USA: Diageo to invest $80 million in expansion plans
Leading North America alcoholic drinks firm Diageo has announced plans to expand its manufacturing footprint and install two high-speed can lines at a new facility in Plainfield, Illinois. The expansion project will need an investment of nearly $80 million, which will increase Diageo’s capacity to over 25 million cases of RTDs per year, including a […]
Belgium: Kellogg’s to Invests in Belgian Pringles plant
Leading US cereal and snacks firm Kellogg has announced plans to invest nearly $35,7 million in its Pringles snacks brand factory in Belgium, to boost sustainability and to increase capacity. With an annual production of around 104,000 tonnes of crisps and a workforce of around 650 employees, Mechelen is one of the three largest Pringles […]
Milk carves out niche as ‘electrolyte-rich, high calcium’ sports drink
The latest innovation insight from Gama Compass MANCHESTER – 18th March 2021: This month’s Innovation Insight focuses on a new functional beverage promising to deliver “truly effective hydration” by combining the natural properties of milk with the benefits of the latest technology – GoodSport Sport Drink. Newly introduced by GoodSport Nutrition in the US, GoodSport Sport […]
UK: Vibrant Foods acquires Everest Dairies
UK based Vibrant Foods, parent company of South-East Asian food brands has acquired paneer maker Everest Dairies, aiming to expand its portfolio. Everest Dairies is based in Leicester, employing 43 people and supplies paneer products and set yoghurts to retailers and foodservice. The new brand will join a portfolio that includes the brands TRS, East […]
Brazil: Mateus Group to build distribution centre and open 59 stores
Brazilian retailer Grupo Mateus has announced plans to open a distribution centre in Ceara and 59 new stores in a period of five years. According to an article in Focus.jor, the group has already started the process to open its first store in Sobral, Ceara. The company considers it a strategic state and proof of […]
USA: Nestle to acquire alkaline water Essentia
Multinational food and drinks giant, Nestle has announced the acquisition of Essentia Water, a premium functional water brand based in Washington. Worthing $192 million in sales the past year, Essentia produces ionized alkaline water, being the leading brand in that space in the United States. Now it will be part of Nestle USA Premium Waters […]
UK: Oatly Unveils Plans to Open Its First UK Factory
Oatly, the Swedish firm behind the namesake dairy-alternative milk, has announced plans to open its first UK factory at the beginning of 2023. With a forecast capacity of 450 million litres production of oat milk per year, the new factory is said to be one of the largest plant-based dairy factories in the world and […]
Australia: Mondelez to acquire snack company Gourmet Food
Mondelez International, the snack and confectionery multinational, has announced the acquisition of Gourmet Food, a leading manufacturer and distributor of premium entertaining food products, for an undisclosed sum. The movement is part of Mondelez’s strategy to strengthen its position in the snacking sector, following the recent acquisitions of Perfect Snacks and Hu Master Holding. Gourmet […]
USA: Diageo set to buy RTD Ranch Water brand
Diageo, the leading alcoholic drinks firm, has announced the acquisition of beverage producer Far West Spirits, for an undisclosed amount. Far West Spirits produces the Lone River ‘Ranch Water’ brand, an RTD beverage producer known for drawing inspiration from the classic Texan ‘Ranch Water’ cocktail. The Ranch Water agave-flavoured range includes Original, Spicy, and Rio […]
Turkey: Siniora Food acquires Trakya ET
Siniora Food Industries, a subsidiary of Arab Palestinian Investment Company (APIC) and a leading regional meat processing company, announced the acquisition of a 77% stake in Trakya ET Co., a meat manufacturing firm in Turkey. According to PR Newswire, the acquisition is part of the company’s strategy to grow its market share regionally and globally […]