Canada: Premium Brands to acquire Leadbetter Foods
Premium Brands, a Canadian producer of branded speciality food products, has announced the acquisition of a 100% stake of Ontario-based Leadbetter Foods, a meat products firm. Leadbetter Foods manufactures bacon, fresh and frozen burgers and portion cut steaks which it markets under brands such as Cowboy Burgers and Cowboy Steaks, and has annual revenues of […]
USA: Post to acquire Bob Evans Farms
Post, the US breakfast cereal firm, has announced that it is expanding its presence in chilled and frozen foods with the acquisition of Bob Evans Farms for an equity value of approximately $1.5 billion. The firm said the deal would add a highly complementary portfolio of brands to its product range, including a leading brand […]
Brazil: BRF invests R$80 million in new distribution centre
Brazilian food conglomerate BRF has announced an investment in a new distribution centre to be built in the state of Parana, Brazil. The new facility, located in the city of Londrina, represents an investment of R$80 million ($25 million) and will occupy an area of over 150,000 sq m, according to the company. “The centre […]
UK: Muller introduces Muller Rice with 5 Grains
German based dairy manufacturer Muller has announced the launch of Muller Rice 5 Grains, an extension to its line of rice pots that promises to “satisfy multiple hunger moments throughout the day”. According to Muller, the new products were developed to “to fulfil all eight moments of what Müller is calling the ‘daily hunger spectrum’ […]
USA: Inventure Foods divests frozen division
Inventure Foods, the US food manufacturer, has announced the divestment of its frozen division in its latest bid to reduce its debt burden. The firm announced it had entered into a definitive asset purchase agreement for the sale of its frozen business including the Rader Farms and Willamette Valley Fruit Company brands, as well as […]
USA: Nestle takes majority stake in Blue Bottle Coffee
FMCG giant Nestle has announced that it has taken a majority stake in Blue Bottle Coffee, a speciality coffee roaster and retailer based in Oakland, CA, USA. Nestle describes Blue Bottle Coffee as a “high end” firm that “has achieved iconic status amongst discerning coffee drinkers”. Blue Bottle Coffee markets a range of ready-to-drink and roast […]
Russia: Lantmannen completes deal for Orient Products
Lantmannen, a Swedish cereal cooperative, has announced that it has completed its acquisition of Orient Products, a Russian crispbread manufacturer, for an undisclosed sum. Orient Products is the leader in crispbread in Russia, marketing products under the Schedrie and Kruazett brands. The company is headquartered in Saint Petersburg and has production facilities in Sertolovo, just outside the […]
Germany: Sir Plus opens store for ‘rescued food’
Sir Plus, a German start-up firm, has announced the opening of its first retail store dedicated to the sale of ‘surplus’ food from manufacturers and distributors. Located in the Charlottenburg area of Berlin, the new store is set to market a range of fruit, vegetables, drinks and other groceries at “a significant saving compared to the […]
USA: PepsiCo launches organic Doritos
Frito-Lay, the snacks division of food and beverage multinational PepsiCo, is aiming to reach out to new audiences with the launch of organic Doritos tortilla chips. According to a report in the Chicago Tribune, the move is part of a strategy to identify Frito-Lay brands as being more natural and healthy. Organic Doritos are being […]
Italy: Nestle invests in Buitoni plant
The Italian division of consumer goods giant Nestle has announced an investment of €5o million ($60 million) to modernise production facilities at its Buitoni pizza plant in Benevento, Italy. Nestle said the investment would see the installation of three new production lines using the latest technology, as well as temperature-controlled warehousing and a new linear layout. The […]