Belgium: FrieslandCampina to close Yoko Cheese factory
Dutch dairy multinational FrieslandCampina has announced the closure of its Yoko Cheese packaging facility in Genk, Belgium by the end of 2021. According to FrieslandCampina press release, the decision to close the facility is based on the current underutilisation of its cheese packaging network, and the company’s efforts to restructure its operations to save costs. The closure […]
USA: Pretzels Inc to expand with new facility
US pretzels and extruded snacks company Pretzels Inc has announced the construction of a “state-of-the-art” production facility in Kansas. The new 150,000 sq ft facility, which is expected to be operational in late 2021, is intended to increase the production of flavoured and stuffed pretzels for private label and national brands and create a significant number of […]
USA: Ocean Spray to partner with Amai Proteins to develop new drink
US agricultural cooperative Ocean Spray has announced a partnership with ingredients firm Amai Proteins to develop protein-sweetened reduced sugar cranberry juice. Founded in 1930, Ocean Spray is an agricultural cooperative owned by more than 700 cranberry farmers in the United States, Canada, and Chile. “We will continue to develop options that showcase the incredible health benefits […]
USA: Online grocery platform Instacart to partner with Meijer
Online grocery platform Instacart has announced a partnership with supermarket retailer Meijer to deliver groceries to customers across the US. Founded in 1934, Meijer is a family-owned chain with stores throughout the Midwest. In 1962, Meijer was the first retailer to launch the “supermarket” or “superstore” in the US. Nilam Ganenthiran, president of Instacart said: […]
USA: JM Smucker to sell pet food business Natural Balance
US food and beverages manufacturer JM Smucker has entered into an agreement to sell its pet food business Natural Balance to Nexus Capital Management for $50 million. The transaction is said to be part of the company’s plan to focus on its core pet care portfolio, which includes brands such as Rachael Ray Nutrish, Milk-Bone, and […]
USA: Prestige Beverage Group acquires Windsor Canadian Whisky brand
Minnesota, US based beverages firm Prestige Beverage Group has acquired the Windsor Canadian Whisky brand from global drinks group Beam Suntory. According to sources, Windsor Canadian Whisky, claimed to be one of the best-selling Canadian whiskies in the US, will continue to be produced at Beam Suntory’s Alberta Distillers site in western Canada. Scott Schilling, […]
France: Remy Cointreau to sell shares in Passoa to Lucas Bols
Family-owned business Remy Cointreau has announced the sale of its shares in the Passoa SAS joint venture to Lucas Bols for € 71.3 million ($86 million). The joint venture was established in December 2016 between Lucas Bols and Remy Cointreau to operate and further develop the Passoa passionfruit-flavoured liqueur brand in France and international markets. According […]
Mexico: Grupo Lala to close operations in Costa Rica
Mexican dairy company Grupo Lala has announced that it will close its operations in Costa Rica to focus on its key markets, increase profitability, and improve return on invested capital. The closure, which will be effective as of 11th December, includes one production facility, one distribution centre, and 12 distribution routes. Commenting on the decision, Lala CEO […]
USA: Kind to acquire snacking company Nature’s Bakery
Snacks firm Kind has entered into an agreement to acquire snacking company Nature’s Bakery. Terms of the deal were not disclosed. According to a company press release, the deal will accelerate Kind’s vision to build the foremost health & wellness platform as a separate business within Mars. Founded in 2011, Nature’s Bakery is a family-owned company […]
UK: Unilever to complete unification process
Unilever, the Anglo-Dutch consumer goods giant, has announced the completion of the unification of its group legal structure under a single parent company, Unilever plc. Founded in 1930, Unilever has been operating under two separated listed companies – a Dutch NV and a UK plc. With the unification, Unilever NV will merge into Unilever plc. […]