USA: Campbell Soup to acquire Pacific Foods for $700 million
US food and drink company Campbell Soup has entered into agreement to acquire Pacific Foods for $700 million in cash. Founded in Oregon in 1987, Pacific Food has approximately 540 employees and operates a certified organic plant. Following the acquisition, Pacific Food will become part of Campbell Soup’s Americas Simple Meals and Beverages division. Denise […]
Australia: Haigh’s Chocolates to build new facility
Australian confectionery company Haigh’s Chocolates has announced the construction of a new processing plant facility in Adelaide. The company, which produces “premium chocolate” from “premium quality cocoa beans from cocoa growing regions around the world”, will spend $10 million on the new “state-of-the-art” chocolate facility, which is expected to be completed by the end of […]
Uruguay: Nestle to build new operations centre
Swiss food and drink multinational Nestle, has announced the investment of 600 million UYU ($20.8 million) to set up a new operations centre in Uruguay. The “state-of-the-art” tecchnologies facility, located in El Parque Industrial Zona Este, a suburb of Canelones, will comprise a production plant, a distribution centre and the headquarters of the company in the […]
Mexico: Sigma Alimentos acquires Supemsa
Sigma Alimentos, a unit of conglomerate Alfa, has acquired Sociedad Suizo Peruana de Embutidos (Supemsa), a producer of cold meat and dairy products in Peru. Financial terms were not disclosed. Sumpensa operates a cold meat plant in Chancay with 800 employees. In 2016 the company had sales of $54.2 million. The deal will expand the […]
USA: Dean Foods to acquire Uncle Matt’s
Dean Foods, one of the American leading food and beverages companies, has acquired Uncle Matt’s Organic, a producer of organic beverages where the financial terms were not disclosed. Founded in 1999, and located in Florida, Uncle Matt’s Organic makes organic fruits and juices, including probiotic-infused juices and fruit-infused waters. After the acquisition, the company will […]
Netherlands: Zwanenberg to buy Unilever plant in “strategic partnership”
Zwanenberg, a Netherlands-based food and drink manufacturer, is to buy a plant owned by FMCG multinational Unilever via a new “strategic partnership” announced by the two firms. As a result of the agreement, Zwanenberg said it intended to transfer around 18,000 tonnes of its preserved meat production to the facility in Oss, Netherlands, which manufactures […]
Germany: Beiersdorf to build a new headquarters in Hamburg-Eimsbuttel
German health and beauty company Beiersdorf has announced plans to build a new headquarters and research centre in Hamburg-Eimsbuttel, Germany. Costing €230 million, the new facility will have a total area of about 100,000 sq m and nearly 3,000 “state-of-the art” workstations. The construction will begin this year and it is scheduled to be completed […]
USA: Upstate Niagara buys Kraft Heinz’s cheese plant in Campbell
Kraft Heinz, one of the world’s largest food and beverage firms, has announced an agreement to sell its cheese plant located in Campbell, NY, USA to Upstate Niagara, a dairy farmer cooperative. The deal, expected to be completed within the next 30 to 60 days, is said to see employment at the site increase to more […]
USA: Diageo acquires tequila brand Casamigos for $1bn
Global beverage giant Diageo has confirmed the acquisition of Casamigos, a “super-premium” tequila brand for $1 billion. Casamiro was founded in 2013, and is described by Diageo as the fastest growing tequila brand in the US, increasinb sales by 54% over the last two years. The transaction, where is expected to close in the second […]
USA: Unilever to acquire Hourglass Cosmetics
Unilever, the FMCG giant, has announced that it has signed an agreement to acquire Hourglass Cosmetics, a US-based manufacturer of colour cosmetics. Hourglass Cosmetics, which markets eye, lip and facial cosmetics, as well as the skincare brand Equilibrium, was founded in 2004 and promotes itself as being “at the revolutionary intersection of science, beauty and […]