USA: Meat substitute brand Simulate acquired by private equity fund Ahimsa
Private-equity investor Ahimsa has announced the acquisition of Simulate, the owner of US plant-based meat alternative brand Nuggs. Available since 2019, Nuggs established a presence in over 5,000 retail locations, including Walmart, Target, and Whole Foods Market. Commenting on the acquisition, Simulate co-founder and CEO Sam Terris said: “We were looking for a partner that […]
France: Acqua Sant’Anna acquires Eau Neuve
Acqua Sant’Anna, the Italian mineral water firm, has announced the acquisition of French counterpart La Compagnie des Pyrenees (LCDP), owner of the Eau Neuve brand, for €50 million ($54.5 million). Founded in 1996, Acqua Sant’Anna holds a 13.4% share of the mineral water market in Italy and reported turnover of €320 million ($348.8 million) in […]
Australia: Sanitarium to acquire Nestle’s Vita Brits breakfat cereal brand
Sanitarium, a health food company, has submitted a formal offer to acquire the Vita Brits breakfast cereal brand from food manufacturing giant Nestle. Founded in 1898, Sanitarium produces brands such as Up & Go, So Good, Plantwell, Vegie Delights, and PB Nutrition brands, Vita Brits, which the company already produces for Nestle under a toll […]
UK: Haleon to open £130 million in global oral health innovation centre
Haleon, a consumer healthcare firm, has announced an investment of £130 million ($169 million) to build an innovation centre in Weybridge, UK. The new facility will reportedly feature state-of-the-art, digitally enabled research laboratories and a dedicated consumer behaviour research facility, employing 450 staff. This new facility intends to support Haleon’s oral health portfolio, including brands […]
USA: Mart Frozen Foods opens Idaho manufacturing facility
US food manufacturer Mart Frozen Foods has announced it has inaugurated a $65 million high-tech food manufacturing facility in Rupert (ID). The new 100,000 sq ft facility, located adjacent to the company’s headquarters, has reportedly created 80 new jobs and will produce and package fully baked Idaho potatoes, marketed under the OH!Tatoes brand. Julian Critchfield, […]
USA: Prairie Farms Dairy acquires SmithFoods
US based dairy firm Prairie Farms Dairy has announced the acquisition of domestic peer SmithFoods. According to sources, the deal is part of Prairie Farms Dairy’s strategy to diversify its product portfolio and expand its market reach. Ohio-based SmithFoods was founded in 1909 and produces dairy based products such as milk, sour cream, cottage cheese, […]
Spain: Angel Camacho acquires Macarico
Spanish food and beverage producer Angel Camacho has announced the acquisition of Macarico, a Portuguese firm that manufactures sauces and antipasti. In a press release, Angel Camacho said the deal was part of the firm’s “satisfied customer and consumer” plan, in which Portugal and Brazil are considered strategic markets. Founded in 1930, Macarico is a […]
USA: PepsiCo announces agreement to acquire Siete Foods
FMCG giant PepsiCo has announced that the company has entered into a definitive agreement to acquire Garza Food Ventures LLC, trading as Siete Foods, a Mexican-American foods company. In a press release, PepsiCo said the $1.2 billion deal would complement the firm’s portfolio with an authentic Mexican-American brand as well as adding a variety of […]
Australia: The Original Juice Company, SPC, Nature One Dairy announce merger deal
The Original Juice Company (OJC), an Australian-based business that sells chilled fruit and vegetable juices, has announced plans to acquire SPC Global (SPC) and the powdered milk business Nature One Dairy to create a leading food and beverage company. As part of the transaction, OJC will issue 133 million shares to SPC shareholders, while Nature […]
UK: Kellanova to invest £75 million to expand cereal production in Wrexham
Kellanova, the leading US cereal and snacks firm, has announced an investment of £75 million ($98 million) to expand production at its breakfast cereal facility in Wrexham, North Wales. The Wrexham site, which opened in 1978, is Kellanova’s largest Special K plant globally. It also manufactures other brands, such as All Bran, Bran Flakes, and […]