Chile: Grands Chais de France announces two acquisitions
Les Grands Chais de France (GFC) has closed two deals in Chile, marking the French wine group’s entry into South America. According to sources, the company recently announced the acquisition of Vina Las Ninas, which was purchased in 2021, a 40 hectares vineyard based in the Alpata region. That deal was closely followed by another. […]
Germany: Katjes Group acquires UK gluten-free firm Genius Foods
Germany confectionery company Katjes Group has acquired the UK gluten-free bakery Genius Foods through its venture-capital arm Katjes Greenfood. Founded in 2009, Genius Foods has a product portfolio of rolls, bagels, loaves, wraps, and pittas sold in the major retailers and in the foodservice channel. Last year, the firm achieved EUR40m (US$42.7m) in sales. With […]
USA: Borgman Capital acquires Dairyfood USA
Specialty cheesemaker Dairyfood USA has been acquired by Borgman Capital, a private-equity company, that will merge the business with Gilman Cheese, an own-label cheese manufacturer. The acquisition will allow Gilman Cheese to expand its portfolio of products and production capacity. Dairyfood USA was founded in 1953 and sells products under the Glacier Ridge Farms, Queso […]
India: PepsiCo to invest INR 186 crore to expand operations
Food and beverage business, PepsiCo India, has announced plans to invest INR 186 crore ($24 million) to expand its manufacturing facility in Kosi Kalan, Mathura, India. The facility, which already makes Lay’s potato chips, will increase the capacity of the state-of-the-art plant, by adding a new manufacturing line to produce snacks under the Doritos brand. […]
UK: Northcoast Seafoods sold to Seafood Connection
UK seafood provider Northcoast Seafoods has been sold to a Dutch company Seafood Connection, a subsidiary of Japan’s Maruha Nichiro, for an undisclosed sum. With a workforce of 112 people, Northcoast Seafoods provides prawns and whitefish products to retailers. According to the Seafood Connection press release, both companies can complement each other and help Northcoast […]
Poland: Grupa Sokolow builds a new meat processing plant
Grupa Sokolow, one of the largest meat producers in Central and Eastern Europe, has opened a new meat processing plant in Sokolow Podlaski. Sokolow already has ownership of 8 specialised production plants in Poland, being the plant in Sokolow Podlaski the largest of the company. The branch in Sokolow specialises in sliced cold meats, sausages, […]
China: Iceland agrees to sell frozen food in JD.com
Iceland Foods has signed an agreement to supply its range of frozen food products through the Chinese retailer JD.com. JD.com is one of China’s largest online retailers offering everything from fresh food, apparel, electronics, and cosmetics, with next-day delivery that covers more than 1 billion consumers. With this agreement, Chinese consumers will be able to […]
USA: Starbucks sells Evolution Fresh to Bolthouse Farms
Starbucks and Bolthouse Farms have entered into a definitive agreement for Bolthouse Farms to acquire brand and business of Evolution Fresh. Evolution Fresh is a producer of cold pressed juice products which was owned by Starbucks since the 2010s. The transaction will allow Bolthouse Farms to expand its beverage portfolio with cold pressed premium juices, […]
USA: General Mills to sell Helper and Suddenly Salad brands to Eagle Foods
US giant food General Mills has entered into an agreement with Eagle Foods to sell Helper and Suddenly Salad businesses for a $610 million cash transaction. With the acquisition, Eagle Foods will create three diversified platforms focusing on growing centre store categories for retailers and continue investing in its growing snacks and milk business in […]
Brazil: Nestle Health Science acquires Brazilian plant-based firm Puravida
Nestle Health Science agreed to acquire the Brazilian organic, natural, plant-based nutrition and health lifestyle food maker Puravida. The fast-growing brand Puravida was founded in Sao Paulo in 2015 to promote health through nutrition. With this agreement, the brand will complement Nestle Health Science’s portfolio in different categories with increased reliable, nutritious, and high-quality products. […]