USA: Nestle sells majority stake in Blue Bottle Coffee
Nestle, the Swiss food and beverage giant, has agreed to sell its majority stake in Blue Bottle Coffee to the private equity firm Centurium Capital. Based in California, Blue Bottle Coffee is a high-end specialty coffee roaster and retailer that Nestle first acquired in 2017. According to Inside Retail Asia, the purchaser, Centurium Capital, is […]
Germany: Mars to close pet food production facility
Mars, the USA-based multinational food and pet care manufacturer, is proposing to close its pet food production facility in Minden, Germany, as part of a strategic review of its operations. The proposal affects approximately 110 employees at the Minden site, which manufactures dry pet food brands including Pedigree, Crave, and Perfect Fit for more than […]
USA: Laird Superfood acquires Terrasoul Superfoods
Laird Superfood, the US-based plant-based superfood producer, has completed the acquisition of Terrasoul Superfoods. The transaction was agreed for $48 million in cash, with an additional earnout of up to $5 million payable if certain performance-based milestones are achieved. Terrasoul Superfoods is described as a vertically integrated branded foods platform offering a portfolio of products […]
UK: Hero acquires The Gut Stuff
Hero, the Swiss food manufacturer, has acquired The Gut Stuff, a London-based business specialising in gut health snacks and soft drinks. The Gut Stuff was launched in 2017 by Lisa and Alana Macfarlane to provide accessible information on the gut microbiome. The company’s portfolio includes a range of high-fibre fruit and nut bars, as well […]
USA: Ferrara invests in new manufacturing facility
Ferrara, the US sugar confectioner, has announced plans to establish a $675 million manufacturing and corporate facility in Orangeburg County, South Carolina. The investment is projected to create 1,000 jobs over the next ten years, according to the company. The new 750,000 sq ft site will include an administrative office, a warehouse for raw and packaging […]
UK: Global Brands acquires Skinny Brands
Global Brands, the Chesterfield-based drinks producer, has announced the acquisition of Skinny Brands, a UK specialist in low-calorie and gluten-free alcoholic beverages. The transaction, completed for an undisclosed sum, sees the Skinny Lager, Skinny IPA, and Skinny Fruit Cider brands integrated into the Global Brands portfolio with immediate effect. Global Brands, whose existing line-up includes […]
France: Danone expands skyr production
Danone, the French food and beverage multinational, is investing €20 million ($23 million) to expand its skyr production capacity across two manufacturing sites in Normandy, France. The investment will be divided between the company’s facilities in Ferrieres-en-Bray and Le Molay-Littry. At Ferrieres-en-Bray, which is considered the birthplace of Danone skyr in the country, the firm […]
Mexico: Conagra Brands invests M$550 million in plant upgrade
Conagra Brands, the US-headquartered food manufacturer, has announced an investment of M$550 million ($31.9 million) to expand and modernise its production facility in Irapuato, Guanajuato. The project is designed to strengthen the company’s operational capacity and long-term growth strategy within the country. The investment will focus on extending production lines and upgrading packaging technology to […]
Denmark: Carlsberg expands strategic partnership with PepsiCo
Carlsberg, the Danish brewery group, has announced a new agreement with PepsiCo, the US-based food and beverage giant, to become its exclusive bottler across the Nordic and Baltic regions. Beginning on 1st January 2029, Carlsberg will assume responsibility for the production, sale and distribution of the PepsiCo portfolio in Denmark, Finland, Latvia, Estonia and Lithuania. […]
UK: Warburtons invests £100 million in expansion
Warburtons, the UK-based family bakery business, is investing more than £100 million ($124 million) to expand its manufacturing and distribution capacity as it marks its 150th anniversary. The centrepiece of the investment is the acquisition of a former Rathbones bakery site in Wakefield from Myton Food Group for an undisclosed sum. The facility, which will […]