Germany: Danone to close Ochsenfurt factory
Dairy giant Danone has announced that the company will be closing its dairy plant in Ochsenfurt, Germany, by Q4 2026. According to sources, the decision stems from a restructuring plan that the company has been carrying out in Germany Danone is said to have invested in the plant consistently for 15 years, including in 2019 when the […]
USA: Diageo announces joint venture with Main Street Advisors
Alcoholic drinks giant Diageo has announced that the company has entered a strategic joint venture with investment and advisory firm Main Street Advisors involving the brands Ciroc Ultra-Premium Vodka and Lobos 1707 Tequila. In a press release, Diageo said it had exchanged majority ownership of Ciroc Ultra-Premium Vodka brand rights in North America for a […]
Australia: Mars Wrigley invests in factory expansion
Leading food multinational Mars Wrigley has announced an investment of A$6.5 million ($4.2 million) to increase production capacity for gums and mints at its factory in Asquith, Australia. According to sources, the investment includes a new production line and a circular-by-design packaging technology that is able to remove 13 tonnes of soft plastic per year. Production capacity […]
USA: Hershey to acquire snack producer LesserEvil
The Hershey Company, the US confectionery and snacks firm, has announced that has entered into an agreement to acquire LesserEvil, a maker of organic snacks. “Investing in LesserEvil brings a multi-category, better-for-you snacks platform to extend our offerings into new categories and forms, reaching new consumers in more eating occasions,” said Hershey president and CEO […]
USA: Anheuser-Busch to close facility in at New Hampshire craft brewery
Anheuser-Busch, US subsidiary of world-leading brewer AB InBev, has announced the closure of production at its craft brewery in the US state of New Hampshire. The 104,000 sq ft facility, operated by Craft Brew Alliance, produces beer for the Kona and Omission brands. “We understand the impact of this announcement on our people in Portsmouth, […]
USA: Castillo Hermanos to acquire Harvest Hill Beverage Company
Castillo Hermanos, a diversified multinational business group, has announced that it has entered into a definitive agreement with private equity firm Brynwood Partners to acquire Harvest Hill Beverage Company, a leading USA-based beverage company. Harvest Hill was founded by Brynwood VII in July 2014 with the acquisition of Juicy Juice from Nestle USA. Its brand […]
Brazil: Lactalis to invest $50 million to boost production of cheese and butter
Lactalis, the French-based dairy giant, has announced plans to invest a further €46.2 million ($50 million) to increase cheese and butter production in the Brazilian city of Uberlandia, in the state of Minas Gerais. In a statement reported by Just Food, the company said that the investment would be used to establish a new prato […]
USA: Marquez Brothers acquires YoGusto brand
Marquez Brothers, a leading Hispanic food producer, has announced that it reached an agreement to acquire Hato Potero Farms, the owner of YoGusto brand of dairy products Hato Potrero Farm Inc. is a family-run dairy manufacturer whose flagship YoGusto bramd offers drinkable yoghurts and other dairy products such as lactose-free milk, chocolate milk, sour cream and […]
Germany: Bonduelle sells packaged salad business
Bonduelle, the French vegetable processor, has announced the sale of its packaged salad business in Germany to Taylor Farms, effective 31st March “This divestment, aligned with the ‘Transform to Win’ plan revealed on August 29, marks a key milestone in enhancing the group’s operational profitability”, the firm said in a statement, noting it was also accelerating […]
USA: Chobani to invest $500 million in Twin Falls plant expansion
Chobani, the Greek yoghurt specialist, has announced plans to invest $500 million to expand its plant in the city of Twin Falls (ID). The investment will reportedly bring over 500,000 sq ft of new space, with the expanded plant covering 1.6 million sq ft and housing 24 production lines, increasing productivity by 50%. The investment is […]