USA: Keurig Dr Pepper to acquire Ghost energy drink brand
Keurig Dr Pepper (KDP), the soft drinks and coffee firm, has announced that it has entered into an agreement to acquire Ghost Lifestyle and Ghost Beverages (collectively “Ghost”) for $990 million. Founded in 2016, Ghost is a brand of sports nutrition products, energy drinks, dietary supplements, and apparel, anchored by its flagship energy drink brand […]
USA: Shamrock Farms to Invest $59 million in Virginia manufacturing site
Shamrock Farms, a leading US dairy firm, has announced an investment of $59 million to expand its milk manufacturing facility in Augusta County, Virginia. The project will generate 28 new jobs and expand the company’s existing 250,000 sq ft facility in Mill Place Commerce Park by an additional 81,000 sq ft. The investment is earmarked […]
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: 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 […]
Tradeshow Look Ahead: Yannick Verry, Fi Europe 2024
Gama spoke to Yannick Verry, Brand Director, ahead of the latest edition of Fi Europe. What are your expectations for this year’s FI Europe? What features are there for consumers to look forward to? Fi Europe is gearing up for its biggest and best year ever. From 19th-21st November 2024, Messe Frankfurt will host the […]
Saudi Arabia: Almarai acquires Hammoudeh Food Industries
Saudi Arabia based dairy firm Almarai has announced the acquisition of Hammoudeh Food Industries, the food and beverage business of Jordanian conglomerate Hammoudeh, for 263 million SAR ($70.1 million). Founded in the 1960s in Amman, Hammoudeh Food Industries serves as the food and beverage manufacturing division of the Hammoudeh conglomerate, which is also involved in […]
Cris Arcangeli, Chief Executive OfficerBeauty’in
Gama spoke to Cris Arcangeli, Chief Executive Officer, Beauty’in. What changes have you seen in the consumer goods sector in Brazil (and the wider Latin America region) in recent years, and how do you anticipate it will evolve further? In recent years, the consumer goods sector in Brazil has undergone significant transformations, especially in the […]
Nigeria: Coca-Cola to invest $1 billion in value chain
Coca-Cola, in cooperation with its Nigeria bottling partners, has announced an investment of $1 billion to expand its investments in the country over the next five years. Coca‑Cola said it intended to double its investment rate to support various areas of the value chain, including suppliers, distributors, retailers and recyclers. The new money comes on […]
UK: Hero Group acquires Deliciously Ella
Swiss-based baby food, snack bar and spreads firm Hero has announced the acquisition of British plant-based food brand Deliciously Ella for an undisclosed amount. Founded in 2016, Deliciously Ella offers crackers, snack bars, ready meals, biscuits, chocolate, dressings, spreads, pasta, kombucha and other products, available at leading grocery retailers Hero said the acquisition would allow […]
South Africa: Nestle to sell Cremora business to Lactalis
Nestle, the Swiss consumer goods giant, has announced plans to sell its Cremora business to the South African subsidiary of French dairy giant Lactalis, as part of a strategic realignment of its operations. Cremora is a creamer brand produced in Babelegi and Potchefstroom, South Africa, as well as in Harare, Zimbabwe. Lactalis will acquire both […]