UK: Kettle Foods acquires Cornpoppers
Potato snack company Kettle Foods has completed the acquisition of UK popcorn producer Cornpoppers for an undisclosed sum, according to a FoodBev report. Founded in 1979, Cornpoppers is a family business which supplies branded and private label popcorn products to retailers and wholesalers. Its portfolio comprises three cinema-style popcorns, as well as speciality flavours such as […]
Australia: AB InBev acquires 4 Pines Brewery
Global beer giant AB InBev has announced the acquisition of Manly, Australia based craft beer maker 4 Pines Brewery for an undisclosed sum. The purchase will see 4 Pines Brewery join other Australian brands that are under the Carlton & United Breweries umbrella in the country, including Victoria Bitter, Carlton Draught, Pure Blonde and Great […]
South Africa: Unilever sells spread business to Remgro
FMCG multinational Unilever has announced that it will acquire Remgro’s interest in Unilever South Africa, exchanging it for the Unilever South Africa spreads business and a cash transaction. According to Unilever, the company is buying a 25.5% stake from Remgro in Unilever South Africa Holdings (Pty) Ltd in exchange for the Unilever spreads business in […]
Australia: Four’N Twenty introduces meal-inspired hot snacks
Patties Foods, an Australian food manufacturer and owner of the Four’N Twenty brand, has launched a line of hot snacks that are inspired by popular meals. According to a report in Inside FMCG, Patties Foods has released three new varieties of ‘hand-held’ snack that are designed to be eaten on the go: Lasagne, Mac ‘N […]
Netherlands: FEMSA sells €2.5 billion stake in Heineken
Mexican beverage company FEMSA has announced the sale of a 5.24% stake in beer firm Heineken. According to Heineken, FEMSA has divested 22,485,00 shares in Heineken NV, which represents 3.90% of the issued share capital, at a price of €84.50 ($101.28) per share, and 7,700,00 shares in Heineken Holding NV, representing 2.67% of the issued […]
India: Big Bazaar plans to open 100 stores in 12 months
Indian hypermarket chain Big Bazaar, owned by retail conglomerate Future Group, has unveiled plans to open 100 new stores across India in the next 12 months. The announcement came as Big Bazaar inaugurated a new store in the P&M Hi-Tech City Centre Mall in Bistupur, which at 32,989 sq ft will be the chain’s second […]
USA: Quorn Foods launches chilled meat alternatives
UK-based meat substitute producer Quorn Foods is extending its product portfolio in the US with a new line of refrigerated meat substitutes. “Quorn’s US launch into the refrigerated meat alternative category follows years of intensive product development to ensure that the new Quorn refrigerated products deliver the same taste and quality for which Quorn frozen […]
UK: Jude’s launches low-sugar milk lollies
UK-based ice cream company Jude’s has launched Jude’s Little, a new range of low-sugar milk lollies targeted at children. Claimed to contain 30% less sugar than regular lollies, Jude’s Little Milk Lollies are described as being made using 100% naturally- sourced ingredients, sweetened with milk and apple juice concentrate and enriched with vitamin D and […]
USA: McCall Farms to acquire Sager Creek Vegetable Company
McCall Farms, a US producer of fresh canned vegetables and fruit, has signed an agreement with fruit firm Del Monte Foods to acquire Sager Creek Vegetable Company, according to a report in Food Business News. Financial terms of the transaction were not disclosed. The agreement is set to bolster the McCall Farms portfolio with retail […]
UK: Muller to invest in “new generation” dairy products
The UK arm of German dairy firm Muller has announced an investment of £100 million ($135 million) to develop, manufacture and market a new generation of dairy products made using British milk. The investment, which is expected to be implemented over the next 18 months, will be focussed on strengthening the categories where the company […]