USA: JM Smucker to offload Cloverhill and Big Texas brands to JTM Foods
US food and beverages manufacturer JM Smucker has announced that it has entered into an agreement to sell its Cloverhill and Big Texas bakery brands, as well as certain private-label products, to ready meals firm JTM Foods for $40 million. As part of the deal, relevant trademarks and licences, the company’s manufacturing facility in Chicago […]
USA: Molson Coors enters into partnership with Fever-Tree
Molson Coors, the US brewer, has announced it has secured exclusive rights to produce, market, sell, and distribute the Fever-Tree brand of tonics, ginger beers and mixers in the US as of February 2025. As part of the deal, Molson Coors will also acquire an 8.5% stake in Fever-Tree for $88.3 million, making it the company’s second-largest […]
USA: Diageo unveils plans for Alabama manufacturing and warehousing facility
Alcoholic drinks giants Diageo has announced plans to open a new 360,000 sq ft manufacturing and warehousing facility in Montgomery, in the US state of Alabama. The $415 million facility will have a multi-million case annual production capacity for Diageo’s leading beverage alcohol brands, enhancing the North America supply chain and supporting future growth for exports, the […]
USA: Cargill to close turkey facility in Arkansas
Cargill, the global food and agribusiness firm, has announced the closure of its turkey processing plant in Springdale (AR), effective as of 1st August. Built in 1965, the Springdale plant produces fresh and frozen whole turkeys, bone-in turkey breasts and case-ready turkey products. “This was not an easy decision to make given the impact on […]
USA: Ferrero acquires protein snack firm Power Crunch
Confectionery firm Ferrero has announced that it has entered into an agreement to acquire protein snack company Power Crunch from Bio-Nutritional Research Group. Founded in 1996, Power Crunch offers a variety of protein-enhanced products, including snack bars, whey protein powder, and protein crisps, a newly-launched alternative to crisps. Commenting on the move, Ferrero North America president & […]
USA: Calbee to open R&D centre in Caliornia
The US subsidiary of Japan-based food major Calbee has announced the opening of a new R&D innovation centre in Madera (CA). “Planned to help the company grow in double digits annually by accelerating innovation and product development, the facility will support the team in bringing Asian-flavored offerings to the mainstream marketplace and expanding Harvest Snaps’ presence […]
USA: Safety Shot to acquire Yerbae Brands
Safety Shot, a wellness and dietary supplement company, has announced that it has entered into an agreement to acquire Yerbae Brands, a plant-based energy drink firm. Founded in 2017, Yerbae Brands offers plant-based energy drinks based on yerba mate that are claimed to be zero calorie, zero sugar, non-GMO, vegan, kosher, keto-friendly, paleo-approved, gluten-free, and […]
Canada: BioSteel to open first manufacturing facility
BioSteel, a Canadian sports drink and nutrition firm, has announced the opening of its first dedicated manufacturing facility, located in Windsor, Ontario. Founded in 2009 and acquired by Coachwood Group in 2023, BioSteel offers sports drinks, hydration mixes and protein powders for both consumers and professional athletes. According to sources, the manufacturing facility will manufacture powders and […]
USA: Nestle expands Vital Pursuit line with Max Pro frozen pizza
Nestle, the Swiss consumer goods giant, has announced the launch of Max Pro, a line of frozen pizza in the USA under the Vital Pursuit brand umbrella. The new pizzas contain 33g of protein and 17g of fibre per serving and are available in Cheese Lovers and Chicken Mozzarella varieties with a suggested retail price of […]
USA: Midas Foods Acquires JM Exotic Foods
Midas Foods, a sauces and seasonings maker, has announced the acquisition of JM Exotic Foods, a leader in spices, seasonings, and specialty foods. The company said the acquisition aligned with its strategy to establish a national manufacturing footprint and broaden its offerings to include retail packaging, shaker bottles, and more. JM Exotic Foods’ brand range includes Sure […]