USA New Age Beverages acquires Coco-Libre
New Age Beverages, a Colorado-based company manufacturing functional drinks under brands including Aspen Pure, Marley and Bucha, has announced the acquisition of Maverick Brands and its flagship coconut water beverages line Coco-Libre. Promoted as “organic coconut water with a purpose”, Coco-Libre is available in plain and pineapple-flavoured varieties. The lineup also includes protein drinks and […]
USA: General Mills to invest in Purely Elizabeth
301 INC, the business development and venturing unit of US food firm General Mills, has invested $3 million in Purely Elizabeth, a maker of organic granola, ready-to-eat cereal and oatmeal, according to a report in Food Business News. Founded in 2009, Purely Elizabeth has a portfolio of “innovative and nutrient-rich ingredients” including granola bars, ancient […]
USA: Nutribolt acquires nutritional supplement maker Scivation
Nutribolt, a Texas-based maker of sports nutrition products and functional foods, has acquired Scivation, a manufacture and supplies nutritional supplements, where the terms of the agreement were not disclosed. “We are excited to be teaming up with Scivation to bring to market the most comprehensive, innovative and proven line of pre-workout and BCAA products,” commented Nutrabolt […]
USA: Danone to sell Stonyfield as part of White Wave deal
France-based dairy and drinks multinational Danone will sell off its organic yoghurt business Stonyfield to facilitate the $10.4 billion acquisition of organic food producer WhiteWave Foods, according to a report in FoodBev The move to sell Stonyfield came after US anti-trust authorities are believed to have raised concerns about Danone’s future share of the organic […]
USA: Shamrock Farms to expand facility in Virginia
Shamrock Farms, one of the largest family owned-and-operated dairies in the US, has announced the expansion of its production facility in Augusta County, Virginia. The expansion comes two years after the facility was first opened and will see production capacity more than double, the company said. Once the facility is finally completed by late 2018, […]
USA: Land O’Lakes acquires dairy producer Vermont Creamery
Land O’Lakes, a Minnesota-based farmer-owned food and agricultural cooperative, has announced the acquisition of Vermont Creamery, a producer of dairy products. Financial terms of the transaction were not disclosed. “As we experience unprecedented growth, we need a partner who can bring the resources and expertise necessary to help us realize our vision and the potential […]
USA: Pictsweet to buy Fresh Frozen Foods from Inventure Foods
US-based food company Inventure Foods has announced the strategic sale of Fresh Frozen Foods to Pictsweet , a family-owned grower and processor of frozen vegetables, for a cash transition of about $23.7 million. According to a company statement, the sale of Fresh Frozen Foods is part of Inventure Foods’ strategy to reduce debt and improve […]
USA: Haribo to build factory in Wisconsin
Haribo, the world’s leading manufacturer of licorice and gummy sweets, has announced that it is to build a new factory in Kenosha County, Wisconsin, the company’s first in the USA. Located in the south-east of the state, the $242 million, 500,000 sq ft plant is scheduled to be operational by 2020 and to employ around […]
USA: Conagra Brands acquires Thanasi Foods
North American packaged foods company Conagra Brandas has agreed to buy Thanasi Foods, a US snacks producer. Protein-based snacking company Thanasi Foods is the manufacturer of snack brands including like Duke’s for meat snacks and Bigs for seed snacks. The Duke’s brand includes Duke’s Smoked Shorty and Duke’s Steak Strips, both “made in small batches […]
USA: General Mills to invest in D’s Naturals
301 INC, the business development and venturing unit of US food firm General Mills, has invested a non-disclosed amount in D’s Naturals, a low-sugar, plant based products company founded in 2015. D’s Natural is a firm that markets products that are soy, sugar and dairy free and contain bioengineered ingredients. Its portfolio includes No Cow […]