Mexico: Grupo Bimbo to build distribution centre in Mexico City
Multinational Mexican bakery company Grupo Bimbo has announced the construction of a new metropolitan distribution centre in the Azcapotzalco district of Mexico City. The result of an investment of M$2.3 billion ($129 million), the 89,000 sq m facility, the purpose of which is to enhance the company’s logistics capacity and to increase productivity and efficiency, […]
UK: Premier Foods launches Bisto Foil Bakes
Premier Foods, the UK food manufacturer, has announced an extension to its Bisto brand range with the launch of Bisto Foil Bakes. According to the company, each product includes a packet of flavouring mix and a foil bag complete with a steam vent window. Consumers are instructed to use chicken, fish or meat, rub it with […]
Italy: Casalasco acquires De Rica tomato brand
Casalasco, Italy’s leading grower and processor of tomatoes, has announced that it has acquired the De Rica brand of tomato products from canned foods firm Generale Conserve. Casalasco describes De Rica as a historic Italian brand synonymous with natural, authentic and high quality products. The firm added that the brand’s relaunch by General Conserve at […]
Mexico: Sigma Alimentos acquires outstanding shares in Caroli
Sigma Alimentos, the frozen and refrigerated foods firm, has strengthened its presence in eastern Europe with the acquisition of a further 51% stake in Romanian meat firm Caroli, taking its shareholding in the company to 100%. Caroli is a leading producer of ready-to-eat packaged meats with more than 23 years of operation, marketing products under […]
USA: Eagle Foods to acquire Popcorn Indiana
Eagle Foods, a US manufacturer of snacks and canned milk products, has announced the expansion of its snack range with the acquisition of popcorn maker Popcorn Indiana. Popcorn Indiana is a leading brand in the ready-to-eat popcorn category, with a broad range of “classic” varieties as well as a line of “indulgent” flavours under the Drizzlecorn […]
Switzerland: Nestle to shut healthcare factory in Egerkingen
Nestle Skin Health, a healthcare division of FMCG multinational Nestle, has announced its intention to cease operations at its Egerkingen factory in Switzerland with the potential loss of 190 jobs. The firm said low production volumes at the site had resulted in underutilization of assets and had thus placed additional pressure on manufacturing cost. “Nestle Skin Health is […]
UK: Co-operative enters talks to acquire Nisa
Co-operative, the UK retail group, has entered into exclusive talks to acquire the convenience store chain Nisa, according to a BBC report. “We can confirm that we’ve entered into a period of exclusivity with Nisa, which will provide the opportunity for us to carry out more detailed due diligence in the coming weeks”, a Co-operative […]
USA: Walmart to launch e-commerce service via Google Express
Multinational retailer Walmart has announced that it is to launch a service enabling consumers to order products via Google Express, technology giant Google’s e-commerce platform. Writing in the New York Times, Marc Lore, Walmart US president & CEO of e-commerce, said the firm would be working with Google to offer hundreds of thousands of items via […]
Turkey: Ajinomoto takes full ownership of Kukre Gida
Ajinomoto, one of Japan’s largest food makers, has signed a deal to fully acquire its partner in Turkey, Kukre Gida, which is the parent company of food brand Kemal Kukrer. Ajinomoto first took a 50% stake in the company in 2013 and has now signed a new deal to acquire the remaining stake for $51.36 million. […]
USA: Pasta Montana opens new $6.5 million processing line
Nippon Flour Mills-owned pasta maker Pasta Montana has added a $6.5 million processing line at its 91,000 sq ft Great Falls site in Montana, USA. The new line is said to achieve a 28% increase in pasta production capacity from 55 to 80 million pounds annually. It will enable the handling of 4,850 pounds of pasta per […]