Switzerland: Nestle to sell Nestle Waters North America
Multinational food and drinks giant Nestle has reached an agreement to sell its Nestle Water North America business to One Rock Capital Partners in partnership with Metropoulos & Co. for $4.3 billion. The sale includes brands such as Poland Spring, Deer Park, Ozarka, Ice Mountains, Zephyrhills, Arrowhead and Spring. International premium brands including Perrier, S.Pellegrino, […]
USA: Hormel Foods to acquire Planters brand
Global branded food company Hormel Foods has announced the acquisition of the Planters brand from Kraft Heinz for $3.35 billion. The acquisition includes the Planters, NUT-rition, Planters Cheez Balls and Corn Nuts brands, and three production sites. In 2020, Planters snack portfolio net sales were approximately $1 billion, and are expected to grow at Hormel’s […]
UK: Wyke Farms opens new export centre
UK-based cheesemaker Wyke Farms has announced the opening of an export “centre of excellence” with increased maturing and dispatch storing space and an on-site packaging facility. According to a company press release, the cheese production capacity of aging was increased by an additional 2,500 tonnes of cheddar stocks since demand for Wyke Farms’ flagship 18-month-old Ivy […]
Italy: In’s Mercato to open 30 stores in 2021
Italian discount retailer In’s Mercato is planning to open 30 new stores this year, aiming to expand its footprint and consolidate its brand. According to ESM, the retailer, owned by Pam-Panorama Group, is also planning to refurbish 90 stores in northeast, northwest and central Italy, in addition to the 30 new store openings. The new stores […]
Brazil: Aymore invests over $1.8 million in factory
Aymore, a biscuits firm owned by the Arcor Group, has announced an investment of over BRL$10 million ($1.8 million) in its factory located in Contagem, Grande Belo Horizonte, Brazil. According to Newtrade, the investment aims to increase the facility’s production capacity by 20%. Anderson Freire, director of marketing, research and development at Arcor do Brasil, […]
UK: Mondelez to invest £15 million in new chocolate production line
Snacks and confectionery multinational Mondelez has announced plans to invest £15 million ($21 million) into a new production line at its Bournville chocolate facility in Birmingham, UK. According to sources, £11 million of the investment will be spent to create a new production line for Cadbury Milk tablets as the company consolidates the majority of […]
France: Biscuit International to buy Portuguese bakery firm Dan Cake
Biscuit International, the France-based bakery firm, has reached an agreement to acquire Dan Cake, a Portuguese manufacturer and distributor of biscuits and cakes for an undisclosed sum. Dan Cake is a family-owned business founded in 1978 and headquartered in Coimbra, Portugal. The company, which has two manufacturing sites and employs 500 staff, is a leading […]
USA: Chickapea to launch +Greens “veggie-packed” pasta line
Natural food company Chickapea has announced the launch of +Greens, described as a new “veggioe packed” organic pasta line with 24g of plant-based protein per serving. According to the company, +Greens is an organic, gluten free pasta made with chickpeas, lentils, kale, and spinach, available in the varieties penne, spaghetti and spirals. Each serving is […]
China: Kerry Group to acquire Jining Nature Group
Global food manufacturer Kerry Group has reached an agreement to acquire Chinese flavour and seasoning company Jining Nature Group for an undisclosed sum. Through the acquisition, Kerry Group plans to strengthen its presence in the Asia Pacific market. The firm also said it intended to bring a wide range of authentic local and regional taste […]
Italy: Barilla to acquire Capelli dry pasta business
Leading Italian food company Barilla has acquired the Capelli dry pasta company in Canada from Spanish firm Ebro Foods for C$165 million ($130 million). The Capelli pasta business includes the Capelli, Lancia, and Splendor brands and a manufacturing plant in Montreal. “We’re leading the charge in transforming the pasta category, and as a category leader […]