Tradeshow Look Ahead: Jake Nixon, TABEXPO 2025
Gama spoke to Jake Nixon, Director of Portfolio, QBE, ahead of the latest edition of TABEXPO. What are your expectations for this year’s TABEXPO? We are excited to mark 30 years since TABEXPO inception. It is invaluable to have all industry stakeholders together to expand their business and enhance their branding. We are proud […]
USA: Celsius Holdings announces $1.8 billion acquisition of Alani Nu
Celsius Holdings, the global drinks firm, has announced it has finalised a definitive agreement to acquire functional brand Alani Nu for $1.8 billion, inclusive of $150 million in tax assets. “This strategic transaction will merge two rapidly expanding brands within the U.S. energy drink market, creating a leading better-for-you and functional lifestyle platform that is […]
Australia: Colgate-Palmolive to acquire Care TopCo
FMCG giant Colgate-Palmolive has announced it has acquired Care TopCo, the owner of the Prime100 pet food brand, from private equity fund Quadrant PE for A$500 million ($317.5 million). Founded in 2014 in Melbourne, Prime100 offers both refrigerated and shelf‐stable products to pet speciality and other retailers across Australia, focusing on science‐based product lines and veterinary endorsement. Post […]
USA: Equity fund Ahimsa acquires plant-based pizza company Blackbird Foods
Plant-based private equity firm Ahimsa has acquired Blackbird Foods, a manufacturer of frozen vegan pizzas and wings, seitan and dairy-free cheese, according to a Just Food report. This is Ahimsa’s third acquisition since its founding last year with the purpose of backing and expanding plant-based food business operating in the US. The acquisition will reportedly allow […]
Japan: Suntory to invest in gin plant in Osaka
Suntory Spirits, the alcoholic unit of Suntory Group, has announced an investment of ¥6.5 billion yen ($42.8 million) in its production facility in Osaka, Japan. The spirits and liqueurs facility, where The Japanese Gin Roku is made, will expand production capacity to cater to rising demand, the company said in a statement. Most of the total […]
Uruguay: Lactalis acquires Granja Pocha
Lactalis, the French dairy giant, has announced the acquisition of Uruguay-based dairy company Granja Pocha, according to Just Food and Todo Lecheria reports. Post-acquisition, Lactalis’s facilities in Cardona will assist Granja Pocha with whey drying and surplus milk processing. Lactalis will also now process 120 million litres of milk annually in Uruguay, with two factories and […]
India: Carlsberg to invest $42 million in Mysuru brewery
The Indian arm of global beer giant Carlsberg has announced plans to invest 350 crore ($42 million) in its Mysuru brewery in Karnataka state. The allocated investment will be used to strengthen production capabilities by installing new can, glass bottle and keg lines. Commenting on the move, Carlsberg India managing director Nilesh Patel said: “Karnataka […]
Finland: Valio acquires Raisio’s plant protein business
Valio, the Finnish dairy company, has announced that it is acquiring the plant protein business of food business Raisio. The deal, valued at €7 million ($7.28 million), includes production equipment at Raisio’s plant protein factory in Kauhava, Finland, as well as the Harkis and Beanit brands. Commenting on the deal, Valio senior vice president Kimmo […]
Ireland: Lidl to invest €600 million in new stores, distribution centre
Lidl, the German retail giant, has announced that it will invest €600 million ($625 million) to open 35 new stores and a regional distribution centre in Ireland over the next five years. As a part of the programme, the retailer plans to open 12 stores over the next 12 months and invest €200 million ($208 […]
South Africa: Pernod Ricard acquires Inverroche gin
Wine and spirits multinational Pernod Ricard has announced it has acquired Inverroche, a “luxury” gin brand hailing from South Africa, with distribution in 25 countries. In a press release, the company said it had concluded the acquisition of the shares it did not already own on 6th February. Commenting on the move, Sola Oke, managing director of […]