Brazil: JBS acquires 50% stake in egg specialist Mantiqueira
Global meat firm JBS has announced the acquisition of a 50% stake in egg specialist Mantiqueira, entering a new product category in the process. Mantiqueira currently has facilities in six Brazilian states but its products are available in ten more and also exported. Its brands include Happy Eggs and Fazenda da Toca. Commenting on the deal, JBS […]
France: Lidl opens “largest” logistics hub
Discount retailer Lidl has announced the opening of a new logistics hub in Ablis, southwest Paris, which is claimed to be the company’s largest anywhere in Europe. According to sources, the new facility will in a first stage serve Lidl’s 50 or so stores in the Paris region, while also having potential for further expansion. […]
UK: Rebel Kitchen to launch “world-first” camu camu berry shots
UK plant-based drink company Rebel Kitchen has announced the launch of what it claims to be the world’s first health shot made from the camu camu berry. Camu camu is described as a fruit native to the Amazon rainforest that contains 30 time more vitamin C per ml than an orange. The shots are said to be made from berries that […]
USA: Ferrero acquires protein snack firm Power Crunch
Confectionery firm Ferrero has announced that it has entered into an agreement to acquire protein snack company Power Crunch from Bio-Nutritional Research Group. Founded in 1996, Power Crunch offers a variety of protein-enhanced products, including snack bars, whey protein powder, and protein crisps, a newly-launched alternative to crisps. Commenting on the move, Ferrero North America president & […]
UK: Bramble Foods acquires Whitakers Chocolates
Bramble Foods Group, a supplier of branded ambient foods, has announced the acquisition of Whitakers Chocolates, a confectionery firm based in the UK county of North Yorkshire. Founded in 2008 , Bramble Foods manufactures confectionery, traditional cakes, and preserves from headquarters in Market Harborough. Backed by investment firm LDC since 2022, the company’s aim is […]
UK: Diageo finalizes agreement to sell Cacique rum brand to Bardinet
Diageo, the UK alcoholic beverages multinational, has announced it has finalized the sale of the rum brand Cacique to Bardinet, a major Spanish spirits company. Cacique is described as a Venezuelan rum brand with a 65-year heritage that is well-loved in Spain, in addition to its domestic market. Commenting on the sale, John Kennedy, Diageo president, […]
Australia: Nestle to invest A$30 million to upgrade KitKat factory
Nestle, the Swiss consumer goods giant, has announced an investment of A$30 million ($18.9 million) in digital technology and artificial intelligence (AI) at its Campbellfield factory in the Australian state of Victoria to upgrade manufacturing operations and support increased production capacity, especially for KitKat chocolate wafers. Commenting on the move, Nestle general manager confectionery Andrew Lawrey […]
India: Hatsun Agro acquires Milk Mantra
Hatsun Agro (HAP), a dairy products manufacturer, has announced the acquisition of Indian peer Milk Mantra for 233 crore INR ($27.5 million). Milk Mantra manufactures milk and dairy products under the Milky Moo brand, and has reportedly established a strong presence in the state of Odisha. The company’s turnover for the financial year 2023-24 was […]
India: Hindustan Unilever acquires beauty brand Minimalist
Hindustan Unilever (HUL), the Indian arm of Anglo-Dutch multinational Unilever, has entered into a definitive agreement to acquire a 90.5% stake in beauty brand Minimalist for 2,955 crore INR ($354.6 million), with plans to acquire the remaining stake in two years. Founded in 2020, Minimalist is described as a rapidly growing digital-first beauty brand offering […]
Spain: Aldi to open 40 new stores in 2025
German discount retailer Aldi has announced plans to open 40 new stores in Spain in 2025 as part of ongoing expansion plans. According to sources, Aldi is looking to open new stories in Murcia and consolidate its presence in the Balearics and the Canary Islands, starting with a store opening at the end of January on the […]