The Wine Group, the US-based wine and spirits company, has announced the acquisition of the Phony Negroni non-alcoholic beverage line from St. Agrestis, the Brooklyn-based spirits producer. The deal includes the full Phony Negroni portfolio, comprising the flagship Phony Negroni, Phony Mezcal Negroni, Phony Espresso Negroni, Phony White Negroni, and Amaro Falso. First launched in January 2022, the brand has established itself as a significant name in the ready-to-serve adult …
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Gama spoke to Sabine Loos, Managing Director of Westfalenhallen Unternehmensgruppe, ahead of the latest edition of InterTabac. What are your primary goals and expectations for the 2026 edition of InterTabac? Last year, we were delighted to welcome a record number of more than 800 international exhibitors for the second time in a row. Naturally, we aim to build on those figures in the future. It is these companies that make …
Ferrero North America, the US division of the Italian confectionery giant, has officially started manufacturing its new Nutella Peanut spread at its facility in Franklin Park (IL). The launch represents the first time a Nutella-branded product has been manufactured in the United States. According to the company, the new spread is a blend of hazelnuts and peanuts, utilizing hazelnuts from Oregon and peanuts sourced from Georgia and other south-eastern states. The …
Nestle, the Swiss food and beverage giant, has agreed to sell its majority stake in Blue Bottle Coffee to the private equity firm Centurium Capital. Based in California, Blue Bottle Coffee is a high-end specialty coffee roaster and retailer that Nestle first acquired in 2017. According to Inside Retail Asia, the purchaser, Centurium Capital, is also the controlling shareholder of the Chinese coffee chain Luckin Coffee. The deal is expected …
Mars, the USA-based multinational food and pet care manufacturer, is proposing to close its pet food production facility in Minden, Germany, as part of a strategic review of its operations. The proposal affects approximately 110 employees at the Minden site, which manufactures dry pet food brands including Pedigree, Crave, and Perfect Fit for more than 20 countries. Production is expected to end by late 2026, with volumes transferred to other …
Laird Superfood, the US-based plant-based superfood producer, has completed the acquisition of Terrasoul Superfoods. The transaction was agreed for $48 million in cash, with an additional earnout of up to $5 million payable if certain performance-based milestones are achieved. Terrasoul Superfoods is described as a vertically integrated branded foods platform offering a portfolio of products that includes nuts, seeds, dried fruits, powders, baking ingredients and functional beverage mix-ins. For the …
Hero, the Swiss food manufacturer, has acquired The Gut Stuff, a London-based business specialising in gut health snacks and soft drinks. The Gut Stuff was launched in 2017 by Lisa and Alana Macfarlane to provide accessible information on the gut microbiome. The company’s portfolio includes a range of high-fibre fruit and nut bars, as well as drinks and digital resources such as an app and educational content. Hero Group, which …
Ferrara, the US sugar confectioner, has announced plans to establish a $675 million manufacturing and corporate facility in Orangeburg County, South Carolina. The investment is projected to create 1,000 jobs over the next ten years, according to the company. The new 750,000 sq ft site will include an administrative office, a warehouse for raw and packaging materials and processing and packaging operations. The first production lines are scheduled to become operational …
Global Brands, the Chesterfield-based drinks producer, has announced the acquisition of Skinny Brands, a UK specialist in low-calorie and gluten-free alcoholic beverages. The transaction, completed for an undisclosed sum, sees the Skinny Lager, Skinny IPA, and Skinny Fruit Cider brands integrated into the Global Brands portfolio with immediate effect. Global Brands, whose existing line-up includes VK, Franklin & Sons, and Hooch, stated the move follows its 2023 acquisition of brands …
Danone, the French food and beverage multinational, is investing €20 million ($23 million) to expand its skyr production capacity across two manufacturing sites in Normandy, France. The investment will be divided between the company’s facilities in Ferrieres-en-Bray and Le Molay-Littry. At Ferrieres-en-Bray, which is considered the birthplace of Danone skyr in the country, the firm plans to install two new production lines with the aim of increasing capacity by more …
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