Italy: Fornaio del Casale acquires three food firms
Fornaio del Casale, the Italian bakery producer trading as Gecchele, has acquired three Italian snack and confectionery companies to form a new group named Equipe Del Casale. The acquisitions of Castelfood, Figuli and Dolciaria Ponte Vecchio mark the first stage of a ‘buy-and-build’ strategy led by the Italian private equity firm Aksìa SGR, which acquired […]
Brazil: J.Macedo inaugurates new industrial complex in Horizonte
J.Macedo, the Brazilian food manufacturer, has officially opened its new industrial complex in Horizonte, Ceara. The project represents a total investment of R$ 300$ million ($60 million), according to the company. The new facility is intended to streamline production and distribution across the North and Northeast regions of Brazil. Named the Roberto Proenca de Macedo […]
UK: Lidl to open more than 50 new stores
Lidl, the discount supermarket chain, has announced plans to open more than 50 new stores across Great Britain over the next 12 months. The expansion is part of a £600 million ($750 million) investment in British infrastructure aimed at strengthening the company’s store network and unlocking regional growth. The move is expected to create approximately […]
USA: Philip Morris International to close Alabama cigar facility
Philip Morris International (PMI), the global tobacco and nicotine manufacturer, has announced plans to close its cigar production plant in Dothan (AL). The move is expected to result in the loss of 54 jobs, according to reports in Nicotine Insider. Operations at the facility are slated to cease by mid-2026, marking the end of the […]
Canada: United Petfood acquires Quebec manufacturing facility
United Petfood, the Belgian private label pet food manufacturer, has announced its entry into the Canadian market through the acquisition of a production facility in Drummondville, Quebec. The site, which focuses on the manufacture of dry pet food, was acquired from Legault Group as part of an asset deal for an undisclosed sum. The move […]
USA: Tyson Foods to close Georgia facility
Tyson Foods, the USA-based food giant, has announced plans to shut down its prepared foods plant in Rome (GA). The facility, which is operated under Tyson’s subsidiary Hillshire Brands, is scheduled to cease operations on the 31st May. According to a Worker Adjustment and Retraining Notification (WARN) notice, the closure will result in the layoff […]
South Africa: Coca-Cola to invest $1 billion by 2030
Coca-Cola, the US-based soft drinks giant, has announced that its Coca-Cola system intends to invest $1 billion in South Africa by 2030. The system, comprising regional division Coca-Cola Africa and local bottling partner Coca-Cola Beverages South Africa (CCBSA), will focus the capital on expanding manufacturing and distribution capacity. According to the company, the investment follows […]
Italy: Ambienta acquires majority stake in The Bridge
Ambienta, the European private equity firm focused on environmental sustainability, has acquired a majority stake in The Bridge, an Italian producer of organic plant-based drinks and dairy alternatives. Based in San Pietro Mussolino (Vicenza), The Bridge specialises in 100% organic, vegan, cholesterol- and lactose-free products. Its portfolio includes plant-based beverages, yoghurts and desserts made from […]
Turkey: United Petfood and Lider Petfood acquire production site
United Petfood, the Belgian pet food manufacturer, and Lider Petfood, the Turkish pet food producer, have announced the acquisition of a dry pet food production facility in Kırklareli, Turkey. The companies have purchased the site from Maya Family, a Turkish pet food business. Located near Istanbul, the plant is intended to serve demand in both […]
USA: Mars to expand Chicago headquarters
Mars, the US-based snacking and confectionery giant, has announced a $100 million investment to expand its global headquarters in Chicago, creating 602 new jobs. The project involves opening two new office hubs to house the company’s North America region and global functions. Mars will establish a regional office in the Fulton Market district and a […]