Brazil: Nestle to invest $1 billion over three years
Nestle, the consumer goods giant, has announced plans to invest R$7 billion ($1.26 billion) over the next three years to boost production capacity and upgrade its factories. Brazil is Nestle’s third-biggest market worldwide, behind only the US and China, generating revenues for the company of $5 billion in the past year The investment includes R$500 million […]
USA: Unilever to acquire Dr. Squatch
FMCG giant Unilever has announced that the company has acquired men’s personal care brand Dr. Squatch from growth equity firm Summit Partners. In a press release, Unilever said the addition of Dr. Squatch to the firm’s portfolio was part of its strategy to increase its number of premium and high growth products. Dr. Squatch is described by […]
India: Diageo to acquire Nao Spirits in $15 million deal
Diageo India (USL), a subsidiary of Diageo operating in India, has announced the acquisition of a majority stake in Nao Spirits, an Indian craft distiller, for 130 crore INR ($15.2 million). Founded in 2017, Nao Spirits makes premium Indian spirits using native botanicals. Its range includes Greater Than, India’s first craft gin, and Hapusa, made […]
Spain: Grupo Apex to acquire Super-Mex Foods
Leading Spanish-based snack company Grupo Apex has announced the acquisition of Cadiz-based peer Chavez y Clark, trading as Supermex. Supermex is a producer of tortilla chips, salsas, and seasonings, and is known for its use of the traditional Aztec nixtamalisation method of tortilla manufacture. It operates from a 1,300 sq m production facility, with an […]
USA: General Mills to acquire Gladstone Food Products
US food giant General Mills has announced that it is acquiring the assets of Gladstone Food Products, a producer of packaged foods. Originally founded in Gladstone (MI) in 1967, Gladstone Food Products manufactured taco shells under its own brand name and taco seasoning under the La Tiara brand. The company ceased operations in January, reportedly […]
Tradeshow Look Ahead: Jeff Lenard, NACS Show 2025
Gama spoke to Jeff Lenard, Vice President of NACS Media & Strategic Communications, ahead of the latest edition of the NACS Show. What are your expectations for the NACS Show 2025? We always focus on what attendees say they most want at the event. They tell us they like the format of the NACS […]
India: Reliance Consumer Products invests over $900 million in new plants
Reliance Consumer Products (RCPL), the FMCG arm of Indian retail major Reliance Retail Ventures, has announced plans to invest 8,000 crore INR ($923 million) over the next 15 months to expand its beverage manufacturing capacity. The Economic Times reports that the investment will fund the development of 10 to 12 greenfield and co-packing plants across […]
USA: Blue Diamond Growers to close Sacramento almond plant
Blue Diamond Growers, a US cooperative of almond growers, is set to close a plant in Sacramento (CA) and transfer most of its manufacturing operations to its existing facilities in Turlock and Salida, in the same state. Founded in 1910, Blue Diamond Growers is the world’s leading almond cooperative, supporting nearly 3,000 almond growers across California. […]
Netherlands: Suzano, Kimberly-Clark announce joint venture
Suzano, the world’s largest pulp producer, and Kimberly-Clark, the global leader in the consumer staples industry, have announced that the companies are partnering to create a $3.4 billion joint venture to manufacture, market and distribute consumer and professional tissue products worldwide. In a press release, Suzano said it would pay $1.734 billion to Kimberly-Clark for […]
UK: Mizkan to invest £17 million in manufacturing operations
Mizkan, the leading Japanese vinegar producer,has announced that the company is investing £17 million ($22.9 million) to expand its operations in Middleton, near Manchester, UK. According to sources, Mizkan is responding to increasing demand for Japanese vinegar products, as well as seeking to expand in the UK and European markets. The firm owns the Sarson’s […]