China: Hershey divests Golden Monkey
US confectionery firm Hershey has announced the sale of Golden Monkey, a Shanghai-based confectionery brand, to Henan Yuxiang Food Technology for an undisclosed amount. The move comes as volume sales of sugar confectionery have reportedly declined in China as consumers switch to healthier options. Alongside confectionery, Golden Monkey also markets a tofu-based snacking brand called […]
China: PepsiCo invests in Shanghai facility
PepsiCo, the global food and drinks giant, is to invest $100 million upgrading a facility located in Shanghai, China, according to a FoodBev report. The company said it was installing a new production line as well as adding advanced packaging and warehousing operations at the plant in Sonjiang. The investment will enable PepsiCo to meet […]
USA: Sabra expands Virginia production facility
Sabra, the joint venture between PepsiCo and Strauss that markets hummus and other dips and spreads in North America, has broken ground on the latest expansion to its production facility located in Chesterfield County, VA. The firm said that the 40,000 sq ft expansion at the site – described as the world’s largest factory dedicated […]
USA: Johnson & Johnson to acquire Zarbee’s
Johnson & Johnson, the leading healthcare firm, has announced that it has reached an agreement to acquire the natural medicine and supplements business Zarbee’s for an undisclosed sum. Founded in 2008, Zarbee’s is the owner of the Zarbee’s Naturals brand of healthacare products for adults and children, including throat lozenges, cough medicine, vitamins and immunity support […]
Spain: Biscuit International acquires Arluy
Biscuit International, a leading player in the private label biscuit market in Europe, has expanded its business with the acquisition of Arluy, Spain’s fifth largest producer and distributor of biscuits. A family-owned business, Arluy was founded in 1988 and markets a portfolio including Reglero, Rio, Zahor and B-live as well as the flagship Arluy brand. […]
Germany: L’Oreal acquires natural health & beauty firm Logona
International cosmetics firm L’Oreal is strengthening its presence in the natural personal care space with the acquistion of the German company Logona. Founded in 1978 and based in Hanover, Germany, Logona markets a range of products under brands such as Logona and Sante, with an emphasis on plant extracts and natural ingredients. The firm’s premium-positioned Logona brand range […]
Canada: Premium Brands takes majority stake in Yorkshire Valley Farms
Premium Brands, the speciality food firm, has announced that it has taken a 62.6% interest in Yorkshire Valley Farms, a poultry processor based in Canada. Yorkshire Valley Farms is a leading producer of fresh and frozen chicken products such as chicken joints, mince, burgers and meatballs, the majority of which it markets under its namesake […]
India: Britannia to open new plant in Assam
Britannia, the Indian food manufacturer, has announced plans to open a new manufacturing site in Assam, India, according to a report in the Economic Times. Located in the town of Rampur, the new site will reportedly manufacture a broad range of Britannia products to meet demand in north-eastern states. The unit will increase Britannia’s production capacity […]
USA: Rocky Mountain High Brands to acquire BFit Brands
Rocky Mountain High Brands, a lifestyle brand management company, has announced the total acquisition of BFit Brands, maker of whey protein and energy drink FitWhey. FitWhey is described as being a naturally sweetened, flavoured and coloured water-based protein drink that combines quality whey protein isolate with caffeine and vitamin B. Designed to “maximize performance”, the […]
Australia: Bega Cheese acquires facility from Saputo
Bega Cheese, the Australian cheese firm, is to acquire a manufacturing facility in the state of Victoria, Australia from Canadian dairy giant Saputo, according to an ABC report. Saputo was required to sell the plant by Australian competition regulators as a result of its acquisition of dairy firm Murray Goulburn. Located in the town of […]