UK: Sazerac to acquire Au Vodka
Sazerac, the US-based spirits company, has signed a binding agreement to acquire UK vodka and ready-to-drink (RTD) brand Au Vodka. The transaction remains subject to standard completion conditions and is expected to close within the coming weeks. Financial terms of the deal have not been disclosed. Commenting on the deal. a Sazerac spokesperson stated: “Sazerac […]
UK: Saputo to sell UK dairy operations to Lactalis
Saputo, the Canada-based dairy processor, has entered into a definitive agreement to sell its Dairy Division (UK) to Lactalis for an enterprise value of approximately £988 million ($1.28 billion). The transaction includes five manufacturing facilities and local brands, including Cathedral City, Wensleydale, Davidstow, Clover and Country Life. Over the last four quarters, the UK unit […]
USA: Ferrero to acquire Purely Elizabeth
Ferrero , the Italian sweet-packaged foods company, has signed an agreement to acquire Boulder (CO)-based wellness and better-for-you food business Purely Elizabeth. Founded in 2009, Purely Elizabeth produces a portfolio of granola, oatmeal, cereals and protein products. The company has reportedly more than doubled its sales over the past two years. Following the transaction, Purely Elizabeth […]
India: ACPL to expand domestic frozen food capability
Allana Consumer Products Ltd (ACPL), the Indian processed food and agri-commodities manufacturer, is strengthening its domestic frozen food business to address rising demand across households and the hotels, restaurants and cafes (HoReCa) segment. According to a report in The Hindu, the company is building a portfolio that includes frozen French fries, green peas, cut vegetables, […]
Germany: VAFO Group acquires Pets Deli
VAFO Group, the Czech-founded European pet food company, has acquired Pets Deli, a German direct-to-consumer (D2C) pet food brand. The transaction expands VAFO Group’s presence in Germany and adds a digital platform offering wet food, dry food, raw feeding, snacks and supplements for dogs and cats. Pets Deli will continue to operate under its own […]
Poland: Piwowarska completes logistics investment
Piwowarska, the Polish brewing company owned by Asahi Europe & International, has completed the construction of an automated high-bay warehouse at its brewery in Poznan. The project, valued at 200 million PLN ($51 million), represents the largest logistics investment in the history of the business. Officially set to open in September, the facility occupies a […]
USA: Keurig Dr Pepper reformulates 7UP in major brand evolution
Keurig Dr Pepper, the North American beverage company, has unveiled its biggest evolution for soft drink brand 7UP in over 15 years, centering on a lime-led reformulation. The company is debuting 7UP Lime Lemon, bringing a lime-forward taste profile to 7UP Regular, 7UP Zero Sugar, Cherry 7UP, and Cherry 7UP Zero Sugar. Rolling out nationwide […]
USA: Fulton Brewing acquires Bemidji Brewing
Fulton Brewing, the US craft brewer, has announced the acquisition of fellow Minnesota-based producer Bemidji Brewing for an undisclosed sum. Effective from 31st October, the deal builds on a production partnership that began roughly three years ago, allowing Bemidji Brewing to expand production beyond its city centre facility and grow distribution into Duluth and the […]
UK: Brookfield Drinks acquires Crabbie’s brand
Brookfield Drinks, the UK-based drinks supplier, has acquired the Crabbie’s alcoholic ginger beer brand from Halewood Artisanal Spirits, according to trade reports. Crabbie’s, which dates back to Edinburgh in 1801, is reported to be the world’s leading alcoholic ginger beer brand. Manufactured using a six-week ginger-steeping process, the product lineup includes the core alcoholic ginger […]
Canada: Gay Lea Foods invests C$200 million in manufacturing expansion
Gay Lea Foods, the Canadian dairy co-operative owned by approximately 1,200 dairy farmer members, has announced an investment of over C$200 million ($146 million) to expand its Clayson Road manufacturing facility in Toronto. The project marks the first major milestone in the co-operative’s approximately C$450-million ($329 million) Network for Growth strategy, a multi-year investment to […]