UK: Carlsberg to acquire Britvic
Carlsberg, the multinational brewer, has announced that it has entered into an agreement to acquire UK-based soft drink business Britvic for £3.3 billion ($4.2 billion) to expand its bottling operations across Europe. Britvic is the main partner for PepsiCo in the UK and Ireland with exclusive rights to manufacture, bottle, and sell brands including Pepsi, […]
USA: Home Market Foods acquires plant to boost meat production
Home Market Foods (HMF), a leading US food manufacturer, has announced that it has acquired a former pasta production plant in South Windsor (CT) for an undisclosed sum, with the intention of turning it into a state-of-the-art meat processing facility. HMF said it planned to invest $70 million to upgrade the site and equip it […]
France: Carlsberg acquires minority stake in Brasserie Du Pays Flamand
Carlsberg, the multinational brewer, has announced it has acquired a minority stake in local beermaker Brasserie Du Pays Flamand via its French subsidiary Brasseries Kronenbourg (BK). In a statement, BK said the strategic partnership would accelerate the distribution of the Anosteke brand across France. The company also intends to triple production capacity at Brasserie du […]
Spain: Grupo Miguel Vergara acquires Valles del Esla beef business
Spanish beef supplier Grupo Miguel Vergara has announced the acquisition of its domestic peer Valles del from wine and beef specialist El Enebro. Valles del Esla operates an extensive livestock operation in the mountains of the Leon region and markets a range of beef products under its namesake brand. Commenting on the acquisition, company president […]
UK: PepsiCo launches chickpea-based Walker’s snacks
Global snacks giant PepsiCo has announced it is diversifying its Walker’s snack bran Monster Munch and Wotsits with three new products made from chickpeas instead of corn. Claimed to be a source of fibre, to contain fewer than 100 calories and to be 25% lower in salt than the typical extruded product, the range comprises […]
India: Sumuka Agro to merge with Gujjubhai Foods
Sumuka Agro, an Indian consumer food brand, has announced that it has received approval from the Bombay Stock Exchange for its merger with Gujjubhai Foods, a manufacturer of packaged snack food items founded in 1974. In a statement, Sumuka Agro said the merger would consolidate business and assets and streamline the operations and networks of […]
Denmark: Salling Group acquires 35 stores from Coop Denmark
Salling Group, Denmark’s largest grocery chain, has announced the acquisition of 35 stores from Coop Denmark. In a press release, the company said the deal included 25 365discount stores, as well as three and five under the Kvickly and SuperBrugsen banners respectively. Anders Hagh, CEO of Salling Group, said: “We are proud of the purchase, […]
Brazil: Ambev to invest R$60 million in Corona lager production
Brazilian beverage producer Ambev has announced an investment in order to increase production capacity for its Corona lager brand in Rio de Janiero state. According to sources, the new production line started operating on the 24th June at Ambev’s plant in Campo Grande. The investment of R$61 million ($10.8 million) will cater to increased demand […]
Spain: Above Food acquires plant-based business Brotalia
Canadian plant-based food supplier Above Food has announced that it has acquired Brotalia, a subsidiary of Enhol that specializes in innovative food technologies. Founded in 2017, Brotalia is described as a manufacturer of plant-based alternatives to chicken, seafood, burgers, and meatballs that markets its products under the Foody’s banner. The company is said to be […]
India: Haleon to sell non-US nicotine replacement business to Dr Reddy’s
Haleon, a consumer healthcare firm, has announced it has entered into an agreement to sell its nicotine replacement therapy business outside of the US to Indian multinational pharmaceutical company Dr Reddy’s for £500 million ($633 million). The portfolio set to be acquired includes the brands Nicotinell, Nicabate, Habitrol, and Thrive, inclusive of all formats such […]