Canada: Above Food acquires quinoa producer NorQuin
Canadian plant-based food supplier, Above Food, has acquired a local quinoa products supplier Northern Quinoa Production Corp. (NorQuin). NorQuin, is the leading quinoa producer in the world providing a broad portfolio of quinoa in a variety of formats, such as whole seeds, flour, flakes, crisps, IQF, multi-grain blends, among others. Lionel Kambeitz, CEO of Above […]
Australia: Lactalis to acquire yogurt firm Jalna
Lactalis, the French dairy giant, has confirmed the acquisition of Australia-based yogurt maker Jalna Dairy Foods together with a yogurt production facility in Melbourne and a milk farm in northern Victoria with around 90 employees, where the terms of the transaction weren’t disclosed. Jalna has a portfolio of yogurts made by blending pure milk with probiotics […]
Italy: Spar regional operator Aspiag opens logistics hub
Aspiag Service, Spar’s regional operator for three Northeastern regions in Italy, has opened a new 18,000 square-metre distribution centre in Emilia-Romagna, Italy. According to Spar’s press release, the company invested €33 million ($34.9 million) in the facility, which currently employs more than 50 people, and has a 25,500-pallet capacity, featuring three floors with 1,700 sq. […]
Australia: Hairydog Group buys wholesaler S&P Liquor
E-commerce platform Hairydog Group has purchased the wholesaler S&P Liquor Group, which includes the retailer Liquor Emporium, for an undisclosed sum. According to sources, the staff at S&P Group will not undergo any changes due to the acquisition and the two bodies will also remain operating as standalone entities. Paul Ververis, the general manager of […]
USA: Vital Farms to expand Egg Central Station facility
Vital Farms, a Certificated B Corporation with an offering of ethically produced food, has announced the expansion of Egg Central Station, its world-class egg washing and packing facility in Missouri. The 150,000 square foot facility has almost doubled its size, allowing Vital Farms to continue growing the pasture-raised egg business and generate new ‘high-quality’ jobs. […]
USA: General Mills acquires TNT Crust from Peak Rock Capital
US food giant General Mills has announced the acquisition of TNT Crust, a manufacturer of high-quality frozen pizza crusts for pizza chains, foodservice distributors, and retail outlets, from Peak Rock Capital. According to sources, TNT Crust products are highly complementary to General Mills’ existing frozen baked goods portfolio. With this acquisition, General Mills aims to […]
Italy: Campari acquires Picon aperitif
Italian company Campari Group, owner of Aperol, has acquired the French aperitif Picon from Diageo for €119 million ($125.5 million). Created in 1837, Picon is a ‘market-leading’ aperitif that has achieved net sales of €21.5 million ($22.4 million) and CAAP of €12.9 million ($13.4 million) in the 2021 fiscal year. According to sources, France is […]
USA: Mondelez sell Halls and gum business
Mondelez International, snack and confectionery multinational, announced the divestment of its market gum, and global Halls business. According to sources, included in the sale of its market gum business are brands such as Trident, Stride, and Dentyne, which are part of a segment with annual revenue of about US$450million. This decision was the output of […]
USA: Sargento Foods acquires Baker Cheese Factory
Cheese maker Sargento Foods has acquired the Wisconsin-based Baker Cheese Factory, due to the increasing demand for more convenient on-the-go dairy products. According to Sargento Foods, cheese snacking has become ‘one of the fastest growing sections of the cheese category’, so the firm decided to acquire the local mozzarella string cheese producer, which had recently […]
South Africa: Kerry Group to open taste manufacturing facility
Irish nutrition company Kerry Group, has recently announced the opening of the largest and most advanced taste manufacturing plant the group has ever had in the province of KwaZulu-Natal, South Africa. The new site, an investment of $40 million, covers a 10,000 sq. m. area and is said to be one of the most environmentally […]