Colombia: Unilever adds facility for sauce manufacture
FMCG major Unilever is expanding its manufacturing capabilities in Colombia with the launch of a new facility for its Fruco and Del Huerto brands. According to a Just Food report, the new plant is sited at the company’s existing production complex in Palmira. Said to be the fourth-largest Unilever production centre in the Latin America region, the Palmira facility […]
France: Carrefour to acquire Cora and Match banners from Louis Delhaize
Global retail giant Carrefour has entered into an agreement to acquire the Cora and Match banners in France from Louis Delhaize. Cora and Match operate 60 hypermarkets and 115 supermarkets and have a workforce of around 24,000. Carrefour said the acquired stores would complement it geographically, especially in eastern and northern France, where it currently […]
UK: Ineos forays into retail household care
Chemicals giant Ineos is foraying into the UK retail household care industry with a range of cleaning detergents and other products launching exclusively in Asda. The new range is described as being developed with proprietary technology that introduces “active fragrances” designed to improve well-being and promote better sleep. Commenting on the launch, Ineos Hygienics chief […]
USA: Mars acquires Kevin’s Natural Foods
Mars, the leading food multinational, has signed an agreement to acquire Kevin’s Natural Foods, a manufacturer of sous-vide meals, sides and sauces, to bolster its Mars Food & Nutrition segment. Kevin’s Natural Foods is described as a maker of chef-inspired meals using whole foods and simple ingredients. The product ranges are described as being free […]
France: Lactalis expands production in Bosnia and Herzegovina
Lactalis, the French dairy giant, is investing $2.6 million to expand production in Bosnia and Herzegovina, according to a Food Business Africa report. In a statement, the firm said the 788 sq m facility was expected to increase milk manufacturing capacity by 16%, allowing it to bolster production of its Dukat and Alpsko Mleko brands. Lactalis’s Bosnia and […]
Germany: Emmi to sell Glaserne Molkerei
Emmi, the leading multinational dairy firm, has announced it is selling Glaserne Molkerei, a producer of organic dairy products from north-eastern Germany, to private equity firm Mutares. Emmi first invested in Glaserne Molkerei in 2012 and fully acquired the business in 2016. The German firm generates around €100 million (S110 million) in revenue from a […]
USA: Monster to acquire Bang Energy
Monster, the leading US energy drinks company, has announced it has reached an agreement to acquire Vital Pharmaceuticals, owner of the Bang Energy brand, after the latter declared bankruptcy. In a statement, Monster said it would acquire Bang Energy’s performance beverages and related Bang Energy businesses through the purchase of substantially all of Bang Energy’s […]
Italy: Gourmet Italian Food acquires Firma Italia
Gourmet Italian Food, a diversified food manufacturer, has announced the acquisition of Firma Italia, an Italian producer of dried ready meals. Firma Italia was founded in 1995 by Silvano and Mario Birolo and produces a wide range of ready meals, including pasta, risotto, soup, sauces and ethnic meals. Gourmet Italian Food was founded in 2021 […]
Netherlands: Royal Unibrew acquires soft drinks firm Vrumona from Heineken
Royal Unibrew, the Danish brewing and beverage company, has signed an agreement to acquire non-alcoholic drinks firm Vrumona from Heineken in a deal worth €300 million ($315 million). Vrumona is a Dutch soft drinks company with a brand range including Royal Club, Sisi, Sourcy, as well as being a bottler for partner brands such as […]
Singapore: Comvita acquires manuka honey peer HoneyWorld
Comvita, a New Zealand based manufacturer of honey has announced the acquisition of HoneyWorld, Singapore’s largest manuka honey retailer for 8.5 million SGD ($6.33 million). The acquisition follows Comvita’s recent partnership with Ole Supermarkets, a Chinese retail chain, in a bid to expand its presence in the Asian market. Commenting on the acquisition, Comvita CEO […]