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 […]
USA: Keurig Dr Pepper reformulates 7UP in major brand evolution
Keurig Dr Pepper, the North American beverage company, has unveiled its biggest evolution for soft drink brand 7UP in over 15 years, centering on a lime-led reformulation. The company is debuting 7UP Lime Lemon, bringing a lime-forward taste profile to 7UP Regular, 7UP Zero Sugar, Cherry 7UP, and Cherry 7UP Zero Sugar. Rolling out nationwide […]
USA: Fulton Brewing acquires Bemidji Brewing
Fulton Brewing, the US craft brewer, has announced the acquisition of fellow Minnesota-based producer Bemidji Brewing for an undisclosed sum. Effective from 31st October, the deal builds on a production partnership that began roughly three years ago, allowing Bemidji Brewing to expand production beyond its city centre facility and grow distribution into Duluth and the […]
Canada: Gay Lea Foods invests C$200 million in manufacturing expansion
Gay Lea Foods, the Canadian dairy co-operative owned by approximately 1,200 dairy farmer members, has announced an investment of over C$200 million ($146 million) to expand its Clayson Road manufacturing facility in Toronto. The project marks the first major milestone in the co-operative’s approximately C$450-million ($329 million) Network for Growth strategy, a multi-year investment to […]
USA: Axum Capital Partners to acquire controlling stake in sports drink Barcode
Axum Capital Partners, the US private equity firm, has agreed to acquire a controlling interest in Barcode, a US performance hydration brand. The transaction, which is expected to close during the third quarter of 2026, is described as representing a significant milestone in the brand’s journey. Produced by Drink Barcode, Barcode Performance Water is marketed […]
Canada: Corby Spirit and Wine sells Lamb’s rum brand for C$39.2 million
Corby Spirit and Wine, the Canadian spirits, wine, and ready-to-drink beverage manufacturer, has signed a definitive agreement to sell its Lamb’s rum brand and associated assets for C$39.2 million ($28.1 million). Under the terms of the deal, Maison des Futailles, a subsidiary of Canadian beverage platform Phildan, has acquired the North American rights to the […]
Canada: Kirin to acquire Jamieson Wellness in C$2.5 billion transaction
Jamieson Wellness, the Canadian manufacturer and marketer of vitamins, minerals and supplements, has entered into a definitive arrangement agreement to be acquired by Japanese food, beverage and pharmaceuticals firm Kirin. Under the terms of the transaction, Kirin will acquire all issued and outstanding common shares of Jamieson Wellness for C$45.75 ($33.56) per share in cash. […]