USA: AUA Private Equity Partners acquires Weaver Holdings
AUA Private Equity Partners, a private equity fund, has announced the acquisition of Weaver Holdings, a leading popcorn producer, for an undisclosed sum. Founded in 1928 and headquartered in Indiana, Weaver Holdings is described as the leading independent popcorn producer in the United States, offering popping corn, microwave popcorn, and ready-to-eat popcorn under the Pop […]
USA: Wickles Pickles brand purchased by Fenwick Food Group
Wickles Pickles, an Alabama-based producer of pickles and spreads, has been acquired by Fenwick Food Group, a division of Fenwick Brands Inc that acts as an operating platform for food brands. Wickles Pickles was founded in 1998 and is claimed to offer a unique flavor profile and robust product offering. Fenwick Food Group described the investment […]
USA: WK Kellogg launches Eat Your Mouth Off cereal brand
WK Kellogg, the US breakfast cereal manufacturer that was spun off from Kellogg’s (now Kellanova) last year, has announced its first major piece of NPD with the launch of the Eat Your Mouth Off brand. Claimed to offer 22g of plant-based protein, no sugar, and 2g of net carbs or less per serving, Eat Your […]
USA: Systm Foods acquires Humm kombucha brand
Systm Foods, a joint venture between brand accelerator Systm Brands and FMCG investment firm Ground Force Capital, has acquired drinks firm Humm for an undisclosed amount. Founded in 2009, Humm makes what is said to be the first and only Whole 30-approved kombucha. It will be added to the Systm Foods portfolio alongside fellow plant-based […]
USA: Danone to sell Horizon Organic and Wallaby Organic dairy brands
Danone, the French consumer goods giant, has signed an agreement to sell the Horizon Organic and Wallaby dairy brands to US-based investment firm Platinum Equity for an undisclosed sum. Established in 1991, Horizon Organic offers USDA-certified organic dairy products ranging from milk and creamers to yoghurt, cheese, and butter. Australian brand Wallaby Organic specializes in […]
USA: Unilever to acquire haircare brand K18
Unilever, the FMCG multinational, has announced that it has signed an agreement to acquire US haircare brand K18 for an undisclosed sum. Founded in 2020 by Suveen Sahib and Britta Cox, K18 is described as bridging the gap between beauty & biotech with six haircare solutions targeting hair damage. K18 is distributed through professional salons, […]
USA: DayDayCook acquires Yai’s Thai
DayDayCook (DDC), a self-proclaimed content-driven consumer food brand, has announced that it has entered into an agreement to acquire Yai’s Thai, a leading US Thai food brand, for an undisclosed sum Founded in 2014, Yai’s Thai offers Thai-inspired pantry essentials, such as curries and stir-fry sauces. Commenting on the acquisition, DDC’s founder and CEO Norma […]
USA: PepsiCo to build $90 million snack facility in Vietnam
PepsiCo, the global snacks and drinks giant, has announced plans to build $90 million snack facility in Vietnam to supply both the Vietnamese and Cambodian markets. The new 80,000 sq m facility will be built in Dong Van I Expanded Industrial Park in the Ha Nam province and is expected to produce over 23,000 tonnes […]
USA: King’s Hawaiian to build $200 million Indiana baking plant
Los Angeles-based bakery firm King’s Hawaiian has announced plans to invest $200 million to build a manufacturing facility in Taylorsville, IN. According to a report in Food Business News, the company has purchased 88 acres and plans a 300,000-square-foot facility to be built in phases, with the first phase creating 125 to 150 jobs. “We are […]
USA: Chobani to acquire La Colombe
Chobani, the leading US greek yoghurt firm, has announced the acquisition of La Colombe, an American coffee roaster, for $900 million. Founded in 1994, La Colombe is described as crafting premium roasts from bean to cup, reaching consumers through retail stores, cafes, food service providers, and direct-to-consumer platforms. The deal comes a matter of months […]