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USA: PMI opens $1.2 billion Colorado manufacturing campus

July 31, 2026

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Financial, Manufacture & Distribution, North America, Tobacco

Philip Morris International (PMI), the international tobacco and nicotine company has officially opened its $1.2 billion manufacturing campus in Aurora, Colorado. The 780,000-square-foot facility, located on a 148-acre site, represents PMI U.S. first greenfield manufacturing complex in the United States and began full commercial production in July 2026. Designed to expand domestic production capacity for Zyn nicotine pouches, the campus integrates production, packaging, warehousing, distribution and operations, supporting markets across …

Mexico: Ferrero to invest $86 million in Guanajuato plant

July 30, 2026

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Financial, Latin America, Manufacture & Distribution

Ferrero Mexico, the local division of the Italian confectionery group is set to invest $86 million through 2027 in its manufacturing facility located in San Jose Iturbide, Guanajuato. The capital allocation will expand production capacity, upgrade energy infrastructure from medium to high voltage, strengthen logistics networks and increase export volumes. The operational expansion will initially generate roughly 60 direct jobs in Guanajuato and will virtually double the plant’s installed annual …

Switzerland: Nestle to close Hungary confectionery factory

July 30, 2026

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Europe, Financial, Manufacture & Distribution

Nestle, the Swiss food and beverage corporation has announced plans to close its confectionery manufacturing facility in Diosgyor Hungary, by the end of the year due to a decline in demand for seasonal chocolate products. The site primarily manufactures chocolate hollow figures for major brands such as Smarties, KitKat, and Milky Bar. According to the company, falling demand in recent years has led to a significant reduction in output at …

France: Lactalis to acquire Triballat

July 29, 2026

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Financial, Mergers & Acquisitions, Uncategorized

Lactalis, the French dairy business is in exclusive negotiations to acquire Triballat a France-based family-owned producer of protected designation of origin (PDO) cheeses. Founded in 1901 and based in Rians Triballat operates 17 production facilities including 14 in France, one in Spain and two in the US, employing 1,600 people. Specialising in goat’s cheese, faisselles cheeses and dairy desserts, the business produces the Rians brand along with PDO cheeses such …

USA: Mars Snacking to close Newark US HQ

July 28, 2026

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Europe, Financial, Food

Mars Snacking, the US-based confectionery and snacks manufacturer and Mars subsidiary, has announced plans to close its US headquarters in Newark (NJ) by the end of 2027 as it consolidates operations in Chicago. The company filed a WARN notice in New Jersey stating that it will eliminate 307 jobs at its Newark headquarters by 16th October 2026. Mars originally transitioned its US headquarters to New Jersey in 2020 while keeping its …

Brazil: Nestle invests R$ 540 million in Aracatuba plant

July 27, 2026

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Financial, Food, Health & Beauty, Latin America, Products

Nestle, the global food and beverage company has announced an investment of R$ 540 million ($96 million) in its Aracatuba factory in Sao Paulo by 2028. According to the company, the resources will be allocated to industrial modernisation, operational efficiency gains, incorporating new technologies, and strengthening production capacity. The Araçatuba facility is Nestle Brazil largest factory in terms of net revenue, producing over 180 products, including infant formulas, medical nutrition, …

UK: Suntory invests £14.5 million in blackcurrant facility

July 23, 2026

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Europe, Financial, Manufacture & Distribution

Suntory Beverage & Food GB&I (SBF GB&I), the producer of Ribena and Lucozade, has announced a £14.5 million ($18.9 million) investment in a new blackcurrant processing facility. Developed in partnership with Bevisol, a Herefordshire-based subsidiary of Dohler Group, the facility in Ledbury is in operation in time for this years harvest to process fruit sourced from SBF GB&I’s network of 33 British farms. The plant introduces modern technologies, including advanced …

Germany: Froneri expands Osnabruck plant

July 23, 2026

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Europe, Financial, Food

Froneri, the global ice cream manufacturer, is investing more than €30 million ($32.6 million) in expanding its German headquarters plant in Osnabrück. The investment will significantly increase production capacity through new facilities scheduled to go into operation for the 2027 ice cream season. The expansion will feature new production lines for private-label ice cream alongside a fully automated production line for Movenpick family packs, which hold market leadership in their …

Italy: Nestle Purina to invest 520 million CHF in new pet food facility

July 22, 2026

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Europe, Financial, Pet Care

Nestle Purina, the pet food division of Swiss food group Nestle, is investing CHF 520 million ($580 million) in a new wet pet food plant and integrated logistics platform in Mantova, Italy. Starting operations in 2029, the facility will produce super-premium wet pet food for cats and dogs to meet growing demand across Europe. The investment will bring the number of Purina production sites in Europe to 15, serving an …

USA: The Planting Hope Company announces public listing

November 15, 2021

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Financial, Food, North America

Julia Stamberger, CEO and co-founder, Planting Hope Company Planting Hope Company, a manufacturer of plant-based food and drinks, has announced plans to publicly list on Canada’s TSX Venture Exchange (TSX VE) on the 29th November. Described as a women-managed and woman-led company with a focus on nutrition, sustainability and diversity, Planting Hope Company claims to develop, launch and scale innovative plant-based and planet-friendly food and beverages. Its flagship brands are Hope and …

USA: Bumble Bee Foods files for bankruptcy, strikes asset sale deal

November 22, 2019

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Financial, Food, Mergers & Acquisitions, North America

Bumble Bee Foods, the US manufacturer of preserved fish and chicken products, has filed for bankruptcy and agreed a deal to sell its assets to Taiwanese seafood processor FCF, according to a Food Business News report. FCF will pay reportedly $925 million for Bumble Bee Foods’ assets. The declaration of bankruptcy will facilitate the sale and help Bumble Bee reduce its debt burden, the US company is quoted as saying. …

USA: Dean Foods files for bankruptcy

November 15, 2019

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Financial, Food, North America

Dean Foods, the troubled US dairy firm, has announced it has filed for bankruptcy protection amid financial difficulties. The firm, which is the US’s leading milk processor, said it and most of its subsidiaries had initiated voluntary Chapter 11 reorganization proceedings, adding that it intended to use the process to support its ongoing business operations and address debt and unfunded pension obligations while it works toward an “orderly and efficient” sale. Dean …

Australia: Murray Goulburn records A$31.9 million loss

March 1, 2017

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Asia Pacific, Financial

Murray Goulburn, Australia’s largest dairy foods company, has posted a loss of A$31.9 million ($24.5 million) for the first half of its financial year. The firm booked 14.8% less revenue compared to the same period a year ago, attributed to lower supplies, production cuts on farms and adverse seasonal conditions. According to Murray Goulburn CEO Ari Mervis: “Record rainfalls and high levels of competitor activity have reduced our milk intake, …

Germany: Henkel toasts “record” sales and earnings

February 27, 2017

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Europe, Financial, Health & Beauty, Household Care

Henkel, the German household and personal care giant, has announced a year of “record” sales and earnings as it unveiled its results for 2016. The Dusseldorf-based firm posted overall sales growth of 3.5% (or 3.1% on an organic basis) to end the year with €18.714 billion ($19.79 billion) revenue. Adjusted for foreign exchange effects, sales grew by 7.1%. The positive effect from acquisitions and divestments amounted to 4.0%, mainly as …

USA: PepsiCo reports results in 2016

February 17, 2017

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Financial, Global

PepsiCo, the global snacks and soft drinks giant, has announced its results for the fourth quarter and full-year 2016, with an increase in annual revenue rose of 5% to $19.52 billion. By region, in North America the Frito-Lay group rose 3% while the beverage unit saw organic growth of 2%. In Latin America, organic growth in snacks was 4%, offsetting a 3% decline in beverage volume. The Europe -Sub Saharan Africa unit and …

Denmark: Arla to invest €335 million

February 7, 2017

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Financial, Global

Denmark-based dairy specialist Arla Foods has revealed that it is expecting to invest €335 million ($361 million) in its production sites around the world. The plan has been made as part of the company’s global strategy of making Arla a household brand by 2020, as well as increasing revenue by almost a third. According to sources, the main focus of investments is to upgrade production and increase profitability and growth, …

Germany: Beiersdorf reports growth in 2016

January 19, 2017

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Europe, Financial, Health & Beauty

Beiersdorf, the German health & beauty firm behind the Nivea brand, has announced that it has “continued on its sustainable, profitable growth path” in 2016, with preliminary annual results showing organic sales rising 3.2% on 2015. The growth was achieved in what the company described as “difficult political and economic conditions in some countries and a considerably tighter competitive situation”. In nominal terms, Beiersdorf reported that sales rose by 1.0% …

Germany: Rossmann to open a further 250 stores

January 4, 2017

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Financial, Health & Beauty, Household Care, Manufacture & Distribution, Retail

Rossmann, the German personal and household care retailer, has announced plans to open a further 250 stores in 2017 with an investment of around €225 million ($235 million). The plans foresee 110 new locations for the German market, where Rossmann’s network of shops stood at 2,055 as of the end of 2016, figures from the company reveal. Outside Germany, Rossmann now operates 1,572 stores in a number of European countries, predominantly …

USA: P&G posts decline in annual net sales

August 2, 2016

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Financial, Health & Beauty, Household Care, North America

P&G, the multinational healthcare and household firm, has reported earnings of $65.3 billion, a decrease of 8% versus the prior year, for the financial year ending 30th June 2016. The US firm reported a negative six percentage point impact from foreign exchange and a negative two percent from the combined impacts of Venezuela and minor brand divestitures. Meanwhile, organic sales grew one percent as the benefit of increased pricing more than offset …

UK: Diageo reports organic volume and net sales growth

July 29, 2016

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Alcoholic Drinks, Europe, Financial

Diageo, the leading spirits firm, has announced its preliminary results for the financial year ending 30th June 2016, showing net sales and volume up on an organic basis compared to the previous year. Overall, net sales declined in absolute terms from £10.813 billion ($14.25 billion) to £10.485 billion ($13.82 billion), reflecting Diageo’s disposal of the Gleneagles and Bushmills brands, the sale of beer assets in Jamaica and Malaysia , and the divestment of …

Germany: Dr. Oetker reports “solid” results for 2015

May 4, 2016

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Europe, Financial, Food

Dr. Oetker, the Germany-based multinational food producer, described its performance as “solid” as it released its trading statements for the past financial year. Total revenues for the group increased to €2.37 billion ($2.72 billion), or 1.4% on an organic basis, excluding consolidation and currency effects. This same underlying growth figure of 1.4% applied to both domestic sales – which increased to €716 million (€822 million) – and overseas sales, which …

Israel: Carrefour in talks to enter market with Victory investment

March 11, 2016

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Financial, Mergers & Acquisitions, Middle East & Africa, Retail

Carrefour, the world’s second largest grocery retailer, is seeking to enter the Israeli market through an investment in the Victory supermarket chain, according to a report in Bloomberg. Talks about a potential investment, which were reportedly confirmed by the Israeli firm following media speculation, come as Victory itself is planning to submit a bid for Alon Blue Square’s troubled Mega Supermarket chain in order to strengthen its presence in the near …

Belgium: AB InBev reports value growth but volume fall in 2015

March 9, 2016

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Alcoholic Drinks, Financial

World-leading brewer AB InBev has posted its financial statements for 2015, revealing a rise in sales but a drop in volume for the full year. Revenue grew by 6.3% and 7.7% on a constant geographic basis to $43.604 billion, the company reported. Total volumes meanwhile declined by 0.6%, with own beer volumes essentially flat and non-beer volumes down 4.7%. At the brand level, AB InBev said that global revenues for Budweiser …

Switzerland: Lindt & Sprungli sees sales up 7% in 2015

March 9, 2016

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Europe, Financial, Food

Leading chocolate firm Lindt & Sprungli posted organic sales growth of 7% in 2015, with the firm boasting of “another record result” as it released its financial statements for the latest year. The Swiss confectioner reported that it had achieved consolidated sales of 3.65 billion CHF ($3.66 billion), equating to an increase of 13.5 % in local currencies and 7.9 % in Swiss francs. The company added that the group’s operating …

Pakistan: FrieslandCampina eyes up majority stake in Engro Foods

March 7, 2016

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Asia Pacific, Europe, Financial, Food, Mergers & Acquisitions

Dutch dairy firm FrieslandCampina has unveiled its intention to aquire a majority stake in Engro Foods, the leading Pakistani dairy firm, as it announced its latest financial results. The company said that the proposed acquisition formed part of its updated Route2020 programme, which sees strategy resources deployed to achieve sustainable long-term growth through existing and new product-market combinations. FrieslandCampina said that it would start investigating a possible acquisition of an interest …

Denmark: Arla Foods sees revenue drop in 2015

March 1, 2016

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Europe, Financial, Food, Non-Alcoholic Drinks

Danish dairy cooperative Arla Foods claimed to have “delivered a robust performance” despite a “tough year for the global dairy industry”, as it announced its latest financial results. According to a press release, the company “came out of 2015 with US11.25 billion (EUR€10.3 billion) in revenue”, which was a 3.3% decline compared to 2014. The firm noted that increased milk supply in Europe combined with China’s slowdown in demand and …

Switzerland: Nestle sees 4.2% organic growth in 2015

February 29, 2016

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Europe, Financial, Food, Non-Alcoholic Drinks, Pet Care

Nestle, the world’s leading food multinational, has released its full year results, posting single-digit organic growth over 2015. The Swiss firm said that organic growth was 4.2% with real internal growth of 2.2%, fuelled in particular by a strong showing in the Americas where turnover was up 5.8%. Total sales for the year amounted to 88.8 billion CHF ($89.57 billion), while net profit was 9.1 billion CHF ($9.18 billion). Commenting on …

France: Danone reports “solid” performance in 2015

February 25, 2016

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Europe, Financial, Food, Non-Alcoholic Drinks

Dairy and drinks multinational Danone saw total sales rise in 2015 to €22.412 billion ($24.70 billion), according to its latest financial statements. Describing its performance as “solid” and “in line with objectives”, the France-based firm reported that overall sales for the year had risen 4.4% on a like-for-like basis, with trading operating margin up +17 bps to 12.91%. Topline sales growth was driven primarily by the company’s Waters, Early Life Nutrition …

USA: Kellogg grows sales in 2015

February 22, 2016

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Financial, Food, North America

US cereal and convenience foods giant Kellogg has announced that it “met or exceeded initial guidance” for sales, operating profit, earnings per share, and cash flow in full year 2015, according to its recently disclosed financial statements. Kellogg’s net sales rose to $13.525 billion, with reported growth up 7.2%, and currency-neutral comparable growth up 1.2% on full year 2014. The company’s margin stood at 38.8% in full year 2015, as …

UK: Reckitt Benckiser sees full year growth and margin expansion

February 18, 2016

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Europe, Financial, Health & Beauty, Household Care

Health, hygiene and household care producer Reckitt Benckiser (RB) has posted growth and margin expansion in full year 2015, according to its recently disclosed financial reports. RB’s total revenues rose to £8.874 billion ($12.684 billion), with organic growth up 6% on full year 2014. The company claims its gross margin increased by +140bps to 59.1% (totaling £5.246 billion / $7.498 billion), driven bymix, input costs, and cost programmes. Operating profit …

USA: Coca-Cola sees full year revenue and profits fall

February 12, 2016

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Financial, Non-Alcoholic Drinks, North America

Non-alcoholic drinks giant Coca-Cola posted a fall in net operating revenue and gross profit in the 2015 financial year, according to the company’s latest financial statements. While organic revenue grew 4%, full-year net revenue declined 4% to $44.294 billion and gross profit was down 5% to $26.812 billion, the company reported. It noted, however, that global volume had grown 2% for the full year and also reported that it had “gained …

Netherlands: Heineken post revenue in excess of €20 billion in 2015

February 10, 2016

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Alcoholic Drinks, Europe, Financial

Multinational brewer Heineken has posted revenue, volume and profit growth in full year 2015, according to its recently-released financial statements. The beermaker saw total revenues rise to €20.511 billion ($23.10 billion), with organic growth up 3.5% on full year 2014. Consolidated beer volumes were up 2.3% with positive growth in Americas, Asia Pacific and Europe offsetting weaker volume in Africa Middle East & Eastern Europe, the company added Operating profit (beia) …

UK: Unilever turnover up 10% in 2015

January 25, 2016

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Financial, Food, Health & Beauty, Household Care, Non-Alcoholic Drinks

FMCG Unilever posted a turnover increase of 10% in 2015, according to the company’s latest full year financial statements. Total sales for the year rose to €53.3 billion including a positive currency impact of 5.9%. The company also reported underlying sales growth of 4.1% “ahead of our markets”, with volume up by 2.1% and value up by 1.9%. The company reported especially strong growth in emerging markets, with underlying sales rising by 7.1%, …

Germany: Beiersdorf sees sales growth of 3% in 2015

January 14, 2016

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Europe, Financial, Health & Beauty

Health & beauty firm Beiersdorf announced that it posted organic group sales growth of 3% in 2015, as it released its latest annual financial statements. Announcing that it had “continued on its profitable growth path in 2015 in a challenging market environment”, the firm said that, in nominal terms, sales rose by 6.4% from €6.285 billion ($6.82 billion) to € 6.686 billion ($7.26 billion). In the Consumer Business Segment, organic …

France: Pernod Ricard reports 2% annual sales growth

August 28, 2015

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Alcoholic Drinks, Europe, Financial

Pernod Ricard, the co-leader in the global wine and spirits business, has released its latest annual financial statements showing organic sales for the full year up 2% to €8,588 million ($9,705 million). “Considering what is still a very challenging environment, the group posted a good business performance”, the company said. Reported sales were up 8%, mainly as a result of “very favourable” exchange rates. Further describing the results as a “gradual improvement” …

India: Carlsberg doubles its market share

August 25, 2015

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Alcoholic Drinks, Asia Pacific, Financial

Global brewer Carlsberg has released its latest financial figures in India, revealing that is has managed to almost double its market share in the country to nearly 15% of the Indian beer market in the quarter ended June. “Our Indian business grew 43% organically in a market growing by an estimated 5%. In Q2, our Indian market share was around 15%, the highest level ever and Tuborg became the second …

China: Coca-Cola plans to invest $4 billion

August 24, 2015

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Asia Pacific, Financial, Manufacture & Distribution, Non-Alcoholic Drinks

Coca-Cola has announced plans to invest $4 billion in China over the next three years, according to a report in the Jakarta Post. Together with its bottling partners – COFCO Coca-Cola Beverages, Swire Beverages and Coca-Cola Bottling Investments Group China – Coca Cola will invest in expanding production capacity, distribution networks and facilities, and marketing. After the company reported 6% growth in sales during the second quarter of this year, …

USA: Kraft Heinz to shed 2,500 jobs

August 18, 2015

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Financial, Food, North America

The newly-formed Kraft Heinz business is to cut 2,500 jobs in the USA and Canada as part of a rationalization programme, according to a report in VC Post. According to VC Post, around 700 posts will be lost at the company’s headquarters in Northfield, Illinois. Kraft Heinz’s total workforce stands at 46,600, including 1,900 at the Northfield site. No factory posts are reportedly implicated in the restructure. Michael Mullen, Kraft …

Switzerland: Nestle maintains status as the world’s biggest dairy company

August 10, 2015

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Europe, Financial, Non-Alcoholic Drinks

According to the Rabobank ranking for the year 2014, the Swiss company Nestle has maintained its positioned as the biggest dairy company in the world, with a total annual turnover of €20.9 billion ($23.2 billion). The French companies Lactalis (€14.7 billion / $16.3 billion) and Danone (€14.6 billion / $16.2 billion) made it to second and third positions, changing places compared to the 2013 ranking. The fourth place was taken …

USA: Procter & Gamble announces annual results

August 3, 2015

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Financial, North America

Procter & Gamble has announced its fiscal year results, showing growth of 1% in organic sales and a decrease of 5% in net sales. “In fiscal 2015, P&G delivered strong, double-digit constant currency core EPS growth and very good free cash flow productivity of over 100% on modest organic sales growth”, said chairman, president, and chief executive officer AG Lafley. “We made significant productivity gains and have largely executed the …

India: Coca-Cola implements first production cut in a decade

July 31, 2015

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Asia Pacific, Financial, Manufacture & Distribution, Non-Alcoholic Drinks

Coca-Cola has effected its first cut in production in India in over a decade following a number of months of poor sales, according to reports in Restaurant India and the Business Standard. In the peak summer season of April-June 2015, Coca-Cola reportedly saw a “mid single digit” drop in sales volumes from the previous year. April-June is the peak season for soft drinks industry in India, contributing about 40 percent …

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