USA: Kathie’s Kitchen launches organic SuperSeedz pumpkin seeds range
US based snack company Kathie’s Kitchen has recently increased its range of SuperSeedz Pumpkin Seeds by introducing a new line of products that are organically certified. The organic line is the “latest innovation” for the company created by Kathie Pelliccio, and is marketed as “pure snacking deliciousness”. The organically certified, “non-GMO project verified”, vegan and […]
USA: JBS to acquire Plumrose
JBS USA, a subsidiary of the Brazilian meat-packer and food processor JBS, has agreed to acquired Plumrose USA, a US based ham and deli meat business, for $230 million from Danish Crown, a leading pork exporter and processor. The agreement includes five prepared food plants located in Indiana, Iowa (2), Mississippi and Vermont, and two […]
Canada: Lait Kaiser & Cult Yogourt to acquire Chagnon Dairy
Canadian dairy manufacturers Lait Kaiser and Cult Yogourt have agreed to acquire Chagnon Dairy, an independent creamery and milk brand in Quebec, Canada. Chagnon produces over 4 million litres of fluid milk, butter, ice cream and other dairy products. The acquisition of a 30,000 sq ft food creamery will help Lait Kaiser and Cul Yogourt […]
USA: Nestle, Danone and Origin Materials team up
Worldwide water bottling company Nestle Waters has teamed up with dairy and drinks multinational Danone and California-based startup Origin Materials to form the Natur’ALL Bottle Alliance to develop a PET bottle made from bio-based, 100% sustainable and renewable resources. According to Nestle Waters: “the project uses biomass feedstocks, such as previously used cardboard and sawdust, […]
USA: PepsiCo introduces “next generation” soft drinks
Food and drink giant PepsiCo is introducing two new “healthier” alternatives to soft drinks called IZZE Fusions and Lemon Lemon, reportedly to target generation Z. IZZE Fusions and Lemon Lemon aim to appeal to younger consumers by containing fewer calories, less sugar, and no artificial sweeteners or flavours. “The consumer is getting more sophisticate”, said […]
Canada: Maple Leaf Foods to acquire Lightlife Foods
Canadian consumer packaged meats company Maple Leaf Foods has announced the acquisition of Lightlife Foods, a US company producing of vegetarian and vegan meat substitutes, for $140 million and related costs. Lightlife manufactures over 30 products in its facility in Massachusetts including plant-based tempeh, hot dogs, breakfast food and burgers. In 2016, the company reported sales […]
USA: Bonduelle to acquire Ready Pac Foods
Bonduelle, the leading global vegetable firm, has announced that it has executed an agreement to acquire Ready Pac Foods, the US market leader in single serve salad bowls. Based in California, Ready Pac Foods markets the Bistro Bowl line of ready-to-eat salad bowls as well as the Elevate line of “nutritent dense” superfood salads and […]
USA: Palermo Villa to acquire Connie’s Naturals
Pizza manufacturer Palermo Villa has acquired Connie’s Naturals, a US frozen pizza company, according to an article in Food Business News. The agreement does not include the Connie’s chain restaurants which is located throughout the state of Illinois. As a result of the acquisition, Connie’s frozen pizza will become part of the Palermo portfolio of […]
USA: Kraft Heinz proposes deal to merge with Unilever
Kraft Heinz, one of the world’s largest food and beverage firms, has offered $143 billion deal to merge with Anglo-Dutch FMCG multinational Unilever. Unilever has reportedly rejected the deal, saying that the offer of $50 per share undervalued the company. A Kraft Heinz spokesman is meanwhile reported as saying: “We look forwards to working to reach agreement on […]
USA: PepsiCo reports results in 2016
PepsiCo, the global snacks and soft drinks giant, has announced its results for the fourth quarter and full-year 2016, with an increase in annual revenue rose of 5% to $19.52 billion. By region, in North America the Frito-Lay group rose 3% while the beverage unit saw organic growth of 2%. In Latin America, organic growth in […]