UK: Froneri acquires Food Union’s European ice cream business
Froneri, the ice cream joint venture of Nestle and R&R ice cream, has signed an agreement to acquire Food Union’s European ice cream business, covering all its markets in Denmark, Norway, Estonia, Latvia (excluding dairy), Lithuania and Romania. Food Union is a global food producer and distributor, managing six factories, over 25 brands and more […]
Netherlands: JDE Peet’s opens innovation laboratory
Netherlands-based coffee and tea major JDE Peet’s has announced that it has opened a modular innovation laboratory in Utrecht, Netherlands, to accelerate next-generation coffee breakthroughs. The new facility will focus on developing single-serve, capsule, ready-to-drink and instant formats, together with sustainable packaging innovations. It also features updated processing, heating and ventilation systems engineered to recover […]
Netherlands: LT Foods to acquire Global Green Europe
LT Foods, a global food company, has announced that it has signed a definitive agreement to acquire to acquire a 100% stake in Hungary-based preserves firm Global Green Europe for €25 million ($29 million) through its Netherlands-based step-down subsidiary LT Foods Europe Holdings Limited, . Founded in 2006 following the acquisition of the former Intergarden N.V., […]
Switzerland: Coca-Cola HBC acquires controlling stake in Coca-Cola Beverages Africa
Coca-Cola and Gutsche Family Investments (GFI) have announced the sale of a 75% controlling stake in Coca-Cola Beverages Africa (CCBA) to Swiss bottler Coca-Cola HBC for $2.6 billion. CCBA is the largest Coca-Cola bottler in Africa, operating in 14 countries and handling 40% of Coca-Cola’s product volume on the continent. Commenting on the move, Coca-Cola executive […]
UK: Valeo Foods to close confectionery facility in the UK
Valeo Foods, a leading European producer of sweets and snacks, has announced plans to shut down its confectionery plant in Pontefract, UK. The Pontefract facility manufactures a variety of products under the Barratt brand, such as Anglo Bubbly bubblegum, liquorice, sherbet, gummies and other sweets. Commenting on the move, Valeo’s UK business CEO Kevin Moore […]
Brazil: Bauducco invests $1.8 million to expand manufacturing facility
Brazilian bakery firm Bauducco has announced that the company is investing R$10 million ($1.8 million) to expand its Alagoas facility by installing a new production line. Starting this October, the Rio Largo factory, which opened in 2013, will produce the company’s panettone products Mini Panettones and Mini Chocottone. Both items are targeted at Christmas, which […]
Brazil: Grupo New Pet to expand with new production facility
Brazilian pet food firm Grupo New Pet has announced plans to open a new manufacturing facility in the state of Sao Paulo. According to sources, the new 40,000 sq m plant will be dedicated to the production of dry dog and cat food and it is expected to triple the group’s production capacity, which currently […]
Brazil: Tirolez signs agreement to acquire Levitare
Brazilian cheese manufacturer Tirolez has signed a contract for the full acquisition of Levitare, a company that specialises in buffalo milk products. According to sources, the deal marks Tirolez’s first acquisition and is in line with both firms’ plan to accelerate growth. Tirolez CEO Marcel de Barros said: “We identified in Levitare a mission and […]
Italy: Caffo Group to buy Valle Talloria site from Italian Wine Brands
Italian Wine Brands has announced that its subsidiaries, IWB Italia and Giordano Vini, have signed a binding offer with the Caffo Group to sell the Valle Talloria (Diano d’Alba) business unit. As part of the agreement, the Caffo Group will transfer production operations and the historical archives of the Cinzano brand to this business unit. […]
France: Aux Trois Cigognes buys La Mere Poulard
France-based biscuit maker Aux Trois Cigognes has announced the acquisition of local peer La Mere Poulard. Founded in 1986, La Mere Poulard is based in Mont-Saint-Michel. Its subsidiary, Biscuiterie La Mere Poulard (BLMP), established in 1998 in Maen Roch, produces traditional biscuits from Brittany and Normandy. BLMP generates around €30 million ($35 million) in annual […]