Germany: Kaufland debuts K To Go brand
Kaufland, the Schwarz Group owned German supermarket chain, has announced the launch of a brand called K To Go to target on the go occasions. Referencing findings from a recent study, the firm said that more than a third of consumers regularly opted for on the go snacks as a workday lunch, and that the […]
Egypt: Dr Oetker acquires bakery business Tag El Melouk
Germany-based food producer Dr. Oetker has acquired Tag El Melouk, the leading Egyptian manufacturer of baking ingredients, desserts, and other food products, for an undisclosed amount. Tag El Melouk , which has two production facilities in Cairo, produces a range of products in the baking ingredients and dessert powders categories under the brands Cook’s and […]
USA: P&G agrees deal for First Aid Beauty
P&G, the leading household and personal care firm, has acquired makeup and skincare firm First Aid Beauty, according to a report in WWD. The transaction is said to be valued at around $250 million, although P&G declined to disclosed specific terms of the deal. Founded by Lilli Gordon in 2008, First Aid Beauty markets a […]
Australia: Darrell Lea buys Life Savers brand from Nestle
Confectionery firm Darrell Lea has announced the purchase of the Life Savers brand from the Australian arm of multinational consumer goods giant Nestle for an undisclosed sum. The agreement will see Darrell Lea, which is owned by Quadrant Private Equity, acquire rights to the Life Savers brand in Australia and New Zealand. Darrell Lea will […]
USA: Dean Foods to close facility in Illinois
Dean Foods, the leading US dairy processor, is to close a bottling facility in Huntley, IL according to media reports. The move is the latest in a string of closures for the firm as it seeks to consolidate its operations in the face of falling consumer demand for milk products. Earlier this month, Dean Foods […]
USA: B&G Foods buys McCann’s brand from TreeHouse Foods
US-based consumer goods firm B&G Foods has announced the acquisition of the McCann’s Irish Oatmeal brand from TreeHouse Foods, the private label manufacturer, for $32 million in cash. Positioned as a “premium” Irish oatmeal brand, McCann’s is sold across the USA and Canada as a classic traditional steel cut Irish oatmeal “known for the distinctive, […]
Denmark: Royal Unibrew acquires Etablissements Geyer Freres
Danish beverage company Royal Unibrew has completed the acquisition of 100% of the French drinks maker Etablissements Geyer Freres (EGF) for 600 million DKK ($94 million). EGF manufactures organic and local products and owns Lorina lemonade as well as the PureThe and InFreshhh brands. The firm employs 100 staff and operates production facilities in the north-eastern […]
Chile: Vina Concha y Toro acquires 50% of Excelsior Wines
Latin American wine maker Vina Concha y Toro has announced the acquisition of a 50% stake in US distributor Excelsior Wines, America Retail reports. Excelsior Wines is the exclusive distributor of Concha y Toro as well as its Argentine property Trivento in North America. It also markets the Little Black Dress and Five Rivers lines […]
Italy: Melitta acquires Cuki Group
Melitta, the leading German manufacturer of coffee, coffee makers and coffee accessories, has announced the acquisition of the Italian household goods firm Cuki Group. Based in Volpiano, near Turin, Cuki Group is the parent company of Cuki Cofresco, the Italian market leader in food storage and refuse bags. The company markets retail brands such as Cuki […]
Canada: Bel to invest in new facility
Bel, the leading cheese firm, has announced the construction of its first plant in Canada fully dedicated to the production of Mini Babybel cheese. The facility, which is scheduled to begin commercial production in early 2020, represents an investment of $66.1 million and will create 170 jobs. Located in Sorel-Tracy, Quebec, the new plant is […]