USA: Keurig Dr Pepper to acquire Dyla Brands
Keurig Dr Pepper (KDP), the soft drinks and coffee firm, has announced the acquisition of full ownership of Dyla Brands, a key player in the powdered drink mix and liquid water enhancer business. Dyla Brands’ product portfolio includes natural water enhancer Stur, as well as licensed products under KDP-owned trademarks such as Crush, Hawaiian Punch, […]
Italy: NewPrinces Group acquires Carrefour’s Italian supermarkets
NewPrinces Group, a multinational in the food industry, has announces that it has signed a binding agreement to acquire Carrefour’s Italian supermarkets for €1 billion ($1.17 billion). Following its acquisition of Carrefour Italia, NewPrinces Group will become the second-largest Italian food and beverage group by revenue and the largest employer in the sector, with 13,000 […]
Ireland: Cobblestone Brands acquires whiskey brands from Pernod Ricard
Irish drinks company Cobblestone Brands has announced the acquisition of the Knappogue Castle and Clontarf Irish Whiskey brands from Irish Distillers, a subsidiary of wine and spirits giant Pernod Ricard. Commenting on the move, Cobblestone Brands CEO Brian Fagan said: “We believe deeply in the future of the Irish whiskey category. Despite near-term industry challenges, […]
Netherlands: FrieslandCampina to sell Romanian operations to Bonafarm Group
Dutch dairy multinational FrieslandCampina has reached an agreement to sell its operations in Romania to Bonafarm Group, a regional food and beverage company. This transaction includes the Napolact brand and two production sites in Cluj-Napoca and Târgu Mureș that employ around 400 people. Commenting on the move, FrieslandCampina Europe President Dustin Woodward said: “This step […]
UK: Ty Nant acquires Strathmore Water from AG Barr
Ty Nant, a player in the premium bottled water sector, has announced the acquisition of Strathmore Water from AG Barr, the UK-based soft drinks firm. AG Barr, a British beverage firm known for Irn-Bru and Rubicon, has owned Strathmore Water since 2006. The brand offers still and sparkling water, sourced and bottled in Forfar, Scotland, […]
USA: PepsiCo launches prebiotic cola
Snacking and soft drinks giant PepsiCo has announced the launch of Pepsi Prebiotic Cola, which the company claims is the first major innovation in the traditional cola category in two decades. Featuring 5 grams of cane sugar and 30 calories per can, with no artificial sweeteners, Pepsi Prebiotic Cola is touted as offering the classic crisp, […]
USA: Generous Brands to acquire Health-Ade Kombucha
Generous Brands, a portfolio company of private equity firm Butterfly, has announced that it has signed an agreement to acquire California-based soft drinks firm Health-Ade from fellow equity funds First Bev and Manna Tree Partners . Founded in 2012, Health-Ade positions itself as a producer of “feel-good, bubbly beverages” with gut-health benefits, including kombucha, prebiotic […]
Australia: Jack Link’s acquires meat snack brand Kooee!
Jack Link’s, the US-based meat firm, has announced the acquisition of meat snack brand Kooee via its Australian division Link Foods APAC to expand its premium offering across the Asia-Pacific region. Founded in 2015 in north-west Tasmania by Shaun Malligan, Kooeee! offers a range of beef jerky and meat sticks made from 100% grass-fed beef […]
USA: King’s Hawaiian to invest $54 million in Georgia expansion
Los Angeles-based bakery firm King’s Hawaiian has announced plans to invest $54 million to expand its 150,000 sq ft facility in Oakwood South Industrial Park, creating more than 135 new jobs. As part of the expansion, King’s Hawaiian will add a new production line to manufacture more flavours of its Pretzel Bites. Commenting on the […]
USA: Vilore Foods acquires Tia Lupita Foods
Vilore Foods, the US importer and distributor of the La Costena and Jumex brands, has announced the acquisition of Mexican food brand Tia Lupita Foods. This acquisition marks Vilore Foods’ entry into the natural foods sector, broadening its portfolio with Tia Lupita Foods’ gluten-free, non-GMO and preservative-free products, including signature hot sauces, grain-free cactus tortilla […]