USA: Calbee acquires majority stake in tofu maker Hodo
Japanese food major Calbee, via its US subsidiary, has announced that it has acquired a 58% stake in US tofu and plant-based food producer Hodo. As part of the venture, Sagamiya Foods, a leading Japanese tofu producer, has acquired a minority stake in Hodo and will provide technical support to reinforce its growth plans. Founded […]
India: Marico to fully acquire HW Wellness Solutions
Leading Indian FMCG firm Marico has announced that it has entered into a definitive agreement to acquire the remaining shares of HW Wellness Solutions, which owns the True Elements brand, for up to 138 crore ($15.18 million). Founded in 2013, HW Wellness has reportedly become a leading digital-first business in the breakfast and snack foods space, […]
Italy: Winland Foods and La Doria merge to form Windoria
Winland Foods, a US-based producer of private label and branded food items, has merged with La Doria, an Italian producer of tomato products, preserved vegetables and juices, to form Windoria, a new food group valued at $4 billion. The merged group will supply leading retailers, distributors and foodservice operators while managing more than 40 proprietary […]
UK: Regal Foods acquires Suncrest soft drinks brand
Regal Foods, a Yorkshire-based food and drink manufacturer, has announced the acquisition of soft drinks brand Suncrest from European food oil group KTC Edibles for an undisclosed sum. Founded in 1985, Suncrest is known for its range of tropical fruit-flavoured beverages. Its offerings span still and carbonated drinks, available in bottled, canned and carton formats, with varieties […]
USA: Gallo acquires ‘Gen Z oriented’ wine brand Whiny Baby
Gallo, the international wine major, has announced it has reached a deal to acquire Whiny Baby, a wine brand that is described as targeting a Gen Z audience. Launched in 2020, Whiny Baby promotes “a reimagined wine experience” that is claimed to help make choosing a wine “fun, easy, and engaging”. Shoppers are encouraged to “choose […]
UK: Honestly Tasty acquires La Fauxmagerie
UK vegan cheese specialist Honestly Tasty has announced the acquisition of its domestic peer La Fauxmagerie. As part of the transaction, La Fauxmagerie will rebrand as Saporia and operate through a new dedicated online store, offering a more extensive plant-based range. Commenting on the move, Saporia founder Tim Barclay said: “La Fauxmagerie’s store was pioneering, […]
USA: Glanbia to sell SlimFast US to Heartland Food Products Group
Irish global nutrition group Glanbia has announced that it has signed an agreement to sell weight management brand SlimFast US to Heartland Food Products Group, a US-based leader in the consumer-packaged goods industry, for an undisclosed sum. The existing Heartland Food Products Group portfolio features Splenda, a zero-calorie sweetener brand offering stevia and monk fruit […]
Spain: Grupo Apex acquires Uriarte Iturrate assets
Leading Spain-based snack company Grupo Apex has announced the acquisition of the brand and assets of Uriarte Iturrate, formerly part of the Ecolumber Group, including its production plant in Murgia (Alava), along with machinery, technology, trademarks and patents. The acquisition extends Grupo Apex’s portfolio to 13 production sites, bringing in seven employees as well as […]
Argentina: Carrefour acquires Super A chain
Carrefour, the leading French supermarket chain, has announced the acquisition of the Super A supermarket chain, which operates 16 stores in the western Argentinian province of Mendoza, for an undisclosed amount. As part of the deal, all Super A locations will be rebranded as Carrefour Express and will begin operating under the new banner this month. […]
USA: MBC Acquires Alpha Foods
MBC Companies, a diversified player in the US frozen foods market, has announced the acquisition of Alpha Foods, a family-owned frozen pizza manufacturer based in Waller (TX). In a statement, MBC Companies said the deal would expand its manufacturing footprint, fuel product innovation and strengthen its ability to serve customers nationwide across multiple channels. Founded […]