USA: Nichirei Foods subsidiary InnovAsian to build Arkansas frozen food plant
InnovAsian, a subsidiary of Japanese frozen food giant Nichirei Foods, has announced plans to construct a $105 million state-of-the-art manufacturing facility in Jonesboro (AR). The new 175,000 sq ftplant, located in the Craighead Technology Park, is expected to create approximately 200 new jobs. According to the company, the investment is intended to significantly increase production capacity for […]
USA: Agrolimen acquires fresh dog food brand Ollie
Agrolimen, the Spanish food and pet care group, has announced the acquisition of Ollie, a New York-based fresh, human-grade dog food brand. Although financial terms were not officially disclosed, sources familiar with the transaction suggested the deal values the brand at over $600 million. Founded in 2016, Ollie operates a direct-to-consumer subscription model, utilizing national […]
USA: Smithfield Foods to shutter Massachusetts plant
Smithfield Foods, the US-based pork and packaged meats giant, has confirmed it will close its dry sausage production facility in Springfield (MA) in August. The move is expected to impact approximately 190 employees, with layoffs scheduled to take place between April and September. According to the company, production from the Springfield site will be transferred to […]
Brazil: JBS to invest $150 million in Oman multi-protein hub
JBS, the Brazilian meat processing giant, has announced a $150 million investment to establish a major multi-protein production platform in Oman. Through a joint venture with Oman Food Capital (OFC), the agri-food investment arm of the Oman Investment Authority, JBS has acquired an 80% stake in a new holding company that consolidates two significant production […]
Germany: Fini acquires Tri d’Aix
Fini, the Spanish confectionery giant, has acquired Tri d’Aix, a German firm specialising in the sales and distribution of sweets, for an undisclosed sum. The transaction involves the acquisition of all business and assets of the Alsdorf-based company and follows more than 30 years of close collaboration between the two businesses. Founded in 1991, Tri […]
USA: Hain Celestial sells North American snacks business to Snackruptors
Hain Celestial, the US organic and natural products company, has agreed to sell its North American snacks business to Canadian manufacturer Snackruptors for $115 million. The transaction includes the divestment of major brands such as Garden Veggie Snacks, Terra and Garden of Eatin’. The deal is part of Hain Celestial’s broader strategy to simplify its […]
Brazil: Baly Brasil acquires factory in Ararangua
Baly Brasil, the Brazilian beverage manufacturer and leader in the national energy drink market, has acquired an industrial facility previously belonging to tobacco processor Alliance One in Ararangua, Santa Catarina, for an undisclosed sum. The acquisition of the 500,000-sq m site (including 100,000 sq m of built area) marks the establishment of Baly’s fourth manufacturing […]
Spain: Oleoestepa unveils investment plan for quality, capacity
Oleoestepa, the leading Spanish cooperative society known for its extra virgin olive oils, has approved a new investment plan focused on two strategic projects designed to reinforce quality control and expand packaging capabilities. The first project involves the creation of a modern analytical laboratory to monitor the quality of extra virgin olive oil produced by […]
UK: Aldi to invest £370 million in store expansion
Aldi, the German discount supermarket chain, has announced a capital investment of £370 million ($504 million) to open 40 new stores across the UK in 2026. The expansion plan, which forms part of a broader £1.6 billion ($2.2 billion) two-year investment strategy, aims to address “geographic gaps” in the retailer’s estate. Confirmed locations for the […]
Sweden: Paulig to shutter spices factory in Molndal
Paulig, the Finnish food and beverage company, has announced plans to end production at its spices factory in Molndal, Sweden and consolidate operations into its existing facility in Saue, Estonia. The decision, reportedly driven by rising input costs and a need to improve competitiveness, will affect 105 employees in total, comprising all 86 workers at the […]