USA: Hershey to acquire two pretzel companies for $1.2 billion
The Hershey Company has announced the acquisition of two pretzel companies, Dot’s Pretzels LLC and Pretzels Inc for approximately $1.2 billion. Founded by Dot Henke in her home kitchen, Dot’s Pretzels started as a family business creating high-quality homemade pretzels. Pretzels Inc is a co-manufacturer of pretzels for Dot’s Pretzels and other brands, being a […]
Canada: Nature’s Path to buy Anita’s Organic Mill
Nature’s Path, an organic breakfast and snack food company, has acquired a majority stake in Anita’s Organic Mill, a producer of organic flours and baking products. Founded in 1997, Anita’s Organic Mill is said to be one of the most respected millers and manufacturers of organic whole grain flours in Canada, sourcing organic grains from […]
USA: Bobo’s to invest $10 million in new facility
US snack maker Bobo’s has announced it is investing $10 million in a new facility in Colorado. The investment will help Bobo’s to consolidate its two bakeries and warehouse into one building to increase capacity in order to meet growing demand. Along with upgraded manufacturing space, Bobo’s will also expand its staff headcount. By consolidating the facilities, the […]
USA: Utz Brands to acquire RW Garcia
Utz Brands, the US savoury snack company, has announced the acquisition of crisp maker RW Garcia for $56 million. Founded in 1982, RW Garcia is a family-owned manufacturer of organic gluten-free tortilla chips, crackers and corn chips. The firm has manufacturing facilities located in Nevada and North Carolina. “We expect this strategic acquisition will enable […]
USA: Phillips Distilling to acquire two brands from Beam Suntory
Phillips Distilling, a US spirits brands, has announced the acquisition of the Leroux and Kamora brands from Beam Suntory for an undisclosed sum. The Kamora brand is a coffee liqueur in the US and Canada made with savoury coffee beans infused with vanilla, chocolate and caramel notes. The Leroux brand range comprises 19 varieties of liqueur […]
USA: Coca-Cola to acquire remaining stake in BodyArmor
Coca-Cola, the multinational drinks company, has announced the acquisition of the remaining stake in BodyArmor, a US sports drink, for $5.6 billion. In 2018, Coca-Cola acquired 15% stake in BodyArmor with a path to full ownership. The company will operate as a separate business and maintain its base in New York. “BodyArmor has been a […]
USA: Grupo Bimbo to buy Popcornopolis
Multinational Mexican bakery firm Grupo Bimbo has acquired Popcornopolis from private equity firm NexPhase Capital through its Barcel USA subsidiary for an undisclosed sum. Founded in 2003, Popcornopolis is a California-based manufacturer of ready-to-eat gourmet popcorn snacks, best known for its cone-shaped packaging and indulgent flavours such Zebra, Unicorn, and Doble Drizzle. “We have only […]
Canada: George Weston to sell Weston Foods fresh and frozen business
George Weston has announced it has entered into an agreement to sell its Weston Foods fresh and frozen business to affiliated entities of FGF Brands, a technology-oriented bakery company, for an aggregate cash consideration of C$1.2 billion ($970.6 million). The Weston Foods fresh and frozen bakery businesses serve retail and foodservice customers with packaged fresh […]
USA: Swift Prepared Foods to buy Sunnyvalley Smoked Meats
Swift Prepared Foods, a subsidiary of global meat firm JBS, has reached an agreement to acquire Sunnyvalley Smoked Meats for $90 million. Founded in 1990, Sunnyvalley Smoked Meats is a producer of smoked bacon, ham, and turkey products with gross revenues of $150 million annually. The company’s operates a production facility employing over 300 people. Swift […]
USA: Tyson to invest $61 million in Vicksburg facility
Tyson Foods, one of the world’s largest meat firms, has announced an investment of $61 million in its poultry facility in Vicksburg, MS, according to a FoodBev report. The expansion, which is expected to be completed by next summer, will allow Tyson to increase poultry production capacity and create nearly 50 new jobs. The facility […]