USA: Utz Quality Foods announces Kitchen Cooked acquisition
Utz Quality Foods (Utz), the US snack firm, has announced it has acquired Illinois-based crisp maker Kitchen Cooked for an undisclosed sum. Headquartered in Farmington, IL, Kitchen Cooked is described as a leading manufacturer and distributor of snack foods serving central Illinois and eastern Iowa. Starting in the 1930s by manufacturing crisps, Kitchen Cooked has […]
Brazil: Bunge sells margarine and mayonnaise assets to JBS
Bunge, the leading agri-commodities business, has announced it has reached a deal to sell its margarine and mayonnaise assets in Brazil to JBS subsidiary Seara Alimentos, which primarily markets meat products, in a deal worth around R$700 million ($174 million). The transaction includes three production plants in Gaspar (SC), Sao Paulo (SP) and Suape (PE), as well as […]
Netherlands: JDE and Peet’s Coffee to merge, explore IPO
Jacob’s Douwe Egberts, the leading coffee firm (formed from the merger of the Mondelez International and D.E Master Blenders 1753 businesses in 2014), and US speciality coffee firm Peet’s Coffee, are to be merged ahead of a potential IPO of the combined business in 2020. The exploration of an IPO is said to be a key […]
Switzerland: Nestle to sell majority stake in Herta, set up JV
Multinational food and drinks giant Nestle has announced it is to sell a 60% stake in its Herta division to Casa Taradellas, an Italian meat and pizza firm, in a move that will see the two firms establish a new joint venture. The deal includes Herta charcuterie available in six European countries, as well as the […]
UK: Innis & Gunn announces new brewery
Innis & Gunn, the Scotland-based beermaker, has unveiled plans to build a new brewery at Heriot-Watt University’s Research Park, west of Edinburgh, UK at a cost of around £20 million ($26 million). Described as the first major brewery to be built in Edinburgh for 150 years, the new plant is also claimed to be the UK’s […]
Tradeshow Insight: SIAL Middle East 2019
Hailed as its biggest edition yet, SIAL Middle East returned to the Abu Dhabi Business Centre, United Arab Emirates (UAE) earlier this month to celebrate its 10th anniversary. Once again, halls were packed with a diverse array of food and drinks products from all around the world, giving an indication of the new tastes and concepts set […]
USA: Nuova Castelli to close cheese plant
Nuova Castelli, the Italian cheese maker soon to be owned by Lactalis, is closing its lone manufacturing facility in the USA, according to a Just Food report. Closure of the facility, which is located in Blockville, NY, could lead to up to 67 job losses, US media outlets say. The company has only been operating […]
Germany: Danone invests in Ochsenfurt factory
Danone, the food and drinks multinational, has announced it is investing “tens of millions” of euros to upgrade its dairy processing plant in Ochsenfurt, Germany, in order to expand production and improve efficiencies. The investment is primarily geared towards allowing the plant to manufacture ambient dairy products and also plant-based foods, alongside its existing yoghurt and […]
Jacek Plewa, General Manager,
Global Food Industries
Gama spoke to Jacek Plewa, General Manager, Global Food Industries. What overarching trends do you expect to shape frozen food innovation in 2020 and beyond? “The major, game changing development for frozen (and chilled) categories is growth in plant-based protein products, which is going to be exponential and is en-route to taking plant-based products mainstream, […]
USA: Froneri to acquire Nestle USA’s ice cream division
Froneri, the UK-based ice cream firm, has announced it is expanding into North America with the acquisition of the Nestle USA ice cream business for $4 billion. The deal would move Froneri “towards global leadership” in the ice cream category, the company said. The Nestle US ice cream brand portfolio includes Dreyer’s, Haagen-Daaz, Outshine, Skinny […]