USA: PBNA opens new drinks distribution facility in Colorado
PepsiCo Beverages North America (PBNA), has opened a new 115,000 sq ft distribution facility in Colorado Springs, USA. The new plant will reportedly quadruple the company’s inventory capacity for soft drinks, allowing it to distribute popular brands such as Pepsi, Gatorade, Celsius, and Rockstar to Colorado residents and consumers across the US. The new facility […]
Japan: Kirin seeks full ownership of Fancl
Kirin, the leading Japanese drinks firm, has announced a ¥220 billion yen ($1.39 billion) tender offer to acquire the remaining shares in personal care firm Fancl, with the aim of making it a wholly-owned subsidiary. Kirin acquired around 33% of Fancl’s shares and established a capital and business alliance in 2019. “By commercializing ingredients created […]
USA: PepsiCo to build snack plant in Kazakhstan
US-based consumer goods giant PepsiCo has announced plans to build a new savoury snack plant in Almaty, in southeast Kazakhstan, according to a report in The Times of Central Asia. With an initial investment of $160 million, the plant is expected to be the largest of its kind in Central Asia and to produce products […]
Ireland: Kerry opens new cheese snack facility
Kerry, a leading food and food ingredients company, has announced the opening of a new facility in Charleville, Ireland for the manufacture of Cheestrings cheese snacks. The state-of-the-art facility will increase production capacity by 50% and generate 60 jobs in the local community. Commenting on the news, Kerry Group CEO Edmond Scanlon said: “Cheestrings has […]
India: Mondelez International and Lotus Bakeries form partnership
Global snacking and confectionery giant Mondelez International has announced it has partnered with Lotus Bakeries to expand its presence in India and to develop new chocolate products. In a press release, Mondelez International said the joint venture would allow it to manufacture, distribute and market Lotus cookies in India, as well as create new co-branded […]
UK: Bidcorp acquires assets from Northern Bloc Ice Cream
Leading UK food and drinks supplier Bidcorp has announced it has acquired the trade and assets of ice cream manufacturer Northern Bloc. Operating since 2014, Northern Bloc is described as offering a broad product range including vegan, low sugar and bespoke ice cream Commenting on the acquisition Jim Gouldie, Bidfood UK supply chain and technical […]
France: Lactalis to close Romanian dairy plant
Lactalis, the French dairy giant, has announced plans to close a factory in Miercurea Ciuc, Romania, which it acquired through its 2016 acquisition of local milk processor Covalact. The company stated its aim was to consolidate its investments in its remaining four significant factories in Oiejdea, Sfantu Gheorghe, Campulung Moldovenesc, and Tunari. Production from the […]
USA: Venus Wafers to be acquired by Circumspect Capital
Venus Wafers, a US-based maker of crackers and flatbreads, is to be acquired by investment firm Circumspect Capital, according to a Food Business News report Founded in 1931, Venus Wafers is a manufacturer of organic whole grain crackers and flatbreads under the CaPeachio’s and The Original Mariner Biscuit brands, as well as supplying private label […]
Germany: Colussi acquires cracker producer Dr. Karg
Leading European snacking producer Colussi has announced it has reached a deal to acquire a majority stake in German cracker firm Dr. Karg, according to a report in Distribuzione Moderna. Dr. Karg manufactures a range of crispbread and other sweet and savoury snacking products, employing 240 staff at the company’s bakery in Schwabach. It exports […]
USA: Kikkoman starts work on Wisconsin manufacturing plant
Kikkoman, a leading manufacturer of soy sauce and related condiments, has started construction on a new production facility in Jefferson County (WI). The new $560 million factory will be the company’s second in Wisconsin and third in the US, situated close to its existing plant in Walworth. It is intended to be a sustainable next-generation […]