USA: Lolli & Pops acquires Hammond’s Candies
Lolli & Pops, a portfolio company of private equity firm TerraMar Capital, has announced the acquisition of US-based confectionery producer Hammond’s Candies for an undisclosed sum. Founded in 1920, Hammond’s manufactures handcrafted candy canes, lollipops, and other classic sweet treats. Lolli & Pops is a leading retailer of chocolates and other unique sweets from around […]
Australia: Arnott’s acquires Mother Earth, Flemings and VP brands
Arnott’s, the Australian biscuit and cracker firm, has announced the acquisition of New Zealand food brands Mother Earth, Flemings, and VP Brands from Prolife Foods to expand its snacking portfolio. Mother Earth is described as a brand of muesli bars and baked slices with a growing presence in Australia. Flemings and VP offer bars, nuts […]
India: SuperYou launches ‘India-first’ protein wafer bar
SuperYou, a protein food and supplements brand, has announced the launch of what it claims is India’s first protein wafer bar. The product reportedly employs fermented yeast protein technology to offer a nutritious snack that is free from added sugar and contains 10g of protein and 3g of fibre per bar. Flavours available include chocolate, […]
UK: Samworth Brothers puts Soreen brand up for sale
Samworth Brothers, a leading UK supplier of chilled and ambient foods, is seeking a buyer for its Soreen cakes business, according to reports in Grocery Gazette and The Grocer. Founded in Manchester in the 1930s, Soreen is especially known for its flagship malt loaf, which is marketed as a low fat option with 43% sugar than […]
India: Agro Tech Foods to acquire Del Monte Foods
Agro Tech Foods (ATFL), a confectionery and snacks firm backed by private equity firm Samara Capital, has announced it has entered into an agreement to acquire Del Monte Foods in a 1,300 crore INR ($156 million) share swap deal with Bharti Enterprises and Del Monte Pacific. Following the acquisition, Del Monte Foods will become a […]
USA: Lactalis announces $55 million investment to increase feta production
Lactalis, the French dairy giant, has announced plans to invest $55 million at a plant in Tulare (CA) to increase feta cheese production. This investment will be used to build a 38,000 sq ft production line, creating 20 full-time jobs. Commenting on the investment, Lactalis USA chief executive officer Esteve Torrens said: “We are expanding […]
USA: Lakeview Farms to acquire Noosa yoghurt brand
Lakeview Farms, a leading manufacturer of dips, desserts, and specialty products, has announced the acquisition of the Noosa yoghurt brand from Campbell Soup. Noosa is a manufacturer of premium-positionined, “Aussie-style” cheesecake bites and yoghurt ice cream that are claimed to be known for their rich, creamy texture and unique flavours. “We are excited to welcome […]
Japan: Meiji launches biscuits with “cacao granules”
Meiji, the Japanese food and pharmaceutical firm, has announced the launch of Well Cacao Spicy Crisp, sweet spiced biscuits made with the company’s “cacao granules” ingredient. Meiji cacao granules are described as a form of cocoa nibs made from cacao beans fermented under controlled conditions to reduce astringency, using a unique process that preserves nutrients […]
UK: Kepak acquires Summit Foods
Kepak, the Irish supplier of foodservice solutions and ready-for-market convenience foods. has announced the acquisition of Summit Foods, a UK-based specialist in frozen and chilled foods. Kepak is a leading meat producer with 15 plants across Ireland and the UK, serving brands including Rustlers, Big Al’s, Celtic Beef, McIntosh Donald, Watergrass Hill, Black Angus, and […]
USA: Hershey acquires Sour Strips
US confectionery firm Hershey has announced the expansion of its portfolio with the acquisition of Sour Strips, a brand of sour sweets founded in 2019. Sour Strips is claimed to make sweets with intense flavours and creative branding, and is marketed with the tagline “sour candy that doesn’t suck”. Commenting on the deal, Hershey president […]