India: Nestle to expand Munch production in Gujarat
Nestle India, the Indian subsidiary of the Swiss food and drink giant, has announced an investment of 225 crore INR ($26.9 million) to add a new production line for its Munch chocolate brand at its Sanand factory in Gujarat. The expansion is expected to add approximately 8,300 tonnes of annual production capacity and is slated […]
South Africa: Varun Beverages to acquire Crickley Dairy
Varun Beverages, the India-based bottling partner for PepsiCo, has entered into an agreement to acquire a 100% stake in the South African firm Crickley Dairy. The transaction is valued at 238 million ZAR ($14.3 million) and will be executed through Varun Beverages’ wholly owned subsidiary, The Beverage Company (Bevco). Varun Beverages previously completed the acquisition […]
USA: Little Spoon enters infant formula market
Little Spoon, the US direct-to-consumer baby and children’s brand, has announced its entry into the $6 billion infant formula market. With the launch, the New York-based company claims is the first and only brand to offer a complete suite of nutritional solutions for children from birth to age six. While modeled after premium European recipes […]
UK: Danone to acquire functional nutrition brand Huel in €1 billion deal
Danone, the French multinational food giant, has entered into a definitive agreement to acquire Huel, the UK-based plant-based nutrition leader, in a deal valued at approximately €1 billion ($1.15 billion). The acquisition is a cornerstone of the “Renew Danone” strategy, which focuses on scaling high-growth, health-centric assets in the “Complete Nutrition” category. Founded in 2015 […]
India: Hindustan Foods Limited to acquire Ultra Beauty Care
Hindustan Foods Limited (HFL) has signed a business transfer agreement to acquire the manufacturing undertaking of Ultra Beauty Care. The transaction, executed on 23rd March, is being conducted on a slump sale basis. The acquisition is valued at 19.9 crore INR ($2.4 million) and involves a facility in Aurangabad dedicated to the manufacturing of ayurvedic […]
Portugal: Vicky Foods acquires Panrico brand, production plant
Vicky Foods, the Spanish food group, has signed an agreement with peer Adam Foods to acquire the bakery brand Panrico and its production center in Gulpilhares, Portugal. The acquisition includes a 50,000 sq m facility featuring three production lines with an annual capacity of 21,000 tonnes. According to Vicky Foods, the Panrico brand recorded a […]
Netherlands: De Kuyper to sell Mandarine Napoleon to Iconic Nectars
De Kuyper Royal Distillers, the Netherlands-based spirits producer, has agreed to sell its Mandarine Napoleon brand to Iconic Nectars, a French family-owned spirits group. The transaction, executed through Iconic Nectars’ subsidiary Pages-Vedrenne, is expected to complete by the start of April 2026 for an undisclosed sum. The divestment aligns with De Kuyper’s long-term strategy to […]
USA: PepsiCo launches Good Warrior protein snack brand
PepsiCo, the US-based food and beverage giant, has announced the launch of Good Warrior, a new protein-focused snack brand specifically built for “really busy humans”. The brand’s initial product line consists of meat sticks made from 100% grass-fed beef, available in Original and Jalapeno varieties. According to the company, each stick contains 12g of protein […]
India: Heritage Foods opens new ice cream facility
Heritage Foods, the India-based dairy and retail company, has inaugurated a new state-of-the-art ice cream manufacturing plant in Shamirpet, near Hyderabad. The new facility represents a significant expansion for the company’s value-added dairy portfolio. The plant has an installed production capacity of 24 million litres per annum, with provisions to scale up in line with […]
Brazil: General Mills offloads dough operations to 3Coracoes
General Mills, the US food giant, has entered into an agreement to sell its Brazil-based dough business to 3Coracoees, the largest coffee roaster in South America, for an undisclosed sum. The transaction includes the Carolina brand, the chilled dough and pasta segments of the Yoki brand, and a manufacturing facility in Ribeirao Preto. General Mills, […]