India: Nourish You acquires dairy alternative brand One Good
Nourish You, the Indian “superfood” company, has announced the acquisition of dairy alternative specialist One Good for an undisclosed sum, expanding its footprint in the vegan category. Founded in 2016 under the name Goodmylk, One Good offers a variety of vegan dairy alternative products including milk, cheese, chocolate, curd, ghee and butter. It has manufacturing […]
France: Ferrero-related company “in exclusive talks” to acquire Michel et Augustin
CTH Invest, a Belgian holding company associated with confectionery major Ferrero, has announced that it has entered into exclusive negotiations to fully acquire the Michel et Augustin food and drinks brand from French consumer goods giant Danone. Founded in 2004, Michel et Augustin markets biscuits, dairy products, fresh desserts and beverages. It was acquired by […]
Ian Wright CBE, Co-Chair
Food and Drink Export Council
Gama spoke to Ian Wright CBE, Co-Chair of the Food and Drink Export Council. What challenges are consumers facing and how should suppliers respond? “The cost of living is a major problem right the way around the world and it’s making a big difference to the ability of our customers, our consumers and most importantly […]
Look Ahead: Federico Dellafiore, IFE 2024
Gama spoke to Federico Dellafiore, event manager, ahead of the latest edition of IFE, International Food & Drink Event. Read the interview in the latest issue of Gama News. What are your expectations for IFE 2024? What new features are there for visitors to look forward to? We’re so excited for the industry to experience IFE 2024. […]
Brazil: Nestle investing $1.2 billion in food and beverage production
Consumer goods major Nestle is planning to spend over $1.2 billion to bolster its capabilities in Brazil between 2023 and 2025, consolidating the country as Nestle’s third most important market globally. In a statement, Nestle said money would be earmarked for the adoption of new technologies and manufacturing facilities, more sustainable practices, and product innovation. […]
India: Wipro Consumer Care and Lighting acquires personal care brands from VVF
Wipro Consumer Care and Lighting, an Indian personal and household care manufacturer, has acquired soap brands Jo, Doy, and Bacter Shield from Mumbai-based health & beauty firm VVF for an undisclosed sum. Wipro’s acquisition, its third within the space of a year, will reportedly allow it to strengthen its grip in the soap category by […]
USA: Post Holdings to close Ohio cereal plant
Breakfast cereal maker Post Holdings has announced plans to close a manufacturing facility located in Lancaster, in the US state of Ohio to reduce capacity in its manufacturing network. The Lancaster plant was acquired by Post Holdings in June 2021 as part of the company’s wider acquisition of TreeHouse Foods’ breakfast cereal business. The decision […]
Germany: Pfeifer & Langen takes majority stake in Rugenwalder Muhle
Pfeifer & Langen, a German sugar and snacks firm, has taken a majority stake in Rugenwalder Muhle, a manufacturer of meat and meat alternatives. According to a Vegconomist report, the deal forms part of Pfeifer & Langen’s strategy to expand in the plant-based space. The company already has stakes in Vbites and Endori, which manufacture vegan […]
India: Coca-Cola to build new bottling plant
Hindustan Coca-Cola Beverages (HCCB), the Indian Coca-Cola subsidiary, has announced plans to invest 1,387 crore INR ($166 million) to set up a new bottling plant in Ratnagiri, in India’s Maharashtra state, according to a report in the Economic Times. The facility will reportedly be spread across an 88-acre site in the Lote Parshuram Industrial area and draw […]
Italy: Casalasco to acquire 70% of De Martino to expand Asian presence
Italian tomato producer Casalasco has signed an agreement to acquire 70% of De Martino, a trading company specialised in distributing Italian canned food over the world. De Martino has built an export network with major players in Japan, South East Asia and Scandinavia, and generates approximately €40 million ($43 million) from tomato-based canned food distribution. The agreement, […]