Brazil: Coco Leve invests in new manufacturing facility
Coco Leve, the Brazilian beverage manufacturer, is investing R$20 million ($3.52 million) in a new production facility located in Campo Limpo Paulista, Sao Paulo. The investment is a central part of the company’s strategy to modernise its operations and increase its production capacity for coconut water and mixed drinks. The new plant reportedly features advanced […]
USA: Mark Anthony Group to acquire The Finnish Long Drink
Mark Anthony Group, the Canadian-founded international drinks company, has reached an agreement to acquire The Finnish Long Drink for an undisclosed sum. The Finnish Long Drink, a ready-to-drink (RTD) brand headquartered in the USA, reported sales of approximately 1.8 million nine-litre cases last year. Founded in 2018, the company produces spirit-based sparkling cocktails inspired by […]
Canada: Lactalis opens milk-receiving bay in Winchester
Lactalis, the dairy processing business, has unveiled a new milk-receiving bay at its manufacturing site in Winchester, Ontario. The project represents an investment of C$11.5 million ($8.37 million) and is intended to improve operational efficiency at what is described as the largest plant of its kind in Canada. The Winchester facility produces various brands, including […]
USA: Winland Foods expands pasta production in St. Louis
Winland Foods, the USA-based pasta and sauce manufacturer, has announced an investment of $34.5 million to expand its manufacturing facility in St. Louis (MO). The project is focused on increasing the company’s production capacity for its jumbo shell pasta line. According to the Missouri Department of Economic Development, the expansion is expected to create 28 […]
Brazil: Ipanema Lacteos acquires Laticinio Na Morada
Ipanema Lacteos, the Brazilian dairy producer, has completed the purchase of Laticinio Na Morada for an undisclosed sum. The transaction, finalised this month, marks the company’s entry into the artisanal and premium cheese segments. Based in Bueno Brandao, Minas Gerais, Laticinio Na Morada owns the Serra das Antas and Chevre D’Or brands. Serra das Antas specialises […]
UK: Aldi launches ‘supermarket-first’ freezer-ready confectionery range
Aldi, the UK’s fourth-largest supermarket chain, has launched a range of hybrid chocolate treats under its Choceur private label. The new Choceur Freeze Me Bites, priced at £2.29 ($3.11) for a 140g pack, are promoted as a ‘supermarket-first’ innovation. The bites can be consumed as standard chocolate or frozen for four hours to create a […]
Italy: Fornaio del Casale acquires three food firms
Fornaio del Casale, the Italian bakery producer trading as Gecchele, has acquired three Italian snack and confectionery companies to form a new group named Equipe Del Casale. The acquisitions of Castelfood, Figuli and Dolciaria Ponte Vecchio mark the first stage of a ‘buy-and-build’ strategy led by the Italian private equity firm Aksìa SGR, which acquired […]
Brazil: J.Macedo inaugurates new industrial complex in Horizonte
J.Macedo, the Brazilian food manufacturer, has officially opened its new industrial complex in Horizonte, Ceara. The project represents a total investment of R$ 300$ million ($60 million), according to the company. The new facility is intended to streamline production and distribution across the North and Northeast regions of Brazil. Named the Roberto Proenca de Macedo […]
Brazil: Ambev expands premium beer production
Ambev, the Brazilian brewing company, is investing R$300 million ($60 million) to expand its production of premium beer in the state of Maranhao. The investment is specifically directed towards increasing capacity for the Spaten brand at its Cervejaria Equatorial facility in Sao Luis. According to a report by Supervarejo, the expansion transforms the plant into […]
Netherlands: Heineken sells DR Congo operations
Heineken, the Dutch brewing company, has announced the sale of its shareholding in Brasseries, Limonaderies et Malteries SA (Bralima), its operating company in the Democratic Republic of Congo (DRC). The stake has been acquired by ELNA Holdings Ltd, a Mauritius-based investment firm, which will assume full responsibility for Bralima’s operations, including production, distribution and its […]