USA: PepsiCo to close Florida Frito-Lay factory
PepsiCo, the US-based food and drink business, has announced plans to close its Frito-Lay plant and onsite warehouse operations in Orlando (FL). “PepsiCo Foods US announced the shutdown of manufacturing and warehouse operations at our Orlando plant. This action was driven by business needs, and we are committed to treating every impacted employee with care—providing […]
Italy: BF sells majority stake in couscous division Bia
Italian agribusiness group BF has entered into an agreement to sell a majority stake in its couscous subsidiary Bia to investment funds PM&Partners and Armonia. Acquired in 2022, Bia specialises in private-label couscous for Italy, France, and Spain, offering gluten-free and organic varieties from three sites in Argenta, Ferrara. Other brands in the BF portfolio […]
UK: Snellman Group acquires Benyfit Natural brand
Snellman Group, a Nordic pet food producer, has announced its acquisition of the British raw pet food brand Benyfit Natural from the Real Pet Food Company. Founded in 2014, Benyfit Natural is a producer of raw dog food, created and manufactured in-house at its East Sussex facility. Its range is available through independent and specialist […]
UK: Made Uncommon acquires chocolate brands Love Cocoa and H!p
Made Uncommon, the parent company behind Coco Chocolatier, Up-Up and Otherly Oatm*lk and Seed & Bean, has announced the acquisition of Love Cocoa and H!p for an undisclosed amount. Love Cocoa is described as offering a range of ethically sourced, responsibly crafted chocolate bars, including premium milk and dark varieties, alongside elegant truffles. H!P is […]
USA: Ne-Mo’s Bakery acquired by Cotton Creek Capital
Cotton Creek Capital, a private equity firm, has acquired Ne-Mo’s Bakery, a San Diego producer of sweet baked goods, with the intention of supporting the company’s expansion and boosting manufacturing and innovation capabilities. Founded in 1975, Ne-Mo’s Bakery is a leading producer of sweet baked goods, offering cakes, cookies, cinnamon rolls, and a range of […]
USA: Hormel Foods spins off Justin’s nut butter brand
Global branded food company Hormel Foods has announced plans to separate its Justin’s nut butter and chocolate snack brand through a strategic partnership with Forward Consumer Partners, a private investment firm. As part of the agreement, Forward Consumer Partners will acquire a 51% stake in the business, while Hormel will retain a 49% interest, allowing Justin’s […]
USA: Urban Farmer acquires Caulipower
Urban Farmer, a private-equity-backed producer of plant-based bakery products, has announced the acquisition of Caulipower, the US frozen-food business specialising in cauliflower-based products. Urban Farmer is a portfolio company of Paine Schwartz Partners and a producer of plant-based speciality dough, frozen pizzas, crusts, and bakery products, operating manufacturing facilities in Manteno (IL). Commenting on the move, […]
USA: Kimberly-Clark to acquire Kenvue
US-based household firm Kimberly-Clark has announced the acquisition of leading global consumer health firm Kenvue for $32 billion. Kenvue is described as the world’s leading consumer health company by revenue, housing science-backed brands such as Aveeno, Band-Aid, Johnson’s, Listerine, Neutrogena and Tylenol. Commenting on the move, Kimberly-Clark chairman and chief executive officer Mike Hsu said: “Kenvue […]
USA: Fresca Foods partners with Cerealto
Fresca Foods, a co-manufacturer of natural and organic snacks, has announced a strategic partnership with Cerealto, a leading contract producer of biscuits, cereals and snack bars in Europe, the UK and Mexico. Founded and headquartered in Colorado, Fresca Foods co-manufactures for the US and global brands across five major categories: snack bars, granola, breakfast cereals, […]
India: Varun Beverages announces Carlsberg Africa JV
Varun Beverages, PepsiCo’s bottling partner in India, has announced it has entered into an exclusive distribution agreement with Carlsberg for the distribution of alcoholic beverages in Africa, and to this end will establish a wholly owned subsidiary in Kenya. In a statement, Varun Beverages said: “We are incorporating a wholly-owned subsidiary in Kenya under Varun […]