Nestle will invest more than SFr98 million (Eur83 million) in Thailand to increase manufacturing of its products including coffee and ice cream. The two year investment will support the expansion
Tag "investment"
Dr Oetker is to construct its first frozen pizza factory in North America. The German-based frozen foods group plans to build the factory in Ontario, Canada, at a cost of
Nestle has opened a new pet food factory extension in Hungary producing Purina brands such as Felix, Friskies and Gourmet. With an investment of over SFr45m (Eur38m), the 10,000 sq
Driven by a strong performance from its managed pubs and hotels business, London-based regional brewer and pub operator Fuller, Smith & Turner increased profit before tax by 16% to £31.0m
The Irish Government has allocated grant aid of Eur1.7m for 18 companies towards a total investment package of Eur7.4m to enhance efficiency within the Irish seafood processing industry. The initiative
PepsiCo UK is investing £8.5 million in its Quaker Oats site at Cupar in Fife, Scotland, in order to meet increasing consumer demand for Quaker’s hot cereals, which have grown
The European Bank for Reconstruction and Development has invested Eur10m to acquire a minority stake in Hlebprom, a leading Russian cake and biscuit producer which has developed its own national
Cereal Partners Worldwide (CPW), a joint venture between Nestle and General Mills, will invest SFr35m (Eur27m) over two years in the construction of a new breakfast cereals factory in Malaysia.
Arla Foods is to rationalise its yellow cheese production to counter international competition and declining milk volumes in Sweden. The Scandinavian dairy group’s restructuring plan aims at consolidating part of
SABMiller is investing an additional $15m in its operations in South Sudan to increase production capacity and build on the strong performance of its local brand portfolio. The state-of-the-art brewery
Cargill, the US-based food and agriculture group, has made a significant investment in its liquid flavour blending plant at its production facility in Grasse, France. The redevelopment has resulted in
Nestle has opened a new Eur117m factory in Germany dedicated to producing hypoallergenic (HA) infant formula. As an extension of the company’s 106 year old Biessenhofen factory site, the Nestle
Diageo, the world’s largest producer of Scotch whisky, is to invest £3.5m to expand and upgrade its Caol Ila distillery on the Sound of Islay. Production at the site will
UK soft drinks manufacturer AG Barr has increased pre-tax profit, excluding exceptional items, by 13.3% to £31.6m for the twelve months to January 29th 2011 and turnover by 10.4% to
Nestle will double production of Nescafe Dolce Gusto coffee capsules with a SFr64m (Eur50m) investment in a new international production line in Spain, creating 150 new jobs. The new line
Nestle is to invest about SFr49.6m (Eur38m) in a new breakfast cereals factory in Turkey. The 9,400 sq m facility in Karacabey, Bursa will begin production by the end of
Despite a 68% fall in operating profit to £2.3 million and a drop in sales to £218 million during 2010, leading UK fresh produce company Produce World is well placed
DMK (which is being created by the merger of Nordmilch and Humana) and Arla Foods will establish a 50/50 joint venture to process whey for the global food manufacturing industry.
Sugar, starch and fruit group Agrana is investing Eur56m in building a starch factory for the production of wheat starch and gluten at the site of its bioethanol plant in
SABMiller will invest over $100m in building a new greenfield brewery in Onitsha, in South Eastern Nigeria. The Anambra State Government and other Nigerian investors will hold up to 20%
Nampak Plastics Europe has officially opened its bottling facility in Ballymena, Northern Ireland, following investment of £3.2m investment. Plans for the bottle manufacturing plant located at the Dale Farm liquid
Austrian group Agrana is to invest Eur27.6m to expand its Russian fruit preparation plant at Serpuchov over the next five
Blackpool-based Tangerine Confectionery, the largest British manufacturer of sugar confectionery and branded popcorn in the UK, is reported to be
As part of its expansion strategy to increase turnover to $100m by 2012, CJSC Landrin, one of the largest chocolate
2010 has been a year of expansion for Arla Foods following a period of restructuring and cost reduction in 2009.
Reporting growth across all regions and categories, Nestle achieved a 6.2% organic growth in 2010 group sales to SFr109.7b (Eur84.9b)
As part of its strategy for growth, UK chicken processor 2 Sisters Food Group is spending £30 million on a
Finnish food group Raisio has acquired UK-based Big Bear Group for Eur95.3m (£82.0m) to further its growth strategy of becoming
US-based snacks group Diamond Foods is investing $10m to expand of its UK production facility in Norwich to meet increasing
Cranswick, the UK pigmeat, cooked meats and sandwiches producer, continues to invest in strengthening its asset base. The company has
International dairy co-operative FrieslandCampina is investing Eur36m to almost double production capacity at its Aalter production site in Belgium. The
UK dairy co-operative Milk Link has acquired the Cornish Country Larder cheese business for an undisclosed sum in a deal
Sales at Roshen Confectionery, the Ukrainian confectionery manufacturer, surged by 32% to exceed $1b during 2010. Production volumes rose by
Northern Ireland meat processor Linden Foods has opened a new state-of-the-art retail packing and product development facility in Dungannon. The
Nestle is to close its confectionery factory at Castleford but has opened a new £5m Kit Kat production line in
Danone Baby Nutrition plans to invest Eur50m to significantly expand capacity at its baby food manufacturing plant at Macroom in
UK frozen desserts manufacturer Polestar Foods has been sold to Privet Capital, the turnaround investor, for an undisclosed sum. Privet’s
British bakery group Warburtons is reported to have invested £2.5m in a dedicated gluten-free production plant at its site in
Dutch dairy multinational Koninklijke FrieslandCampina plans to invest Eur47m to improve efficiency at its cheese plants in Workum, Marum, Balkbrug,
UK-based speciality breads, Danish pastries and tarts producer Giles Foods has expanded its bakery in Milton Keynes. Following investment of
Moy Park, Northern Ireland’s largest food manufacturer, has officially opened a new turkey processing facility at its site in Ballymena. The
Cooley Distillery, Ireland’s only independent distillery, has been named European Distiller of the Year for the third consecutive year at
Tokyo-based Lotte Group is reported to be investing in the region of Eur200m to expand and diversify its Wedel confectionery
Dairy company Milkiland, which operates in the Ukraine and Russia but is registered in the Netherlands, has commenced its public
The cost of proposals to increase production of Ireland’s dairy industry by 50% over the next decade, to coincide with
Having recently unveiled plans to invest $140m to build its tenth plant in Russia as part of a $1b investment
Coca-Cola has opened three new bottling plants in China worth a combined $240m, continuing its rapid expansion in one of
French and international vegetables processor Bonduelle has opened its first factory in Brazil. Based in the state of Goias, the
Arla Foods UK, the British arm of Scandinavian dairy co-operative Arla Foods, is investing £6.7m in a new bottle blowmoulding
Puratos, an international group of Belgian origin specialising in the manufacture of raw materials for bakers, pastry chefs and chocolatiers,
Global soft drinks and snacks giant PepsiCo plans to invest $140m to build its tenth plant in Russia. The new
Bacardi, the largest privately held spirits company in the world, has completed the initial phase of its $250m investment in
UK dairy group Dairy Crest has renewed its fresh liquid milk contract with retailer Morrisons through to 2015. “We are
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