USA: ConAgra Foods sells JM Swank
ConAgra Foods, the US food manufacturer, has announced the disposal of JM Swank, a national food ingredient sourcing and distribution company, after an agreement was reached with California-based private equity firm Platinum Equity to acquire the business. JM Swank is the latest divestment by ConAgra Foods as it seeks to focus on core brands. Late […]
USA: Loft launches Hemp Infused Herb Tonic
Loft, a US start-up firm, has announced the launch of the first of its “non-psychotropic, phytocannabinoid-rich” Hemp Infused Herb Tonics, according to an article in Beverage World. The result of two years of development, Loft Hemp Infused Herb Tonics are “an herbal tonic with the restorative, mood-enhancing benefits of hemp and other botanicals – artisan […]
Canada: Felicetti launches pasta for babies
Felicetti, the Italian pasta firm, has launched a line of organic pasta for babies in Canada, according to a report in Food In Canada. Launched in a 340g bag under the Felicetti brand, the pasta is said to be small in size and easy-to-swallow, and is specially designed for babies over the age of six […]
USA: Kashi acquires Pure Organic
Kashi, the health foods manufacturer that is part of the Kellogg group, is to acquire start up firm Pure Organic, a manufacturer of bars and other organic snack reports, according to a report in Just Food. Pure Organic produces a range of snack bars including Fruit & Nut Bars, Ancient Grains Bars, Fruit Sandwiches and Fruit […]
USA: Revlon to acquire Elizabeth Arden in $870 million deal
US-based cosmetics firm Revlon has announced that it has signed a definitive agreement to acquire all of the outstanding shares of Elizabeth Arden for $14.00 per share in cash, representing an approximate enterprise value for Elizabeth Arden of $870 million. By bringing together two “highly complementary, iconic brand portfolios”, Revlon said it would benefit from greater scale, […]
USA: Tickle Water launches sparkling waters for children
New York, US based Tickle Water has introduced a new line of bottled water products that is promoted as “the first unsweetened sparkler in the market for kids”. Tickle Water Sparkling Water For Kids is advertised as being naturally flavoured and certified OU kosher, as well as free from “hidden ingredients” including preservatives, sodium, GMOs, […]
USA: Johnson & Johnson to acquire Vogue International
Johnson & Johnson has announced the acquisition of Vogue International, an American manufacturer and distributor of hair care and personal care products, for $3.3 billion in cash. A deal for Vogue was first mooted at the end of May. The acquisition will add brands such as OGX shampoos, conditioners, treatments and styling products, the FX […]
USA: General Mills launches Tiny Toasts cereal brand
Food manufacturer General Mills has rolled out Tiny Toast, a new range of toast-shaped cereals for the US market that comes with fruit sprinkles on top. Tiny Toast, the first new cereal brand launched by General Mills since 2001, comes to the market after one year of development and aims to appeal all the family […]
USA: Coca-Cola releases “patriotic” can design
Soft drinks multinational Coca-Cola has released a limited edition of its can featuring the American flag to commemorate the 75th anniversary of the United Service Organizations (USO), according to reports in Business Insider and CNN. The US-based firm has rolled out the new design in red, blue and white and also featuring the patriotic song lyric […]
USA: Walmart teams up with Uber and Lyft for grocery delivery service
US retail giant Walmart is said to have partnered with Uber Technologies and Lyft to test a new grocery delivery service, potentially in a bid to compete with Amazon, according to US media reports. Sources state that Walmart has also started testing a similar service in Miami for its warehouse chain Sam’s Club, partnering with […]