The world’s seventh largest food company BRF is planning to boost its UK presence with a £34M acquisition of Kent-based Universal Meats, as part of its global expansion plans.
> Read the full article on the Food Manufacture website
By Laurence Gibbons
Source: Food Manufacture
Kellogg Europe has invested €140 million (US$168.5 million) in manufacturing capacity to meet the increasing demand for snack brand Pringles with a new production line in its Polish factory opening ahead of time.
The owner of Philadelphia cream cheese and Heinz Ketchup had predicted flat-to-positive organic net sales growth, but today it reported 2.5% organic growth for the quarter.
The deal will see OFI’s wholly-owned subsidiary, Olam Holdings, acquire the US spice group from private equity firm Kainos Capital and Olde Thompson’s management shareholders.