Heather Mills, Founder
VBites
Gama spoke to Heather Mills, Founder, VBites. What major trends do you expect to shape food and drinks innovation in 2024 and beyond? There is an awakening coming. Historically it’s been tough for the consumer to discern what a healthy diet is: it’s hard to decipher the myriad of misleading marketing campaigns (from dairy and […]
Italy: Platinum Equity acquires Polli
Platinum Equity, a global investment firm, has signed an agreement to acquire a majority stake in Polli, an Italian producer of pasta sauces and vegetable preserves Founded in 1872, Polli is Europe’s largest producer of pesto as well as making other pasta sauces, oils, olives, pickles and condiments. The company operates four facilities that process […]
Tradeshow Insight: InterTabac 2024
A record 800 exhibitors and 14,500 exhibitors packed the halls and corridors of the Messe Dortmund showgrounds in Germany across three days from 19th September, as Inter Tabac, the leading international trade event for the tobacco and nicotine industry, returned for its latest outing. Belying overall downward trends in conventional tobacco use, InterTabac embraced diversity […]
Eggs look to crack the savoury snack category
The latest innovation insight from Gama Compass MANCHESTER – 23rd September 2024: This month’s Innovation Insight lifts the lid on the continued evolution of high-protein snacks, as we take a look at a launch extolling the virtues of eggs as a hero health ingredient – Just This Ouegg Egg Omelette Crisps. New to the market in Spain from […]
Switzerland: Ricola to acquire Hero plant in Lenzburg
Ricola, a leading manufacturer of cough drops, has announced plans to acquire a manufacturing plant in Lenzburg from Swiss-based baby food, snack bar and spreads company Hero to overcome existing constraints and expand its production infrastructure. Founded in 1930 and headquartered in Laufen, Ricola manufactures 50 different types of herbal cough drops and specialty teas. […]
UK: Hero Group acquires Deliciously Ella
Swiss-based baby food, snack bar and spreads firm Hero has announced the acquisition of British plant-based food brand Deliciously Ella for an undisclosed amount. Founded in 2016, Deliciously Ella offers crackers, snack bars, ready meals, biscuits, chocolate, dressings, spreads, pasta, kombucha and other products, available at leading grocery retailers Hero said the acquisition would allow […]
Saudi Arabia: Nestle to construct $73 million food plant
Nestle, the Swiss consumer goods giant, has signed an agreement with Saudi Authority for Industrial Cities and Technology Zones (MODON) to construct a food manufacturing plant via a 270 million SAR ($72.9 million) investment. The new plant will cover a site of 117,000 sq m in Jeddah and will fulfil local demand, as well as […]
Italy: Lidl to open logistics centre in Sardinia
Discount retailer Lidl has announced that the company is investing €70 million ($77 million) to open a regional headquarters in Sardinia that will also host the companys’s 12th logistics centre in Italy. In a press release, Lidl sai the new facility, which is located in Assemini in the Cagliari region, will shorten the distance goods […]
South Africa: Nestle to sell Cremora business to Lactalis
Nestle, the Swiss consumer goods giant, has announced plans to sell its Cremora business to the South African subsidiary of French dairy giant Lactalis, as part of a strategic realignment of its operations. Cremora is a creamer brand produced in Babelegi and Potchefstroom, South Africa, as well as in Harare, Zimbabwe. Lactalis will acquire both […]
India: Carrefour forms partnership to open grocery stores
French retailer Carrefour has just teamed up with UAE-based retail firm Apparel Group to open retail stores on the Indian market, according to a Business Standard report. Carrefour has formed the strategic franchise partnership in order to open hypermarkets, supermarkets and gourmet stores across India, with sizes ranging from 8,000 to 30,000 sq ft. Although […]