DENMARK: Arla sells market-leading pasta maker
Arla Foods subsidiary Tholstrup Cheese has entered into an agreement to sell pasta manufacturer Pastella to Beauvais.
"The sale of Tholstrup's pasta business reflects our wish to concentrate on our core business. We're pleased to sell to Beauvais whom we're convinced can continue and develop the business," Arla Foods' vice CEO Povl Krogsgaard said today (23 April).
Pastella is the market leader in the fresh pasta category in Denmark, Sweden, Finland and Holland. With annual turnover of DKK130m (US$23.6m), the company is headquartered in Fredericia and has production facilities in Fredericia and Skovlund.
With an annual turnover of DKK650m, Beauvais produces a range of foods under the Beauvais produces and markets a wide range of food products under the Beauvais, Fresh Light, Risifrutti, Den Gamle Fabrik, Grandiosa and Glyngøre brands.
"The fresh pasta market is growing, and the purchase of Pastella will strengthen Beauvais' brand portfolio as well as further developing this area in the Nordic countries," said Beauvais' CEO Per Fallang.
Companies: Arla Foods
The biennial Anuga trade fair, taking place in Cologne from 13 to 17 October, is arguably the most important such event in the food industry's calendar, attracting food processors, distributors, retai...
Claims that UK retailers and dairy processors have colluded to raise the price of milk, butter and cheese will have caused a wry smile among the country's food suppliers, who often complain of the und...
Arla Foods has sold its Delimo business to the French group Lactalis....
French dairy group Lactalis has confirmed that it is among the candidates in the running to acquire Unilever's cheese brand Boursin....
Dairy giant Arla Foods has been given the go-ahead for its cheese and butter venture in Russia. The Denmark-based group said today (11 October) that Russian competition authorities had cleared the for...
Two of the UK's leading dairy processors have confirmed that they are in talks to merge. First Milk and Milk Link, both farmer-owned co-operatives, said today (4 October) that they are in "advanced di...
One of the five UK dairy processors embroiled in the dairy price-fixing allegations has insisted it did not benefit from moves by UK retailers to increase farm-gate prices....
The UK's competition watchdog has today (20 September) stood firm in its claims that the country's retail giants and certain dairy processors colluded to raise prices on milk, butter and cheese....
- Unilever 2016 investor day - the top takeaways
- The key questions for digital strategists in 2017
- Wessanen's move for Spain's Biogran - analysis
- Burger King, Jollibee: foodservice focus, Nov 2016
- Have food promotions reached tipping point?
- General Mills jobs to go in business revamp
- Verlinvest, China Resources invest in Oatly
- B&G acquires pasta sauce group Victoria Fine Foods
- Japan's Nagatanien buys Chaucer Food Group
- Tyson sets up US$150m investment fund