Italy: Aldi prepares to enter market
German discount retailer Aldi is taking further steps towards enter the Italian market with the creation of a company to manage property for its planned stores the country, according to trade reports. News of the launch of Aldi Immobiliare Srl follows reports in 2015 that the company was looking to establish a presence in the […]
USA: Hochland acquires Franklin Foods
German cheese maker Hochland has bought 100% of the shares in Franklin Foods and its sister companies, according to a press release. Franklin Foods, a US cream cheese producer described as one of the fastest growing cheese companies in the country, said it would maintain its operational independency as a subsidiary of Hochland SE. Franklin […]
South Africa: Clover Industries acquires 51% of Olive Pride
Clover Industries, the South African food and dairy firm, has agreed to acquire 51% of the shares of olive oil producer Olive Pride, according to a report in Bizcommunity. Clover Industries is acquiring the stake from AECI Holding subsidiary Southern Canned Products (SCP), which will retain 49% of the business. According to reports, the transaction […]
UK: Warburtons submits plans for R&D centre
UK bakery manufacturer Warburtons has submitted proposals to build a new research and development centre at its base in Bolton, Lancashire, according to a report in the Bolton News. Designs have been set out for a two-storey building with a total area of 2,278 sq metre to be added outside the company’s headquarters. If approved, […]
Japan: Kewpie launches fruit vinegar dressings
Kewpie, the Japanese seasonings firm, is launching a new “green cap” series of salad dressings that are claimed to “maximize the flavour of vegetables”. Made with a blend of fruit vinegar and fruit juice, the new varieties offered, are Lemon Dressing (described as a mix of lemon vinegar, lemon juice and grapefruit juice for a […]
USA: Kellogg’s Eighteen94 Capital invests in Kuli Kuli
Eighteen94 Capital, the venture capital fund established last year by cereal and snack firm Kellogg, has unveiled its first major investment with the acquisition of a stake in US-based moringa firm Kuli Kuli for $4.25 million. Based in Oakland, CA Kuli Kuli produces moringa-based food and drinks that are promoted as “a good source of […]
India: Coca-Cola to invest in two new plants
Hindustan Coca-Cola Beverages (HCCBL), the bottling arm of Cola-Cola in India, has announced an additional investment of 1,000 crore INR ($147 million) to set up two further new, plants according to an article in The Economic Times. The “greenfield” plants will reportedly have lines for soft drinks, juices and bottled water to bottle brands as Coca-Cola, […]
Portugal: Ignoramus launches dairy-free products
Ignoramus, a Portuguese firm focused on ethical consumer products, has extended its portfolio under the Cem Porcento brand with the launch of Veganissimo, a new range of vegan dairy-alternative products. Cem Porcento Veganissimo includes two types of ready to eat ambient products: sliceable dairy-free cheeses sold in chubs and vegetable pates. In total, there are […]
Brazil: Frimesa invests R$800 million in new plant
Brazilian meat manufacturer Frimesa has announced an investment of R$800 million ($251 million) to develop Brazil’s largest plant for pork-based products. According to Giro News, the facility will be 141,000 sq m in size, constructed on a plot of 115 hectares, and located in the city of Assis Chateaubriand in Parana. The first phase is expected […]
Netherlands: Plus to double private label organic range
Plus, the Netherlands-based supermarket chain, is set to double its lineup of organic products under the Plus Bio+ brand, according to an article in Levensmiddelenkrant. Following the recent launch of products such as canned vegetables, muesli and pasta as new additions to the organic range, the Dutch retailer is also set to introduce products such as […]