Brazil: Lactalis acquires Itambe Alimentos
Lactalis, the global dairy giant, is to cement its presence on the Brazilian market with the acquisition of milk processor Itambe Alimentos from CCPR, a dairy cooperative based in Minas Gerais. CCPR excercised a right to acquire the outstanding 50% of Itambe Alimentos from fellow Brazilian firm Vigor, following the latter’s acquisition by Mexican dairy giant […]
Japan: Ajinomoto to develop new consolidated R&D centre
International food manufacturer Ajinomoto has announced plans to introduce a new facility that will consolidate the R&D functions of its group companies Ajinomoto Frozen Foods, Knorr Foods and Ajinomoto AGF “to promote further creation of high-value-added products and to reinforce the structure of the Japan Food Products business”. The new facility is being built with […]
USA: John B Sanfilippo acquires Squirrel Brand
John B Sanfilippo, a US nut snacks firm, has announced that it has acquired roasted nut and snack mix firm Squirrel Brand for $31.5 million. Squirrel Brand is described as one of the leading suppliers of roasted nuts and snack mixes under the Squirrel Brand and Southern Style Nuts brands. Products are sold through grocery chains, warehouse clubs and mass merchandisers, in […]
India: SLN Coffee to launch Levista brand
SLN Coffee, an Indian coffee processor, is entering the branded instant coffee space with the launch of the Levista label. The firm, described as one of the leading exporters of coffee from India, and one of the largest suppliers of roasted and ground coffees in the country, said it aimed to generate 100 crore INR […]
Canada: Nestle to acquire Atrium Innovations
Atrium Innovations, a Canada-based health products firm, is to be acquired by Swiss FMCG giant Nestle for $2.3 billion in cash. The firm, which describes itself as “a world-wide leader in nutritional supplements and one of the fastest growing companies in the industry globally”,will be acquired by Nestle from a group of investors including a […]
Switzerland: Nestle to close operations in DR Congo
Swiss food giant Nestle has announced its intention to close its facility in Kinshasa, capital of the Democratic Republic of Congo, by the end of January 2018. The company stated that the move would allow it to focus on building sales and distribution in the country, providing new arrangements to support the sustainability of the […]
Germany: Hochland acquires cheese facility in Russia
Germany-based multinational cheese maker Hochland has expanded operations with the acquisition of a cheese facility in Belinksky, Russia. According to sources, Hochland plans to enlarge and modernise the facility over the coming years. The site is set to produce retail branded cheese products as well as supplying cheese as a raw material for the Hochland processed cheese […]
UK: Hain Celestial to acquire Clarks UK
Hain Celestial, the US organic and health foods manufacturer, has announced the “strategic acquisition” of the Welsh firm Clarks UK, a producer of natural sweeteners. Based in Newport, Clarks UK markets natural sweeteners including maple syrup, honey and carob, date and agave syrups under the Clarks name. Its Clarks branded maple syrup is described as the UK […]
Brazil: Yoki launches RTD functional tea
Brazilian food and beverage manufacturer Yoki Alimentos has recently expanded its beverage range by entering the ready to drink functional tea market. The new tea has been launched under the Yoki Mais Vita brand and all the varieties are claimed to be free from sodium, calories, sugar and carbohydrates. Four variants have been introduced in […]
Canada: Maple Leaf Foods to acquire Field Roast Grain Meat
Maple Leaf Foods, a Canadian manufacturer of meat products, has announced the signing of a definitive agreement to acquire plant-based protein firm Field Roast Grain Meat for $120 million, plus related costs. Field Roast Grain Meat is described by Maple Leaf Foods as a leading brand of premium grain-based ‘meat’ and vegan cheese products, with […]