USA: Imperial Brands acquires Black Buffalo
Imperial Brands, the UK-headquartered tobacco giant, has announced the acquisition of Black Buffalo, a modern oral nicotine business based in the United States. The transaction involves an initial consideration of $150 million, with an additional deferred sum based on performance over three years and other criteria. Established in 2015, Black Buffalo manufactures tobacco alternative long […]
Australia: Endeavour Group restructures Pinnacle business
Endeavour Group, the Australian retail drinks and hospitality business, has announced a strategic transformation of its Pinnacle Drinks business. The asset-light, customer-led restructuring will refocus the portfolio on brands and regions that generate the strongest returns. As part of the strategy, the company will cut its own grape production by more than 80%, resulting in […]
USA: Heartland Food Products Group to acquire Whole Earth Brands’ Americas business
Heartland Food Products Group, the Indiana-based owner and manufacturer of the Splenda, SlimFast and Java House brands, has entered into a definitive agreement to acquire the Americas business of Whole Earth Brands, Inc. The transaction will include the Equal, Whole Earth, Swerve and Chuker sweetener brands across North America and Latin America. Financial terms of […]
Australia: George Weston Foods acquires Abe’s Bagels
George Weston Foods, the food manufacturing subsidiary of Associated British Foods (ABF), has acquired the bagel manufacturer Abe’s Bagels for an undisclosed sum. The strategic transaction transfers ownership of the brand and its St Johns bakery in East Auckland to George Weston Foods, expanding a bakery stable that already includes Tip Top Bakery, Ploughmans, Abbotts […]
Germany: The Nutriment Company acquires Frostfutter Perleberg
The Nutriment Company (TNC), a European supplier of natural pet food, has expanded its operations through the acquisition of Frostfutter Perleberg, a German premium dog and cat food supplier. Based in Perleberg in northern Germany, Frostfutter Perleberg specialises in species-appropriate raw feeding (BARF) products, sourcing human-grade meat from regional farms. Operating its own on-site slaughterhouse, […]
UK: Damm UK to acquire Old Speckled Hen beer brands
Greene King, the UK’s leading pub company and brewer, has agreed to sell the Old Speckled Hen (OSH) family of beer brands to Damm UK. Damm UK is the owner of Estrella Damm and a family-owned Spanish brewing business that operates in Bedford, UK. Greene King originally acquired OSH in 1999 from Morland. The brand […]
Netherlands: De Smaakspecialist acquires Joannusmolen and IDorganics
De Smaakspecialist, the Dutch organic food company, has expanded its portfolio by acquiring local organic brands Joannusmolen and IDorganics. According to RetailDetail, the acquisition represents a strategic consolidation in the organic sector. Joannusmolen, a Netherlands-based brand acquired from Merenda Foods, specializes in organic and gluten-free flours, porridges, and baking products, while IDorganics handles production and […]
USA: Cal-Maine Foods acquires Van’s Foods brand
Cal-Maine Foods, the largest egg company in the USA, has announced the acquisition of certain assets of the Van’s Foods business from Sara Lee Frozen Bakery, a US manufacturer of frozen bakery and dessert products. The acquisition is aimed at supporting Cal-Maine Foods’ strategy to diversify its business model and grow in the prepared foods […]
Italy: Amadori acquires plant-based protein company Unconventional
Amadori, the Italian meat specialist company, has announced its acquisition of the plant-based protein firm Unconventional from Granarolo. Unconventional is an alternative meat business based in Italy. Its product portfolio comprises plant-based meat alternatives, including frozen burgers, sausages, meatballs and fillets. The brand is a market leader in the Italian alternative meat sector and has […]
India: Wingreens acquires Safe Harvest
Wingreens, the Indian packaged food and beverage company, has acquired domestic organic food brand Safe Harvest in an all-stock share-swap deal. Alongside the acquisition, Wingreens has raised 120 crore INR ($14.4 million) in a Series D funding round led by investor Ashish Kacholia, with participation from Alchemy Fund. The company stated that the capital will […]