UK: Starbucks and Arla team up to launch protein coffee drink
Leading European dairy company Arla has teamed up with international coffee chain to launch Starbucks Protein Drink with Coffee, a new health-oriented drinking touting 20g of protein per 330g bottle. Available in the varieties Chocolate Mocha, Caffe Latte and Caramel Hazelnut, Starbucks Protein Drink with Coffee is claimed to be made with low-fat milk and […]
South Korea: Nissin Foods acquires Gaemi Food
Nissin Foods, the Japanese instant noodle manufacturer, has announced the acquisition of Korean snack company Gaemi Food for 48,000 million KRW ($35 million). Founded in 1995, Gaemi Food is defined as a manufacturer of crispy roll snacks under the Baked Crispy Roll name and confectionery under the brand Kemy, as well as snacks for infants […]
USA: Smithfield Foods to acquire dry sausage facility from Cargill
US meat producer Smithfield Foods has announced it has entered into an agreement to acquire a dry sausage facility in Nashville, TN from commodities giant Cargill. The new facility will manufacture goods for Smithfield Foods’ dry sausage brands such us Margherita, Carando and Armour to cater to increased demand, the company said. “This transaction is […]
Philippines: Yakult opens new production facility
Yakult, the Japanese probiotic dairy drink manufacturer has announced the opening of its second production facility in the Philippines. Built at a cost of 2 billion PHP ($34 million), and located in El Salvador, Mindanao, the new facility sits on a site of roughly 42,000 sq m, and will produce drinks under the Yakult brand […]
Italy: Valeo Foods acquires bakery manufacturer Dal Colle
Leading European sweets and snacks producer Valeo Foods has announced it has reached a deal to acquire the assets of Dal Colle, an Italian manufacturer of baked goods. With distribution in over 35 countries, Dal Colle is renowned for a 180-strong range of sweet bakery items including croissants and the traditional Italian cakes pandoro and […]
USA: Schwan’s outlines plans for Asian food production in South Dakota
Schwan’s, a leading US based food company and CJ Foods subsidiary, has announced it has purchased a 142-acre site in Sioux Falls, SD to accommodate its new facility for the production of Korean-style foods under the Bibigo brand. The new plant is set to manufacture a variety of Asian-inspired dishes, accompaniments, canapes, and starters. The […]
Germany: Haribo invests €300 million in new production plant in Neuss
Haribo, the world’s leading manufacturer of licorice and gummy sweets, has announced it is investing €300 million ($326 million ) in a new production plant in Neuss, in Germany’s North Rhine-Westphalia region. The company said it was planning to acquire 14 hectares of land for the new plant at the Neuss-Holzheim industrial park. This new […]
Canada: Kraft Heinz launches upscale salad dressing brand
Multinational FMCG firm Kraft Heinz has announced the launch of “premium” shelf-stable, premium dressings and marinades brand Pure J.L. Kraft exclusively for the Canadian market. Described as being free from artificial preservatives, flavours and colours, the brand will comprise 12 products, including blends such as Pomegranate Zaatar, Honey & Shallots, Miso Lime Ginger, Moroccan Lemon, […]
Tradeshow Insight: London Wine Fair 2024
Serving as a focal point for the wine industry in the UK, London Wine Fair (LWF) returned for its latest outing this spring, welcoming just over 400 exhibitors to the Kensington Olympia showgrounds in London for three days of learning, networking and deal-making. Focusing heavily on visitor “quality” as a key metric, show organisers reported […]
USA: Campbell Soup closes plant, plans supply chain investments
US based food and beverage manufacturer Campbell Soup Company has announced an “optimisation plan to fuel growth” that includes the closure of a manufacturing plant in Oregon and supply chain investments elsewhere. In a press release, the company said the plan would enable improved return on capital, enhanced effectiveness and efficiency of both its manufacturing […]