Both companies plan to create a range of oat-based drinks concentrates and other "functional oat products" for German retail German cereal manufacturer H&J Brüggen and dairy producer Frischli plan to set up a joint venture focused on oat-based food and drink products both companies look to produce a range of oat-based drinks concentrates and other "functional oat products" The plan has been submitted to the national federal cartel agency Upon receiving approval from the competition authority both groups expect joint operations to begin under the new business in early 2025 Brüggen and Frischli confirmed they would still run their own companies independently following the establishment of the joint venture Both groups said the proposed business would combine each other’s knowledge in processing milk and oats products and help them respond to the growing demand for plant-based milks in Germany one of the three general managers of the family-run Brüggen said: “The establishment of this joint venture marks a significant step in our corporate strategy which focuses on sustainable growth and innovation.” added: “By combining our respective strengths and experience we are ideally positioned to set new standards in the oat drink sector “This joint venture will enable us to strengthen our market position and offer our customers even greater added value.” Brüggen processes a range of private-label breakfast cereals oat flakes and snack bars to retailers and manufacturers worldwide The group manages two factories at its headquarters site in Lübeck It also owns three other manufacturing sites in Chile Frischli processes shelf-stable private-label dairy products As well as its main plant in Rehburg-Loccum the group also owns three dairy factories in Weißenfel in Saxony-Anahalt Eggenfelden in Bavaria and Schöppingen in North Rhine-Westphalia Merging industry-leading business intelligence & award-winning journalism this is an unrivalled opportunity for engagement with B2B professionals across a network of 40+ leading media websites Steer your business strategy with key data and insights from our latest market research reports and company profiles Start small by downloading a sample report first Give your business an edge with our leading industry insights View all newsletters from across the GlobalData Media network View all newsletters from across the GlobalData Media network concentrates and other “functional oat products” Don’t let policy changes catch you off guard Stay proactive with real-time data and expert analysis Nominations are now open for the prestigious Just Drinks Excellence Awards - one of the industry's most recognised programmes celebrating innovation This is your chance to showcase your achievements Don't miss the opportunity to be honoured among the best - submit your nomination today View all newsletters from across the GlobalData Media network Trump Shuts Down China Shipping Loophole, Sending Prices Soaring… Automotive systems manufacturer Henniges Automotive Inc. has broken ground on its new manufacturing facility in Gomez Palacio According to the company, which produces highly engineered sealing and anti-vibration systems for the global automotive market, the plant will support six vehicle platforms and will be the company’s largest facility in Mexico and its second largest worldwide The new facility is expected to be operational by 2016 and “is strategically positioned to expand the company’s global footprint, helping satisfy the needs of both domestic and international customers, and draws from a long history of working in the region,” said Larry Rollins Henniges’ vice president of global manufacturing at the Auburn Hills “It is of utmost importance for us at Henniges Automotive to serve our customers effectively This new facility gives us an opportunity to exceed key customer demand locally while adding to our presence worldwide,” he said “Based on an uptick in regional business for our leading dynamic sealing solutions, paired with the growth of the automotive market in Mexico and the rest of Latin America we’re confident this facility will serve us and our customers well,” added Rollins The 323,000 square foot operating space is Henniges’ fourth in Mexico adding to its facility in Torreon that opened in 2012 The Gomez Palacio facility will produce a variety of automotive sealing systems including dynamic beltline and glass run seals – as well as anti-vibration systems exhaust-hanger systems and center bearings that are fitted to an automobile’s drive and power train the company will open both a new engineering and sales office in Munich and a 14,000 square-foot technical and tooling center in Beijing Download the FREE Global Trade Magazine APP!