France: Pernod Ricard completes divestment of wine brands
Pernod Ricard, the wine and spirits major, has announces the successful divestment of strategic international wine brands to Australian Wine Holdco Limited (AWL), a consortium of global institutional investors and the owner of Accolade Wines. The divestment paves the way for the creation of a new global wine company under the name Vinarchy, and will also allows Pernod […]
USA: Agristo to build $450 million potato plant in North Dakota
Agristo, a Belgium-based potato processor & Europe’s leading supplier of frozen potato products, has announced plans to build a $450 million potato processing plant in Grand Forks, in the US stated of North Dakota. The planned facility, intended to manufacture frozen potato products such as chips (fries) and hash browns, is set to be constructed […]
Switzerland: Nestle to expand coffee factory in Vietnam
Global FMCG giant Nestle has announced an investment of 1,900 billion VND ($73.32 million) to expand its Tri An coffee facility in the southern Vietnamese province of Dong Nai. The spending commitment is part of a wider 4,300 billion VND ($165.4 million) investment strategy for the factory during the 2024-2025 period, aimed at boosting production […]
Germany: Rewe to invest $3.42 billion to expand Penny in Romania
German retailer Rewe has announced plans to invest €3 billion ($3.42 billion) to grow its store network in Romania, taking the total number of outlets from 417 to 1,000 by the year 2035. According to sources, the retailer plans to open 40 more stores and complete its fifth warehouse in Mihailești this year. It also […]
USA: Milo’s Tea opens fourth facility in South Carolina
Milo’s Tea, an Alabama-based firm that manufactures, distributes, markets and sells ice teas and lemonades throughout the USA, has announced the opening of a manufacturing and distribution facility in Spartanburg, South Carolina, via a $200 million investment. Milo’s Tea said it grown more than threefold over the past ten years, going from fewer than 50 to nearly […]
‘Ultraprocessed’ fears driving shift in food & drink claims
Insight by Gama Compass MANCHESTER – 29th April 2025: Growing consumer aversion to ‘processed’ and ‘artificial’ foods is driving an uptick in launches touting claims such as “no additives” and “no artificial ingredients”, the latest Insight By Gama Compass discovers. An analysis of trends in global food and drink launches since 2013 reveals that consumer preference is instead […]
India: Kandhari Global Beverages gets approval to acquire Coca-Cola bottling plant
Kandhari Global Beverages has received approval from the Competition Commission of India (CCI) to acquire a Coca-Cola bottling facility in northern Gujarat for 2,000 crore INR ($240 million). According to reports, the transaction supports Coca-Cola’s long-term goal of minimising its direct bottling footprint by placing regulatory compliance in the hands of Indian businesses and bottling […]
USA: Chobani to invest $1.2 billion in manufacturing capacity
Chobani, the Greek yoghurt specialist, has announced plans to invest $1.2 billion in upstate New York to build its third US dairy processing plant. The new plant, under construction on a 150-acre site, will cover 1.4 million sq ft and is expected to help Chobani drive innovation and meet growing demand. The site will have the […]
India: Reliance Consumer Products to set up bottling plant in Bihar
Reliance Consumer Products, the FMCG arm of Indian retail major Reliance Retail Ventures, has announced plans to invest 1,000 crore INR ($117 million ) to set up a new bottling plant in Begusarai, in India’s Bihar state. The upcoming facility, covering 35 acres and developed by Campa Cola manufacturer and distributor EPIC Agro Product Ltd, […]
USA: Hershey inaugurates chocolate processing plant
Hershey, the US confectionery and snacks firm, has inaugurated a new chocolate processing facility, which stands as both its first fully integrated digital plant and the first manufacturing site added to its headquarters in more than 30 years. Situated on a 55-acre site next to the Hershey Technical Centre and the current Reese’s manufacturing plant, […]