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M&As, Funding & Investments
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Ferrero invests US$445M in its Ontario facility to expand product line
The investment marks the first time Nutella Biscuits and Ferrero Rocher chocolate will be manufactured outside of Europe.
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Welsh sausage company Langford’s to be sold to Red Sky Food Group
Red Sky Food Group is acquiring Langford’s in a joint investment by Literacy Capital and Mark Chantler. The deal includes management changes and outlines plans for future expansion in the protein sector.
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Müller acquires UK’s Kefir brand Biotiful Gut Health to expand functional dairy portfolio
Biotiful Gut Health to continue operations under Müller’s ownership, targeting accelerated growth in the UK’s functional dairy segment.
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Waitrose launches US$659,050 fund to back British farmers going green
The supermarket chain strengthens support for sustainable farming practices as part of its push toward net-zero targets.
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Manzi Water expands stores in South Africa amid growing demand for bottled water
Seven new Manzi Water outlets will open nationwide as water shortages, droughts, and infrastructure issues strain public supply.