USA: Molson Coors enters into partnership with Fever-Tree
Molson Coors, the US brewer, has announced it has secured exclusive rights to produce, market, sell, and distribute the Fever-Tree brand of tonics, ginger beers and mixers in the US as of February 2025. As part of the deal, Molson Coors will also acquire an 8.5% stake in Fever-Tree for $88.3 million, making it the company’s second-largest […]
UK: Dean’s of Huntly to acquire Duncan’s of Deeside
UK-based bakery business Dean’s of Huntly has announced the acquisition of shortbread specialist Duncan’s of Deeside for an undisclosed sum, according to report in Just Food and British Baker The deal aims to increase Dean’s of Huntly’s market share in the premium shortbread sector. Commenting on the deal, Dean’s of Huntly managing director Bill Dean said: […]
UK: Unilever to close ice cream facility in Bulgaria
Unilever, the multinational consumer goods giant, has announced plans to close its ice cream facility in Bulgaria and move part of the production to Romania. The closure comes after Unilever announced plans to spin off its ice-cream division, which generates nearly €8 billion ($8.3 billion) in annual sales, by the end of the year. “This move […]
USA: Diageo unveils plans for Alabama manufacturing and warehousing facility
Alcoholic drinks giants Diageo has announced plans to open a new 360,000 sq ft manufacturing and warehousing facility in Montgomery, in the US state of Alabama. The $415 million facility will have a multi-million case annual production capacity for Diageo’s leading beverage alcohol brands, enhancing the North America supply chain and supporting future growth for exports, the […]
USA: Cargill to close turkey facility in Arkansas
Cargill, the global food and agribusiness firm, has announced the closure of its turkey processing plant in Springdale (AR), effective as of 1st August. Built in 1965, the Springdale plant produces fresh and frozen whole turkeys, bone-in turkey breasts and case-ready turkey products. “This was not an easy decision to make given the impact on […]
UK: Diageo offloads majority stake in Guinness Ghana Breweries
Diageo, the UK-based spirits farm, has announced it has sold its 80.4% shareholding in beermaker Guinness Ghana Breweries plc to French wine producer Castel Group. The company said it would retain ownership of the Guinness brand and other Diageo brands, but that these would be licensed to Guinness Ghana Breweries under a new long-term agreement. Diageo […]
India: Adani Wilmar starts operations at Haryana food processing plant
India-based food firm Adani Wilmar has started operations at its new food processing plant in Gohana, Haryana, with an initial shipment of 100 tonnes of rice. Spanning 85 acres and built with an investment of INR 1,298 crore ($149 million), the facility reportedly features advanced technology and is projected to produce 627,000 tons annually, including 200,000 […]
USA: Tiger Brands to sell minority stake in Empresas Carozzi
South African consumer goods firm Tiger Brands has announced plans to sell its minority stake in Empresas Carozzi, a Chilean food and drinks manufacturer, to Carozzi, which already has a 75.61% share in the company. Founded 126 years ago, Empresas Carozzi produces grains, confectionery, sauces, baked goods, beverages, ice cream, and pet food that are sold […]
France: Carrefour and Lagardere to open 150 train station stores
SNCF Gares & Connexions, the French train station operator, has selected retail giant Carrefour and travel retail group Lagardere to open 150 food stores over the next five years, following a competitive tender process. The initiative falls under SNCF Gares & Connexions’ “Place de la Gare” programme, which aims to integrate community-focused services into urban […]
China: PepsiCo to build Quaker oats plant in Jiangsu
PepsiCo, the global snacks and drinks giant, has announced plans to build a Quaker Oats production facility in China in collaboration with Jiangsu Rilong Food. Involving an investment of 500 million CNY ($68.6 million), the plant will cover an area of 100,000 sq m and deliver up to 160,000 tonnes of cereal annually. Commenting on the move, […]