Switzerland: Ricola to acquire Hero plant in Lenzburg
Ricola, a leading manufacturer of cough drops, has announced plans to acquire a manufacturing plant in Lenzburg from Swiss-based baby food, snack bar and spreads company Hero to overcome existing constraints and expand its production infrastructure. Founded in 1930 and headquartered in Laufen, Ricola manufactures 50 different types of herbal cough drops and specialty teas. […]
Saudi Arabia: Nestle to construct $73 million food plant
Nestle, the Swiss consumer goods giant, has signed an agreement with Saudi Authority for Industrial Cities and Technology Zones (MODON) to construct a food manufacturing plant via a 270 million SAR ($72.9 million) investment. The new plant will cover a site of 117,000 sq m in Jeddah and will fulfil local demand, as well as […]
Italy: Lidl to open logistics centre in Sardinia
Discount retailer Lidl has announced that the company is investing €70 million ($77 million) to open a regional headquarters in Sardinia that will also host the companys’s 12th logistics centre in Italy. In a press release, Lidl sai the new facility, which is located in Assemini in the Cagliari region, will shorten the distance goods […]
India: Carrefour forms partnership to open grocery stores
French retailer Carrefour has just teamed up with UAE-based retail firm Apparel Group to open retail stores on the Indian market, according to a Business Standard report. Carrefour has formed the strategic franchise partnership in order to open hypermarkets, supermarkets and gourmet stores across India, with sizes ranging from 8,000 to 30,000 sq ft. Although […]
UK: Aldi announces £800 million investment to accelerate expansion
German retail giant Aldi has announced an investment of £800 million ($1 billion) to expand its presence in the UK. In a press release, the retailer descrbed the sum as its “largest ever package of annual investment”, and said it plannedto open 23 new stores before the end of the year, including Muswell Hill in […]
Japan: Meiji to reorganize yoghurt production
Meiji, the Japanese food and pharmaceutical firm, has announced plans to reorganise its production network by building a new plant in Atsugi, Kanagawa and closing three of its existing yoghurt factories. The new plant, covering 17,271 square metres, will be constructed with an investment of ¥40 billion (£279 million). It will produce both plain yoghurt […]
Brazil: Lactalis to expand operations in Rio Grande do Sul
French based dairy major Lactalis has announced plans to invest R$100 million ($17 million) in 2025 to expand operations in Brazil’s Rio Grande do Sul state. In a statement, the company said the investment would be split among its facilities in Teutonia, Tapera, Tres de Maio, Santa Rosa and Ijui. In Santa Rosa, the firm […]
Australia: Saputo to shut down King Island Dairy
Dairy firm Saputo Dairy Australia has announced it is closing down the King Island Dairy cheese production facility and retiring the brand in mid-2025. In a statement, Saputo Dairy Australia said the decision had been taken following an intensive ten-month review of all commercial and financial alternatives for the Dairy, including a potential sale to […]
Sweden: Lantmannen to invest 1.2 billion SEK in plant-based protein factory
Lantmannen, a Swedish agricultural cooperative and food manufacturer, has announced an investment of 1.2 billion SEK ($116.4 million) in a new facility in Lidkoping for the manufacture of plant-based proteins. The new facility will process 35,000 tonnes of peas and 5,000 tonnes of faba beans (broad beans) into 7,000 tonnes of concentrated plant-based protein, also […]
UK: Waitrose to open 100 convenience stores in next five years
Supermarket chain Waitrose, a subsidiary of the John Lewis Partnership, has announced plans to invest £1 billion ($1.31 billion) over the next five years to open 100 convenience stores and refurbish 150 existing outlets. The store upgrades will feature revamped service counters and expanded space for on-demand grocery orders, as well as branded concessions such […]