Switzerland: Nestle launches Nesquik All Natural
Consumer goods giant Nestle has announced the launch of Nesquik All Natural cocoa powder, which is claimed to feature simplified, natural ingredients and is available in recyclable paper pouches. According to Nestle, the product is made with five natural, simplified ingredients, containing more cocoa than other Nesquik products. It is also claimed to contain less […]
Australia: McCain expands Tasmania plant
McCain, the Canada-based frozen potato firm, is expanding its french fry chip manufacturing site in Smithton, Australia through a A$40 million ($28.3 million) investment, according to Australian media reports. Tasmania Talks reports that, following the upgrade, Smithton will become McCain’s main french-fry production facility in Australia and New Zealand. As a result of the investment, […]
USA: Mondelez International invests in Uplift Food
Mondelez International, the US confectionery and snacks firm, has revealed it has taken a minority stake in Uplift Food, a start-up focusing on prebiotic functional foods, for an undisclosed sum. The investment is the first Mondelez International has made via its SnackFutures venture hub, announced last November, which aims at unlocking snack growth opportunities around the […]
USA: Mars launches accelerator for “food innovators”
Mars, the US-based food giant, has announced the launch of a new accelerator which aims to “help early stage food-focused companies fast-track growth”. Launched as Seeds of Change – named after the Mars Food organic seed and food brand – the accelerator will focus on start-up food brands, innovative experiential offerings, new business models, and emerging technology, selecting six US and four […]
UK: Lancashire Farm invests in new production plant
Lancashire Farm, a UK dairy firm, has invested £3.5 million ($4.6 million) in a new production plant at its site in Rochdale, UK to increase capacity for yoghurt products, according to a report in Rochdale Online. The investment has led to the creation of a 70,000 sq ft plant with increased capacity and capability in […]
Australia: Halewood buys Ironbark Distillery, sets up new division
Halewood, the UK-based wine and spirits firm, is expanding its footprint in Australia by buying local spirits firm Ironbark Distillery and setting up a dedicated Australian division, according to a report in Spirits Business. Based in New South Wales, Ironbark Distillery markets vodka, gin, rum and moonshine, which are described as being produced using local […]
India: 7-Eleven enters market through Future Retail tie-up
7-Eleven, the world’s largest convenience retailer, has revealed it is entering the Indian market for the first time through a master franchise agreement with a subsidiary of Future Retail. The new master franchisee plans to build 7‑Eleven stores as well as convert some of its existing locations to the 7‑Eleven brand, with the first store set […]
UK: Intersnack set to close popcorn factory
Intersnack, the leading German snacking firm, is considering closing its Largo Foods popcorn factory in Barnsley, UK, operated by its UK subsidiary KP Snacks, according to a report in Insider Media. The move would see production transfer to the firm’s nearby Butterkist facility in Pontefract. KP Snacks managing director Mark Duffy said the decision to […]
USA: Campbell Soup sells Garden Fresh Gourmet as part of fresh food divestment strategy
Campbell Soup, the US food business, has announced it is selling its Garden Fresh Gourmet business to an affiliate pf Fountain of Health USA, a maker of hummus, dips, variety packs, prepared salads, pates, and frozen desserts, for an undisclosed sum. Campbell Soup bought Garden Fresh Gourmet in 2015, at the time bidding to expand […]
UK: Marks & Spencer partners with Ocado for online grocery delivery
Marks & Spencer, the UK department store chain, has announced it has partnered with digital grocery specialist Ocado to create its first major platform for online grocery retail. Under the joint venture, M&S is acquiring a 50% share of Ocado’s UK retail business, which will be supported by Ocado Smart Platform, for a total consideration of […]