France: Idak Food Group acquires bakery firm Onore
Idak Food Group, the Swiss premium frozen food firm, has reached an agreement to acquire a majority stake in Onore, the France-based frozen bakery and patisserie specialist. Headquartered in Toulouse, Onore (formerly known as Boncolac) specialises in artisanal frozen desserts, macaroons and savoury snacks. The group operates five production plants in France and two in […]
Italy: Fondo Italiano d’Investimento acquires majority stake in Alimenta Produzioni
Fondo Italiano d’Investimento SGR, the Italian private equity firm, has acquired a majority stake in Alimenta Produzioni, a manufacturer of traditional Italian baked goods and flatbreads. Headquartered in Riccione, Alimenta Produzioni specialises in piadina romagnola and pinsa, a regional flatbread segment that now accounts for 30% of its turnover. The company, which operates three production […]
UK: Aldi expands high-protein product range
Aldi, the UK’s fourth-largest supermarket chain, has significantly bolstered its own-label protein offering with a series of new product launches across its dairy, snack and frozen categories. The expansion includes new additions to the Brooklea brand, such as Protein Chocolate Balls (£1.39 / $1.88), alongside Harvest Morn Protein Balls (69p / $0.94), which the retailer […]
UK: Skip debuts lion’s mane functional beverage range
Skip, the UK-based functional soft drinks company, has expanded its product portfolio with the introduction of its first beverages featuring lion’s mane mushroom extract. The new Skip Lion’s Mane range is being launched exclusively across the 625-store estate of UK retailer Home Bargains. Available in two sparkling flavours – Blood Orange and Cloudy Apple – […]
USA: Wellness Pet Company launches high-protein dog food range
Wellness Pet Company, the US-based natural pet food manufacturer, has expanded its product portfolio with the introduction of Wellness Protein Bowls for dogs. The new range consists of wet dog food recipes designed to be served as either a complete, balanced meal or a bowl topper. According to the company, each bowl contains 38g of […]
Italy: Olio Piro and Bonini announce merger
Olio Piro, the American producer of Piro extra virgin olive oil, and Bonini, the Italian producer of artisanal balsamic vinegar, have announced a merger to form a new premium condiments entity. The deal brings together two high-end Italian brands to leverage combined expertise in production and distribution. Olio Piro, based in Tuscany, produces a multi-award-winning […]
Italy: Lantmannen acquires Panificio San Francesco
Lantmannen Unibake, the Swedish-based international bakery group, has reached an agreement to acquire Panificio San Francesco, an Italian industrial bakery firm specialising in frozen bread products. Based in Castel Mella, Brescia, Panificio San Francesco operates a single production facility and employs approximately 120 people. The company specialises in the production of pre-baked and par-baked frozen […]
USA: Good Culture secures majority investment from L Catterton
Good Culture, the Austin, Texas-based clean-label cultured dairy brand, has entered into a definitive agreement for a majority investment from L Catterton, the global consumer-focused investment firm, positioning the company for accelerated growth across the USA. According to press statements, Good Culture’s sales have nearly quadrupled over the past three years while the broader cottage […]
Indonesia: Unilever to divest tea business for $89 million
Unilever Indonesia, the local arm of the British consumer goods giant, has reached an agreement to sell its tea business to PT Savoria Kreasi Rasa, a subsidiary of the Indonesian conglomerate Djarum Group. The deal, valued at 1.5 trillion IDR ($89.4 million), includes the divestment of the SariWangi brand, which Unilever originally acquired in 1989. […]
UK: Morrisons partners with Applied Nutrition on high-protein range
Morrisons, the UK’s fourth-largest supermarket chain, has entered into a three-year exclusive out-licensing agreement with Applied Nutrition, a Liverpool-based wellness brand, to launch a new 53-strong range of high-protein food products. The Applied Food range is being rolled out to 400 Morrisons stores and includes high-protein pizzas, sandwiches, salads and snacks. A key feature of […]