Belgium: Arvos acquires Pere Olive
Arvos, the global table olive producer, has acquired Pere Olive, a Belgian chilled Mediterranean foods specialist, from the French group Labeyrie Fine Foods. According to Arvos, the transaction will add chilled product capabilities to its existing table olive operations, strengthening its position in the European retail market, particularly in France and Belgium. Pere Olive, founded […]
India: Dodla Dairy to expand Bihar manufacturing presence
Dodla Dairy, the Indian dairy processing company, is set to establish a new manufacturing unit in Bihar through its wholly owned subsidiary, HR Food Processing Pvt Limited. The company has been allotted 311,333 sq ft (7.15 acres) of land by the Bihar Industrial Area Development Authority (BIADA) on a 90-year lease. Located in the Dumaria […]
Turkey: Carrefour exits market with offloading of minority stake
Carrefour, the French multinational retail group, has announced the sale of its 32.25% stake in its Turkish joint venture, CarrefourSA, to the Turkish conglomerate Aydin Group. The transaction is valued at approximately 2.5 billion TRY ($72.4 million). Aydin Group is a prominent local business group that already operates the A101 discount supermarket chain. According to […]
Mexico: Froneri announces strategic partnership with Grupo Herdez
Froneri, the global ice cream manufacturer, has announced an agreement to form a strategic partnership with Grupo Herdez, the Mexican food company, regarding its ice cream business in Mexico. The agreement will see the ice cream business that Grupo Herdez has operated under an exclusive license from Nestle since 2015 integrated into the strategic partnership. […]
Germany: Rewe to acquire up to 40 Tegut stores
Rewe, the Cologne-based retail organisation, has entered into an agreement with Migros, the Swiss retail cooperative, to acquire up to 40 Tegut supermarket stores in a strategic move to strengthen its regional distribution network. The contract covers branches situated in Hesse, Thuringia and Bavaria. Tegut, the Fulda-based supermarket operator that specialises in organic food, currently […]
India: Cravicious Foods commissions new manufacturing unit
Cravicious Foods, the Indian frozen food manufacturer, has announced the launch of a new production facility in Greater Noida to bolster its presence in the retail and foodservice sectors. The new plant provides 125 metric tonnes of production capacity, supplementing the firm’s existing 300 metric tonne monthly capacity. Equipped with freezing technology, the facility is designed to […]
Nigeria: Carrefour to enter market as part of continued Africa push
Carrefour, the French food retailer, is expanding its footprint in Africa with new franchise agreements to enter Nigeria, in addition to Guinea. The retailer has partnered with Imperial Corporation Guinee to convert seven stores to the Carrefour brand in Guinea, with the first supermarket having opened in the capital Conakry on the 15th April. In Nigeria, […]
Denmark: Danish Crown to close Aalborg meatball facility
Danish Crown, the Danish meat cooperative, has announced plans to phase out production at its factory in Aalborg with a view to closing the site in 2028.The company intends to move production from the current facility, which employs 140 workers, to other factories within Denmark. The favoured option for the relocation is the factory at […]
Germany: Nestle to return Ankerkraut to founders
Nestle, the Swiss-based food and beverage giant, has reached an agreement to transfer its shares in Ankerkraut, the German spice manufacturer, back to the company’s original founders. The transaction sees the brand return to the control of the founding team, including Stefan and Anne Lemcke. Nestle is divesting its entire majority stake as part of […]
UK: Pars Foods expands manufacturing capacity with second site
Pars Foods, the Scottish food manufacturer, has announced the opening of a second factory in Hillington, Glasgow, to meet increased demand for its Pie Sports brand. The new 10,000 sq ft (929 sq m) facility is intended to significantly boost the production capacity of the company’s puff pastry products. The expansion follows a recent retail […]