USA: DayDayCook acquires Omsom
DayDayCook (DDC), a self-proclaimed content-driven consumer food brand, has announced the acquisition of Asian food brand Omsom. Founded in 2020, Omsom is described as a producer of cooking sauces and noodles, with the goal of making Asian cuisine accessible to US households. Commenting on the acquisition, DDC founder Norma Chu said: “Our presence in the […]
USA: Saputo revamps cheese manufacturing network
Saputo, the Canadian dairy giant, has announced plans to close facilities in Lancaster (WI), Big Stone City (SD), Green Bay (WI), and South Gate (CA), as part of a revamp of its cheese manufacturing networl. At the same time the company is expanding operations at the new automated cut-and-wrap facility in Franklin (WI). Commenting on […]
UK: Pilgrim’s Pride to shut down West London factory
Leading UK food manufacturer Pilgrim’s Pride has announced plans to close a facility in West London that specialises in producing meat snacks for the UK retail market. The shuttering of the Spurway facility, which is expected to affect up to 270 staff, follows the mooted closure of another Pilgrim’s Pride factory in Southall. Both sites […]
Nigeria: Diageo to sell Guinness Nigeria to Tolaram Group
UK alcoholic beverage multinational Diageo has announced the sale of its Guinness Nigeria business to the Tolaram Group, a diversified holding company based in Singapore. According to sources, Diageo will sell its 58.02% stake in Guinness Nigeria to the Talaram Group for 81.60 NGN ($0.05) per share, as part of its wider plans to exit […]
Brazil: Baldoni to open jam facility
Leading Brazilian honey producer Baldoni has announced it is investing R$5 million ($923,000) in a plant to manufacture jams and preserves as it looks to diversify beyond its core category. The firm reportedly entered the new segment last September with the launch of jams sweetened with honey instead of sugar. Presently the range is being […]
Tradeshow Insight: Vapexpo Spain 2024
Some 100 exhibitors and around 5,000 exhibitors descended on Madrid’s Pabellon de Cristal at the beginning of June for the fifth outing of Vapexpo, Spain’s now-established annual event for the tobacco alternative industry. A sister event to Vapexpo France, Vapexpo Spain promotes itself as Spain’s premier event for national and international e-liquid and equipment manufacturers, […]
Nigeria: Kimberly-Clark exits with factory closure
US based household paper firm Kimberly-Clark has announced the closure of its nappy factory in Ikorodu, Lagos, and with it the company’s exit from Nigeria, Trend Type reports. According to sources, the factory is shutting its doors just two years after opening, having been operating at below capacity since 2023. Kimblerly-Clark is said to have […]
USA: Ruiz Foods to close California production plant
Ruiz Foods, a Mexican food firm, has announced plans to close its manufacturing plant in Tulare, California. The affected factory commenced operations in 2004 as an extension of the Dinuba plant, initially planned as a short-term supplementary capacity solution. In a statement, Ruiz Foods said the facility was too small and would need significant capital […]
‘Food as fuel’ trend gets super-charged
Insight by Gama Compass MANCHESTER – 12th June 2024: The notion of ‘food as fuel’ (especially via protein enhancement) is accelerating in consumer goods innovation, the latest Insight by Gama Compass can reveal. This all fits within a wider trend for positioning that targets ‘performance’ and the ‘everyday athlete’, as the distinction between food and supplements becomes […]
Sweden: Cloetta to sell Nutisal roasted nuts brand
Cloetta, a leading northern European confectionery company, has announced a binding agreement to sell its Nutisal roasted nuts brand to Monchy Food, a Dutch producer and distributor of nuts, seeds and dried fruits, as part of its strategy to focus on its core confectionery portfolio. “The divestment is part of Cloetta’s previously communicated plan to […]