USA: Royal Cup acquires Richgood Gourmet
Royal Cup, an importer and roaster of specialty coffees and teas, has announced the acquisition of Richgood Gourmet, a manufacturer of cold-brew coffee and owner of the Icebox Coffee brand. The founder of Icebox Coffee, Bebe Goodrich, will remain in the company as director of liquid product innovation, leading new product development. Royal Cup’s CEO Bill […]
USA: Gallo Winery acquires Germain-Robin
Gallo Winery, a wine, spirits and FAB producer, has announced the acquisition of Germain-Robin, a luxury brandy from California, USA. The deal includes the Germain-Robin brand, inventory of aged and aging brandies and all finished products. Founded by Ansley Coale and Hubert Germain-Robin, Germain-Robin is claimed to have innovated by blending cognac traditions and techniques with California […]
Canada: Otsuka to acquire Daiya Foods
Japanese pharmaceutical company Otsuka Pharmaceutical has announced the acquisition of plant-based food company Daiya Foods for C$405 million ($325 million). Daiya offers “high-quality, unique plant-based nutrition products” that are described as free from seven mayor food allergens, including soy, gluten and dairy. The acquisition, according to an Otsuka spokesman, expands Otsuka’s product portfolio, while helping […]
Canada: Olymel invests $6.46 million in facility expansion
Canadian meat processor Olymel has announced plans to invest C$8.1 million ($6.46 million) to expand its La Fernandiere plant in Trois-Rivieres. According to sources, the plant’s surface area will be doubled from 24,000 sq ft to more than 45,000 sq ft, increasing capacity for production operations and warehousing as well as the installation of an […]
USA: AB InBev buys Hiball Energy
Global beverage giant AB InBev has announced the acquisition of leading organic drink maker Hiball Energy, which produces energy drinks under the Hiball Energy brand and sparkling juices and sparkling waters under the Alta Palla brand. The acquisition, which will expand AB InBev’s presence in the non-alcoholic drinks sector, is aimed at supporting Hiball Energy and its brands […]
USA: Agave Loco launches FrappaChata alcoholic iced coffee
Alcohol beverage maker Agave Loco has announced a new line of ready-to-drink alcoholic iced coffee under the FrappaChata brand name n the USA. The arabica and robusta based coffee drinks, blended with RumChata cream liqueur, offer “a rich, dark roast coffee flavour highlighted by the sweet smooth taste of RumChata”, and are claimed to be […]
USA: Schwan’s Company to acquire Better Baked Foods and Drayton Foods
Schwan’s Company, the US frozen food firm, is stepping up its presence in the pizza space with the acquisition of Better Baked Foods and Drayton Foods, both subsidiaries of NE Foods. The move comes less than two months after the firm reached a deal to acquire pizza firm MaMa Rosa’s. Better Baked Foods makes pizza, French bread […]
USA: McCormick acquires Reckitt Benckiser’s food division for $4.2 billion
McCormick, a US manufacturer of spices, herbs, and flavourings for retail, commercial, and industrial markets has signed an agreement to buy the food division of Reckitt Benckiser (RB), the British multinational consumer goods company, for $4.2 billion. “RB Foods’ focus on creating products with simple, high-quality ingredients makes it a perfect match for McCormick as […]
USA: HP Hood acquires former Muller Quaker Dairy plant for $54 million
US-based dairy manufacturer HP Hood has acquired a 360,000 sq ft dairy facility in Batavia from Dairy Farmers of America, the latter having purchased the plant for $60 million from Muller Quaker Dairy when the venture closed in 2015. It is claimed that the total investment will be more than $200 million, including a purchase price of […]
USA: Guenther & Son acquires Les Plats Du Chef
UScereal firm Guenther & Son has acquired frozen meal and snack company Les Plats Du Chef . Financial terms of the transaction were not disclosed. Based in Montreal, Les Plats Du Chef operates two facilities in Montreal and Toronto. It produces soups, dips, empanadas, oatmeal and other foods under the Cuisine Adventures brand name. It also […]