USA: Anheuser-Busch to signs distribution agreement for RTD cocktails Canteen Spirits
Ready-to-drink cocktail company Canteen Spirits has signed a distribution agreement with American leading brewer Anheuser-Busch and investment from the company’s investment and innovation group, ZX Ventures. Founded in 2019, Canteen Spirits is a manufacturer of no sugar, low carbs, and low ABVs drink brands such as Canteen, vodka-based cocktails, and Cantina, a tequila-based drinks. Fabricio […]
USA: Utz Brands to acquire Festida Foods for $41 million
US manufacturer of branded salty snacks, Utz Brands, has entered into an agreement with Great Lakes Festida Holdings to acquire all assets related to the operation of Festida Foods for $41 million. Festida Foods is a manufacturer of tortilla chips, corn chips, and pellet snacks for branded companies in the US, being the manufacturer of […]
USA: Stage acquires Haystack Mountain Creamery
US based specialised growth venture fund Stage has announced the acquisition of Haystack Mountain Creamery, a cheese maker from Longmont, Colorado, USA. According to the venture fund’s press release, Haystack specialises in goat and cow milk cheeses, and the company has won a total of 80 awards including Best American Cheese Award in 2017 and […]
USA: House Foods America to invest in $146.3 million facility
House Foods America, a subsidiary of Japan-based House Foods Group, has announced the investment of $146.3 million in a new tofu facility in Kentucky, USA. The construction of the 350.000 square foot facility is expected to begin next year and be finished by 2025. The new facility will manufacture tofu using US-grown, non-GMO soybeans and […]
USA: Laird Superfood to acquire Picky Bars for $12 million
Laird Superfood, a maker of plant-based packaged beverage products, has entered into an agreement to acquire Picky Bars for $12 million in cash and stock. Founded in 2010 by professional athletes, Picky Bars is a manufacturer of wholesome snacks and breakfast products such as nutrition bars, oatmeal, granola, pancakes, and nut butter. Picky Bars CEO […]
USA: Green Hygienics to acquire Bohemian Beverage
Green Hygienics Holdings Inc, a company that focuses on the high standard cultivation and processing of industrial hemp and manufacturing of pharmaceutical grade-bioactive cannabinoids, has announced the letter of intent (LOI) to acquire the Bohemian Beverage Co. Bohemian Beverage Co. has a portfolio of twenty beverage brands, including CBD-infused teas, kombuchas, beers, ciders, ready-to-drink cocktails, […]
USA: Unilever to acquire Onnit
Unilever, the Anglo-Dutch consumer goods giant, has announced that the company has reached an agreement to acquire Onnit, a holistic wellness and lifestyle firm based in Austin, Texas. According to Unilever’s press release, Onnit’s supplements are the foundation of the brand’s portfolio, and its products are made with high-quality ingredients to provide benefits such as […]
USA: Nestle in discussions to acquire The Bountiful Company
Multinational food and drinks giant, Nestle has announced that it is in discussions to buy all or part of The Bountiful Company. The Bountiful Company is a manufacturer, marketer, and seller of vitamins, minerals, and other specialty supplements and active nutrition products. Majority-owned by private equity firm KKR Co & Inc, The Bountiful Company’s portfolio […]
USA: Tyson Foods to invest $48 million in a facility expansion
Tyson Foods, one of the world’s largest meat firms, announced the investment of $48 million in the expansion of a poultry facility in Arkansas. According to company’s press release, the investment will add extra capacity to the plant’s fully cooked processing lines and will add automated processes to product packing lines. The Pine Bluff facility […]
USA: SunOpta to acquire Dream and WestSoy brands from Hain Celestial
SunOpta has announced the acquisition of plant-based beverages brands Dream and WestSoy from Haim Celestial for $33 million. The acquisition will allow SunOpta, a leading manufacturer of organic, natural, and non-GMO plant-based and fruit-based food and beverage products, to accelerate growth in the dairy alternative sector. “This transaction is very consistent with our previously stated […]