USA: P&G acquires digestive health brand Wonderbelly
Procter & Gamble (P&G), the US consumer goods giant, has acquired the ‘clean’ digestive wellness brand Wonderbelly for an undisclosed sum, marking a strategic expansion of its Personal Health Care (PHC) portfolio. Founded in Austin (TX) in 2021, Wonderbelly markets a range of over-the-counter (OTC) medicines including antacids and anti-bloat formulas. The brand distinguishes itself […]
India: Marico to acquire snacking brand 4700BC
Marico, the Indian FMCG giant best known for its Saffola and Parachute brands, has entered into a definitive agreement to acquire a majority stake in Zea Maize Pvt Ltd, the owner of the snacking brand 4700BC. The transaction will see Marico purchase a 53.48% stake in the company for an aggregate consideration of 226.8 crore […]
UAE: Solico Group opens $35 million production hub
Solico Group, the Middle East-based food manufacturer known for brands such as Kalleh and Pemina, has inaugurated a new production facility in Dubai’s Jebel Ali Free Zone (Jafza) with an investment of 130 million AED ($35.4 million). The new purpose-built plant, operating under the name SoFood, spans 5,000 sq m and will serve as the group’s […]
India: Milky Mist invests $134 million in Maharashtra expansion
Milky Mist, the Indian dairy products manufacturer, has signed a Memorandum of Understanding (MoU) with the Government of Maharashtra to establish a new processing facility in the state with an investment of 1,130 crore INR ($134 million). The agreement, formalised at the World Economic Forum in Davos, will see the company construct a large-scale plant […]
India: L’Oreal to establish beauty tech hub
L’Oreal, the French cosmetics giant, has announced plans to establish a new “beauty tech hub” in Hyderabad, India, with an initial investment of over $383 million. The new facility, described as the company’s first global beauty tech innovation hub powered by artificial intelligence, is scheduled to open in November 2026. According to the company, the […]
UK: Cawston Press enters beer category with acquisition of Loah
Cawston Press, the UK-based soft drinks manufacturer, has expanded into the low and no-alcohol beer market for the first time with the acquisition of the low-alcohol beer brand Loah for an undisclosed sum. Founded in 2020, Loah specialises in fruit-infused, 0.5% abv beers, including Peach Pale Ale, Blood Orange IPA and Lime Lager. The brand, which […]
USA: Clorox acquires Purell maker Gojo Industries
Clorox, the US cleaning and consumer goods manufacturer, has entered into a definitive agreement to acquire Gojo Industries, the maker of Purell hand sanitiser, in a cash transaction valued at $2.25 billion. The deal, which includes anticipated tax benefits that bring the net purchase price to approximately $1.92 billion, is designed to significantly expand Clorox’s […]
Saudi Arabia: JBS expands halal production with $85 million investment
JBS, the Brazilian meat processing giant, has announced a capital injection of $85 million to expand its manufacturing capabilities in Saudi Arabia, positioning the country as a strategic hub for its halal operations. The investment encompasses the expansion of the company’s processed food facility in Jeddah and upgrades to its existing plant in Dammam. According […]
Brazil: Grupo Piracanjuba acquires cheese manufacturer Basel Lacteos
Grupo Piracanjuba, one of Brazil’s largest dairy companies, has announced the acquisition of Basel Lacteos, a specialist producer of premium cheeses based in the state of Minas Gerais. The transaction involves the takeover of Basel’s manufacturing facility in Antonio Carlos, a municipality in the Serra da Mantiqueira region known for its high-quality milk production. The […]
USA: Smithfield Foods acquires hot dog brand Nathan’s Famous
Smithfield Foods, the US-based pork processor and subsidiary of WH Group, has entered into a definitive agreement to acquire Nathan’s Famous in an all-cash transaction valued at approximately $450 million. The deal, which sees Smithfield pay $102 per share for the 110-year-old business, consolidates the ownership of one of America’s most recognisable hot dog brands. […]