USA: Dollar Tree to divest Family Dollar
Dollar Tree, the largest discount retailer in the US, has announced it has entered into an agreement to sell its Family Dollar business to Brigade Capital Management and Macellum Capital Management for $1 billion. Founded in 1953, Dollar Tree operated over 16,500 stores as of 1st February 2025, spanning 48 US states and five Canadian […]
Mexico: Walmart to invest $6 billion
Walmart, the US supermarket giant, has announced an investment of over $6 billion in its Mexico operations for 2025. As part of this initiative, Walmart de Mexico plans to expand its presence by opening new stores under the Bodega Aurrera, Sam’s Club, Walmart Supercentre, and Walmart Express banners, creating approximately 5,500 direct jobs. These additions will […]
Germany: Nestle announces site closures
Nestle, the global consumer goods giant, has announced plans to close two plants in Germany as it looks to restructure its operations in the country. The company’s Neuss plant will shut in mid-2026 due to declining production volumes and overcapacity. The plant employs 145 people and produces Thomy oil, mayonnaise and mustard. Production will be […]
US: Global Eggs Acquires Hillandale Farms
Global Eggs, a Luxembourg-based egg conglomerate, has reached an agreement to acquire US egg producer Hillandale Farms for $1.1 billion, according to a Reuters report. Global Eggs was established last year and operates Brazil’s Granja Faria and Spain’s Grupo Hevo, acquiring the latter in November. Hillandale Farms, Grupo Hevo, and Granja Faria reportedly generated over $2 billion combined in revenue […]
USA: Conagra Brands to close Michigan plant
Conagra Brands, the leading US food manufacturer, has announced plans to close its pie filling plant in Fennville (MI), with the potential loss of 85 jobs, according to a Just Food report. The closure follows the shutdown of Conagra Brands’ Birds Eye frozen vegetables plant in Beaver Dam (WI), last April, which resulted in 252 workers […]
USA: Bunge to sell European margarines and spreads business to Vandemoortele
Bunge, the leading agri-commodities business, has entered into an agreement to sell its European margarines and spreads business to Vandemoortele, a leading European manufacturer and seller of frozen baked goods and plant-based foods. Under the agreement, Vandemoortele will acquire Bunge’s margarines and spreads business in Germany, Finland, Poland and Hungary, together with its spreads and […]
France: Isigny Sainte Mere to acquire La Maison du Biscuit
Isigny Sainte Mere, a French dairy cooperative manufacturing products such as cream, butter, cheese and infant formula, has announced that it has entered into exclusive negotiations to acquire 90% of the shares in local biscuit manufacturer La Maison du Biscuit. Founded in 1903, La Maison du Biscuit produces artisanal biscuits in Sortosville-en-Beaumont, in France’s Brittany region. […]
USA: Philip Morris to relaunch heated tobacco system IQOS
Philip Morris International (PMI), the leading tobacco firm, has announced a relaunch of its heated tobacco brand IQOS in the US, with an initial roll out in the state of Texas. The IQOS device will be sold for $60, and the tobacco sticks to go along with it at $8. The relaunch is part of PMI’s reported […]
Brazil: Lactalis to invest $55 million to expand dairy production
French based dairy major Lactalis has announced plans to invest R$313 million ($55 million) to expand operations in Brazil’s Parana state. In a statement, the company said the investment would support the establishment of a UHT milk production line at the Londrina facility and expansion of the Carambei plant, increasing its production capacity for yoghurts, […]
USA: Bauducco breaks ground on Florida facility
Brazillian-based biscuit firm Bauducco Foods has announced that the company has broken ground on a new production and distribution facility in the US state of Florida. According to sources, the new 72-acre facility, involving an investment of $200 million, is located in Zephyrhills and will be developed in three stages. The first stage is expected to […]