Ireland: Amber Beverage Group to invest €35 million in new whiskey distillery
Global spirits firm Amber Beverage Group (ABG) has announced plans to invest €35 million ($35.9 million) in a new distillery for its Walsh whiskey business in Dunleckney, Ireland. The new facility will become the home for the premium brand Writers’ Tears and The Irishman, and is expected to reach a production capacity of 4 million […]
USA: Ferrara to acquire Jelly Belly
Ferrara, the leading US sugar confectionery firm, has announced it has signed an agreement to acquire peer Jelly Belly through its holding company CTH for an undisclosed amount. Jelly Belly is a family-run company renowned for its specialty retail confections, including jelly bean brands such as BeanBoozled® and Sport Beans®. The acquisition includes Jelly Belly’s […]
UK: AG Barr acquires Rio soft drinks brand
AG Barr, the UK-based soft drinks firm, has announced the acquisition of soft drinks brand Rio from independent brewer Hall and Woodhouse in a deal worth £12.3 million ($15 million). The acquisition will complement AG Barr’s current portfolio, which includes brands such as Irn-Bru, Boost, Funkin, and Rubicon. The Rio brand has been marketed, sold […]
USA: JM Smucker to sell fermented food brands
JM Smucker, the US-based food and beverage company, has announced that it has come to an agreement to sell its Bick’s pickles, Habitant pickled beets, Woodman’s horseradish, and McLarens pickled onions brands to private label specialist TreeHouse Foods. The brands included in the transaction generated net sales of approximately $60 million for JM Smucker’s fiscal […]
UK: Imiracle expands into nicotine pouches with Tacja brand
Imiracle, the Hong Kong firm behind the leading Elf Bar e-cigarette brand, has announced it is foraying into the nicotine pouches category with the launch of the Tacja brand in the UK, Sweden and Switzerland. The range comes in eight flavours identified as either “mellow” or “frozen”, and in nicotine strengths of 20mg, 18mg and […]
Tradeshow Insight: Anuga 2023
140,000 food and drink professionals from over 200 countries packed the halls of Kolnmesse’s extensive showgrounds in the German city of Cologne in early October, as Anuga once again proved itself to be the world’s stand-out event for the consumer goods industry. Altogether, nearly 8,000 visitors set up stall across the numerous pavilions, which as […]
USA: Ruiz Foods to expand facility in Vernon
Ruiz Foods, a Mexican food firm, has announced the acquisition of two facilities in Vernon, CA to expand its overall manufacturing space by approximately 150,000 sq ft. Ruiz Foods subsidiary RG1 Holding Co acquired both of the buildings in October 2022. The expansion is intended boost the company’s manufacturing capacity on the US west coast. […]
Philippines: Unilever opens new factory to bolster personal care manufacture
Unilever, the multinational consumer goods giant, has opened a new €80 million ($78.4 million) factory in the Philippines to increase production of its personal care ranges in the country by 15%. Located in the province of Cavite, the factory will manufacture Sunsilk and Creamsilk haircare products, as well as deodorant ranges from Rexona and Dove. […]
Brazil: PepsiCo to expand snack manufacturing capacity
PepsiCo, the global snacks giant, has announced plans to expand its manufacturing operation in Cabo de Santo Agostinho, north-eastern Brazil, with a new production line, creating over 300 jobs. The new line will boost production capacity by 30% and allow the manufacture of products under the Torcida brand, as well as for the Cheetos, Cebolitos […]
Netherlands: Nolet set to buy spirits peer Lucas Bols
Nolet, the leading Dutch distiller, has announced an agreement to buy its fellow spirits firm Lucas Bols in a deal worth approximately €269.5 million ($286.2 million). In a statement, the two companies said the deal would create “a Dutch champion in the global spirits and cocktail market”, adding they see “a unique opportunity to bring […]