Italy: Valsoia moves into kefir market with Kele & Kele stake
Valsoia, the Italian health food specialist, has entered the European kefir market by acquiring a 70% stake in the Slovenian producer Kele & Kele. The transaction values the Slovenian company at an enterprise value of €5.4 million ($5.9 million), with Valsoia paying an initial €3 million ($3.3 million) for the majority interest. Effective from 3rd […]
India: Honasa Consumer acquires formulation firm CosmoGenesis Labs
Honasa Consumer, the Indian personal care firm and parent company of brands such as Mamaearth and The Derma Co, has acquired the assets of CosmoGenesis Labs for 40 million INR ($479,000). Thane-based CosmoGenesis Labs is a specialist in cosmetic formulation and development, having supported over 5,000 personal care formulations for businesses in India. The acquisition […]
India: Godrej commits $1.19 billion investment in Telangana
Godrej, the Indian multi-business conglomerate, has signed a Memorandum of Understanding with the government of Telangana to invest 10,000 crore INR ($1.19 billion) in the state over the next few years. The investment will be distributed across several of the group’s key business units. Godrej Agrovet, the company’s agribusiness arm, plans to establish an integrated […]
UK: TMICC invests £50 million in Gloucester facility
The Magnum Ice Cream Company (TMICC), the newly independent global ice cream specialist, has announced a £50 million ($63.5 million) investment to modernise its production facility in Gloucester, south-west England. The site, which is the largest ice cream factory in the UK, produces approximately 1.9 million units of ice cream daily for brands including Magnum, […]
USA: Ritter Sport expands presence with Creative Natural Products acquisition
Ritter Sport, the German family-owned chocolate manufacturer, has significantly bolstered its North American operations through the acquisition of the premium chocolate business of Creative Natural Products, a US-based confectionery firm. The deal specifically involves the purchase of the Seattle-based brand organic and fair-trade chocolate label Theo Chocolate. Following the acquisition, Ritter Sport intends to integrate […]
Poland: Unilever to invest €20 million in Poznan food plant
Unilever, the British multinational consumer goods group, has announced an investment of 90 million PLN ($22.7 million) to expand its food production facility in Poznan, Poland. The investment is directed at the site’s “Dry Foods” department and aims to increase production capacity for the company’s food brands, including Knorr, Hellmann’s and Amino. The project involves […]
UK: Proof Drinks adds The Artisan Drinks Company to portfolio
Proof Drinks, the London-based beverage distributor, has expanded its premium offering through a strategic partnership with soft drinks firm The Artisan Drinks Company. The deal brings Artisan’s full range of premium mixers and its new line of functional soft drinks into the Proof Drinks portfolio. Founded by artist Alan Walsh and mixologist Mikey Enright, The […]
USA: Campbell Soup acquires stake in pasta sauce manufacturer La Regina
Campbell Soup, the US-based food and beverage giant, has acquired a minority stake in La Regina di San Marzano, a leading producer of premium pasta sauces and a long-standing manufacturing partner for the Sovos Brands portfolio. The investment, valued at approximately $45 million (£35.6 million), strengthens Campbell’s supply chain following its $2.7 billion ($2.1 billion) […]
USA: Tindle Foods to exit, focus on Europe
Tindle Foods, the Singapore-founded plant-based meat producer, has announced it will divest its direct-to-consumer and retail operations in the USA and shift to focus on private label partnerships within the European market. The company, which maintains a significant European presence through its German subsidiary (formerly Miammo), plans to leverage its research and development centre in Munich […]
USA: AB InBev acquires majority stake in BeatBox for $490 million
Anheuser-Busch InBev (AB InBev), the global brewing giant, has agreed to acquire an 85% majority stake in BeatBox Beverages, the Texas-based ready-to-drink (RTD) alcoholic ‘party punch’ maker, for approximately $490 million. The agreement, expected to close in the first quarter of 2026 subject to regulatory approval, grants AB InBev an option to purchase the remaining […]