UK: Tesco and Carrefour to discontinue purchasing alliance
British retailer Tesco and French retailer Carrefour have announced that their purchasing alliance will not be extended. The global purchasing alliance was announced on July 2018, formed to cut down costs and secure better deals with major suppliers. Operational for three years, the alliance enabled the retailers to access new opportunities, suppliers, and new products. […]
UK: Kraft Heinz to invest £140m in UK facility
US foods giant Kraft Heinz has announced its plans to invest £140m ($199m) in its Kitt Green food manufacturing facility located in the UK. According to sources, the investment would be the largest made by the company in a facility outside the US in more than two decades. The move, which is subject to approval […]
Portugal: Continente opens new store concept Continente Labs
Supermarket chain Continente, part of Portuguese retail and telecoms conglomerate Sonae, has announced the opening of a new store concept, Continente Labs. According to sources, it takes five seconds to buy something in the new 150 sq. mt. store, as the store is scan-less and cashier-less and the purchases are made through the Continente Labs […]
Indonesia: Nestle Indonesia starts to build a new dairy facility in Java
Nestle Indonesia, a subsidiary of multinational food and drinks giant Nestle, has started the construction of a US$ 200million facility in Central Java. The 20 hectares of land facility will produce Bear Brand liquid milk and ready-to-drink beverages Milo and Nescafe to meet the consumer demand for dairy products in the region creating about 200 […]
Brazil: JBS to invest $351m to expand capacity in Parana
Brazilian protein giant has announced the investment of BRL 1.85 billion (approximately $351.5 million) to expand its production capacity in Parana, southern Brazil. The investment, which will be made over the next five years, will include the construction of a prepared food plant and the modernization and expansion of the current Rolandia poultry factory in […]
USA: Beam Suntory and Edrington to end joint venture
Japanese-American world leader in premium spirits firm Beam Suntory and Scotland-based ultra-premium spirits company Edrington have closed an agreement for an equity swap, ending their joint venture. According to Beam Suntory’s press release, Beam Suntory will assume Edrington’s stake in Maxxium Spain, and Edrington will assume Beam Suntory’s stake in Edrington-Beam Suntory UK, via an […]
USA: Anheuser-Busch to signs distribution agreement for RTD cocktails Canteen Spirits
Ready-to-drink cocktail company Canteen Spirits has signed a distribution agreement with American leading brewer Anheuser-Busch and investment from the company’s investment and innovation group, ZX Ventures. Founded in 2019, Canteen Spirits is a manufacturer of no sugar, low carbs, and low ABVs drink brands such as Canteen, vodka-based cocktails, and Cantina, a tequila-based drinks. Fabricio […]
France: Carrefour signs partnership with Nordic Coops
Global retail giant Carrefour International Partnership has announced that the company has signed an agreement to form a commercial partnership with Nordic Coops, focusing on private labels. According to Carrefour’s press release, the partnership will enable Nordic Coops to buy Carrefour’s food and non-food private labels, such as French, Italian, and Spanish food private labels, […]
USA: House Foods America to invest in $146.3 million facility
House Foods America, a subsidiary of Japan-based House Foods Group, has announced the investment of $146.3 million in a new tofu facility in Kentucky, USA. The construction of the 350.000 square foot facility is expected to begin next year and be finished by 2025. The new facility will manufacture tofu using US-grown, non-GMO soybeans and […]
USA: Tyson Foods to invest $48 million in a facility expansion
Tyson Foods, one of the world’s largest meat firms, announced the investment of $48 million in the expansion of a poultry facility in Arkansas. According to company’s press release, the investment will add extra capacity to the plant’s fully cooked processing lines and will add automated processes to product packing lines. The Pine Bluff facility […]