USA: Shamrock Farms to Invest $59 million in Virginia manufacturing site
Shamrock Farms, a leading US dairy firm, has announced an investment of $59 million to expand its milk manufacturing facility in Augusta County, Virginia. The project will generate 28 new jobs and expand the company’s existing 250,000 sq ft facility in Mill Place Commerce Park by an additional 81,000 sq ft. The investment is earmarked […]
UK: Kestrel Foods acquires pretzel brand Indie Bay Snacks
UK food manufacturer Kestrel Foods has announced the acquisition of savoury snack brand Indie Bay Snacks from peer Nurture Brands for an undisclosed sum. Founded in 2016 by Dafna Bonas, Indie Bay Snacks sells low-calorie, low-fat pretzel snacks, including “pretzel thins”, through grocery, travel, and direct-to-consumer channels. Commenting on the deal, Nurture Brands managing director […]
Netherlands: Brouwerij Martens acquires United Dutch Breweries
Belgian brewery Brouwerij Martens has announced the acquisition of United Dutch Breweries (UDB), a Netherlands-based brewing company, from European investment company Gimv. Offering “affordable premium import brands”, UDB is known in particular for lagers such as Oranjeboom and Royal Dutch, as well as the malt drink 3 Horses. Commenting on the move, Brouwerij Martens CEO […]
Netherlands: Heineken acquires Komari Beverage
Heineken, the Dutch beermaker, has acquired Komari Beverage, an Ethiopian alcoholic drinks firm, according to a report in Capital Ethiopia. According to sources, oamari Beverage produces hard seltzers under the Arada brand, and was first launched to market in 2021. It reportedly claims to be the only manufacturer of hard seltzers in Ethiopia and has […]
Egypt: Arla makes offer for majority stake in Domty
Leading European dairy company Arla has made a non-binding offer to acquire a majority stake in dairy company Arabian Food Industries, trading as Domty, for 31.48 EGP ($0.66) per share. Domty is a publicly listed company that employs 4,000 staff and operates two production facilities, with a range of over 200 items including branded white […]
USA: Meat substitute brand Simulate acquired by private equity fund Ahimsa
Private-equity investor Ahimsa has announced the acquisition of Simulate, the owner of US plant-based meat alternative brand Nuggs. Available since 2019, Nuggs established a presence in over 5,000 retail locations, including Walmart, Target, and Whole Foods Market. Commenting on the acquisition, Simulate co-founder and CEO Sam Terris said: “We were looking for a partner that […]
France: Acqua Sant’Anna acquires Eau Neuve
Acqua Sant’Anna, the Italian mineral water firm, has announced the acquisition of French counterpart La Compagnie des Pyrenees (LCDP), owner of the Eau Neuve brand, for €50 million ($54.5 million). Founded in 1996, Acqua Sant’Anna holds a 13.4% share of the mineral water market in Italy and reported turnover of €320 million ($348.8 million) in […]
Australia: Sanitarium to acquire Nestle’s Vita Brits breakfat cereal brand
Sanitarium, a health food company, has submitted a formal offer to acquire the Vita Brits breakfast cereal brand from food manufacturing giant Nestle. Founded in 1898, Sanitarium produces brands such as Up & Go, So Good, Plantwell, Vegie Delights, and PB Nutrition brands, Vita Brits, which the company already produces for Nestle under a toll […]
UK: Haleon to open £130 million in global oral health innovation centre
Haleon, a consumer healthcare firm, has announced an investment of £130 million ($169 million) to build an innovation centre in Weybridge, UK. The new facility will reportedly feature state-of-the-art, digitally enabled research laboratories and a dedicated consumer behaviour research facility, employing 450 staff. This new facility intends to support Haleon’s oral health portfolio, including brands […]
USA: Mart Frozen Foods opens Idaho manufacturing facility
US food manufacturer Mart Frozen Foods has announced it has inaugurated a $65 million high-tech food manufacturing facility in Rupert (ID). The new 100,000 sq ft facility, located adjacent to the company’s headquarters, has reportedly created 80 new jobs and will produce and package fully baked Idaho potatoes, marketed under the OH!Tatoes brand. Julian Critchfield, […]