USA: Brynwood Partners to acquire Sunny Delight
Private equity firm Brynwood Partners has announced that it has agreed the acquisition of Sunny Delight Beverages from JW Childs. Based in Cincinnati, OH, USA, Sunny Delight Beverages was formed by JW Childs in 2004 in order to acquire the Sunny Delight brand from Procter & Gamble. Sunny Delight became an independent national beverage company […]
USA: Brown-Forman sells Southern Comfort and Tuaca brands
Brown-Forman, the owner of the Jack Daniel’s brand and one of the top 10 largest spirits companies in the world, has announced that it has reached an agreement to sell its Southern Comfort and Tuaca liqueur trademarks to Sazerac, a spirits firm with its origins in New Orleans, LA, for $543.5 million. In a statement, the […]
USA: Diamond Foods acquires minority interest in Metcalfe’s Skinny
Diamond Foods, the US nut and snacks company, has announced the purchase of a 26% stake in UK-based popcorn manufacturer Metcalfe’s Skinny, financing the acquisition through cash on-hand. Metcalfe’s Skinny, whose current management board will continue to operate independently of Diamond Foods, is known for its ready-to-eat popcorn portfolio and other ‘better-for-you snacks’, primarily in […]
USA: Orchard House Foods acquired by Hain Celestial
American organic goods manufacturer Hain Celestial has announced that it has acquired UK-based fruit products maker Orchard House Foods. Orchard House Foods is a leader in prepared fruit, juices, fruit desserts and ingredients with facilities in Corby and Gateshead in the UK. Founded in 1985, the firm supplies retailers, on-the-go food outlets, food service providers […]
USA: General Mills buys Epic Provisions
General Mills has announced that it has bought the meat snack company Epic Provisions for an undisclosed sum. Epic Provisions is an animal protein snacks company co-founded in 2013 by Taylor Collins and Katie Forrest, who will remain in the company after the acquisition. The company’s original Epic meat, fruit, and nut bars, available in […]
USA: AB-InBev acquires Breckenridge Brewery
AB-InBev, the world’s leading brewer, has signed a deal for the acquisition of Breckenridge Brewery, according to a report in Fortune. The acquisition is AB-InBev’s latest investment in the craft beer segment in a matter of days, with the company having secured the purchase of UK-based Camdem Town Brewery and Arizona’s Four Peaks Brewing within […]
USA: Mondelez to launch Enjoy Life protein snacks
Mondelez is set to launch new on-the-go protein snacks under its Enjoy Life name in a bid to increase brand recognition, according to a report in Bakery & Snacks. Claimed to be free from GMOs and allergens and rich in antioxidants, the new snacks have been developed to target consumers who snack at three specific […]
USA: Hostess Brands in bid for Give and Go – reports
Hostess Brands, the company behind the Twinkies brand, is negotiating the acquisition of Canadian manufacturer Give and Go, according to a report in Fortune quoting “people familiar with the matter”. Give and Go, which possesses brands such as Two-Bite miniature baked treats and Kimberly’s Bakeshoppe cupcakes and also manufactures private label products, was acquired by […]
US: PepsiCo and Muller end yoghurt joint venture
PepsiCo, the leading food and drinks firm, has announced that it is leaving the US yoghurt category by ending a joint venture it had established through its Quaker brand. In a statement, PepsiCo said that it would be abandoning the joint venture established with the Theo Muller Group, which led to the creation of a […]
US: Walmart launches Walmart Pay
Walmart, the USA’s leading grocery retailer, has unveiled its own mobile payment called Walmart Pay in a bid to compete with tech players such as Apple and Google. Walmart Pay is a payment system adapted to Walmart’s iOS and Android mobile apps and is promoted as “a fast, easy and secure way for customers to […]