UK: Arla to invest in Lockerbie, close Settle site
Dairy firm Arla has announced plans to invest £90 million ($113 million) at its Lockerbie site in Scotland and consequently close another plant in Settle in North Yorkshire. In a press release, the company said the investment would be allocated to a Centre of Excellence for UHT and lactose-free milk, and comes on the back of £34 […]
USA: PepsiCo to close PopCorners plant
PepsiCo, the US-based food and drink business, has announced plans to close its PopCorners manufacturing plant in Liberty (NY), according to a Food Business News report. “This plant has played a vital role in producing our beloved PopCorners brand, but the pace of growth for this product line paired with broader industry pace of growth […]
USA: Everton acquires Eastern Tea
Italian tea company Everton, owned by Clessidra Private Equity, has acquired the US-based firm Eastern Tea, known for producing tea under the Bromley label as well as supplying private label brands. Headquartered in Tagliolo Monferrato, Everton generated approximately €45 million ($47 million) in revenue during its 2024 financial and has production facilities in Italy, India […]
Tradeshow Look Ahead: Jake Nixon, TABEXPO 2025
Gama spoke to Jake Nixon, Director of Portfolio, QBE, ahead of the latest edition of TABEXPO. What are your expectations for this year’s TABEXPO? We are excited to mark 30 years since TABEXPO inception. It is invaluable to have all industry stakeholders together to expand their business and enhance their branding. We are proud […]
USA: Celsius Holdings announces $1.8 billion acquisition of Alani Nu
Celsius Holdings, the global drinks firm, has announced it has finalised a definitive agreement to acquire functional brand Alani Nu for $1.8 billion, inclusive of $150 million in tax assets. “This strategic transaction will merge two rapidly expanding brands within the U.S. energy drink market, creating a leading better-for-you and functional lifestyle platform that is […]
Australia: Colgate-Palmolive to acquire Care TopCo
FMCG giant Colgate-Palmolive has announced it has acquired Care TopCo, the owner of the Prime100 pet food brand, from private equity fund Quadrant PE for A$500 million ($317.5 million). Founded in 2014 in Melbourne, Prime100 offers both refrigerated and shelf‐stable products to pet speciality and other retailers across Australia, focusing on science‐based product lines and veterinary endorsement. Post […]
USA: Equity fund Ahimsa acquires plant-based pizza company Blackbird Foods
Plant-based private equity firm Ahimsa has acquired Blackbird Foods, a manufacturer of frozen vegan pizzas and wings, seitan and dairy-free cheese, according to a Just Food report. This is Ahimsa’s third acquisition since its founding last year with the purpose of backing and expanding plant-based food business operating in the US. The acquisition will reportedly allow […]
Japan: Suntory to invest in gin plant in Osaka
Suntory Spirits, the alcoholic unit of Suntory Group, has announced an investment of ¥6.5 billion yen ($42.8 million) in its production facility in Osaka, Japan. The spirits and liqueurs facility, where The Japanese Gin Roku is made, will expand production capacity to cater to rising demand, the company said in a statement. Most of the total […]
Uruguay: Lactalis acquires Granja Pocha
Lactalis, the French dairy giant, has announced the acquisition of Uruguay-based dairy company Granja Pocha, according to Just Food and Todo Lecheria reports. Post-acquisition, Lactalis’s facilities in Cardona will assist Granja Pocha with whey drying and surplus milk processing. Lactalis will also now process 120 million litres of milk annually in Uruguay, with two factories and […]
India: Carlsberg to invest $42 million in Mysuru brewery
The Indian arm of global beer giant Carlsberg has announced plans to invest 350 crore ($42 million) in its Mysuru brewery in Karnataka state. The allocated investment will be used to strengthen production capabilities by installing new can, glass bottle and keg lines. Commenting on the move, Carlsberg India managing director Nilesh Patel said: “Karnataka […]