USA: LT Foods to acquire Golden Star Trading
Global food company LT Foods through its subsidiary LT Foods Americas has acquired a 51% controlling stake in Golden Star Trading Inc. along with its brand Golden Star. Golden Star Trading is an American company that markets jasmine rice products under the Golden Star brand being all GMO free, gluten free, and natural and/or organic. […]
USA: PepsiCo to invest $260 million to expand facility in Georgia
PepsiCo, the global snacks and drinks giant, has announced the investment of $260 million in its manufacturing facility in the city of Tucker, Georgia. The expansion will create about 136 new full time jobs, bringing up PepsiCo’s total workforce in DeKalb county to over 600. The facility will be expanded by more than 260,000 sq […]
USA: Kroger partners with Impossible Foods to develop plant-based products
Kroger, the leading US grocery retailer, has announced a partnership with plant-based food developer Impossible Foods to expand Kroger’s meat-free offering under the private label Home Chef brand, according to a Food Business News report. The Home Chef brand, which Kroger acquired in 2018, is said to encompass more than 500 products including ready meals, […]
USA: Fermented Food Holdings acquires fermented food brands Wildbrine and Bubbles
Fermented Food Holdings, a recently-established specialist food company that aspires to become a category leader, has announced it has acquired the Californian food brands Wildbrine and Bubbies. Both companies produce fermented produce ranging from pickles and sauerkraut to kimchi and salsa, Fermented Food Holdings said. Wildbrine has also recently released a new WildCreamery brand with […]
USA: Diageo opens new FAB canning facility in Illinois
The North American subsidiary of alcoholic drinks multinational Diageo has invested $110 million in a new 25,000 sq ft facility for canned flavoured alcoholic beverages (FABs) in Plainfield, Il, USA to supplement existing ready-to-drink production in the area. According to Diageo, the new facility has two high-speed lines with capacity to produce more than 25 […]
USA: Rowdy Energy launches ‘calorie-burning’ energy drink
Rowdy Energy, a US-based manufacturer of energy drinks, has announced the launch of Power Burn, a new product that is claimed to burn up 135 calories per can, in addition to having energising benefits. Launched in Pink Lemonade, Pineapple Passionfruit, Mango Dragonfruit, and Watermelon varieties, Power Burn energy drink is described as containing only 5 […]
USA: Breakthru Beverage Group to acquire JJ Taylor’s Minnesota business
US-based alcoholic drinks firm Breakthru Beverage Group has announced it has signed an agreement with beer distributor JJ Taylor to acquire and integrate the latter’s business in Minnesota. The move will strengthen the company’s position as it continues to expand its range of services and products, Breakthru Beverage Group said. The acquisition is expected to […]
USA: Riviana Foods to acquire InHarvest for $48.75 million
Leading Spanish company Ebro Foods through its American subsidiary Riviana Foods has reached an agreement to purchase the assets of InHasvest for $48.75 million. InHarvest is a premier provider of rice, rice blends, exotic grains, & legumes with a strong presence in the industrial (B2B), Food Service, and Private Label businesses. The deal includes two […]
USA: Kraft Heinz announces partnership with TheNotCompany
Multinational FMCG firm, The Kraft Heinz Company, has announced a joint venture with food tech start-up TheNotCompany in order to accelerate plant-based innovation globally. According to Kraft Heinz, the partnership’s goal is to reimagine food production and move toward a more sustainable future. By forming the partnership, the companies will be able to join forces […]
USA: Coca-Cola launches space-inspired drink
Multinational drinks company, The Coca-Cola Company, has announced the launch of a space-inspired drink, under the Coca-Cola Starlight brand name. According to the company, the limited-edition series, part of its global innovation platform Coca-Cola Creations, was inspired by ‘the infinite possibilities of space’, and it fuses the signature Coca-Cola flavour with ‘unexpected touches, including a […]