USA: Midas Foods Acquires JM Exotic Foods
Midas Foods, a sauces and seasonings maker, has announced the acquisition of JM Exotic Foods, a leader in spices, seasonings, and specialty foods. The company said the acquisition aligned with its strategy to establish a national manufacturing footprint and broaden its offerings to include retail packaging, shaker bottles, and more. JM Exotic Foods’ brand range includes Sure […]
USA: Nestle launches “liquid espresso concentrate”
Nestle, the leading FMCG multinational, has announced it is increasing its portfolio in the US with the launch of a “liquid espresso concentrate” line. Promising consumers “the ultimate hack for customizing café-style iced espresso beverages at home”, the company claims its 100% Arabica espresso concentrate can be prepared without brewing or equipment, simply by pouring over […]
Ireland: Mayfair acquires Pat the Baker, Irish Pride
Mayfair, a UK investment company, has acquired Irish bakery brands Pat the Baker and Irish Pride, according to a report in Just Food. The agreement was said to have been concluded through Ceres, Mayfai’sr holding company for its baked business, for an undisclosed fee. The two brands were previously owned by a company known as Azeda […]
USA: Premium Brands buys three meat brands
Premium Brands, the speciality food business, has acquired meat companies NSP Quality Meats, Casa Di Bertacchi, and Italia Salami for a combined value of $66 million. The three companies together generate around $200 million in annual sales and are described as having facilities in strategic locations across the USA. Casa Di Bertacchi manufacturers both branded and […]