Chobani, the US food and beverage manufacturer, has announced plans to invest approximately $1.2 billion over the next five years to establish a 1.5-million-square-foot manufacturing and warehouse campus in Allentown (PA). The expansion includes acquiring an existing Allentown manufacturing facility and warehouse from Keurig Dr Pepper (KDP). First opened for production in 2021, the facility will be equipped with new technology and up to 10 production lines. The site is …
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Yellow Wood Partners, the US private equity firm, has agreed to acquire the Holistic Health platform from global food manufacturer Nestlé for $1.0 billion. Holistic Health is a global vitamins, minerals and supplements business featuring a portfolio of established brands. The platform includes Nature’s Bounty – the second-largest overall supplement brand and top women’s health brand in the US – alongside specialty brands Nuun, Osteo Bi-Flex and Gard. Nature’s Bounty products …
Happy Cultures, the Indian health and wellness company, has launched Dubai Kunafa Yeast Protein, introducing the viral flavour profile into the protein supplement segment. Priced at an RRP of Rs 2,199 ($25.32), the product reportedly combines yeast protein with real pistachios. Each serving provides 24g of yeast protein and is described as featuring a PDCAAS score of 1, indicating a complete amino acid profile. The formulation is sweetened with monk …
Heineken, the Dutch brewing business, is investing a double-digit million sum to build a new city brewery in Eichhof, Switzerland and modernise its Swiss headquarters. Under the plans, Lucerne will remain the long-term hub for the Eichhof brand, producing its core range alongside specialities and innovations. Following the planned commissioning of the facility from 2030, Heineken Switzerland will adjust its production structure, moving larger production volumes partly to its site in …
Pernod Ricard, the French wine and spirits multinational, has acquired the remaining shares in aperitif brand Italicus following its initial investment in March 2020. Launched in 2016 by mixologist Giuseppe Gallo, Italicus is a 20% abv super-premium bergamot-infused aperitif made with botanicals such as Sicilian citrus and Calabrian bergamot oranges. It is distilled with lavender, gentian and yellow rose at a family-owned distillery near Turin. Under the 2020 agreement, Pernod …
Unilever, the UK-based consumer goods giant, is seeking a buyer for its Colman’s mustard brand ahead of a planned deal to offload the bulk of its food operations to US food group McCormick. The disposal plan has been initiated to proactively address potential competition concerns from regulators, as McCormick already owns the French’s mustard brand. Investment bank Rothschild has been instructed to contact prospective buyers for the 200-year-old brand, though …
Patatas Melendez, the Spanish fresh potato producer, has invested more than €50 million ($56 million) in the technological transformation of its Melendez 4.0 production facility in Medina del Campo, Spain. The investment has been allocated to incorporate automation systems, robotics and data analytics across potato selection, packaging, and marketing processes. According to the company, the project aims to optimize manufacturing operations, reinforce product traceability and expand overall production capacity. Patatas …
Sweetmore Bakeries, a Chicago-based family of specialty bakeries, has completed the acquisition of Fantasy Baking, a manufacturer of private label and branded sweet baked products. The acquisition marks Sweetmore Bakeries’ sixth facility overall and its first manufacturing site on the West Coast, extending its footprint across the Northeast, Midwest, Southeast, Southwest and West. Following Shore Capital’s 2025 recapitalisation of Sweetmore Bakeries, the deal expands the company’s scale, strengthens its presence …
Obersteirische Molkerei (OM), the Austrian dairy co-operative, is in advanced talks to integrate its operational dairy business into rival co-operative Berglandmilch. According to a letter sent to suppliers, other business sectors of the co-operative, including its hardware stores, forestry and agricultural technology divisions, will not be affected by the restructuring. The management and supervisory boards of OM voted unanimously in favour of the transfer. A two-thirds majority vote from OM’s …
Allied Blenders and Distillers (ABD), the Indian spirits company, has entered Malaysia through an asset-light co-bottling partnership to manufacture and distribute its Officer’s Choice Blue whisky locally. The agreement marks ABD’s first overseas local production partnership and is designed to facilitate market entry with limited capital outlay. Under the arrangement, ABD will collaborate with an established local partner while retaining control over raw materials, packaging, quality standards and brand stewardship. …
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