FDBusiness.com

Nestle to Invest €45 Million in German Frozen Pizza Factory

 Breaking News
  • Parmalat Acquires Canadian Natural Cheese Division of Kraft Heinz For €1.1 Billion Parmalat, the Italian dairy group, is acquiring Kraft Heinz Canada’s division that produces and markets Kraft’s natural cheese products, mainly under the Cracker Barrel, P’tit Quebec and aMOOza brands, for C$1.62 billion (€1.1 billion). Net revenue generated by the business being acquired amounted to about C$560 million (€374 million) in 2017. The acquired business includes [...]...
  • Lantmännen Unibake Expands in Australia The international bakery group Lantmännen Unibake has signed an agreement to acquire the Australian pastry manufacturer Bakery du Jour. The acquisition is an important step to expand Lantmännen Unibake’s global footprint. Family-owned Bakery du Jour was founded more than 20 years ago and is a leading supplier of premium pastry products to major Australian retailers as [...]...
  • Leading Global Online Grocery Markets to Create a $227 Billion Growth Opportunity by 2023 Ten leading global online grocery markets are predicted to experience combined growth of $227 billion, at an annual rate of 20%, by 2023, according to new figures unveiled by IGD. As the global leader in grocery eCommerce, China will grow at a 31% CAGR over the next five years, taking market share from 3.8% to 11.2%. [...]...
  • Agr’s New Multi-head Coating Measurement System Performs Body and Finish Coating Measurements in One Operation Agr International recently announced the introduction of the Combined Coating Measurement System (CCMS) for measuring metallic coatings on both the finish and body regions of glass containers. This totally new device provides operators with a one-stop, single operation testing station for measuring tin oxide coatings applied to the container during the production process. This system utilizes [...]...
  • PepsiCo to Acquire Pipers Crisps PepsiCo intends to acquire premium crisps brand Pipers, subject to approval from the UK Competition and Markets Authority. PepsiCo plans to accelerate the growth of the Pipers business in the UK and will continue to develop the export of its products. The kettle-cooked, gourmet crisp brand will complement PepsiCo’s existing savoury snacks portfolio, with Pipers’ award-winning [...]...

Nestle to Invest €45 Million in German Frozen Pizza Factory

Nestle to Invest €45 Million in German Frozen Pizza Factory
November 22
14:38 2011

Nestle is strengthening its frozen pizza business by extending its Wagner factory in Germany. The new Eur45 million extension to the factory, located in the city of Otzenhausen, will boost production of Wagner branded frozen food products such as Big Pizza, Piccolinis and Die Backfrische.

 

Production is set to increase from 70 million products to 350 million products annually once the new extension is fully operational in 2013. Products include pizzas such as reduced fat, wholegrain, lactose-free and organic varieties which are produced without flavourings or additives.

 

The new extension is Nestle’s latest investment to expand its frozen pizza business globally. Nestle added brands DiGiorno, Tombstone, California Pizza Kitchen, Jack’s and Delissio to its portfolio in the US and Canada, after acquiring Kraft Foods’ frozen pizza business last year. The purchase makes Nestle the leader in the North American frozen pizza category, where the company only had a minor presence before.

 

Nestle entered a joint venture with Wagner in 2005 and increased its stake in the company to 74% in 2010. Nestle also bought the Buitoni pizza, pasta and sauce business in 1988.

 

Wagner’s turnover has increased by 51% since it partnered with Nestle “Nestle has proven to be the ideal partner to develop our business worldwide and to develop it in new markets. Today we are one of the largest manufacturers of frozen pizzas inEurope,” says Gottfried Hares, managing director of Wagner.

 

Nestle and Wagner will also continue to share technology and expertise. Wagner introduced its Stone Oven pizza over two decades ago and has continued to bring new innovative products to consumers. Nestle’s new Buitoni Piccolini pizzas use the dough technology that Wagner developed in the late 1990s. In the US, Nestle’s DiGiorno pizzas use the same self-rising crust that is used in Wagner’s Backfrische pizzas.

About Author

mike

mike

Related Articles



Food & Drink Business Conference & Exhibition 2016

Upcoming Events

  • November 21, 2018expoSE European Asparagus and Strawberry Fair
  • November 27, 2018Health Ingredients Europe
  • November 28, 2018FOOD & LIFE
  • December 3, 2018P&P 2018
AEC v1.0.4

find food jobs

The Magazine

F&D Business Preferred Suppliers

New Subscriber





Subscribe Here



Advertisements