USA: Shiseido to acquire custom foundation firm MatchCo
Shiseido, the Japanese cosmetics giant, has announced the acquisition of MatchCo, a US-based firm that creates custom foundation shades based on the customer’s individual skin tone, through its regional headquarters and consolidated subsidiary Shiseido Americas. The firm said that the synergy of MatchCo’s innovative digital tools and its own R&D capabilities would help to enhance a […]
USA: Hochland acquires Franklin Foods
German cheese maker Hochland has bought 100% of the shares in Franklin Foods and its sister companies, according to a press release. Franklin Foods, a US cream cheese producer described as one of the fastest growing cheese companies in the country, said it would maintain its operational independency as a subsidiary of Hochland SE. Franklin […]
USA: Kellogg’s Eighteen94 Capital invests in Kuli Kuli
Eighteen94 Capital, the venture capital fund established last year by cereal and snack firm Kellogg, has unveiled its first major investment with the acquisition of a stake in US-based moringa firm Kuli Kuli for $4.25 million. Based in Oakland, CA Kuli Kuli produces moringa-based food and drinks that are promoted as “a good source of […]
USA: Kraft Heinz launches frozen Velveeta products
The US processed cheese brand Velveeta will be entering the frozen food market with the launch of two new products, FMCG giant Kraft Heinz has announced. The two new snack-style products are Velveeta Stuffed Grilled Cheese and Velveeta Cheesy Bites and are designed to give consumers a convenient frozen option that is microwavable in one […]
USA: Beach Whiskey acquires American Harvest Vodka
US spirit maker Beach Whiskey has bought American Harvest organic vodka from import firm Sidney Frank, according to a report in FoodBev. Financial details were not disclosed. American Harvest vodka is described as being handcrafted in small batches from American wheat and distilled with certified organic ingredients. It is further described as a smooth spirit […]
USA: Kellogg launches Pringles Loud
Kellogg, the US cereal and snacks firm, has announced the launch of Pringles Loud, a “new, bold line-up” of crisps “layered with flavor to shake up your snack routine”. According to a company press release, the “crunchy corn- and grain & veggie-based crisps” come in black packaging and in the varieties Fiery Chili Lime (“spicy […]
USA: Coty acquires majority stake in Younique
Coty, the global beauty and personal care firm, has announced that it has entered into a partnership with Younique, a social selling platform for beauty products, that will see it take a 60% stake in the firm. Founded in 2012 in the USA, Younique is described as offering a range of makeup and skin care products […]
Canada: L’Oreal to acquire Valeant brands
Valeant, a Canada-based multinational pharmaceutical company, is to sell the CeraVe, AcneFree and Ambi skincare brands to L’Oréal for $1.3 billion in cash. The CeraVe brand lineup includes cleansers and moisturisers for hand, face and body, as well as baby toiletries, and is based on ceramides, cholesterol and fatty esters delivered through a controlled-release system. The AcneFree […]
USA: Emmi strengthens presence in goat’s milk
It has been announced that California-based fresh goat milk firm Jackson-Mitchell is to be acquired by Swiss dairy company Emmi, in a move that will further the latter’s interest in what describes as “an attractive market”. Jackson-Mitchell produces Meyenberg branded products, including what is claimed to be the only nationally distributed fluid goat milk in […]
USA: Nestle and Hostess Brands to team up for ice cream launches
Leading food firms Nestle and Hostess Brands are teaming up for the launch of new ice cream products based on well-known Hostess brand names, according to a report in CSP Daily News. The new product line is said to include a range of 1 pint take-home ice cream tubs, set to hit retailers between February […]