Canada: Premium Brands acquires Belmont Meats
Premium Brands, a Canadian producer, marketer and distributor of branded food products, is acquiring Ontario-based meat firm Belmont Meats for C$49.2 million ($37.1 million) in cash and C$800,000 ($604,000) in common shares of Premium Brands, according to a report in Food Business News. Belmont, which reports annual sales of approximately C$120 million ($91 million), produces burger […]
UK: Dr. Oetker launches gluten-free pizza
Dr. Oetker, the Germany-based food firm, is expanding its Dr. Oetker Ristorante Pizza range to offer new gluten-free options. The product, which is being launched in countries including the UK, Austria and Germany, come in the varieties Mozarella and Salame. In the UK, the products will be made available int Iceland and Tesco stores this […]
USA: Amazon to operate bricks and mortar convenience stores – reports
E-commerce giant Amazon is looking to push further into the FMCG space by opening physical stores to sell grocery products, according to a report in the Wall St Journal. Quoting “people familiar with the matter”, the news outlet reports that, under the plans, groceries such as fresh produce, milk, meat and other perishable goods would be […]
USA: Coca-Cola to acquire SABMiller’s former stake in Coca-Cola Beverages Africa
Coca-Cola, the global soft drinks firm, has announced that it has decided to exercise its right to acquire the stake in Coca-Cola Beverages Africa, Africa’s largest bottling company, formerly held by brewing firm SABMiller. Coca-Cola said that the decision was made as a result of the acquisition of SABMiller by AB InBev, adding that it […]
Germany: Kellogg to shut Bremen plant
Global cereal and snacks firm Kellogg is to shut its production plant in Bremen, Germany, according to a report in the Weser Kurier. The factory, which is said to be Kellogg’s only manufacturing facility in Germany, largely produces breakfast foods including corn flakes and extruded cereals, and employs around 250 staff. Production at the facility has […]
Japan: Asahi set to bid for SABMiller’s Eastern Europe brands – reports
Japanese beverage giant Asahi is set to table a bid in the order of ¥500 billion ($4.87 billion) to acquire brewer SABMiller’s assets in eastern Europe, according to reports in Nikkei and Beverage Daily. The brands to be sold include Pilsner Urquell in Czech Republic, Tyskie and Lech in Poland, Dreher in Hungary, Topvar in […]
USA: Mars to take full control of Wrigley
Global confectionery giant Mars plans to buy out investment firm Berkshire Hathaway in order to obtain full control over the gum business Wrigley, the company has announced. Once the buyout has been completed, the new firm will be known as Mars Wrigley Confectionery and will hold chocolate brands such as Snickers, Galaxy and Maltesers as […]
Australia: Be Natural launches cereal to be paired with coconut water
Be Natural, the Australian cereal and snack foods firm, has launched a new granola product that is specifically recommended to be partnered with coconut water rather than milk. Be Natural Coco-nutty Granola, flagged with the words “plant power”, is made with spelt, shredded coconut, nuts, seeds or fruits, and is offered in the varieties Coconut, […]
Poland: Kewpie acquires Mosso Kwasniewscy
Dressing and seasonings giant Kewpie is to acquire Polish food maker Mosso Kwasniewscy, according to Japanese media reports. As a result of the acquisition, the firm will now be called Mosso Kewpie Poland, a name that is currently undergoing registration. Mosso Kwasniewscy is reportedly the fourth leading player in the mayonnaise industry in Poland, and also […]
Look Ahead: Nicolas Trentesaux, SIAL 2016
Gama spoke to Nicolas Trentesaux, Group Director, SIAL, ahead of the show’s latest two-yearly edition in Paris. What are your expectations for this year’s SIAL? SIAL Paris will showcase the food of today and invent the food of tomorrow. The show will open its doors on the same day the United Nations celebrates World Food […]