A state-of-the-art production line is scheduled to go into operation in autumn 2025 Mondelēz International has announced a significant investment of 65 million Swiss francs in its Toblerone manufacturing facility in Switzerland. With this investment, the company is creating a global center of excellence for Toblerone in Bern (Switzerland), from[Read More…]
Finance
Clasado announces divestment of Bimuno supplement range to ELEAT
This strategic move enables Clasado to focus exclusively on its core B2B prebiotic ingredients business Clasado Biosciences (Clasado), a global leader in the development of scientifically proven prebiotic ingredients and product solutions for the gut microbiome, has announced that its Bimuno consumer supplement range has been acquired by ELEAT, a challenger[Read More…]
EIB supports plant protein factory in Sweden
The first of its kind in Sweden, the factory will have an annual processing capacity of over 40,000 tonnes of peas grown by Lantmännen cooperative members The European Investment Bank (EIB) has granted a €50 million loan to Lantmännen to co-finance the construction of a new pea protein isolate factory in[Read More…]
Azelis acquires Solchem Nature S.L
The acquisition aligns with Azelis’s strategy as it focuses on a targeted business that supports growing its market share in Spain Azelis, the reference innovation service provider in the speciality chemicals and food ingredients industry, announced that it has acquired 100 per cent of the shares of Solchem Nature S.L. (Solchem),[Read More…]
Castillo Hermanos to acquire Harvest Hill Beverage Company
Centerview Capital invests as a strategic partner, helping build U.S. beverage business Castillo Hermanos, a diversified multinational business group, announced it has entered into a definitive agreement with Brynwood Partners to acquire Harvest Hill Beverage Company, a leading beverage products player in the United States, with brands such as SunnyD, Juicy[Read More…]
M&S invests £50 Mn in North West England
The company also plans to open over 100 larger and better food stores by FY2028 M&S has announced a £50 million investment in stores across the North West of England for the coming year, creating 300 jobs and adding 100,000 square feet of retail space in the area. This investment[Read More…]
Prinova acquires Brazilian distributor Aplinova
The acquisition of Aplinova follows the takeover of Brazilian citrus oil processor Flavor Tec in 2023 Prinova has continued its global expansion with the acquisition of Brazilian ingredients distributor Aplinova Based in São Paulo, Aplinova is a leading provider of specialty ingredients for various market segments, including food, beverage, supplements[Read More…]
JBS announces $100 Mn investment plan for Vietnam
The plants will be responsible for producing beef, pork, and poultry and will primarily use raw materials imported from Brazil to supply the Vietnamese market and other Southeast Asian countries JBS has just announced a $100 million investment plan for the construction of two factories in Vietnam, a move aimed[Read More…]
Fresh Del Monte acquires majority stake in Avolio
The acquisition of Avolio allows Fresh Del Monte to convert avocados into premium avocado oil Fresh Del Monte Produce, one of the world’s leading vertically integrated producers, marketers and distributors of high-quality fresh and fresh-cut fruit and vegetables, today announces its acquisition of Avolio, Uganda’s leading supplier of bulk crude[Read More…]
Bunge to sell European margarines and spreads business to Vandemoortele
With this agreement, Vandemoortele expects to acquire Bunge’s margarines and spreads business in Germany, Finland, Poland and Hungary, along with its spreads and margarine manufacturing sites Bunge has announced an agreement to sell its European margarines and spreads business to Vandemoortele, a leading family-owned food group in Europe with a[Read More…]
