USA: Wellful acquires Ancient Nutrition
Wellful, a supplements and weight-management business and a Kainos Capital portfolio company, has announced the acquisition of supplements firm Ancient Nutrition from equity funds VMG Partners and Hillhouse Investment. Founded in 2016, Ancient Nutrition has a product portfolio that includes protein and gut health supplements, vitamins & multivitamins, herbs, mushrooms, and greens. It is described as […]
Australia: Woolworths seeks approval for Beak and Johnston acquisition
Woolworths, the Australian supermarket chain, has filed for clearance with New Zealand’s Commerce Commission to acquire Beak & Johnston subsidiaries Beak & Johnston NZ Pty Ltd (BJNZ), B&J City Kitchen Pty Ltd (BJCK) and Alors. Beak & Johnston is a manufacturer of chilled and frozen ready meals, soups and meat which are sold under brands such […]
Australia: Honest to Goodness acquires Pimp My Salad and Pimp My Snack brands
Honest to Goodness, an Australian health food manufacturer, has announced the acquisition of the Pimp My Salad and Pimp My Snack snacking brands from Komarov Food. Pimp My Snack offers health-oriented sweet and savoury snacks that are described as slow baked for a light and crunchy texture. Founded in Byron Bay, Pimp My Salad markets snacks, salad […]
Netherlands: Ahold Delhaize aquires Profi Rom Food
Dutch retail conglomerate Ahold Delhaize has announced that it has completed the acquisition of Romanian supermarket Profi Rom Food (Profi) from private equity fund MidEuropa for €1.3 billion ($1.35 billion). The acquisition significantly expands Ahold Delhaize’s footprint in Romania, where the company operates nearly 1,000 stores under the Mega Image banner. Profi has a network of 1,700 supermarkets and convenience stores, and […]
India: Adani Enterprises Limited to exit Adani Wilmar joint venture
Adani Enterprises Limited (AEL). a holding company of the Adani conglomerate, has announced that it has entered into an agreement to sell its 44% stake in Adani Wilmar, an Indian FMCG joint venture, to Wilmar subsidiary Lence through Adani Commodities LLP, a wholly-owned subsidiary of AEL. Adani Wilmar, co-founded by AEL and Wilmar International in […]
UK: Co-operative sets sights on 75 new stores in 2025
Co-operative, the UK retail group, has announced plans to open 75 new stores in 2025 to expand its footprint in convenience retail. Co-operative said the new openings would include both Co-op estate stores and Co-op franchise stores, while around 80 stores will also be refurbished over the course of the year. Commenting on the move, […]
USA: Hain Celestial opens new innovation centre
US natural and organic products company Hain Celestial has announced the opening of an Innovation Experience Center (IEC) in Hoboken, New Jersey in a bid to further develop its food, drinks and personal care brands. The new centre, which features a 2,200 sq m working kitchen intended as “a hub for hands-on creativity and sensory exploration”, is […]