Germany: Lactalis to acquire BMI dairy assets
French dairy company Lactalis has entered into an agreement to acquire dairy businesses and brands of German company Bayerische Milchindustrie eG (BMI). According to sources, the agreement includes the firm’s production of fresh milk, yoghurt, quark, cream and ayran – a yoghurt beverage – as well as the manufacturing site in Wurzburg, Bavaria. BMI currently […]
Australia: Proper Crisps opens new manufacturing plant
Proper Crisps, a New Zealand crisps brand, has announced the opening of a new manufacturing plant in Yarra Valley, near Melbourne, to manufacture its crisps using Australian potatoes. According to sources, Proper Crisps has been selling New Zealand made crisps in Australia since 2019 and the demand for their products in Australia doubled in 2021. […]
Japan: Maruha Nichiro invests in Happi Foodi
Maruha Nichiro, a seafood processor, has announced that it has invested in US based frozen-food business Happi Foodi. Happi Foodi, which was originally a producer of Belgian waffles called Waffle Waffle. was renamed Happi Foodi after a rebranding in 2018, as it started to diversify, producing frozen ready meals, pizza, snacks, and appetisers. According to […]
USA: Coca-Cola launches pixel flavoured drink
Soft drinks giant Coca-Cola has announced the launch of Coca-Cola Zero Sugar Bite, the second drink from Coca-Cola Creations and the first Coca-Cola flavour born in the metaverse, released to physical retail afterwards. According to sources, the limited-edition drink will be introduced digitally on an island created in Fortnight Creative and it will be sold […]
UK: Fox’s Biscuits and Burton’s Biscuits to merge
UK based biscuit companies Fox’s Biscuits and Burton’s Biscuits, owned by Ferrero, are merging into a single business called Fox’s Burton’s Companies UK. According to sources, on the 28th March 2022, the two firms merged and will now be led by Simon Browne, the previous head of Burton’s Biscuits. Simon Browne said: “After many years […]
UK: Lidl to open the largest Distribution Centre in Luton
German discount retailer Lidl has announced that it is opening a distribution centre in Luton, UK. The construction of the new 1.2million sq ft Lidl Regional Distribution Centre (RDC) is said to have started last year and the retailer is now looking to recruit warehouses jobs and expects to employ 1,200 people by 2025. Vacancies […]
South Korea: Diageo to sell Windsor business to Bayside/Metis
UK based multinational firm Diageo, producer of alcoholic beverages, has announced the agreement to sell its premium Scotch whisky brand, Windsor, to Bayside/Metis, a South Korean private equity group. According to sources, the agreement includes the brand’s W Series, and Bayside Private Equity and Metis Private Equity consortium are purchasing it for the price of […]
South Africa: Tiger Brands to invest in Herbivore Earthfoods
South African consumer goods firm Tiger Brands has announced the investment in Herbivore Earthfoods, a producer of plant-based and vegan products. According to sources, Herbivore Earthfoods produces a vast range of alternative dairy and meat substitute products. This investment will allow Tiger Brands to reach new consumers looking for products that are healthier, with high […]
USA: Local Bounti acquires Hollandia Produce Group
US based Indoor farming company Local Bounti has announced that it is acquiring the rival indoor farming company Hollandia Produce Group for $122.5 million. According to sources, the acquisition of Hollandia, which sells its products under the Pete’s brand name, may offer financial stability to Local Bounti as the Hollandia’s revenue totaled $22.7 million in […]
UK: 2 Sisters Food Group acquires Banham Poultry
UK chicken giant 2 Sisters Food Group has recently acquired British poultry producer Banham Poultry. According to sources, the Competition and Markets Authority announced that it had rubber-stamped the deal on the 25th March 2022, after a merger inquiry back in January on the initial review of the purchase. Ranjit Singh Boparan, CEO of 2 […]