UK: The Compleat Food Group acquires The Real Yorkshire Pudding Co
The Compleat Food Group, a diversified UK food business, has announced the acquisition of The Real Yorkshire Pudding Co, a leading supplier of chilled Yorkshire puddings, for an undisclosed sum. Founded in 1992, The Real Yorkshire Pudding Co is a leading supplier of own-label and branded chilled Yorkshire puddings and toad in the hole, with […]
Switzerland: Coop launches own brand products ‘made from byproducts’
Swiss retailer Coop has announced the launch of Nice to Save Food, a new brand lineup featuring products made from food “byproducts”. Flagship ingredients in the new brand range include okara, generated during the production of tofu and soya drinks, and oat bran, a by-product of oats and oat flour. Both of these ingredients are claimed to […]
US: Sycamore Partners strikes deal to acquire Walgreens Boots Alliance
Walgreens Boots Alliance (WBA), the global pharmacy chain, has announced that it has entered into a definitive agreement to be acquired by an entity affiliated with Sycamore Partners, a private equity firm specializing in retail, consumer, and distribution-related investments. “Leveraging WBA’s healthcare expertise and Sycamore’s established leadership in retail and consumer services, WBA will be […]
Spain: Nestle to invest €15 million in ‘eco-friendly’ packaging production
Nestle, the consumer goods giant, has announced it is investing €15 million ($16 million) at a plant in Girona, Spain to begin production of recyclable packaging for Nescafe instant coffee and Nescafe Dolce Gusto coffee capsules. The investment will enable the local production of refill bags for Nescafe instant coffee, ranging in size from 75g to […]
Spain: Kraft Heinz invests €70 million to upgrade sauces factory
The Spanish division of Kraft Heinz, a producer of cooking and table sauces, has announced the completion of a €70 million upgrade to increase production capacity at its factory in La Rioja, Spain. The upgrade was completed a year and a half after breaking ground and is intended to enable the company to meet the growing demand […]
USA: Core Home acquires boba tea startup Bubluv
Core Home, a manufacturer of housewares and lifestyle products, has announced the acquisition of Bubluv, an Asian boba tea brand, to mark the company’s entry into the food and beverage industry. Described as being free from artificial ingredients, and low in calories and sugar, Bubluv’s flagship bubble tea is described as a shelf-stable drink with milk and […]
USA: Colavita broadens portfolio with Vitelli Foods acquisition
Colavita, a leader in premium Italian specialty foods, has announced the acquisition of Vitelli Foods, the owner of the Luigi Vitelli brand of pasta and canned tomatoes. In a statement, Colavita said the acquisition diversified its offerings and bolstered its position as the third-largest importer of Italian pasta in the US, as well as strengthening […]
Japan: KKR to sell Seiyu supermarket chain to Trial Holding
Leading investment firm KKR has announced the sale of Japanese supermarket chain Seiyu to retail firm Trial Holding for ¥380 billion ($2.54 billion). Trial Holding is a distribution and retail business on the island of Kyushu with a network of stores offering “everyday essentials”. In 2021, KKR acquired a 65% majority stake in Seiyu from […]
Sweden: Salling Group to acquire Rimi Baltic from ICA Gruppen
Denmark’s largest retailer Salling Group has acquired Rimi Baltic, a retail chain active in the Baltic States, from Swedish grocery retailer ICA Gruppen for €1.3 billion ($1.4 billion), excluding debt. The deal, reportedly the largest in Salling Group’s history, is described as being in line with the ambitions of the company’s Aspire ’28 business strategy, […]
India: Adani Wilmar acquires GD Foods
India-based food firm Adani Wilmar has announced the acquisition of sauces and pickle maker GD Foods to expand its category footprint. Founded in 1984, GD Foods is a leader in tomato ketchup, sauces, jams, pickles, noodles, instant mixes, cereals, and essential cooking ingredients under the Tops brand. The brand operates in seven northern Indian states, supplying […]