Brazil: Unilever invests in mayonnaise production
Consumer goods giant Unilever has announced an investment of R$80 million ($16.2 million) to expand production of Hellmann’s mayonnaise at its factory in Pouso Alegre, in Brazil’s Minas Gerais state. Established in 1974, the Pouso Alegre facility manufactures over 200 SKUs including Hellmann’s mayonnaise and Knorr stock cubes, and has around 800 employees. According to […]
Australia: Australian Vintage and Accolade Wines in merger talks
Accolade Wines, one of the world’s largest wine companies, has entered into early merger discussions with peer Australian Vintage (AVG), the producer of the McGuigan and Tempus Two brands, according to The Australian Financial Review and The Shout reports. “AVG confirms it is in exploratory discussions with Accolade, however these discussions are still at a […]
Sweden: Lantmannen to sell ready meal brand Gooh to Atria
Lantmannen, a Swedish agricultural cooperative and food manufacturer, has announced the signing of an agreement to divest its Gooh ready meal brand to Atria, a producer of food products across the Nordic countries. Launched at the beginning of 2000s in cooperation with the restaurant Operakallaren, Gooh offers a range of traditional Swedish and international ready-to-eat […]
USA: Heritage Distilling Company acquires Thinking Tree Spirits
Heritage Distilling Company (HDC), a craft distillery based in the US, has announced the acquisition of local peer Thinking Tree Spirits for an undisclosed sum. Thinking Tree Spirits was founded in Eugene, OR in 2014 and is described as an award-winning, women-led, farm-to-flask, Oregon grown house of brands. As a result of the transaction, HDC […]
Australia: Bega to shutter Betta Milk, Pyengana Dairy site
Bega, the Australian dairy firm, has announced it plans to close its plant in Burnie, Tasmania, traditionally a manufacturing site for the Betta Milk and Pyengana Dairy brands, and transfer production to another factory in Hobart. Bega acquired the Burnie facility last year when it bought Betta Milk and Meander Valley Dairy, as well as […]
USA: Target launches budget Dealworthy private label
US retailer Target has announced the launch of Dealworthy, a new private label range of home and personal care items that promises to offer a range of products at low prices with no compromise on quality. According to the retailer, the new line features 400 everyday items such as paper towels, body wash, laundry detergent […]
Brazil: Coca-Cola invests $800 million in logistics, manufacturing
US non-alcoholic drinks giant Coca-Cola has announced plans to invest R$4 billion ($809 million) to strengthen its operations in Brazil in 2024. According to sources, the investment will be used to modernise and expand the company’s manufacturing structure and logistics network, in addition to deepening its relationship with small and medium-sized retailers through an enhanced […]
Spain: Paulig to invest €42 million in new snacks facility
Finland-based food company Paulig has announced plans to invest €42 million ($45 million) to construct a new facility in Spain to strengthen its presence in the Tex-Mex and snacking categories in Europe. Founded in 1876, Paulig is described as a family-owned producer of coffee, snacks, plant-based products and spices, with operations in 13 countries. It […]
USA: Flagship Food Group to close La Tortilla Factory plant in California
Flagship Food Group, a food company majority-owned by CREO Capital Partners which manufactures and distributes a wide portfolio of brands, has announced plans to close the production site for its La Tortilla Factory brand in Santa Rosa, CA. Founded in 1977, La Tortilla Factory is a leading maker of wraps and tortillas, including low-carbohydrate, grain-free, […]
USA: Miami Beef acquires Hofmann Sausage
Miami Beef, a US maker of fresh and frozen meat products, has announced the acquisition of Hofmann Sausage, a New York-based sausage brand, to expand its product portfolio. Established in 1879, Hofmann Sausage offers beef and pork franks, smoked sausage, bratwursts, beef jerky and condiments. In a statement, Hofmann Sausage said: “[Miami Beef] aligns well […]