France: Ferrero invests €95 million in production facilities
Ferrero, the Italian-based confectionery firm, is investing €95 million ($108 million) to upgrade an existing facility in Villers-Ecalles, in northern France, that manufactures Nutella hazelnut spread. According to reports in Le Figaro and ESM, the investment will go towards two new warehousing units, as well as other “modernisation” works. The new investment comes on the back of […]
Italy: Italpizza to secure €58m in financing to raise production
Italpizza, the Italian pizza manufacturer, has secured €58 million ($65.8 million) in financing from several sources to boost production at three of its Italian plants, according to reports in Just Food and ESM The funding will be used to enhance production capacity to around 575 million pizzas by 2028, across the company’s facilities in Modena, Castelbelforte and […]
Brazil: Lowcucar expands manufacturing facilities
Lowcucar, a Brazilian firm specialising in low sugar products, has announced that it is investing in its manufacturing plant in order to strengthen production capacity and efficiency. According to sources,the company has acquired new equipment to expand its biscuit line, in addition to investing in the automation of packaging processes. Following the upgrades, production capacity is estimated […]
Australia: Nutifood, ViPlus Dairy unite to create joint venture
Nutifood, a Vietnamese dairy firm, has partnered with its Australian peer ViPlus Dairy to form the international joint venture ViPlus Nutritional Australia and associated dairy brand GippsNature. The brand will blend the natural resources of Australia’s Gippsland region with scientifically validated nutrition, to support health and growth across all life stages, the two companies said. […]
Finland: Valio to invest €30 million in Joensuu production facility
Finnish dairy firm Valio has announced an investment of €30 million ($34 million) in a new cheese maturation warehouse at its production plant in Joensuu. The investment will cover the construction of the expanded warehouse expansion and automation of its operations, and it is expected to begin this month. As a result of the upgrade, cheese […]
USA: Chobani acquires Daily Harvest
Chobani, the leading US greek yoghurt firm, has announced the acquisition of Daily Harvest, a plant-based frozen smoothie and meals start-up, for an undisclosed amount. Founded in 2015, Daily Harvest is a New York-based company operates through a direct-to-consumer model, aiming to provide convenient, organic options rich in fruit and vegetables. Commenting on the move, Daily […]
Nigeria: Mamuda Group invests $50 million in Ogun State
Nigerian FMCG firm Mamuda Group has announced an investment of $50 million to expand in Ogun state. According to sources, the investment will happen in several phases. Starting in June, the company will begin work on a new facility for its subsidiary Mamuda Beverages, before investing in the group’s food subsidiary Mamuda Foods, agricultural subsidiary Mamuda Agro […]
Brazil: Piracanjuba acquires dairy firm Natulact
Brazilian dairy firm Grupo Piracanjuba has announced the acquisition of Santa Barbara Industria e Comercio de Bens e Laticinios (Natulact), a dairy company from Brazil’s North East region. According to sources, the acquisition marks Piracanjuba’s debut in the North East, as the company seeks to expand its reach and competitiveness. Initially, cheese will continue to […]
USA: Kraft Heinz to invest $3 billion in modernising manufacturing sites
US food giant Kraft Heinz has announced plans to invest $3 billion to modernise its 30 existing manufacturing sites to strengthen operations and expand market reach. In an interview with Reuters, a company spokesperson said the upgrades were designed to make plants more efficient, helping reduce costs and potentially ease the impact of any import […]
USA: Archer to open second meat snack manufacturing facility
US meat snack company Archer has announced the opening of a second production facility, nearly doubling its total manufacturing capacity. Located in the Vernon district of Los Angeles (CA), the plant will span an area of 140,000 sq ft and focus solely on meat stick production. An existing facility in San Bernardino (CA) will continue producing both jerky […]