Netherlands: Orkla Snacks to acquire The European Candy Group
Orkla Snacks, the confectionery, biscuits and salty snacks business unit of Orkla, has agreed to acquire 100% of the shares in vegan sugar confectionery producer The European Candy Group, also known as CCI. The transaction values the Dutch private-label confectionery manufacturer at an enterprise value of €207 million ($225 million) on a cash- and debt-free […]
Italy: Gruppo Pini to build meat facility in Masone
Ferrarini Lab, a subsidiary of Italian meat products company Gruppo Pini, is investing €99.9 million ($109.5 million) to construct a new production hub in Masone, Reggio Emilia. The project has received a favourable evaluation from the Emilia-Romagna regional authority and has been submitted to the Ministry of Enterprises and Made in Italy for funding support […]
Ireland: Scandi Standard to acquire Glenhaven Foods
Scandi Standard, the Swedish poultry producer, has entered into an agreement to acquire Glenhaven Foods, an Irish producer of frozen value-added poultry products, at an enterprise value of €127 million ($138 million). The acquisition expands Scandi Standard’s presence in the UK and Ireland, building upon the leading position of its Irish business, Manor Farm. Founded […]
USA: Sargento Foods agrees to acquire La Terra Fina
Sargento Foods, the US natural cheese company, has signed a definitive agreement to acquire California-based La Terra Fina, a category leader in dairy-based dips, spreads and quiches. The deal will see Sargento Foods enter the deli department of grocery retailers across the USA. Founded in 1983, Union City-based La Terra Fina employs approximately 250 staff […]
USA: Griesson de Beukelaer acquires DeBeukelaer Corporation
Griesson de Beukelaer (GdB), the German biscuit and snack manufacturer, is acquiring DeBeukelaer Corporation (DBC), a US manufacturer of cream-filled rolled wafer cookies located in Madison (MS). The deal includes DBC’s Pirouline brand, famous for its signature swirled stripe. Alongside the acquisition of the existing business, GdB plans to make an immediate investment in a state-of-the-art […]
USA: Conagra Brands to invest $125 million in supply chain
Conagra Brands, the US food manufacturer plans to invest an incremental $125 million in fiscal 2027 to strengthen its supply chain and lower costs by moving more production in-house. According to President and ceo John Brase, the spending will contribute to goals of improving supply chain resiliency, maintaining high service levels, and reducing inventory and […]
France: Lactalis to acquire Triballat
Lactalis, the French dairy business is in exclusive negotiations to acquire Triballat a France-based family-owned producer of protected designation of origin (PDO) cheeses. Founded in 1901 and based in Rians Triballat operates 17 production facilities including 14 in France, one in Spain and two in the US, employing 1,600 people. Specialising in goat’s cheese, faisselles […]
USA: Mars Snacking to close Newark US HQ
Mars Snacking, the US-based confectionery and snacks manufacturer and Mars subsidiary, has announced plans to close its US headquarters in Newark (NJ) by the end of 2027 as it consolidates operations in Chicago. The company filed a WARN notice in New Jersey stating that it will eliminate 307 jobs at its Newark headquarters by 16th October […]
Brazil: Nestle invests R$ 540 million in Aracatuba plant
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 […]
USA: Intersnack to take Utz Brands private in $2.9 billion deal
Intersnack Group, the German savoury snacks manufacturer has agreed to acquire Utz Brands, the US salty snacks producer in a transaction valuing the business at approximately $2.9 billion. Under the definitive agreement Intersnack will purchase all outstanding shares of Utz’s Class A common stock for $14.25 per share in cash representing a premium of approximately […]