Canada: Nestle Waters to sell Pure Life bottled water business
Nestle Waters, a subsidiary of multinational giant Nestle, has announced the sale of its Canadian bottled water business Pure Life to Ice River Springs for an undisclosed sum. Ice River Springs is a Canadian family-owned private label bottled water manufacturer and producer of the Ice River Green brand. According to sources, this acquisition “fulfils a […]
USA: Kashi to launch kids’ cereal made with superfood ingredients
Kellogg has announced the launch of Kashi by Kids Super Loops breakfast cereal in the United States. Super Loop cereals are made with superfood ingredients such as lentils, brown rice, berries, and cocoa, containing 140 calories and 4 grams of protein per serving. Available in two flavours, chocolate, and berry, both are certified USDA Organic […]
USA: Faze Clan to acquire majority stake in meal replacement company CTRL
The eSports company Faze Clan has announced the acquisition of a majority stake in meal replacement CRTL, a start-up for an undisclosed sum. According to CTRL, the company produces a line of powdered meal replacements shakes containing proteins, carbohydrates, fibres, healthy fats, vitamins and minerals, and other elements to boost healthy digestion. Skyler Johnson, co-founder […]
USA: Nestle to sell Buitoni brand in North America
Multinational food and drinks giant Nestle, has announced the sale of its pasta brand Buitoni to private equity firm Brynwood Partners for an undisclosed sum. The acquisition includes the rights of the brand to sell in the US, Canada, and Caribbean territories along with a 240,000 square foot processing facility located in Virginia. Henk Hartong […]
US: Turkey Hill to acquire new ice cream facility
Turkey Hill, the US-based food and drink company, has announced the acquisition of an ice cream production facility in Arkansas from Yarnell Ice Cream, a subsidiary of Schulze & Burch Biscuit Company. Owned by an affiliate of Peak Rock Capital, Turkey Hill is a manufacturer of branded ice cream and refrigerated drinks in the United […]
USA: SCB Global Java to acquire White Tale Coffee
SCB Global Java, a holding company specialised on investments in the coffee market, has announced the acquisition of White Tale Coffee, for an undisclosed sum. Based in Denver, Colorado, White Tale Coffee is a premium artisanal coffee brand, that supplies its products through an e-commerce subscription platform. This deal is the third investment by SCB […]
USA: Harmoni to acquire Uncle Matt’s Organic Brand
Dean Foods, the food and beverages company, has announced the sale of Uncle Matt’s Organic Brand to Harmoni. Founded in 1999 by Matt McLean and sold in 2017 to Dean Foods, the juice brand Uncle Matt’s Organic is now being sold to a company created by its founder as well as a team of investors. […]
USA: Coty to sell majority stake of hair care business for $4.3 billion
The global beauty company Coty has announced the sale of the majority stake of its Professional Beauty and Retail Hair Businesses for $4.3 billion to global investment firm KKR. Owner of brands such as Clairol, OPI, ghd, and Wella, Coty is one of the biggest beauty companies making cosmetics, skincare, fragrances, and hair colour products […]
US: Sauer Brands to acquire Chicago Custom Foods
US-based condiments manufacturer Sauer Brands has announced the acquisition of Chicago Custom Foods from private investment firm Highlander Partners for an undisclosed sum. Founded two decades ago, Chicago Custom Foods is a producer of branded seasonings whose portfolio includes Kernel Season and Tasty Shake. Jeff Partridge, Chicago Custom Foods chairman and a Highlander managing director […]
USA: Philadelphia Macaroni to acquire A. Zerega’s Sons
US-based pasta company, Philadelphia Macaron, has announced the acquisition of A. Zerengas’s Sons, for an undisclosed sum. Having opened its first factory in 1848 by Antoine Zerega, A. Zerega’s Sons is a producer of dry pasta for the foodservice channels, industrial ingredient, and retail. With this deal, A. Zerega’s Sons will be wholly owned by […]