Brazil: Lactalis to expand operations in Rio Grande do Sul
French based dairy major Lactalis has announced plans to invest R$100 million ($17 million) in 2025 to expand operations in Brazil’s Rio Grande do Sul state. In a statement, the company said the investment would be split among its facilities in Teutonia, Tapera, Tres de Maio, Santa Rosa and Ijui. In Santa Rosa, the firm […]
Australia: Saputo to shut down King Island Dairy
Dairy firm Saputo Dairy Australia has announced it is closing down the King Island Dairy cheese production facility and retiring the brand in mid-2025. In a statement, Saputo Dairy Australia said the decision had been taken following an intensive ten-month review of all commercial and financial alternatives for the Dairy, including a potential sale to […]
Sweden: Lantmannen to invest 1.2 billion SEK in plant-based protein factory
Lantmannen, a Swedish agricultural cooperative and food manufacturer, has announced an investment of 1.2 billion SEK ($116.4 million) in a new facility in Lidkoping for the manufacture of plant-based proteins. The new facility will process 35,000 tonnes of peas and 5,000 tonnes of faba beans (broad beans) into 7,000 tonnes of concentrated plant-based protein, also […]
Brazil: Grupo Bimbo to acquire Wickbold
Mexico-based multinational bakery firm Grupo Bimbo has reached an agreement to acquire its Brazilian peer Wickbold for an undisclosed sum. This acquisition includes the Wickbold and Seven Boys brands, which offer packaged bread and sweet baked goods such as biscuits, bisnaguinhas (a brioche-style sweet bread), and panettones, along with four manufacturing facilities located in the […]
USA: Campbell Soup sells Pop Secret business to Our Home
Campbell Soup, a US producer of canned soups and other foods, has announced that it has sold its Pop Secret popcorn business to Our Home, a US-based snack company. The existing Our Home portfolio includes brands such as Food Should Taste Good, Popchips, Real Food From The Ground Up, You Need Yhis, RW Garcia, Good […]
UK: Waitrose to open 100 convenience stores in next five years
Supermarket chain Waitrose, a subsidiary of the John Lewis Partnership, has announced plans to invest £1 billion ($1.31 billion) over the next five years to open 100 convenience stores and refurbish 150 existing outlets. The store upgrades will feature revamped service counters and expanded space for on-demand grocery orders, as well as branded concessions such […]
USA: Mount Franklin Foods acquires Stuffed Puffs
Mount Franklin Foods, a leading manufacturer of branded, contract and private label confectionery, nuts and foodservice products, has announced the acquisition of Pennsylvania-based Stuffed Puffs, a maker of filled marshmallows, for an undisclosed amount. Founded in 2019, Stuffed Puffs is known for a proprietary technology that allows it to create marshmallows filled with milk chocolate […]
USA: Philip Morris International announces $232 million investment in Kentucky
Philip Morris International (PMI), the leading tobacco firm, has announced plans to invest $232 million to expand production capacity for Zyn nicotine pouches at its Owensboro facility in Kentucky, creating 450 direct and 410 indirect jobs. This investment will be made by PMI’s Swedish Match affiliates, following a $600 million investment in July to set […]
India: Bikaji acquires 55% stake in Ariba Foods
Bikaji, an Indian snack food company, has announced the acquisition of a 55% equity stake in Ariba Foods, a diversified food company based in Ujjain, Madhya Pradesh, for 60.49 million INR ($7.2 million). Ariba manufactures snacks, savouries and frozen foods like samosas, flatbreads and sweets under the InDine brand, with a presence in India as […]
Tradeshow Look Ahead: Jeff Lenard, NACS Show 2024
Gama spoke to Jeff Lenard, NACS Vice President of Strategic Industry Initiatives, ahead of the latest edition of the NACS Show. What are your expectations for this edition of the NACS Show? What features are there for visitors to look forward to? The NACS Show is where retailers go to find the future of […]