USA: PepsiCo announces plant expansion
FMCG giant PepsiCo has announced the acquisition of 152 acres of land in the Denver Development Area that will be used for a new 1.2 million sq ft manufacturing facility. According to sources, the new plant will be PepsiCo Beverages North America’s largest and most sustainable. The new facility will replace a manufacturing plant in the […]
USA: J.M. Smucker sells Red River Cereal to Arva Flour Mills
US-based food and beverage company JM Smucker has announced it has sold its breakfast cereal line Red River Cereal to Ontario-based firm Arva Flour Mills for an undisclosed sum. According to sources, JM Smucker had revealed in 2020 that the company was going to sell businesses that were not aligned with their “long-term strategy focus”. […]
Canada: Royal Unibrew to acquire Amsterdam Brewery
Denmark-based brewing and beverage firm Royal Unibrew has announced that it came into an agreement to acquire the entirety of the Toronto-based company Amsterdam Brewery Co. Ltd., a Canadian craft brewing company with a normalised revenue of around CAD$34 million ($26.4 million). According to sources, the acquisition of the company will bring Royal Unibrew more […]
USA: Tyson Foods invests in Mississippi plant
US multinational food firm Tyson Foods has announced that the expansion of its Forest, Mississippi plant is now complete. According to sources, the facility’s expansion covers the chicken-related production capacity due to the increase in demand for protein. The expansion provides new automation technology and capacity designed for higher efficiency processing of chickens for both […]
USA: Ferrero to build new innovation centre in Chicago
Confectionery firm Ferrero North America has announced plans to open a 45,000 sq ft Innovation Centre with Strategic R&D Lab in Chicago’s Marshall Field and Company Building. This new facility will merge Ferrero’s R&D teams across the US and house employees from Ferrero’s Old Post Office location, including about 170 cross-functional teams. The Innovation Centre […]
USA: Flower Foods invests in Base Culture
Flower Foods, one of the main producers of packaged bakery foods in the US, has announced an investment in Base Culture, a manufacturer of gluten-free and grain-free sliced breads and baked goods that are aligned with the paleo diet. According to Flower Foods, Base Culture’s products are currently available in nearly 15,000 retail locations across […]
USA: Splash Beverage Group to acquire 80% stake in Pulpoloco Sangria
Splash Beverage Group, owner of leading beverage brands, announced the acquisition of 80% of Pulpoloco Sangria, giving the group control over the manufacturing and distribution in the US and international markets. Pupoloco Sangria is crafted in Spain, and Its distribution rights were acquired in 2020 by Splash, turning the giant into the exclusive importer of […]
USA: Maytag Dairy sold to AgCertain Industries
Cheese producer Maytag Dairy Farms has been sold to AgCertain Industries, which is owned by private equity firm Midwest Growth Partners since 2019. Maytag Dairy Farms was founded in 1941 and sells and supplies jam, honey, popcorn, blue cheese, cheddar, and cheese spreads to retailers and foodservice businesses as well as selling products online. AgCertain […]
USA: Keurig Dr Pepper acquires non-alcoholic cocktail brand
Keurig Dr Pepper have recently announced the acquisition of the non-alcoholic cocktail brand Atypique from Station Agro-Biotech. The agreement made for the acquisition has both Keurig and Station Agro-Biotech fuel the growth of Atypique using the research done by Station Agro-Biotech in the product category and Keurig’s sales network. Chief financial officer for the international […]
Canada: Coca Cola to invest in Lower Mainland region
Coca Cola Canada Bottling has announced its plans to invest nearly CAD$42 million ($32 million) into the Lower Mainland region’s operations due to growing demand in British Columbia and to help their capability in the region. According to sources, the investment will be applied to create a new manufacturing line in the Richmond plant, allowing […]