Het Nest, a small brewery from Turnhout, will get its beers brewed in Brazil as well. It has struck a deal with Cervejaria Premium Paulista, which will brew and distribute the beers locally.
Belgian food group Ter Beke has acquired a 90 % stake in British competitor KK Fine Foods for an undisclosed fee. The current shareholders hold onto the other 10 %.
Belgian praline brand Godiva will soon sell its chocolate in supermarkets all over the world after signing a deal with chains like Albert Heijn and Sainsbury’s. Previously, it sold nearly all its chocolate through its own store network.
Can one French and several Dutch managers do what the Belgian management failed to do these past few years at Delhaize Belgium? Its new CEO will face plenty of challenges: we count at least seven.
Nestlé USA has acquired American Sweet Earth for an undisclosed fee. The company mainly manufactures meat replacements, a rapidly-growing market, but also several frozen meals.
Belgian-Dutch supermarket company Ahold Delhaize has fired Denis Knoops, CEO of the Belgian Delhaize branch. He pays the price for his division’s weak performances and will be replaced by Xavier Piesvaux.
British-Dutch Unilever bought British tea company Pukka Herbs, expanding its own tea portfolio even further. It already owns brands like Lipton and PG Tips.
The soda industry has voluntarily chosen to no longer sell sugary drinks in secondary schools across the European Union. The move comes eleven years after the ban on sugary drinks in primary schools.
Shareholders for Europe’s largest soda and fruit juice manufacturer, Refresco, approved American competitor Cott’s acquisition in droves. The deal is the Rotterdam-based company’s largest acquisition in its seventeen-year history.
Belgian-Swiss chocolate giant Barry Callebaut launched a new type of chocolate. The pink chocolate is made from a particular type of cocoa bean, giving its fruity flavour and remarkable colour.
Ardo, the vegetable processing company from Ardooie (Belgium), has just acquired Canadian VLM Foods and its subsidiary Compañia Frutera La Paz. These are its first non-European acquisitions and they will help grow its turnover beyond the one billion euro mark.
Peapod’s CEO, Jennifer Carr-Smith, has suddenly resigned. She will stay on at Ahold Delhaize’s American online supermarket for a few days and then leave.
European consumers have spent 3.7 % more on grocery shopping in the second quarter than in the first, the largest increase in three years’ time. The Benelux also bounced back from bad results in previous quarters.
Despite turnover at dairy manufacturer FrieslandCampina growing 10 % in the first half of 2017, its profit only grew 1.3 % compared to the year before. Price hikes lifted turnover, but problems in China lowerd profits.
French retail giant Carrefour has stated it will simplify its structure after presenting very weak financial results yesterday. Its share got hammered 13 % on the French stock exchange as the French company said it has no improvement in sight.
Metro has reported a decent third quarter turnover growth, both on a like-for-like and reported basis, for the company’s first independent results since its split from Metro Group.
French retail group Carrefour recently revealed disappointing financial results for the first half of 2017, and the new board indicated the second half of the year will also remain difficult.
