USA: Nestle launches “liquid espresso concentrate”
Nestle, the leading FMCG multinational, has announced it is increasing its portfolio in the US with the launch of a “liquid espresso concentrate” line. Promising consumers “the ultimate hack for customizing café-style iced espresso beverages at home”, the company claims its 100% Arabica espresso concentrate can be prepared without brewing or equipment, simply by pouring over […]
USA: Flowers Foods to acquire Simple Mills
Flower Foods, a US producer and marketer of packed bakery food, has announced the acquisition of Simple Mills, a bakery and snacks firm, for $795 million in cash. Founded in 2012, Simple Mills is a provider of health-oriented crackers, biscuits, cakes, snacks bars and baking mixes with operation in Chicago(IL) and Mill Valley (CA). After the […]
USA: TreeHouse Foods completes acquisition of Harris Tea
TreeHouse Foods, a leading manufacturer and distributor of private-label foods and beverages, has announced it has completed its acquisition of Harris Tea for $205 million. The acquisition includes Harris Tea’s manufacturing facilities in Moorestown, New Jersey, and Marietta, Georgia, along with approximately 300 employees. Commenting on the deal, TreeHouse Foods chairman, CEO and president Steve Oakland […]
USA: Wellful acquires Ancient Nutrition
Wellful, a supplements and weight-management business and a Kainos Capital portfolio company, has announced the acquisition of supplements firm Ancient Nutrition from equity funds VMG Partners and Hillhouse Investment. Founded in 2016, Ancient Nutrition has a product portfolio that includes protein and gut health supplements, vitamins & multivitamins, herbs, mushrooms, and greens. It is described as […]
USA: Premium Brands buys three meat brands
Premium Brands, the speciality food business, has acquired meat companies NSP Quality Meats, Casa Di Bertacchi, and Italia Salami for a combined value of $66 million. The three companies together generate around $200 million in annual sales and are described as having facilities in strategic locations across the USA. Casa Di Bertacchi manufacturers both branded and […]
USA: Hain Celestial opens new innovation centre
US natural and organic products company Hain Celestial has announced the opening of an Innovation Experience Center (IEC) in Hoboken, New Jersey in a bid to further develop its food, drinks and personal care brands. The new centre, which features a 2,200 sq m working kitchen intended as “a hub for hands-on creativity and sensory exploration”, is […]
USA: Ziyad Brothers acquires Indo-European Foods
Ziyad Brothers, a provider of Middle Eastern and Mediterranean products and a portfolio company of Peak Rock Capital, has acquired Indo-European Foods (IEF), a US-based ethnic food business, from equity fund Corridor Capital for an undisclosed sum. Founded in 1966, IEF is described as a leading importer and distributor of specialty ethnic foods, offering a diverse portfolio […]
Tradeshow Look Ahead: Leana Salamah, Winter Fancy Food Show 2025
Gama spoke to Leana Salamah, SVP Marketing & Communications, Specialty Food Association, ahead of the latest edition of the Winter Fancy Food Show. What are your expectations for the 2025 edition of the Winter Fancy Food Show? We are all very excited for the 2025 Winter Show! The enhanced focus on emerging trends and new-to-market […]
USA: Paine Schwartz Partners acquires Promix
Paine Schwartz Partners, a private equity firm, has announced the acquisition of Promix, a nutrition and supplements business, Founded in 2014, Promix is known for producing a range of ‘clean’ nutritional products, including supplements, vitamins, meal replacements, and snacks, with a claim of ‘nothing artificial’. The company’s product range, including prebiotics, protein powders, bars, electrolytes, […]
Sweets join the ‘super-protein’ craze
The latest innovation insight from Gama Compass MANCHESTER – 17th December 2024: For our latest Innovation Insight, we return to the omnipresent trend for protein-forward product development, casting a glance at a launch seeking to turn sugar confectionery into a ‘high-fuel’ option – Protein Candy Sweets. Newly launched to the market in North America, and marketed with […]