Switerland: Kruger Group buys Hermes Sussstoff
Kruger Group, a manufacturer of branded and private label consumer products, has announced the acquisition of Switzerland-based Hermes Sussstoff, a maker of tabletop sweeteners, from pharmaceutical company Klosterfrau. Through the acquisition, Kruger Group will add the Assugrin, Hermesetas and SteviaSweet brands. Assugrin is a popular brand in Switzerland, while Hermesetas leads the Northern European market […]
Canada: Regal Confections acquires Mondoux
Regal Confections, a leading distributor of global confectionery brands, has announced the acquisition of fellow Canadian sweets brand Mondoux. Founded in 1967 and headquartered in Quebec province, Mondoux owns leading brands such as Sweet Sixteen, Giacomo and Yoma, and has over 200 employees, as well as more than 115,000 sq ft of facilities. Commenting on […]
Italy: Investment fund Clessidra acquires cereal maker Molino Nicoli
Clessidra, an Italian private equity fund, has announced the acquisition of Molino Nicoli, a family-owned manufacturer of baked goods for an undisclosed amount, according to Just Food and Montenapo Daily reports. Founded in 1869, Molino Nicoli produces organic and gluten-free breakfast cereals, baby snacks, and cereal bars under the Vitabella brand for the US and […]
France: Emmi enters €900 million deal to buy Mademoiselle Desserts
Leading Swiss dairy company Emmi has announced it has entered into a put option agreement for the acquisition of French dessert firm Mademoiselle Desserts for €900 million ($1.02 billion) to expand in the premium desserts category. Founded in 1980, Mademoiselle Desserts is known for its premium patisserie products and dominates the European dessert market with […]
USA: Smithfield to close Iowa facility
US food firm Smithfield Foods has announced the closure of a facility in Altoona (IA) that carries out ham boning. In a press release, the firm said it planned to consolidate production volume at other locations to improve the efficiency of its manufacturing operations. The facility’s 314 employees will be provided with transition assistance, including […]
Belgium: Royal A-ware to acquire The Dairy Food Group
Royal A-ware, a Dutch dairy conglomerate, has announced plans to The Dairy Food Group, a Belgian manufacturer of branded and private label dairy products. The acquisition is said to include fresh milk supplier Belgian Milk Company, dairy desserts business Eurodesserts, whipped cream specialist Incopack, rice dessert maker Incorock, and Limelco, a producer of fromage frais […]
Tradeshow Look Ahead: Nicola Woods, Speciality & Fine Food Fair 2024
Gama spoke to Nicola Woods, Event Manager, ahead of the latest edition of Speciality & Fine Food Fair. What are your expectations for this year’s Speciality & Fine Food Fair? How will you be celebrating the landmark 25th edition? We’re really excited for this year’s event! It’s amazing to think how the speciality […]
UK: Diageo sells Safari liqueur brand to Casa Redondo
UK alcoholic beverage multinational Diageo has announced it has agreed to sell its Safari spirits brand to Casa Redondo, a Portuguese alcoholic drinks company, as part of a portfolio review. Safari offers fruit-flavoured liqueurs and is primarily sold in Benelux, Portugal and Turkey. Commenting on the move, Diageo’s president, Europe John Kennedy said: “The sale […]
UK: Carlsberg to acquire Britvic
Carlsberg, the multinational brewer, has announced that it has entered into an agreement to acquire UK-based soft drink business Britvic for £3.3 billion ($4.2 billion) to expand its bottling operations across Europe. Britvic is the main partner for PepsiCo in the UK and Ireland with exclusive rights to manufacture, bottle, and sell brands including Pepsi, […]
USA: Home Market Foods acquires plant to boost meat production
Home Market Foods (HMF), a leading US food manufacturer, has announced that it has acquired a former pasta production plant in South Windsor (CT) for an undisclosed sum, with the intention of turning it into a state-of-the-art meat processing facility. HMF said it planned to invest $70 million to upgrade the site and equip it […]