Switzerland: Mondelez to invest in manufacturing facility
USA based snack and confectionery group Mondelez, has announced an investment of 65 million CHF ($80 million) to upgrade its Toblerone chocolate facility in Bern, Switzerland. The investment is being made in the location where Toblerone was founded in 1908, and where around 90% of Toblerone products sold worldwide are still manufactured. A production line that […]
USA: Cal-Maine Foods to acquire Echo Lake Foods
Egg producer and distributor Cal-Maine Foods has signed an agreement to acquire breakfast food manufacturer Echo Lake Foods for approximately $258 million. Echo Lake Foods produces, packages, markets and distributes ready-to-eat egg products and breakfast foods, including waffles, pancakes, scrambled eggs, frozen cooked omelettes, egg patties, toast and diced eggs. The acquisition will allow Cal-Maine […]
India: Nestle to set up factory in Odisha with $100 million investment
The Indian arm of Swiss consumer goods giant Nestle has announced that it has laid the foundation stone for a new factory in Odisha, with an investment of 900 crore INR ($108 million). This new facility, Nestle India’s tenth in the country, will focus on producing food items such as ready-to-eat meals and culinary aids. Commenting on […]
UK: Eurovo to acquire majority stake in Two Chicks
Italian egg producer Eurovo has announced the acquisition of a majority stake in UK-based liquid egg white brand Two Chicks for an undisclosed sum. Founded in 2007, Two Chicks is claimed to be the first company to launch liquid egg whites in UK retail. Eurovo supplies eggs and egg products to over 5,000 customers in […]
Germany: Danone to close Ochsenfurt factory
Dairy giant Danone has announced that the company will be closing its dairy plant in Ochsenfurt, Germany, by Q4 2026. According to sources, the decision stems from a restructuring plan that the company has been carrying out in Germany Danone is said to have invested in the plant consistently for 15 years, including in 2019 when the […]
Australia: Mars Wrigley invests in factory expansion
Leading food multinational Mars Wrigley has announced an investment of A$6.5 million ($4.2 million) to increase production capacity for gums and mints at its factory in Asquith, Australia. According to sources, the investment includes a new production line and a circular-by-design packaging technology that is able to remove 13 tonnes of soft plastic per year. Production capacity […]
USA: Hershey to acquire snack producer LesserEvil
The Hershey Company, the US confectionery and snacks firm, has announced that has entered into an agreement to acquire LesserEvil, a maker of organic snacks. “Investing in LesserEvil brings a multi-category, better-for-you snacks platform to extend our offerings into new categories and forms, reaching new consumers in more eating occasions,” said Hershey president and CEO […]
Brazil: Lactalis to invest $50 million to boost production of cheese and butter
Lactalis, the French-based dairy giant, has announced plans to invest a further €46.2 million ($50 million) to increase cheese and butter production in the Brazilian city of Uberlandia, in the state of Minas Gerais. In a statement reported by Just Food, the company said that the investment would be used to establish a new prato […]
USA: Marquez Brothers acquires YoGusto brand
Marquez Brothers, a leading Hispanic food producer, has announced that it reached an agreement to acquire Hato Potero Farms, the owner of YoGusto brand of dairy products Hato Potrero Farm Inc. is a family-run dairy manufacturer whose flagship YoGusto bramd offers drinkable yoghurts and other dairy products such as lactose-free milk, chocolate milk, sour cream and […]
Germany: Bonduelle sells packaged salad business
Bonduelle, the French vegetable processor, has announced the sale of its packaged salad business in Germany to Taylor Farms, effective 31st March “This divestment, aligned with the ‘Transform to Win’ plan revealed on August 29, marks a key milestone in enhancing the group’s operational profitability”, the firm said in a statement, noting it was also accelerating […]