Denmark: Salling Group acquires 35 stores from Coop Denmark
Salling Group, Denmark’s largest grocery chain, has announced the acquisition of 35 stores from Coop Denmark. In a press release, the company said the deal included 25 365discount stores, as well as three and five under the Kvickly and SuperBrugsen banners respectively. Anders Hagh, CEO of Salling Group, said: “We are proud of the purchase, […]
Brazil: Ambev to invest R$60 million in Corona lager production
Brazilian beverage producer Ambev has announced an investment in order to increase production capacity for its Corona lager brand in Rio de Janiero state. According to sources, the new production line started operating on the 24th June at Ambev’s plant in Campo Grande. The investment of R$61 million ($10.8 million) will cater to increased demand […]
Spain: Above Food acquires plant-based business Brotalia
Canadian plant-based food supplier Above Food has announced that it has acquired Brotalia, a subsidiary of Enhol that specializes in innovative food technologies. Founded in 2017, Brotalia is described as a manufacturer of plant-based alternatives to chicken, seafood, burgers, and meatballs that markets its products under the Foody’s banner. The company is said to be […]
India: Haleon to sell non-US nicotine replacement business to Dr Reddy’s
Haleon, a consumer healthcare firm, has announced it has entered into an agreement to sell its nicotine replacement therapy business outside of the US to Indian multinational pharmaceutical company Dr Reddy’s for £500 million ($633 million). The portfolio set to be acquired includes the brands Nicotinell, Nicabate, Habitrol, and Thrive, inclusive of all formats such […]
UK: Ehrmann acquires Trewithen Dairy
Ehrmann, a German dairy firm, has announced the acquisition of Trewithen Dairy, a family-owned dairy processor based in Cornwall, as it seeks to boost its presence in the UK market. Following the acquisition, Ehrmann will invest £20 million ($25.4 million) to develop a production facility for its High Protein and Grand Dessert lines. The facility […]
Paula Amaral, Head of Sustainability, Innovation and Strategy
Groupe Bel
Gama spoke to Paula Amaral, Head of Sustainability, Innovation and Strategy at Groupe Bel. As traditionally a pure-play dairy firm, how is Groupe Bel adapting to ensure the sustainability of the business in the long term? We have a growth model that has two pillars – profitability and responsibility – because we know that if […]
Fungi shake up yoghurt alternatives
The latest innovation insight from Gama Compass MANCHESTER – 28th June 2024: Fermentation and ‘non-animal dairy’ remain two of the hottest trends in the food industry. Our latest Innovation Insight focuses on a novel fungi-based dairy analogue that sees these two trends collide – Nature’s Fynd Dairy-Free Yoghurt. Boasting “all the creaminess” of a conventional yoghurt in a […]
USA: SunOpta invests $26 million to expand oat milk capacity
SunOpta, a multi-national food and drinks company, has announced it has completed a $26 million expansion at its Modesto, California facility to increase annual production of oat milk by more than 60%. The company stated that its Modesto oat extraction production line was launched in May, employing proprietary enzymatic processes to break down whole oats […]
India: Britannia to close biscuit factory in Kolkata
Consumer goods manufacturer Britannia has announced plans to close a factory in Taratala, Kolkata that manufactures biscuits, according to Times Now and Just Food report. Founded in 1947, the Taratala factory is described as Britannia’s second-oldest manufacturing site in India. It occupies 11 acres of leasehold land and supports a workforce of approximately 150. This […]
Japan: Pernod Ricard starts construction on new gin distillery
Wine and spirits multinational Pernod Ricard has started construction om a new €25 million (US$26.8 million) distillery for its high-end Japanese gin brand Ki No Bi in Kameoka City, according to a FoodBev report. The new facility will be powered by renewables an is expected to increase production capacity for Ki No Bi at least […]