Belgium: Lotus Bakeries to buy Kiddylicious
Belgian biscuit and cake manufacturer Lotus Bakeries has announced the purchase of baby and toddler food business Kiddylicious for a price in the region of £42 million ($55 million). The sale price is described as being about twice Kiddylicious’ forecast sales for 2018. Based in southern England, Kiddylicious was set up in 2009 and last […]
Saudi Arabia: Almarai opens new dairy facility
Almarai, a leading Middle East food and drinks firm, has announced the opening of a new dairy facility in Saudi Arabia in partnership with GEA, a supplier group of food industry process technology. Described as Saudi Arabia’s “largest and most modern dairy processing facility”, the new site is dedicated to milk and yoghurt production, with […]
Brazil: Calu sells dairy plant to Polenghi
Calu, a Brazilian agricultural cooperative, has announced the sale of its plant in Uberlandia’s industrial district in Minas Gerais to dairy firm Polenghi, part of the French Savencia group. The deal follows suspension of construction at the site in 2015, with 90% of the works completed, due to the economic situation in Brazil. According to […]
Germany: Tchibo to invest in Hamburg plant
Coffee firm Tchibo has announced an investment of €20 million ($23 million) to improve facilities at its roastery in Hamburg, Germany. The multi-year upgrade programme will see “the most up-to-date” drum roasting and hot air roasting technologies installed at the site, with work scheduled to be completed by 2020. Commenting on the investment, Tchibo CEO Thomas Linemyr […]
Switzerland: Nestle to expand Dolce Gusto production in Vietnam
Consumer goods powerhouse Nestle is expanding its hot drinks capacity in Vietnam with the launch of a new production line to manufacture Nescafe Dolce Gusto coffee capsules. The new line is claimed to use Vietnamese coffee beans, “providing premium coffee products for domestic consumption and export”. It is initially expected to process 2,500 tons of […]
USA: Lindt & Sprungli to invest in New Hampshire site
Lindt & Sprungli, the global chocolate firm, has unveiled plans to enhance its production site in Stratham, NH, USA via a 200 million CHF ($202 million) investment. Announcing the move alongside its financial results for the first half of 2018, the Swiss firm said that the money would be invested in the construction of new high-tech […]
UAE: Indian firm Kwality to close Dubai operation
Kwality, the leading Indian dairy firm, is pulling the plug on its operations in Dubai, UAE in the face of falling milk prices, according to a report in Arabian Business. Kwality Dairy Products DZE is located in Dubai’s Jebel Ali Free Zone and is a 100% subsidiary of the Indian firm. A slump in the global prices […]
Australia: McCain launches ‘Slow Cooked’ meals
International frozen food giant McCain has announced a new range of ready meals in Australia, marketed under the name Slow Cooked. Described as being inspired by traditional dishes, the new line offers “a meal that delivers flavour and has a ‘homecooked’ feel without having to wait for hours for it to cook”. Available in a […]
Germany: Intersnack acquires Popchips business in Europe
Intersnack, the German snacks giant, has announced the acquisition of Popchips Ltd, the firm that owns and markets the Popchips brand in Europe. In North America and other international markets the brand will be retained by Popchips Ltd’s parent company Popchips Inc. The Popchips brand range includes crisps and potato-based puffed snacks in a variety […]
Cream cheese innovation looks to the skyr
The latest innovation insight from Gama Compass MANCHESTER – 20th July 2018: For this month’s Innovation Insight we turn our attention to the dynamics of the yoghurt category, and in particular the growth of the skyr segment, as we cast an eye over a new fresh cheese launch from Arla in the USA – Arla Skyr […]