Australia: Carlton & United Breweries acquires Riot Wine
Carlton & United Breweries, the beermaker and AB InBev subsidiary, has announced the acquisition of Riot Wine, an Australian wine firm using exclusively in kegs and cans, for an undisclosed sum. Riot Wine, which markets a flagship rose among other products, said its approach offers consumers a superior and more sustainable product. Launched in 2016, […]
Finland: Celsius Holdings to acquire Func Food Group
Celsius Holdings, the maker of fitness drink Celsius, has announced the acquisition of Func Food Group, a Finnish supplements and health foods firm, for $15.1 million in cash and the assumption of $9.5 million of outstanding debt. Func Food is a markets and distributes beverages, protein bars, supplements and superfoods under the brands Celsius, FAST […]
USA: Conagra Brands to sell business unit to Utz Quality Foods
Leading US food manufacturer Conagra Brands has announced it has reached an agreement to sell its direct store delivery snacks business to Utz Quality Foods, described as the largest privately held savoury snack firm in the USA, for an undisclosed sum. Crisp, popcorn, pretzel and savoury snack brands such as Tim’s Cascade Snacks, Hawaiian Snacks, […]
USA: Heinz Kraft launches ketchup with added vegetables
Kraft Heinz, the leading US food and drinks firm, has announced a health-oriented makeover for its flagship Heinz ketchup brand, with the introduction of a new variety that contains added vegetables. Marketed as “miraculously offer[ing] the veggies parents love, without compromising the thick and rich HEINZ taste kids love”, Heinz Tomato Ketchup with a Blend […]
USA: ACH announces acquisition of Anthony’s Goods
ACH, a manufacturer of branded cooking oils and baking products, has announced the acquisition of natural and organic food firm Anthony’s Goods for an undisclosed sum. Anthony’s Goods markets a range of gluten-free flour alternatives, baking aids and supplements, including coconut and almond flours, spirulina and algae powder, and activated charcoal. Commenting on the acquisition, […]
USA: Wells acquires Halo Top ice cream brand, buys Unilever factory
Wells, described as the largest privately held, family-owned ice cream manufacturer in the USA, has announced it has acquired the Halo Top brand from Eden Creamery. The purchase expands Wells’ current portfolio to five distinct brands, the company said. Advertised as “light ice cream that actually tastes like ice cream” and as having fewer calories, […]
USA: Kroger launches new plant-based line
Kroger, the leading supermarket chain, is the latest US firm to move into the imitation meat space with the launch of a new plant-based line under its Simple Truth banner. The product line is said to include fresh meatless burger patties and grinds as well as plant-based cookie dough, pasta sauces, sausages, deli slices, dips […]
Netherlands: Oatly to open second European production site
Oatly, the Scandinavian firm behind the namesake dairy-alternative milk, is opening its first new factory outside Sweden with an investment in a new plant in Vlissingen, Netherlands, according to a report in AD. The factory, which is designed to meet increased demand for the company’s oat-based goods, will employ 15 staff and produce 120 million litres of Oatly […]
Canada: McCain to invest again in Florenceville facility
Canada-based potato processor McCain has announced plans to further invest C$12 million ($9 million) at its facility in Florenceville, New Brunswick, Canada, adding capacity to the existing line that produces chips (fries) for the company’s food service and retail business. The extra capacity will require an additional 400 hectares of potatoes from local growers, McCain […]
USA: Kellogg launches imitation meat line Incogmeato
Kellogg, the leading US cereal and snacks firm, has announced it is expanding its MorningStar Farms plant-based range with the launch of Incogmeato, a new line of imitation meat products. The “next-gen” product line is said to include the company’s first ready-to-cook plant-based burger, which will be sold in the refrigerated meat aisle, as well […]