USA: Barilla Group to acquire Goodles
Barilla Group, the international food company, has entered into an agreement to acquire Goodles, the US-based boxed mac and cheese brand. Founded in October 2020 as Gooder Foods and based in Santa Cruz (CA), Goodles produces mac and cheese products distributed across major and independent US retailers. Following the transaction, Goodles will continue to operate […]
USA: Mars introduces Pringles Dippers
Mars, the food and snacking giant, is launching Pringles Dippers, the brand’s first-ever thicker, sturdier and wavier crisp designed specifically for dipping. Engineered with a scoop-like design to handle various dipping styles, the new line is available in three flavours: Original, French Onion, and Bacon Cheddar. Eileen Flaherty-Yao, senior director of Salty at Mars Snacking […]
USA: Chobani to invest $1.2 billion in Pennsylvania campus
Chobani, the US food and beverage manufacturer, has announced plans to invest approximately $1.2 billion over the next five years to establish a 1.5-million-square-foot manufacturing and warehouse campus in Allentown (PA). The expansion includes acquiring an existing Allentown manufacturing facility and warehouse from Keurig Dr Pepper (KDP). First opened for production in 2021, the facility […]
USA: Yellow Wood Partners to acquire Nestle’s Holistic Health supplement platform
Yellow Wood Partners, the US private equity firm, has agreed to acquire the Holistic Health platform from global food manufacturer Nestlé for $1.0 billion. Holistic Health is a global vitamins, minerals and supplements business featuring a portfolio of established brands. The platform includes Nature’s Bounty – the second-largest overall supplement brand and top women’s health brand […]
USA: Sweetmore Bakeries acquires Fantasy Baking
Sweetmore Bakeries, a Chicago-based family of specialty bakeries, has completed the acquisition of Fantasy Baking, a manufacturer of private label and branded sweet baked products. The acquisition marks Sweetmore Bakeries’ sixth facility overall and its first manufacturing site on the West Coast, extending its footprint across the Northeast, Midwest, Southeast, Southwest and West. Following Shore […]
USA: Anheuser-Busch to invest $13 million in Baldwinsville brewery
Anheuser-Busch, the US beverage manufacturer and AB InBev subsidiary, has announced a $13 million investment in its Baldwinsville facility in New York. According to the company, the investment is designed to meet growing consumer demand for Michelob Ultra, described as the top-selling and fastest-growing beer in the USA, and add new production capabilities for Cutwater, […]
USA: Philip Morris International enters manufacturing deal with Altria
Philip Morris International (PMI), the tobacco and nicotine products manufacturer, has entered into a contract manufacturing arrangement for combustible cigarettes with Philip Morris USA, an operating company of fellow tobacco and nicotine company Altria, through its non-US affiliates. According to the company, the collaboration aims to leverage the respective combustible cigarette manufacturing capabilities and expertise […]
USA: St.Cousair acquires Blake Hill Preserves brand
St.Cousair, the Japanese food manufacturer, has acquired the brand business and selected production equipment of Blake Hill Preserves through its US subsidiary for an undisclosed sum. Mascoma Bank sold the brand assets to Oregon-based St.Cousair, Inc., whilst Blake Hill Preserves’ manufacturing facility and retail store are set to be sold separately to an unnamed third […]
USA: Precept Wine & Spirits acquires Miller Family Wine Company brand portfolio
Precept Wine & Spirits, the US-based wine and spirits producer, has acquired the wine brand portfolio of California producer Miller Family Wine Company. The transaction includes brand trademarks, finished goods inventory, bulk wine and private label business. The acquisition adds several Californian labels to the Precept umbrella, including Butternut, the portfolio’s largest-volume brand, Hand on […]
USA: Ferrero to acquire Purely Elizabeth
Ferrero , the Italian sweet-packaged foods company, has signed an agreement to acquire Boulder (CO)-based wellness and better-for-you food business Purely Elizabeth. Founded in 2009, Purely Elizabeth produces a portfolio of granola, oatmeal, cereals and protein products. The company has reportedly more than doubled its sales over the past two years. Following the transaction, Purely Elizabeth […]