Berglandmilch, Austria’s largest dairy, is investing €17.5 million ($19 million) to establish a new mozzarella production line at its Aschbach facility in Mostviertel. The expansion project, which is supported by a €1.75 million ($1.9 million) contribution from the government, state and EU, will involve upgrading the site’s existing milk acceptance zone with an additional storage tank and tank extraction line. Capital will also be deployed into production facilities, including a …
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Poulter Family Wines, the family-owned New Zealand wine and beverage business, has completed its acquisition of a selection of wine brands and assets from Constellation Brands. According to the company, the transaction returns the Selaks brand alongside seven other brands to local ownership. The deal also incorporates a 10,000-tonne winery and vineyards in Hawke’s Bay. The other seven brands included in the acquisition are Little Harvest, State of Light, Superstate, …
Horse Soldier Bourbon, the US spirits brand backed by Californian wine and spirits company Gallo, has opened its new $200 million American Freedom Distillery in Somerset (KY). Named Horse Soldier Farms, the 240-acre site near Lake Cumberland officially opened on the 4th July. The development includes the 50,000 sq ft American Freedom Distillery, The Outpost retail store, and event spaces. Previously distilled by Middle West Spirits in Columbus, Ohio, production of the …
Trek One Capital, the US investment firm, has completed the acquisition of No Cow, a US manufacturer of plant-based protein bars, and Good Karma Foods, a US producer of flax-based non-dairy milk. According to Trek One Capital, No Cow offers low-sugar, dairy-free protein bars, whilst Good Karma Foods produces nutrient-rich flaxmilk. Both brands distribute their products nationally across the US via natural and conventional retail outlets, alongside direct-to-consumer e-commerce channels. …
Capri Sun, the Switzerland-based beverage manufacturer, has commenced construction on a new production facility in Stargard, Poland. The investment aims to expand the company’s production capabilities in Europe and lay the groundwork for future growth. The first phase of construction is scheduled for completion by the end of 2027 and represents an investment of more than €70 million ($76 million). According to Capri Sun, the new site will create around …
Mars, the snacks and confectionery company, has announced plans to permanently close its Nature’s Bakery manufacturing plant in Hazelwood (MO). According to a local government Worker Adjustment and Retraining Notification (WARN) filing, the shutdown will take place by September 2027 and will result in the elimination of 345 jobs. The layoffs will be executed in two rounds, with 130 employees scheduled to leave on 11th September this year, followed by a …
Nestle, the Swiss food and beverage giant, has announced an investment of 23 billion THB ($688 million) to construct a new Nescafe manufacturing facility in Thailand’s Samut Prakan province. The high-tech factory, which is scheduled to begin operations in the latter part of 2028, will produce a broad range of Nescafe products, including soluble coffee, coffee mixes, and ready-to-drink formats. Equipped with advanced manufacturing technology and artificial intelligence (AI), the site will …
Refresco, the global beverage solutions specialist, has sold the brand rights of its fruit drinks brand Wicky to local Dutch soft beverages business Riedel. While the financial terms of the transaction were not disclosed, both firms released a joint statement indicating that the agreement will allow the Wicky brand to realise its full potential. Sold across the Netherlands and Belgium, Wicky is a fruit drink brand available in flavours including …
Apheon, the European private equity firm, has announced the acquisition of Alma, a newly formed French frozen food group, for an undisclosed sum. Alma was established in April 2026 through the merger of premium frozen Asian snacks manufacturer Foo Seng and meal-components supplier Varachaux. The combined business employs around 115 people and generates around €40 million ($45.7 million) in revenue, supplying wholesalers, foodservice operators and retailers, primarily in France. Following …
VBL Industries (Kenya) Limited (VBL Kenya), a wholly-owned subsidiary of Indian beverage producer Varun Beverages, has entered into a Business Transfer Agreement to acquire the value-added dairy beverages, juices and packaged drinking water business of Devyani Food Industries (Kenya) Limited (DFIL Kenya), an RJ Corp subsidiary Under the terms of the agreement, VBL Kenya will pay a purchase consideration of $32 million to DFIL Kenya, which is a promoter group …
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