NEW ZEALAND > UK based Hilton Foods Group announces a new meat processing facility in Auckland, New Zealand investing NZ $ 54 million( $37.12 million)

Hilton Food logo Investing NZ $54 million ($37.12 million), Hilton Food Group plc., leading specialist international meat packing company is establishing a new facility, expanding an existing site in New Zealand. Progressive Enterprises Ltd, a subsidiary of Woolworths Ltd, is New Zealand’s leading retailer and the buyer of Hilton Food Group plc. Hilton Foods New Zealand, Hilton’s new formed subsidiary is the main More …

ITALY > India based Roha acquires Italy based New Foods S.p.A

roha Roha is set to acquire New Foods Industry S.p.A in Verona, Italy to position themselves in the color sector with synergistic innovative ingredients as New Foods Industry is considered as an expert in dry ingredients for the food and beverage industry. Roha and New Foods merger makes sense because of their similar business philosophies and complementary business segments. According to More …

SCOTLAND > US based Pizza Hut invests £611,000 (US$ 820K) in its Edinburgh Pizza Hut Restaurants and creates 20 new jobs

pizzahut Investing £611,000 and creating 20 new jobs, Pizza hut is transforming the restaurants at North Bridge and Kinnaird Park into a more contemporary feel. In addition the new menu will also include chicken wings, Kentucky style BBQ ribs and new additions to their warm cookie dough. The center stage is still taken by Pizza Hut restaurants famous icons such as More …

SERBIA > Nepal based CG group opens up a manufacturing facility in Serbia creating 1200 new jobs

Chaudhary Group logo Makers of the popular Wai Wai noodles, Chaudhary Group has ventured into the European Market by establishing its first manufacturing plant in Serbia. Wai Wai is claimed to have 27 percent market share for instant noodles in India as 8 of the 15 CG foods manufacturing facilities are based in India. Strategically positioned at Ruma in Serbia, the location of More …

USA > Switzerland based Nestlé invests $500 million to own 68% share in Blue Bottle

nestle logo Investing around $500 million in indie coffee brand, Blue Bottle, Nestlé has acquired 68 percent in the Bay Area- based company. Blue Bottle was founded in 2002 as a small roaster which currently has grown to 50 minimalist- cool- high end coffee shops in Bay Area, LA, NYC and Tokyo. The investment will enable Blue Bottle to invest in new More …

NIGERIA > Barcelona based GBfoods and Africa focused investment firm, Helios Investment Partners, form JV

GBFOODs logo photoshop The joint venture of GBfoods and Helios Investment Partners is set to acquire certain assets and leading brands in Africa to operate in 30 African countries with leadership positions in Nigeria and Ghana. The joint venture has acquired various African companies including leading brands such as Jumbo (bouillon), Gino and Pomo (tomato paste),  Jago (milk powder and mayonnaise) and also More …

SPAIN > Switzerland based Nestlé invests 37 million euros ($ 44.3 million) to expand its Girona plant in Spain

nestle photoshop logo With the aim of developing its production capacity for instant coffee, Nestlé, a food multinational firm, has invested 37 million euros ($44.3 million) in Nescafé factory in Girona, Spain. According to Nestle CEO, Laurent Dereux, the new production line will feature the latest technology that will allow Nescafe to make the most technologically advanced products in larger volume. The production More …

COLOMBIA > US based Cargill Acquires Colombia’s Pollos El Bucanero

bucanero-pollos Cargill announced in June 2017 that it has acquired Colombia-based Pollos El Bucanero S.A. (Bucanero Chicken), a consumer brand selling packaged chicken and processed meats products in retail stores throughout Colombia. According to Dnero, a Colombia-based new magazine, Bucanero invested about $100 million in modernizing its production facilities prior to acquisition by Cargill. About Pollos El Bucanero S.A. — or Bucanero More …