USA: PepsiCo launches LIFEWTR brand
Food and soft drinks giant PepsiCo has announced the launch of a new bottled water brand called LIFEWTR that is slated for release across the USA in February 2017. Reportedly a response to rival Coca-Cola’s Glaceau SmartWater brand, LIFEWTR is described as purified water with balanced pH and added electrolytes. Product packaging – 700ml and […]
USA: Long Island Iced Tea acquires ALO Juice
US based soft drinks firm Long Island Iced Tea has announced that it to purchase the ALO Juice brand from The Wilnah International for 5,000 shares of the company’s common stock. The acquisition, which is expected to close at the beginning of 2017, will allow for Long Island Ice Tea to expand in the southeast of […]
USA: Campbell Soup launches Souplicity
In a further push into the chilled sector, consumer goods firm Campbell Soup has debuted a new soup line called Souplicity via its C-Fresh division. New to the US, the high pressure processed line is claimed to be made with simple, organic ingredients and to be free from GMO and preservatives. The launch is described […]
Canada: Feihe International opens new facility in Ontario
Chinese infant formula manufacturer Feihe International has invested $225 million in a new manufacturing facility in Kingston, Ontario, Canada. Construction is set to commence in April next year and the plant is expected to be around 300,000 sq ft in size. The firm plans on distributing around 20% of the products made there within North […]
USA: Nestle to sell Nutrament brand to Harvest Hill
Harvest Hill , a majority-owned portfolio company of Brynwood Partners, has agreed to acquire the Nutrament brand from Nestle, according to a report in Food Business News. Through the acquisition, the Harvest Hill portfolio is set to expand into the functional drinks space. The firm’s line up already includes fruit drinks under the brands Little Hug, […]
USA: Amazon debuts Amazon Go concept
E-commerce Amazon giant has made its first concrete steps into bricks-and-mortar retailing with the opening of a new store in Seattle, WA, USA under the name Amazon Go. The concept allows customers to pick and choose their groceries from the store but, unlike a typical supermarket, dispenses with the traditional checkout procedure. Instead, the technology […]
USA: Coca-Cola opens bottling plant in Cambodia
Global beverage giant Coca-Cola has inaugurated a new bottling facility as part of its previously announced $100 million investment in Cambodia from 2015 to 2018. The plant was constructed for Cambodia Beverage Company, the bottling unit of The Coca-Cola Company Bottling Investments Group (BIG). Located in the capital Phnom Penh, the new “state of the […]
USA: NightFood acquires Suffield Foods and Hook Marketing
US-based snack company NightFood is reporting that it has reached a definitive acquisition agreement for Hook Marketing and Fiber One branded ice cream producer and distributor Suffield Foods. Hook Marketing was granted a license by General Mills to produce Fiber One probiotic ice cream, launched in April, operating through its subsidiary Suffield Foods. NightFood produces […]
USA: B&G Foods acquires Victoria Fine Foods
US-based consumer goods firm B&G Foods is adding to its portfolio, having agreed to acquire Victoria Fine Foods for $70 million. Post acquisition, B&G projects that the Victoria brand, once integrated, will generate $41 million in sales. Brooklyn, USA based Victoria Foods offers pastas and speciality sauces, condiments and spreads under the Victoria brand. Victoria […]
Canada: Premium Brands announces three acquisitions
Canadian speciality foods firm Premium Brands has announced an expansion in bakery, pasta and deli foods with the acquisition of Island City Baking, Conte Foods and Larosa Fine Foods. Located in Richmond, BC, Canada, Island City Baking is a manufacturer of fresh and frozen artisan bread, including sandwich loaves, rolls, rye and sourdough loaves, ciabatta […]