USA: Generous Brands to acquire Health-Ade Kombucha
Generous Brands, a portfolio company of private equity firm Butterfly, has announced that it has signed an agreement to acquire California-based soft drinks firm Health-Ade from fellow equity funds First Bev and Manna Tree Partners . Founded in 2012, Health-Ade positions itself as a producer of “feel-good, bubbly beverages” with gut-health benefits, including kombucha, prebiotic […]
Australia: Jack Link’s acquires meat snack brand Kooee!
Jack Link’s, the US-based meat firm, has announced the acquisition of meat snack brand Kooee via its Australian division Link Foods APAC to expand its premium offering across the Asia-Pacific region. Founded in 2015 in north-west Tasmania by Shaun Malligan, Kooeee! offers a range of beef jerky and meat sticks made from 100% grass-fed beef […]
USA: King’s Hawaiian to invest $54 million in Georgia expansion
Los Angeles-based bakery firm King’s Hawaiian has announced plans to invest $54 million to expand its 150,000 sq ft facility in Oakwood South Industrial Park, creating more than 135 new jobs. As part of the expansion, King’s Hawaiian will add a new production line to manufacture more flavours of its Pretzel Bites. Commenting on the […]
USA: Vilore Foods acquires Tia Lupita Foods
Vilore Foods, the US importer and distributor of the La Costena and Jumex brands, has announced the acquisition of Mexican food brand Tia Lupita Foods. This acquisition marks Vilore Foods’ entry into the natural foods sector, broadening its portfolio with Tia Lupita Foods’ gluten-free, non-GMO and preservative-free products, including signature hot sauces, grain-free cactus tortilla […]
Canada: Lactalis to close Sudbury facility, exit dairy alternatives
The Canadian division of dairy giant Lactalis has announced it plans to close its plant-based beverage facility in Sudbury, Ontario, in the process withdrawing entirely from dairy alternatives. Originally a dairy plant established in 1962, the site was converted to a fully plant-based operation in 2022 and reopened in June 2024 as the company’s first […]
USA: Ferrero to acquire WK Kellogg
Confectionery firm Ferrero has announced that it has entered into a definitive agreement to acquire WK Kellogg, the US breakfast cereal manufacturer, for $3.1 billion. Commenting on the move, Ferrero Group executive chairman Giovanni Ferrero said: “Over recent years, Ferrero has expanded its presence in North America, bringing together our well-known brands from around the […]
USA: Lactalis to invest €75 million in New York facilities
The US-based subsidiary of French dairy giant Lactalis has announced it will invest more than $75 million to upgrade its Walton and Buffalo facilities in New York state, expanding capacity and efficiency. The investment at the two sites, which process over 800 million lb (36o million kg) of raw milk annually, will retain over 800 […]
USA: Tyson Foods announces $23.5 million upgrade for Kentucky site
Tyson Foods, the leading US meat firm, has announced a $23.5 million investment to expand and modernise its poultry facility in Robards, in Kentucky’s Henderson County . The project is expected to support the retention of over 1,100 jobs and will include new equipment and infrastructure upgrades aimed at boosting production capacity and product diversity. […]
USA: L’Oreal to acquire fast-growing haircare brand Colour Wow
International cosmetics firm L’Oreal has agreement to acquire Colour Wow, a professional haircare brand founded in 2013 by Gail Federici. Operating across the US and UK, the brand is reportedly known for its high-performance formulas and products such as Dream Coat and XL Bombshell Volumizer, and is available in selective retail and e-commerce platforms, as well […]
USA: Bubbies Ice Cream acquired by Marubeni
Bubbies Ice Cream, a Hawaiian firm best known for mochi ice cream, has been acquired by by Marubeni, a leading Japanese trading and investment firm. Founded in 1985, Bubbies Ice Cream is described as being known for its premium positioning and unique flavours, recently venturing into a new frozen category with its Mini Ice Cream […]