Saputo acquires the activities of Wensleydale Dairy Products, Dawn Foods acquires Icopa
Jul 09, 2021 — This week in Industry News, Saputo revealed that it is in the process of expanding its brand position in the UK and overseas by acquiring the business of Wensleydale Dairy Products Limited. Dawn Foods has acquired Portugal-based Icopa and Tate & Lyle has launched a program to enable Chinese stevia producers to reduce their environmental impact. Meanwhile, General Mills completed the acquisition of the pet treats business from Tyson Foods and Diana Pet Food opened a new location in Asia.
In short: Businesses are on the move
Saputo has agreed to acquire the activities of Wensleydale dairy Limit. The company, which will join the Dairy Products division of Saputo (UK) under its Europe segment, operates two facilities in England and employs approximately 210 people. The purchase price of Â£ 23 million (US $ 31.6 million), on a cash-free and debt-free basis, will be paid in cash at closing. Wensleydale Dairy Products manufactures, blends, markets and distributes a variety of specialty and regional cheeses, including Yorkshire Wensleydale cheese, which will complement and expand the company’s existing range of British cheeses, including Cathedral City and Davidstow cheddars.
Dawn foods, a global manufacturer of bakery products and supplier of ingredients, has acquired Icopa, the largest distributor of bakery products in Portugal. The acquisition of Icopa’s three distribution centers, including one located right next to Dawn’s ingredient manufacturing plant in Palmela, strengthens the company’s presence in Portugal and expands Dawn’s distribution capabilities by Europe.
In short: Sustainability
Tate & Lyle launched a sustainability program to enable stevia producers in China to reduce their environmental impact and reap greater economic benefits from the production of this calorie-free sweetener. Developed with the environmental charity Earthwatch Europe and rolled out with support from Nanjing Agricultural University, the outreach program provides farming families in Dongtai, eastern China, with training to help them modernize their farming practices and obtain sustainability accreditation for their stevia.
CP Foods launched its Biodiversity and Zero Deforestation Commitment. To be achieved by 2030, the commitment affirms the social responsibility of the company, which has been exercised through the âBalance of Natureâ strategy, one of the three pillars of the sustainable development strategies âFood security, self-sufficient society and balance of nature â. The commitment extends to all parts of the supply chain, requiring them all to produce food without harming the environment and to support the United Nations Sustainable Development Goals.
A significantly greener way of growing fruit and vegetables in the UK is starting to gain momentum. This week, a West Sussex fruit grower will deliver to Tesco the first commercial volumes of vertically grown strawberries in a production system requiring 50 percent less water and a 90 percent reduction in carbon footprint per kilo of fruit. Even better news for space-constrained fruit and vegetable growers, vertical crop yields are significantly higher than conventional production methods.
In short: Collaborations
Closer collaboration between Nestle and Lausanne Hotel School (EHL Group) will see the world’s largest food company and its leading international hotel management institution further combine their scientific and culinary expertise to accelerate innovation. The two parties will bring their creative talents to a joint program aimed at translating scientific discoveries into prototypes and new recipes for NestlÃ© research or R&D accelerator projects. In addition, professors from EHL and scientists from NestlÃ© Research will collaborate on scientific publications. Guided by EHL chefs, during R&D workshops, EHL students will be exposed to NestlÃ©’s strong expertise in science and technology, helping them to create new recipes.
In short: Appointment
Karen Betts – currently CEO of the Scotch Whiskey Association (SWA) – will become the new CEO of the Food and Beverage Federation (FDF). Betts has headed the SWA since 2017. A lawyer by training, Karen previously had a two-decade career in the Ministry of Foreign Affairs and the Diplomatic Service, most recently as SM Ambassador to Morocco. She will succeed Ian Wright, who resigns at the end of 2021 after seven years in this position.
In brief: Plant highlights
Consumers and investors have so far pledged over Â£ 2.3million (US $ 3.1million) for the herbal brand Meatless Farm in the early days of the company’s crowdfunding. The target was reached just six hours after the campaign opened to the public after a week-long private launch phase. More than 2,000 investors have signed up for the investment, and an extended campaign with increased funding has been confirmed to meet the additional demand.
Fiid, the Irish plant-based food company, has taken its sustainability journey a step further by making its entire product line carbon neutral, taking the crown of the world’s first carbon neutral ready-cooked meal. Carbon neutrality refers to achieving zero net carbon dioxide emissions. This is done by balancing the carbon dioxide emissions generated, in the case of fiid as a result of its business activities, with their elimination, often through a carbon offsetting process, but also through elimination or total reduction. .
In Brief: Highlights Of Pet Food
General Mills completed the acquisition of the pet treats business of Tyson Foods for US $ 1.2 billion in cash. The company, which includes the brands Nudges, Top Chews and True Chews, is the leader in natural meat treats for pets. Tyson Foods’ pet treats portfolio generated more than US $ 240 million in net sales in the 12 months ended April 3, 2021. As part of the acquisition, General Mills also acquired a manufacturing in Independence, Iowa.
Diana pet food opens a new factory in Asia-Pacific, located in Chuzhou, Anhui province, China. It is the first Diana Pet Food site in Asia-Pacific to have a spray dryer and pet food palatability measurement center, making it a unique site on the continent for the company.
By Elizabeth Green
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