Germany: Henkel to divest its retailer brands business in North America
Henkel, the Germany-based personal and household care giant, has announced it has entered into an agreement to sell its Retailer Brands business in North America to an affiliate of First Quality Enterprises, a manufacturer and distributor of hygiene, paper, and packaging products. Henkel said it deemed the Retailer Brands business non-core within the Consumer Brands […]
Brazil: Vinicola Aurora announces investment in manufacturing capability
Brazilian wine cooperative Vinicola Aurora has announced that the company is investing R$25 million in 2025 ($4.3 million) to modernise its production operations. According to sources, the new money comes on the back of R$130 million ($22.5 million) the company has invested in structural improvements over the last few years, including increasing Vinicola Aurora’s total storage capacity […]
Netherlands: Cloetta shelves manufacturing plant plans
Swedish confectionery firm Cloetta has announced it has shelved plans to build a new manufacturing plant in the Netherlands, citing “increased risk related with energy supply” and “issues with the permitting process”. In a press release, Cloetta said it had originally announced the greenfield project in 2022 but then put it on hold for reassessment last […]
France: Jay&Joy acquires Les Nouveaux Affineurs
Jay&Joy, a French company specialising in plant-based cheese alternatives, has announced it has acquired its peer Les Nouveaux Affineurs, as well as securing a €2 million ($2.1 million) funding round to support the deal. As part of the acquisition, Jay&Joy will take over a production site in Ivry-sur-Seine, doubling its capacity. It will join its existing portfolio of […]
Egypt: Coca-Cola HBC opens new production line
Coca-Cola Hellenic Bottling Company (Coca-Cola HBC), the Switzerland-based soft drinks bottler, has announced the opening of a new production line at its existing 82,000 sq m factory at Sadat City in Egypt. According to sources, the factory has an annual production capacity of 720 million litres and is the fastest and most advanced facility of its kind in […]
Canada: Walmart invests in stores and supply chain
Supermarket chain Walmart has just announced the investment of C$6.5 billion ($4.5 million) over the next five years to boost growth in Canada. In a press release, the firm said it planned to build dozens of stores all over Canada and five new supercentres in Ontario and Alberta by 2027. A Port Credit Walmart Supercentre is […]
India: Amul to set up world’s largest curd plant in Kolkata
GCMMF, India’s biggest dairy cooperative, has announced plans to build the world’s largest curd manufacturing plant in Kolkata with an investment of 600 crore INR ($66 million). GCMMF, which sells dairy products under the Amul brand, is the world’s biggest farmer-owned dairy cooperative, with 3.6 million farmers in 18,600 Gujarat villages. It collects 30 million […]
India: ITC acquires Prasuma to expand in frozen foods
ITC, the Indian conglomerate, has announced that it has entered into an agreement to acquire Prasuma, a leading player in frozen, chilled and ready to cook foods, over a period of three years. Prasuma is described as a specialist in Oriental cuisine offering a diverse range of over 170+ products under the Prasuma, Meatigo and […]
Netherlands: Migros sells SoFine tofu brand to New Originals
Migros, the leading Swiss retailer, has announced plans to sell its meat alternative brand SoFine to The New Originals Company, a leading European tofu producer. Founded in 1963, SoFine makes tofu and soy-based products and has a manufacturing site in Landgraaf, Netherlands. It specialises in organic, and GMO-free products under the SoFine and ProLaterre brands, […]
USA: JM Smucker to offload Cloverhill and Big Texas brands to JTM Foods
US food and beverages manufacturer JM Smucker has announced that it has entered into an agreement to sell its Cloverhill and Big Texas bakery brands, as well as certain private-label products, to ready meals firm JTM Foods for $40 million. As part of the deal, relevant trademarks and licences, the company’s manufacturing facility in Chicago […]