UK: Valeo Foods to close confectionery facility in the UK
Valeo Foods, a leading European producer of sweets and snacks, has announced plans to shut down its confectionery plant in Pontefract, UK. The Pontefract facility manufactures a variety of products under the Barratt brand, such as Anglo Bubbly bubblegum, liquorice, sherbet, gummies and other sweets. Commenting on the move, Valeo’s UK business CEO Kevin Moore […]
Italy: Valeo Foods Group acquires Melegatti Cakes
Valeo Foods, a leading European producer of sweets and snacks, has announced the acquisition of Melegatti Cakes, an Italian sweet bakery manufacturer, in line with its strategy to expand in baked treats. Founded in 1894 in Verona, Melegatti has a portfolio that includes the Italian cakes pandoro and panettone, as well as croissants and a variety of […]
Italy: Valeo Foods Group acquires Freddi Dolciaria
Leading European sweets and snacks producer Valeo Foods has announced the acquisition of Freddi Dolciaria, an Italian producer of sweet bakery products. Founded in 1949 and based in Castiglione delle Stiviere, Freddi Dolciaria produces pre-packaged sponge cakes and Swiss rolls and generates nearly €20 million ($22.2 million) in annual turnover. Commenting on the move, Valeo Foods […]
Ireland: Valeo Foods to acquire IDC Holding
Valeo Foods, the Irish food firm, has announced the acquisition of IDC Holding, an independent producer of wafers, biscuits, and confectionery in Central and Eastern Europe, for an undisclosed sum. The acquisition is said to include the CandyPlus operation in the Czech Republic, the Balconi business in Italy, and the Schluckwerder business in Germany, which […]
Canada: Valeo Foods acquires maple syrup maker Appalaches Nature
Valeo Foods, the Irish food firm, has announced the acquisition of Appalaches Nature, a Canadian maple syrup business, marking its second acquisition both in North America and in the maple syrup sector. Founded in 2018, Appalaches Nature is a supplier of maple syrup to European, Canadian, and U.S. markets, operating from a 100,000 sq ft […]
Italy: Valeo Foods acquires bakery manufacturer Dal Colle
Leading European sweets and snacks producer Valeo Foods has announced it has reached a deal to acquire the assets of Dal Colle, an Italian manufacturer of baked goods. With distribution in over 35 countries, Dal Colle is renowned for a 180-strong range of sweet bakery items including croissants and the traditional Italian cakes pandoro and […]
UK: Valeo Foods announces Liverpool confectionery factory closure plans
Valeo Foods, the diversified food company, has announced plans to close a facility in the UK city of Liverpool that manufactures confectionery products. First acquired by the company in 2018, the factory employs 100 staff and is dedicated to the manufacture of the Taveners brand range of products, which includes traditional sweets such as caramels, […]
UK: Valeo buys Matthew Walker pudding brand
Valeo, the Irish food firm, is to acquired the UK puddings business Bakery Foods, trading as Matthew Walker, from the UK food giant 2 Sisters in a deal worth £67 million ($85 million), according to a FoodBev report. Based in Derbyshire where it operates a factory employing 200 staff, Matthew Walker produces Christmas puddings, sponge […]
USA: Campbell Soup to offload European crisps business
Campbell Soup, the US foods manufacturer, is continuing to shed non-core businesses, this time striking a deal to offload its European crisps business, including the Kettle brand, to the Irish firm Valeo Foods. The US company said it would use the proceeds from the sale, which is valued at around £66 million ($79 million) to reduce […]
Ireland: Valeo Foods strengthens in sweets with Tangerine Confectionery deal
Valeo Foods, the Irish food firm, is acquiring the UK sweetmaker Tangerine Confectionery from private equity fund Blackstone in a deal worth in excess of £100 million ($127 millino), according to Sky News and Food Manufacture reports. The acquisition is said to include manufacturing sites in Pontefract, York, Blackpool, Cleckheaton and Liverpool that together employ […]