Canada: Lassonde to acquire fruit snack firm Sun-Rype
Lassonde, the Canadian agri-food firm, has announced it has entered into an agreement to acquire Sun-Rype, a fruit-based snack and drinks maker, for a cash consideration of approximately C$80 million ($61 million). Founded in 1946, Sun-Rype produces juices and fruit snacks in Kelowna, BC, and also operates facilities in Selah and Wapato in the USA’s Washington state. The company […]
Brazil: Massimo Zanetti acquires Cafe Pacaembu
Massimo Zanetti, the Italian coffee specialist, has announced it has acquired Cafe Pacaembu, a coffee firm based in Sao Paulo state, Brazil, for an undisclosed sum. Founded in 1957, Cafe Pacaembu is described by Massimo Zanetti as one of the most traditional brands in the Sao Paulo. “In a highly fragmented market, it still represents one […]
Spain: Refresco and PepsiCo form a new partnership
Refresco, the Dutch soft drinks firm, has reached a deal with PepsiCo which will see it acquire a number of the US firm’s factories in Spain, according to reports in FoodBev and Food Business Africa. Under the terms of the agreement, PepsiCo will transfer two of the three factories it currently operates in Spain – […]
South Africa: Coca-Cola Beverages Africa strengthens in Kenya
Coca-Cola Beverages Africa (CCBA), the Coca-Cola bottler, has acquired stakes in two Coca-Cola franchise bottlers in Kenya through its wholly-owned subsidiary Coca-Cola Sabco East Africa (CCSEA) for a combined sum of $194 million, according to a report in Food Business Africa. CCSEA has acquired the 53.9% stake in Almasi Beverages and 27.6% stake in Nairobi Bottlers previously owned by public East […]
UK: CCEP opens new canning line
Coca-Cola European Partners, the Coca-Cola bottler, has announced the opening of a new canning production line at its factory in Sidcup, UK at a cost of £16 million ($20 million). The firm said the new line was part of a £55 million($68 milliuon) investment into its Sidcup operations and would be dedicated to making CCEP’s latest […]
USA: Kraft Heinz partners with Diageo to create new coffee line
Kraft Heinz, the multinational food firm, is partnering with spirits giant Diageo to create a new line-up of coffee products in association with the Baileys brand. The product range will include Baileys ready-to-drink cold brew in cans, Baileys roast & ground coffee, and Baileys K-Cup pods and is aimed at bringing “indulgent flavour” to the […]
Italy: Coca-Cola HBC to acquire Acque Minerali
Coca‑Cola HBC, Europe’s leading Coca-Cola bottler, has announced it is strengthening in the bottled water space with the acquisition of Acque Minerali, a producer and distributor of mineral water and adult-oriented sparkling beverages under the Lurisia brand. The firm said the acquisition was being made in conjunction with Coca‑Cola Co, and that they will together […]
USA: Keurig Dr Pepper to invest in new facility
Keurig Dr Pepper (KDP), a leading coffee and soft drinks firm based in the USA, has announced plans to develop a new production and warehouse facility in Allentown, PA with an investment of around $200 million. The company said the new facility provides it with additional, highly efficient capacity for existing and new brands, and […]
Australia: Mengniu acquires infant formula firm Bellamy’s
Mengniu, a leading Chinese dairy firm , has made a bid to acquire Bellamy’s, Australia’s largest organic infant formula producer, for approximately A$1.5 billion ($1.03 billion). Bellamy’s produces, supplies and markets a range of organic food and infant formula for babies and toddlers, sourcing ingredients from Australian and international suppliers. Bellamy’s products are distributed in […]
Finland: Celsius Holdings to acquire Func Food Group
Celsius Holdings, the maker of fitness drink Celsius, has announced the acquisition of Func Food Group, a Finnish supplements and health foods firm, for $15.1 million in cash and the assumption of $9.5 million of outstanding debt. Func Food is a markets and distributes beverages, protein bars, supplements and superfoods under the brands Celsius, FAST […]