USA: Sugar Foods expands North American footprint with Indiana facility
Sugar Foods, the US-based food manufacturer behind brands such as Fresh Gourmet, Mrs. Cubbison’s, Concord Foods and N’Joy, has secured a 617,000 sq production and distribution facility in Whiteland (IN) to strengthen its national supply chain and support growth across foodservice, retail and private label markets. The state-of-the-art facility, located in central Indiana, is designed to […]
UK: LT Foods inaugurates rice production facility
LT Foods, the Indian-origin global FMCG company, has commenced operations at a new state-of-the-art rice processing and packing facility in Harlow, UK. The 100,000 sq ft plant has a production capacity of 60,000 tonnes of rice per annum. According to the company, the site was established via an initial investment of £7 million ($8.9 million), […]
USA: V&V Supremo Foods secures land for Wisconsin expansion
V&V Supremo Foods, a Chicago-based producer of Mexican dairy and meat products, has announced plans to establish a new state-of-the-art production facility in Jefferson (WI). The company has acquired a 39-acre site for the development, which is intended to increase manufacturing capacity to meet rising national demand for its portfolio. While specific investment figures were […]
South Africa: McCain streamlines operations with sale of vegetable business
McCain South Africa, the local arm of the Canadian frozen food giant, has agreed to sell its vegetable manufacturing operations to Enduring Ventures, a US-based entrepreneurial holding company. The transaction, for which financial details were not disclosed, includes the acquisition of the well-known Harvestime brand. The deal encompasses a vegetable processing facility in Springs, Gauteng, […]
USA: Coty completes divestment of Wella
Coty, the American beauty multinational, has finalised the sale of its remaining 25.8% stake in haircare brand Wella to the global investment firm KKR. Under the terms of the agreement, Coty will receive an upfront cash payment of $750 million. Furthermore, the company retains the right to 45% of any future proceeds from a potential […]
Sweden: Lantmannen acquires charcuterie firm Slaktarkorv
Lantmannen, the Swedish agricultural cooperative, has announced the acquisition of Slaktarkorv, a domestic producer of charcuterie and meat products. Based in Stockholm, Slaktarkorv specialises in traditional Swedish sausages and cured meats, operating with a focus on high-quality ingredients and artisanal production methods. The acquisition is intended to strengthen Lantmannen’s position in the Swedish food value […]
India: Godrej commits $1.19 billion investment in Telangana
Godrej, the Indian multi-business conglomerate, has signed a Memorandum of Understanding with the government of Telangana to invest 10,000 crore INR ($1.19 billion) in the state over the next few years. The investment will be distributed across several of the group’s key business units. Godrej Agrovet, the company’s agribusiness arm, plans to establish an integrated […]
UK: TMICC invests £50 million in Gloucester facility
The Magnum Ice Cream Company (TMICC), the newly independent global ice cream specialist, has announced a £50 million ($63.5 million) investment to modernise its production facility in Gloucester, south-west England. The site, which is the largest ice cream factory in the UK, produces approximately 1.9 million units of ice cream daily for brands including Magnum, […]
Poland: Unilever to invest €20 million in Poznan food plant
Unilever, the British multinational consumer goods group, has announced an investment of 90 million PLN ($22.7 million) to expand its food production facility in Poznan, Poland. The investment is directed at the site’s “Dry Foods” department and aims to increase production capacity for the company’s food brands, including Knorr, Hellmann’s and Amino. The project involves […]
Spain: Ferrero to transform ice cream facility into European hub
Ferrero, the Italian confectionery group, is investing €140 million (approximately $162 million) to modernize its Ice Cream Factory Comaker (ICFC) plant in Alzira, Valencia, transforming it into its new European technology hub for ice cream development. The substantial investment is part of a long-term growth plan to strengthen the company’s branded ice cream portfolio across […]