USA: Colavita broadens portfolio with Vitelli Foods acquisition
Colavita, a leader in premium Italian specialty foods, has announced the acquisition of Vitelli Foods, the owner of the Luigi Vitelli brand of pasta and canned tomatoes. In a statement, Colavita said the acquisition diversified its offerings and bolstered its position as the third-largest importer of Italian pasta in the US, as well as strengthening […]
USA: Pladis to close Pennsylvania facility
The North American division of global snack firm Pladis has announced plans to close a facility in Mohnton (PA) as part of a restructuring of its manufacturing operations. Founded in 2016, Pladis North America operates as part of Pladis, which owns the Godiva, Flipz and Turtles brands. “This move enables us to focus our resources […]
USA: MNG Brands acquires WellBeing Brewing Company
MNG Brands, a manufacturer of drinks, supplements and skincare products and subsidiary of MNG 2005 Inc, has announced it has acquired WellBeing Brewing Company, a leader in the non-alcoholic beer market, to expand its wellness portfolio. Post-acquisition, WellBeing Brewing Company will introduce beverages infused with tetrahydrocannabinol (THC), broadening its range of functional wellness drinks. Commenting […]
USA: Coca-Cola forays into prebiotic sodas with Simply Pop launch
Coca-Cola, the soft drinks multinational, is making its first foray into prebiotic sodas with the launch of Simply Pop, a new brand line made with 6g of prebiotic fibre for gut health, as well as vitamin C and zinc for immune function. Claimed to contain 25-30% fruit juice from concentrate and to be free from added sugar, […]
USA: PepsiCo to close PopCorners plant
PepsiCo, the US-based food and drink business, has announced plans to close its PopCorners manufacturing plant in Liberty (NY), according to a Food Business News report. “This plant has played a vital role in producing our beloved PopCorners brand, but the pace of growth for this product line paired with broader industry pace of growth […]
USA: Everton acquires Eastern Tea
Italian tea company Everton, owned by Clessidra Private Equity, has acquired the US-based firm Eastern Tea, known for producing tea under the Bromley label as well as supplying private label brands. Headquartered in Tagliolo Monferrato, Everton generated approximately €45 million ($47 million) in revenue during its 2024 financial and has production facilities in Italy, India […]
USA: Celsius Holdings announces $1.8 billion acquisition of Alani Nu
Celsius Holdings, the global drinks firm, has announced it has finalised a definitive agreement to acquire functional brand Alani Nu for $1.8 billion, inclusive of $150 million in tax assets. “This strategic transaction will merge two rapidly expanding brands within the U.S. energy drink market, creating a leading better-for-you and functional lifestyle platform that is […]
USA: Equity fund Ahimsa acquires plant-based pizza company Blackbird Foods
Plant-based private equity firm Ahimsa has acquired Blackbird Foods, a manufacturer of frozen vegan pizzas and wings, seitan and dairy-free cheese, according to a Just Food report. This is Ahimsa’s third acquisition since its founding last year with the purpose of backing and expanding plant-based food business operating in the US. The acquisition will reportedly allow […]
USA: Aldi to sell 170 Winn-Dixie And Harveys stores
Aldi, the German retail giant, has announced the sale of 170 Winn-Dixie And Harveys supermarket stores in the US to C&S Wholesale Grocers, a consortium of private investors. Aldi bought 400 Winn-Dixie And Harveys grocery stores and 170 Winn-Dixie liquor stores in 2023 and plans to convert the remaining 220 Winn-Dixie And Harveys stores to […]
Canada: Walmart invests in stores and supply chain
Supermarket chain Walmart has just announced the investment of C$6.5 billion ($4.5 million) over the next five years to boost growth in Canada. In a press release, the firm said it planned to build dozens of stores all over Canada and five new supercentres in Ontario and Alberta by 2027. A Port Credit Walmart Supercentre is […]