Tag Archives: expansion plans

Nestlé Buys Majority Stake in Latin American Company Terrafertil

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Nestlé announced that it has acquired a majority stake in Terrafertil, a company selling natural, organic, plant-based foods and healthy snacks. The move widens Nestlé’s presence in a fast-growing category in Latin America, the United States and the United Kingdom. Nestle did not say how much it was paying and how big a stake it was taking in the company…. Read more »

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Barry Callebaut continues to expand in North America

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Barry Callebaut completes investments in two manufacturing facilities and introduces new warehouse The Barry Callebaut Group, the world’s leading manufacturer of high-quality chocolate and cocoa products, today announced it has completed two expansion projects in the US. Factories located in American Canyon, California and Chicago, Illinois recently received significant investment totaling nearly $25 million, which is within the annual CAPEX… Read more »

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Lesaffre Expands on the Baking Ingredients Market in Western Europe

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Lesaffre has recently announced two new acquisitions: LFI Tollblend Ltd in the UK and Tecno Bakery in Spain. Based in Worcester, UK, LFI Tollblend Ltd produces ingredient mixes for the baking and processed foods sectors. This facility has a dedicated gluten-free production capability, with a staff of 35 people working in production. “Lesaffre is already present in the UK through DCL Yeast and Fermex… Read more »

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Lantmännen: completes Vaasan acquisition

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Lantmännen’s acquisition of the Finnish bakery company Vaasan Oy has been completed. Lantmännen’s and Vaasan’s operations complement each other well and the acquisition increases Lantmännen’s market position within the grain and food chain in the Baltic Sea region. Together with Vaasan, Lantmännen can create an even more competitive company with strong growth opportunities in Northern Europe and other parts of the world. Lantmännen announced the agreement to acquire Finland’s Vaasan Group in January.

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