sum based on performance over three years and other criteria. Established in 2015, Black Buffalo manufactures tobacco alternative long […]
USA: Unilever to develop new innovation centre in Connecticut
Unilever, the UK-headquartered consumer goods company, has unveiled plans to develop a new Global Innovation Center in New Haven, Connecticut. Opening by spring 2029, the digital-first and AI-powered centre will serve as a hub for research and development across the company’s personal care, beauty and wellbeing businesses. Unilever will invest $270 million in the project […]
Australia: Endeavour Group restructures Pinnacle business
Endeavour Group, the Australian retail drinks and hospitality business, has announced a strategic transformation of its Pinnacle Drinks business. The asset-light, customer-led restructuring will refocus the portfolio on brands and regions that generate the strongest returns. As part of the strategy, the company will cut its own grape production by more than 80%, resulting in […]
Germany: DMK to invest over €55 million in Edewecht facility
DMK, Germany’s largest dairy cooperative, has announced an investment of over €55 million ($59 million) to develop its production site in Edewecht, Germany. The projects are aimed at expanding production capacity, enhancing climate protection, and securing local jobs. As part of the project, the company is allocating around €26 million ($28 million) to build a […]
USA: Heartland Food Products Group to acquire Whole Earth Brands’ Americas business
Heartland Food Products Group, the Indiana-based owner and manufacturer of the Splenda, SlimFast and Java House brands, has entered into a definitive agreement to acquire the Americas business of Whole Earth Brands, Inc. The transaction will include the Equal, Whole Earth, Swerve and Chuker sweetener brands across North America and Latin America. Financial terms of […]
Portugal: The Navigator Company launches “odour-eliminating” toilet tissue
The Navigator Company (TNC), the Portuguese pulp and paper manufacturer, has strengthened its focus on higher value-added tissue products with the launch of Amoos Pure, a new toilet tissue that features “Clear Odor” technology. According to a company press release, the technology is developed to help neutralize bathroom odours in the bathroom. The product arrives […]
USA: Lactalis expands Kraft Natural Cheese with lactose-free line
Lactalis, the international dairy giant, has announced the launch of its new Kraft Natural Cheese Lactose-Free product line, expanding its portfolio to meet the growing demand for dairy options that support a range of dietary needs. The new range features three distinct varieties: Mild Cheddar Shredded Cheese, Mozzarella Shredded Cheese, and Mozzarella String Cheese. Made […]
Australia: George Weston Foods acquires Abe’s Bagels
George Weston Foods, the food manufacturing subsidiary of Associated British Foods (ABF), has acquired the bagel manufacturer Abe’s Bagels for an undisclosed sum. The strategic transaction transfers ownership of the brand and its St Johns bakery in East Auckland to George Weston Foods, expanding a bakery stable that already includes Tip Top Bakery, Ploughmans, Abbotts […]
Portugal: Philip Morris International to set up generative AI facility
Tabaqueira, the largest Portuguese tobacco manufacturer, has been selected by its parent company, Philip Morris International (PMI), to house its new generative artificial intelligence (AI) factory, reinforcing the country’s role as a strategic hub for innovation and technology within the group. According to the company, the new AI operation will be based at Tabaqueira’s plant […]