Investment

Mars Invests $237m In New Nature's Bakery Facility In Salt Lake City

Confectionery giant Mars has announced an investment of $237 million (€216.3 million) in a new baking facility for its Nature's Bakery brand, located...

Sofidel Acquires A Paper Mill In The US

European tissue paper maker Sofidel has acquired a paper mill from ST Paper, a Minnesota-based company, for an undisclosed sum.

Asahi Acquires Wisconsin-Based Octopi Brewing

Asahi Europe and International (AEI) has acquired Octopi Brewing – a contract beverage production and co-packing facility based in Waunakee, Wisconsi...

Aryzta Invests €40m In New Bakery In Australia

Aryzta has agreed to invest around €40 million in the construction and commissioning of a new bakery in Perth in Western Australia.

Mercadona Ends 2023 With 49 Stores In Portugal

Spanish supermarket chain Mercadona has expanded its presence in neighbouring Portugal by opening 10 new stores in 2023, reaching a total of 49 by year-end...

Greek-Yoghurt Maker Chobani Buys Coffee Firm La Colombe For $900m

Greek-yoghurt maker Chobani said it had bought ready-to-drink coffee maker La Colombe for $900 million to expand its beverage business.

Bain Capital Invests In Sports And Nutrition Brand 1440 Foods

Sports and active nutrition brand 1440 Foods has entered into an agreement with Bain Capital Private Equity, which will see the latter acquire a significan...

Naked Wines Sees Drop In Revenue And Profit In First Half

Naked Wines Plc has reported an 18% year-on-year decline in revenue at constant currency, to £132.3 million, in the first half of its financial year...