Canada: Above Food to acquire plant-based brands Only Oats and Culcherd
Canadian plant-based company Above Food has announced the acquisition of two plant-based brands Only Oats and Culcherd. Only Oats is a premium certified gluten-free whole oat company sourcing, developing, manufacturing, and marketing oat-based ingredients and oat-based consumer products, while Clucherd is a 100% certified organic, vegan dairy alternative company. The acquisition, according to the company’s […]
USA: Beam Suntory and the Boston Beer Company form partnership
Japanese-American world leader in premium spirits firm Beam Suntory has announced that it has formed a long-term strategic partnership with The Boston Beer Company. According to Beam Suntory’s statement, the goal of the partnership is to expand iconic brands across fastest growing alcoholic beverages segments. The companies plan to initially launch Sauza tequila in the […]
USA: Altria to sell Ste Michelle to Sycamore Partners
Multinational tobacco firm Altria Group Inc has announced that its subsidiary, UST LLC, has entered an agreement to sell the Ste Michelle Wine Estates business to Sycamore Partners Management, LP., a private equity firm specializing in consumer, retail, and distribution investments. According to sources, the sale will enable Altria to focus on their vision of […]
USA: Mutandis to acquire tuna brand Season
Mutandis, a Morocco based “brand accelerator” for the consumer goods industry, is set to acquire Season, described as the US brand leader in premium canned sardines, from current owner RAB Food. Founded in 1921, Season brand tuna is sourced from a range of producers, but especially from firms based in Morocco. As well as sardines, […]
USA : Once Upon a Farm to acquire Raised Real
Once Upon a Farm, a US children’s nutrition business, has announced the acquisition of Raised Real, an organic, plant-rich baby food meal delivery company for an undisclosed sum. The deal will expand Once Upon a Farm’s growing organic, refrigerated pouch portfolio to include frozen meal options and will also reintroduce the line of organic meals […]
USA: Danone to sell Vega brand
Danone, the food and beverage multinational, has announced the sale of its plant-based nutritional products brand Vega to WM Partners, a private equity firm. Vega’s products are available throughout Canada and USA and its portfolio includes plant-based sport and nutrition items such as protein powders, bars, supplements, and snacks. According to Danone, the deal is […]
USA: Brand Holdings to acquire Healthy Skoop
US firm Brand Holdings LLC, has announced that it has acquired a plant-based protein powder brand, Healthy Skoop, from Seurat Investment Group. Based in Colorado, Healthy Skoop’s mission is to make plant-based products that are simple and tasty so that it’s easier for people to live a healthy lifestyle every day. Jeffrey R. Hennion, chairman […]
USA: Wholestone Farms to build new pork plant
US pork firm Wholestone Farms has announced plans to build a new hog slaughtering and processing facility in Sioux Falls, SD at a cost of around $500 million. The project includes setting up a $45 million wastewater treatment system, including covered lagoons, designed to capture biogas and reduce overall carbon emissions, while managing air quality […]
USA: GenTech Holdings to acquire NxtBar
GenTech Holdings, emerging leader in the high-end premium coffee and functional foods has announced the acquisition of protein bar brand NxtBar. According to sources, the company has signed a letter of intent to purchase NxtBar. NxtBar produces a range of protein bars that are claimed to be keto-friendly, low in carbohydrates, low in sugar, paleo […]
USA: E&J Gallo to invest $423 million in new plant
US wine firm E&J Gallo has announced plans to build a new $423 million production facility and distribution centre site in Chester County, SC, to support future business growth. The new plant will provide bottling and canning capacity, as well as warehousing and distribution, for the company’s portfolio of wine and spirit brands. Construction is […]