India: Mondelez International and Lotus Bakeries form partnership
Global snacking and confectionery giant Mondelez International has announced it has partnered with Lotus Bakeries to expand its presence in India and to develop new chocolate products. In a press release, Mondelez International said the joint venture would allow it to manufacture, distribute and market Lotus cookies in India, as well as create new co-branded […]
UK: Bidcorp acquires assets from Northern Bloc Ice Cream
Leading UK food and drinks supplier Bidcorp has announced it has acquired the trade and assets of ice cream manufacturer Northern Bloc. Operating since 2014, Northern Bloc is described as offering a broad product range including vegan, low sugar and bespoke ice cream Commenting on the acquisition Jim Gouldie, Bidfood UK supply chain and technical […]
France: Lactalis to close Romanian dairy plant
Lactalis, the French dairy giant, has announced plans to close a factory in Miercurea Ciuc, Romania, which it acquired through its 2016 acquisition of local milk processor Covalact. The company stated its aim was to consolidate its investments in its remaining four significant factories in Oiejdea, Sfantu Gheorghe, Campulung Moldovenesc, and Tunari. Production from the […]
USA: Venus Wafers to be acquired by Circumspect Capital
Venus Wafers, a US-based maker of crackers and flatbreads, is to be acquired by investment firm Circumspect Capital, according to a Food Business News report Founded in 1931, Venus Wafers is a manufacturer of organic whole grain crackers and flatbreads under the CaPeachio’s and The Original Mariner Biscuit brands, as well as supplying private label […]
Germany: Colussi acquires cracker producer Dr. Karg
Leading European snacking producer Colussi has announced it has reached a deal to acquire a majority stake in German cracker firm Dr. Karg, according to a report in Distribuzione Moderna. Dr. Karg manufactures a range of crispbread and other sweet and savoury snacking products, employing 240 staff at the company’s bakery in Schwabach. It exports […]
USA: Kikkoman starts work on Wisconsin manufacturing plant
Kikkoman, a leading manufacturer of soy sauce and related condiments, has started construction on a new production facility in Jefferson County (WI). The new $560 million factory will be the company’s second in Wisconsin and third in the US, situated close to its existing plant in Walworth. It is intended to be a sustainable next-generation […]
USA: DayDayCook acquires Omsom
DayDayCook (DDC), a self-proclaimed content-driven consumer food brand, has announced the acquisition of Asian food brand Omsom. Founded in 2020, Omsom is described as a producer of cooking sauces and noodles, with the goal of making Asian cuisine accessible to US households. Commenting on the acquisition, DDC founder Norma Chu said: “Our presence in the […]
USA: Saputo revamps cheese manufacturing network
Saputo, the Canadian dairy giant, has announced plans to close facilities in Lancaster (WI), Big Stone City (SD), Green Bay (WI), and South Gate (CA), as part of a revamp of its cheese manufacturing networl. At the same time the company is expanding operations at the new automated cut-and-wrap facility in Franklin (WI). Commenting on […]
UK: Pilgrim’s Pride to shut down West London factory
Leading UK food manufacturer Pilgrim’s Pride has announced plans to close a facility in West London that specialises in producing meat snacks for the UK retail market. The shuttering of the Spurway facility, which is expected to affect up to 270 staff, follows the mooted closure of another Pilgrim’s Pride factory in Southall. Both sites […]
Nigeria: Diageo to sell Guinness Nigeria to Tolaram Group
UK alcoholic beverage multinational Diageo has announced the sale of its Guinness Nigeria business to the Tolaram Group, a diversified holding company based in Singapore. According to sources, Diageo will sell its 58.02% stake in Guinness Nigeria to the Talaram Group for 81.60 NGN ($0.05) per share, as part of its wider plans to exit […]