USA: Target launches budget Dealworthy private label
US retailer Target has announced the launch of Dealworthy, a new private label range of home and personal care items that promises to offer a range of products at low prices with no compromise on quality. According to the retailer, the new line features 400 everyday items such as paper towels, body wash, laundry detergent […]
Brazil: Coca-Cola invests $800 million in logistics, manufacturing
US non-alcoholic drinks giant Coca-Cola has announced plans to invest R$4 billion ($809 million) to strengthen its operations in Brazil in 2024. According to sources, the investment will be used to modernise and expand the company’s manufacturing structure and logistics network, in addition to deepening its relationship with small and medium-sized retailers through an enhanced […]
Spain: Paulig to invest €42 million in new snacks facility
Finland-based food company Paulig has announced plans to invest €42 million ($45 million) to construct a new facility in Spain to strengthen its presence in the Tex-Mex and snacking categories in Europe. Founded in 1876, Paulig is described as a family-owned producer of coffee, snacks, plant-based products and spices, with operations in 13 countries. It […]
USA: Flagship Food Group to close La Tortilla Factory plant in California
Flagship Food Group, a food company majority-owned by CREO Capital Partners which manufactures and distributes a wide portfolio of brands, has announced plans to close the production site for its La Tortilla Factory brand in Santa Rosa, CA. Founded in 1977, La Tortilla Factory is a leading maker of wraps and tortillas, including low-carbohydrate, grain-free, […]
USA: Miami Beef acquires Hofmann Sausage
Miami Beef, a US maker of fresh and frozen meat products, has announced the acquisition of Hofmann Sausage, a New York-based sausage brand, to expand its product portfolio. Established in 1879, Hofmann Sausage offers beef and pork franks, smoked sausage, bratwursts, beef jerky and condiments. In a statement, Hofmann Sausage said: “[Miami Beef] aligns well […]
Switzerland: Nestle invests in Purina pet food factory
Consumer goods major Nestle has announced the commissioning of a new Purina pet food plant at its existing site in Buk in north-western Hungary. According to the company, the factory, which is the result of a 55 billion HUF ($152.3 million) investment, will add two additional automated production lines, increase capacity by over 50,000 tons […]
USA: Rind Snacks acquires Small Batch Organics
Rind Snacks, a US maker of fruit-based snacks, has announced the acquisition of Small Batch Organics, a US supplier of granola breakfast cereal. In a statement, Rind Snacks said the deal marked a major milestone in its evolution from a dried fruit brand into a vertically-integrated healthy snack platform, adding that Small Batch Organics was […]
Turkey: Coca-Cola Icecek reaches deal to acquire Coca-Cola Bangladesh Beverages
Turkish bottler Coca-Cola Icecek (CCI) and its subsidiary CCI International Holland have announced the signing of an agreement to acquire peer Coca-Cola Bangladesh Beverages (CCBB) for $130 million. Established in 2009, CCBB is described as being involved in the production, sale, and distribution of Coca-Cola’s sparkling and still brands in Bangladesh. The firm has over […]
Australia: Cultivate Food and Beverage to acquire Adelaide Hills Foods
Cultivate Food and Beverage, a social enterprise backed by disability employer Bedford, has announced the acquisition of Adelaide Hills Foods, a bakery firm headquartered in Lobethal, South Australia that offers the Emmaline’s, Emma Myrtle’s Bakehouse, Positano, James Road and Barossa Pizza brands. Adelaide Hills Foods supplies over 1,000 national and independent retailers, including Coles, Woolworths […]
USA: Windsong Global acquires JVN Hair and Pipette under new holding company
Windsong Global, a investment firm focused on consumer brands, has announced the acquisition of the hair care brand JVN and the skincare brand Pipette, under a new holding company called Belle Brands LLC. JVN, which was created bu hair stylist Jonathan Van Ness, is said to be sustainable and cruelty-free, and has been sold exclusively […]