Finland: Fazer invests $468 million in new chocolate factory in Lahti
Fazer, the leading Finnish bakery and confectionery firm, has announced plans to invest €400 million ($468 million) in the construction of a new chocolate factory in Lahti. Covering around 33,300 sq m, the new facility will bring together Fazer’s chocolate expertise with automated production lines and innovative technology, enabling the creation of entirely new product […]
UK: Pladis to invest $91 million in manufacturing operations
Pladis, the global bakery and snacks firm, has announced a £68 million ($91.12 million) investment across its UK operations. The company is splitting the investments across multiple sites, allocating £21 million ($28 million) to introduce a modern chocolate moulding line with advanced robotic technology at its Stockport site, where its McVitie’s Jaffa Cake brand is […]
USA: Ferrero to acquire WK Kellogg
Confectionery firm Ferrero has announced that it has entered into a definitive agreement to acquire WK Kellogg, the US breakfast cereal manufacturer, for $3.1 billion. Commenting on the move, Ferrero Group executive chairman Giovanni Ferrero said: “Over recent years, Ferrero has expanded its presence in North America, bringing together our well-known brands from around the […]
France: Ferrara in talks to acquire CPK Group
Ferrara, a subsidiary of confectionery giant Ferrero, has announced it has entered into exclusive discussions to acquire CPK Group, a French manufacturer and distributor of sweets and chocolates, from investment firm Eurazeo. The deal, to be transacted via a European holding company of Ferrara, would aim to combine CPK’s strong position in the European confectionery market […]
Italy: Caffo Group acquires Cinzano vermouth, sparkling wines from Campari
Italian spirit group Campari has agreed to sell its Cinzano vermouth and sparkling wine business, along with Frattina grappa and sparkling wines, to the privately-owned Italian firm Caffo Group in a €100 million ($117 million deal). This strategic move aligns with Campari’s plan to streamline its brand portfolio by offloading non-core assets, the company said in […]
Italy: Pernigotti and Walcor unite in €70 million merger
Italian confectionary companies Pernigotti and Walcor have announced their merger, backed by key shareholders including JP Morgan Asset Management and Invitalia. The newly formed entity boasts €70 million ($82 million) in annual revenue, over 340 employees, and export sales to nearly 50 countries. Operations will continue at existing plants in Novi Ligure and Pozzaglio ed […]
France: Inspired Pet Nutrition acquires pet food processor Sopral
Inspired Pet Nutrition (IPN), the pet food company controlled by investment firms CapVest and Parquest, has agreed to acquire Sopral, a French premium dry pet food manufacturer. Based in Plechatel in the Brittany region, Sopral offers products under the Pro-Nutrition Prestige, Pure Life and Protect brands. The company has a presence in over 50 countries […]
Italy: New Princes Group buys Kraft Heinz baby food business
New Princes Group, the diversified food company formed on Newlat’s acquisition of Princes last year, has announced the acquisition of the Italian baby food business of Kraft Heinz for €120 million ($140 million), according to a report in Grocery Gazette. As a result of the acquisition, New Princes Group will add a range of new brands to it portfolio, […]
Germany: Griesson De Beukelaer invests in Wurzen plant
Griesson De Beukelaer, the German bakery company behind the Prinzenrolle brand, has announced an investment of €100 million ($117.5 million) to expand production capacity for its Griesson Soft Cake brand at its factory in Wurzen, eastern Germany. The investment will go towards constructing a new production hall, a logistics building with an automated high-bay warehouse, […]
France: Kneipp sells Cattier Paris brand
Kneipp, the German natural toiletries firm, has reached an agreement to sell the Cattier Paris brand to an unnamed investment firm based in France, according to a report in Lebensmittel Praxis. Under the terms of the agreement, which was reportedly finalised on 30th June, Kneipp will continue to market the Cattier Paris brand in Germany, […]