USA: Glansaol launches with Laura Geller, Julep and Clark’s Botanicals acquisitions
Glansaol, a newly-formed beauty and personal care company, has announced the acquisition of the cosmetic brands Laura Geller, Julep and Clark’s Botanicals for undisclosed amounts. The acquisition of Laura Geller is said to have already been completed while the other two deals are expected to close shortly. Laura Geller is known as a pioneer of […]
USA: J&J Snack Foods buys Hill & Valley Premium Bakery
US snack producer J&J Snack Foods has announced that it is to acquire Hill & Valley Premium Bakery, a cakes and biscuits manufacturer based in Rock Island, IL. Terms of the deal were not disclosed. Founded in 1987 and with sales of over $45 million annually, Hill & Valley Premium Bakery is a manufacturer of […]
USA: Millennium Products acquires Tula’s CocoKefir
Millennium Products, the parent company of GT’s Kombucha, has acquired functional drinks brand Tula’s CocoKefir for an undisclosed amount, according to a report in BevNet. The transaction is said to have been completed in 2016. The Tula’s CocoKefir line-up includes coconut based kefirs and fermented yogurts and the brands CocoKefir and CocoYo brands. Post acquisition, […]
USA: Post to open facility in Salt Lake City
Post, the US cereal firm, is to expand its presence in western USA with the construction of a new 901,000 sq ft, $50 million facility in Salt Lake City, UT. According to a report in The Enterprise, the new plant at California Avenue and 5600 West will employ nearly 100 people in manufacturing and distribution roles. […]
USA: Natural American Foods acquires Sweet Harvest Foods
US based Natural American Foods, a portfolio company of private equity firm Peak Rock Capital, has acquired Sweet Harvest Foods for an undisclosed amount, according to an article in Food Business News. Sweet Harvest Foods produces and distributes honey under the MEL-O brand as well as peanut butter under the PB Crave brand and syrup, […]
USA: Craft Brew Alliance to acquire minority stake in Wynwood Brewing
US-based Craft Brew Alliance is to purchase 24.5% of Florida’s Wynwood Brewing for an undisclosed amount, with the deal expected to conclude by the first quarter of 2017, according to a report in Brewbound. It is reported that the deal will allow Wynwood Brewing to expand by utilising resources from the larger Craft Brew Alliance, […]
USA: Unilever to acquire Living Proof haircare
FMCG giant Unilever has announced that it has signed an agreement to acquire haircare specialist Living Proof for an undisclosed sum. Describing Living Proof as an “innovative premium hair care business renowned for solving hair problems through the use of breakthrough science”, Unilever said that the firm would be added to its own Prestige portfolio, which […]
USA: AB InBev gets approval to acquire Karbach Brewing
Having received federal approval, global beer giant AB InBev has been given the green light to acquire Texas-based craft brewer Karbach Brewing for an undisclosed amount. The deal, being transacted through the firm’s craft and import division The High End, is expected to close early next year, according to a report in Brewbound. Karbach Brewing […]
USA: Peet’s Coffee and Tea to build roasting facility in Virginia
Peet’s Coffee & Tea, the US firm selling teas, coffees and related accessories, is to build a new roasting facility in the state of Virginia in order to better serve consumers on the east coast, according to an article in the Tea & Coffee Trade Journal. The new 175,000-sq ft roastery in the city of Suffolk […]
USA: Altamont Capital Partners acquires Maxi Canada
Altamont Capital Partners, a US investment fund, has announced the acquisition of meat firm Maxi Canada for an undisclosed amount. Quebec-based Maxi Canada is a manufacturer of frozen poultry, known for its Yummy and Dino Buddies brands which are sold throughout the United States. Following the acquisition, the company’s plant and office will remain in […]