Acquisitions by food-service company total $2.35 billion. Food-service company Aramark plans to acquire two closely held companies for a total of $2.35 billion, in its largest deals since going public nearly four years ago. The company is buying Avendra LLC, which procures food, supplies and such services as landscaping for[Read More…]
Company News
Hilton Food Group to acquire Icelandic Group
The deal will be carried out through its wholly owned subsidiary Hilton Foods and is in line with its growth strategy Global meatpacking firm Hilton Food Group (Hilton) has entered into an agreement to acquire chilled fish processor Icelandic Group UK (Seachill) for a cash consideration of £80.8m. The deal[Read More…]
Supersized Chocolate Bars and Sweet Bags Banned from British Hospitals
Shops inside hospitals have stocked sugary drinks, sweets and unhealthy snacks, which have been bought not only by patients and their visitors but also by NHS staff. Supersized chocolate bars and “grab bags” of sweets are to be banned from hospitals in Britain as the National Health Service ratchets up[Read More…]
Mackays invests £3.8m to expand Scotland site
Starting in January 2018, the expansion will allow the company to introduce new product lines into its existing factory as well as create a dedicated distribution centre and packaging site Scottish marmalade and jam producer Mackays has announced a £3.8 million expansion to its site in Angus, Scotland. Starting in[Read More…]
Nestlé to rebrand and market its Nescafé Gold line
The core blend is made from mountain-grown Arabica coffee beans ground ‘ten times finer’ to unlock the bean’s aroma Nestlé is giving Nescafé Gold brand its biggest ever refresh as part of a £7 million investment, featuring new packaging and upgraded contents. The core blend is made from mountain-grown Arabica coffee[Read More…]
McCain Foods completes $50m expansion of processing plant
The plant in Florenceville-Bristol, New Brunswick is one of 11 McCain factories in North America – including six in Canada Potato chip company McCain Foods has completed a CAD 65 million ($51.46 billion) expansion of its flagship potato processing facility in New Brunswick, Canada. This represents the largest investment in[Read More…]
$31.4m infant formula facility in Russia to be built by Nestle
Nestlé plans to strengthen its presence and growth in the region with this new facility Food and beverage company Nestlé has plans to build a new infant formula factory at its site in Vologda, Russia, with an investment of RUR1.8bn ($31.4m). Nestlé plans to strengthen its presence and growth in[Read More…]
Agrana opens new facility at starch mill in Austria
Agrana has invested €80m in its new facility to increase its annual processing capacity to 540,000t Sugar, starch and fruit manufacturer Agrana has opened an additional facility at its cornstarch mill in Aschach der Donau, Austria. Agrana has invested €80m in its new facility to increase its annual processing capacity[Read More…]
Ontario partners to support Ferrero Canada’s expansion project
Ontario will be investing around C$11m ($8.8m) in Ferrero Canada’s C$90m ($72.1m) project through its Jobs and Prosperity Fund – Food and Beverage Growth Fund. The Government of Ontario in Canada has recently agreed to support chocolate and confectionery products manufacturer Ferrero Canada’s plans to expand its facilities and diversify[Read More…]
Mead Johnson Nutrition puts focus on China
The company aims to invest more in the R&D sector and strengthening the supply chain management. Mead Johnson Nutrition, a global company focused primarily on infant and child nutrition, is planning to take a more proactive marketing strategy in China in the coming years. The company aims to invest more[Read More…]
