UK: Meatly secures funding for pilot cultivated meat facility
Meatly, the UK-based cultivated meat startup, has completed a £10.4 million ($13.1 million) Series A funding round to build a new 20,000 l production facility in London. The round included participation from Clean Growth Fund, Oyster Bay, JamJar Ventures, Jim Mellon and existing backers Agronomics and Pets at Home. The investment brings Meatly’s total funding […]
India: TMICC expands manufacturing
The Magnum Ice Cream Company (TMICC), the standalone ice cream business formed following its separation from Unilever, is planning to expand its manufacturing footprint in India with the addition of four new factories. The move represents a strategic focus on premium growth and a shift towards dairy-led products within the Indian market. Alongside the manufacturing […]
South Africa: Beyers Chocolates enters liquidation
Beyers Chocolates, the South African confectionery manufacturer, has been placed under provisional liquidation following a dispute with the retail chain Woolworths. The company, founded by Kees Beyers, has been a supplier of private-label chocolates for the retailer for over 30 years. According to reports from Moneyweb, Beyers Chocolates faced a liquidity crisis after Woolworths reduced […]
France: Breizh Rebond acquires Les Quatre Saisons
Breizh Rebond, the French regional private equity firm, has acquired Les Quatre Saisons, a producer of jams and spreads. Based in Poher, Brittany, Les Quatre Saisons specialises in sweet and savoury spreads, confits and energy products for athletes. The transaction, which was approved by the Lille Commercial Court on 30th April, makes Breizh Rebond the […]
Sweden: Fazer to acquire confectionery manufacturer Aroma AB
Fazer, the Finnish food and confectionery company, has agreed to acquire Aroma AB, a Swedish confectionery manufacturer specialising in the pick & mix segment. The acquisition is intended to strengthen Fazer’s position in the Swedish confectionery market across packed candy, seasonal products, and pick & mix. Aroma, which was founded in 1921, operates three production […]
USA: Bel Group acquires Brainiac snack brands
Bel Group, the global dairy, fruit and vegetable snacking company, has acquired the Brainiac and Little Brainiac brands from US functional snack producer Ingenuity Foods. The acquisition adds a functional snacking platform to Bel Group’s North American portfolio, complementing its existing GoGo squeeZ range. Formulated with Omega-3s and other essential nutrients, the Brainiac range is […]
USA: Walmart opens third milk processing facility
Walmart, the USA-based retail giant, has opened its third owned and operated milk processing facility in Robinson (TX). The new facility represents an investment of over $350 million and will create more than 400 new jobs. Sourcing directly from local dairy farmers, the site will process and bottle options including whole, 2%, 1%, skimmed and chocolate […]
Spain: Carmencita opens new logistics facility
Carmencita, the Spanish spice and condiment producer, has advanced its operational structure with the launch of a new logistics warehouse in Elche, Spain. The new facility, spanning over 10,000 sq m, is located in the Elche Industrial Park. According to the company, the development represents a strategic step to optimise logistical processes, gain operational agility […]
Germany: Harry-Brot acquires Gotz-Brot production plant
Harry-Brot, the German industrial bakery group, has agreed to acquire the production site of Gotz-Brot, the Wurzburg-based bakery chain. The transaction focuses on the Gotz-Brot manufacturing facility located in Waldbuttelbrunn. According to reports, Gotz-Brot operated a network of 70 branches and employed 450 staff before entering insolvency proceedings. While Harry-Brot is securing the production operations, […]
Germany: Edeka launches Heimatliebe regional label
Edeka, the German retail group, has consolidated its regional fruit and vegetable offering under a new private label brand, Edeka Heimatliebe. According to reports in Levensmiddelenkrant and AGF, the new label, which translates to “love for the homeland,” is being rolled out across Edeka supermarkets and its discount subsidiary, Netto Marken-Discount. By standardising its regional […]