USA: Clorox acquires Purell maker Gojo Industries
Clorox, the US cleaning and consumer goods manufacturer, has entered into a definitive agreement to acquire Gojo Industries, the maker of Purell hand sanitiser, in a cash transaction valued at $2.25 billion. The deal, which includes anticipated tax benefits that bring the net purchase price to approximately $1.92 billion, is designed to significantly expand Clorox’s […]
Saudi Arabia: JBS expands halal production with $85 million investment
JBS, the Brazilian meat processing giant, has announced a capital injection of $85 million to expand its manufacturing capabilities in Saudi Arabia, positioning the country as a strategic hub for its halal operations. The investment encompasses the expansion of the company’s processed food facility in Jeddah and upgrades to its existing plant in Dammam. According […]
Brazil: Grupo Piracanjuba acquires cheese manufacturer Basel Lacteos
Grupo Piracanjuba, one of Brazil’s largest dairy companies, has announced the acquisition of Basel Lacteos, a specialist producer of premium cheeses based in the state of Minas Gerais. The transaction involves the takeover of Basel’s manufacturing facility in Antonio Carlos, a municipality in the Serra da Mantiqueira region known for its high-quality milk production. The […]
USA: Smithfield Foods acquires hot dog brand Nathan’s Famous
Smithfield Foods, the US-based pork processor and subsidiary of WH Group, has entered into a definitive agreement to acquire Nathan’s Famous in an all-cash transaction valued at approximately $450 million. The deal, which sees Smithfield pay $102 per share for the 110-year-old business, consolidates the ownership of one of America’s most recognisable hot dog brands. […]
USA: Del Monte Foods to shutter Modesto cannery
Del Monte Foods, the US processed food manufacturer currently in Chapter 11 bankruptcy, has announced the closure of its production facility in Modesto, California, a move that will impact up to 1,800 workers. The decision to wind down operations at the historic Central Valley site follows the company’s recent court-supervised asset auction. While the company […]
USA: Highlander Partners acquires Tapatio Foods
Highlander Partners, the Dallas-based private investment firm, has acquired the California-based hot sauce manufacturer Tapatio Foods for an undisclosed sum. Founded in 1971 by Jose-Luis Saavedra, Tapatio Foods has remained a family-owned business for over five decades, growing from a local start-up into a leading national brand. The company, headquartered in Escondido, produces a signature […]
Australia: Lactalis to close historic South Brisbane factory
Lactalis, the French dairy giant, has announced plans to shutter its manufacturing facility in South Brisbane, Australia, impacting approximately 202 employees. The historic site, which produces brands including Pauls, Ice Break, and Vaalia, is scheduled to cease operations in July. According to the company, production volumes will be transferred to its facility in Nambour on […]
Brazil: Panfacil expands frozen bread production
Panfacil, the frozen bakery division of the Brazilian milling group Grupo Estrela, has announced an investment of R$44 million ($7.6 million) to expand its manufacturing facility in Canoas, Rio Grande do Sul. The capital injection will be used to enlarge the site’s physical footprint and cold storage infrastructure, as well as to install a new […]
India: RCPL acquires global rights to Unilever personal care brands
Reliance Consumer Products (RCPL), the FMCG subsidiary of Reliance Industries, has acquired the global rights to a portfolio of heritage personal care brands, including Brylcreem, Toni & Guy, Badedas, and Matey, from global peer Unilever. The acquisition, disclosed alongside the company’s quarterly results, grants Reliance ownership of the brands worldwide, with “a few territories excluded”. […]
India: Allied Blenders acquires distillery assets
Allied Blenders & Distillers (ABD), the Indian spirits manufacturer best known for its Officer’s Choice whisky, has approved the acquisition of production assets from National Industrial Corporation (NICOL) in a deal valued at up to 110 crore ($12.1 million). The transaction, cleared by the company’s board on 16th January, involves the purchase of land, buildings, […]