USA: Post Holdings acquires 8th Avenue
Post Holdings, a leading consumer packaged goods holding company, has announced a definitive agreement to acquire 8th Avenue, a diversified food manufacturer. Under the agreement, Post will eliminate 8th Avenue’s outstanding net debt and acquire all equity interests for a net payment of approximately $880 million. 8th Avenue specializes in branded and private label dry […]
UK: Nestle partners on AI-driven food redistribution initiative
The UK division of Nestle, the leading food manufacturer, has announced it has partnered with food waste initiative FareShare, as well as technology solution Google Cloud, to develop an artificial intelligence (AI) led platform to redistribute surplus food. In a statement, the company said the project aims to redistribute up to 700 tonnes of quality surplus […]
USA: JM Smucker to close Hostess plant
JM Smucker, a US-based food and beverage company, has announced plans to close its manufacturing facility in Indianapolis (IN), which produces Hostess-branded products, and consolidate operations at other existing sites. The facility was originally acquired by JM Smucker as part of its $5.6 billion deal to buy Hostess Brands in 2023. Commenting on the move, Pet and Sweet Baked […]
USA: JBS to invest $135 million in new sausage plant
JBS, the global meat company, has announced plans to invest $135 million in the construction of a state-of-the-art sausage production facility in Perry (IA). The new facility is expected to produce 130 million pounds of sausage annually. It will initially operate with one shift and 250 staff, with plans to expand to two shifts and […]
USA: Nightingale Ice Cream to open $5.8 million plant in Virginia
Nightingale Ice Cream, a US ice cream sandwiches producer, has announced plans to relocate to a newly developed $5.8 million production site in Southside (VA), creating 166 jobs. Founded in 2016, Nightingale is a specialist in handcrafted ice cream products, with its range available in over 5,000 retail locations including Whole Foods Market, Kroger, The Fresh Market […]
USA: B&G Foods to sell Don Pepino and Sclafani brands to Violet Foods
B&G Foods, the US-based ambient and frozen foods firm, has announced that it has sold its Don Pepino and Sclafani brands of sauces and canned tomatoes to Violet Foods, a newly formed portfolio company of equity fund Amphora Equity Partners. In 2010, B&G acquired Sclafani, Don Pepino and Violet through its purchase of Violet Packing […]
Japan: CJ Foods to build new dumpling factory
CJ Foods, the leading South Korean food firm, has announced plans to invest KRW 100 billion ($73 million) to build a new production facility for mandu dumplings in Chiba prefecture, Japan. The new factory will span 42,000 sq m in Kazusa Akademia Park and will include 8,200 sq mt of floorspace dedicated to advanced production operations. […]
Finland: Fazer invests $12.5 million to expand bakery plant
Fazer, the leading Finnish bakery and confectionery firm, has invested €11 million ($12.5 million) in a new state-of-the-art rye bread line to expand production capacity at its Lahti facility. Founded in 1891, Fazer is one of Finland’s largest food industry corporations, with facilities in Vantaa, Lahti, and Lappeenranta. The company operates 139 in-store bakeries within […]
USA: Kewpie opens second manufacturing facility
Kewpie, the Japanese seasonings firm, has announced the opening of its second production facility in the US state of Tennessee, as well as the start of condiment production for its subsidiary Q&B Foods. Commenting on the move, Kewpie representative director, president, and chief executive corporate officer, Mitsuru Takamiya said: “Our plan is for this Tennessee […]
Germany: Rewe to trial “cooking robots”
German supermarket chain Rewe is set to trial an in-store system that utilizes autonomous “cooking robots” to prepare fresh meals for consumers, according to an ESM report. Reportedly claimed as a world first, the innovation is said to stem from a partnership with AI robotics and software firm Circus SE. Beginning in autumn 2025, three stores […]