Italy: Sabelli acquires Stella Bianca cheese brand from Mila
Sabelli, a leading Italian manufacturer of fresh cheeses based in the Marche region, has announced a binding agreement to acquire local cheesemaker Stella Bianca from the Latte Montagna Alto Adige (Mila) dairy cooperative. Founded in 1978, Stella Bianca has an annual turnover of €51 million ($55 million) and a 185-strong workforce. It produces a range […]
USA: CVS Health launches Well Market “wellness” oriented brand
CVS Pharmacy, the retail division of the health solutions company CVS Health, has announced the launch of Well Market, a private label brand of snacks, beverages, and other groceries focused on “wellness”. The line includes a selection of nutrition options which claims to cater to different consumer dietary needs, from gluten-free to vegan and keto. […]
USA: Weaver Popcorn to invest $22 million to upgrade Indiana plant
Weaver Popcorn, a leading US popcorn producer, has announced an investment of $22 million to upgrade its manufacturing plant in Van Buren (IN). Founded in 1928, Weaver Holdings is described as the leading independent popcorn producer in the United States, offering popping corn, microwave popcorn, and ready-to-eat popcorn under the Pop Weaver brand. The investment […]
France: Essity invests in R&D centre
Swedish hygiene and health firm Essity has announced that it is investing in a new research and development centre in France’s Alsace region. In a press release, the company said the state-of-the-art centre will focus on tissue products in order to meet evolving demand of branded tissue in both the Consumer and Professional Hygiene markets. […]
South Africa: Melitta acquires majority stake in Caturra roastery
Melitta, the German coffee and coffee accessories has announced the acquisition of a majority stake in Caturra, a roastery located in the South African city of Cape Town. According to Melitta, Caturra has around 25 employees and has been operating for 30 years, roasting and distributing coffee and serving the South African market in both […]
Singapore: Good Meat launches “world first” cell-based chicken
Good Meat, a US-based cultivated meat company, has announced what it claims is the world’s first launch of cell-based chicken in collaboration with Singapore’s Huber’s Butchery. The new product, called Good Meat 3, is described as a low-cost chicken mince formulation with 3% cultivated chicken, and is promoted as having the same taste, texture and […]
USA: Herr Foods to invest $31 million in in Southeast Ohio
Herr Foods, a US based snack manufacturer, has announced an investment of $31 million to add a new manufacturing plant in Jackson and upgrade a facility in Chillicothe (OH). Founded in 1946, Herr Foods has a portfolio of more than 340 snack products, including crisps, cheese curls, pretzels, and popcorn, with a workforce of 1,400. […]
USA: Arcadia Biosciences sells GoodWheat brand to Above Food
Arcadia Biosciences, the US manufacturer of plant-based consumer products, has announced an agreement to sell the GoodWheat brand to Above Food for $4 million. Launched in 2018, the GoodWheat brand aims to help consumers increase their fibre intake with products such as pasta, pancake mixes and macaroni and cheese meals that are made from patented, […]
USA: Dessert Holdings acquires Kenny’s Great Pies
Dessert Holdings, a portfolio company of Bain Capital, has announced the acquisition of cream-based pies Kenny’s Great Pies from private equity firm Kaho Partners. Founded in 1931, Kenny’s Great Pies is described as a producer of cream-based pies and fillings specialising in key lime pie and flavours including mango, coconut cream, peanut butter and chocolate […]
USA: Land O’Frost to cease operations at Illinois facility
Land O’Frost, the US manufacturer of ready-to-eat processed meats, has announced plans to close its manufacturing plant located in the Pullman neighbourhood of Chicago (IL). The company, which caters to both retail and food service channels, produces deli sliced packaged lunchmeats, hot dogs, sausages, bacon, and spiral ham under brands such as Bistro Favorites and […]