Canada: Lactalis Canada to acquire Agropur’s fine cheese business
Lactalis Canada, the Canadian dairy leader, has reached a definitive agreement with Agropur to acquire the assets of its fine cheese division. Under the terms of the agreement, Lactalis Canada will acquire Agropur’s fine cheese import activities, two production facilities in Oka and Saint-Hyacinthe, Quebec, and renowned brands including OKA, Monsieur Gustav and L’Extra. The […]
USA: Poulter Family Wines completes acquisition of Constellation Brands assets
Poulter Family Wines, the family-owned New Zealand wine and beverage business, has completed its acquisition of a selection of wine brands and assets from Constellation Brands. According to the company, the transaction returns the Selaks brand alongside seven other brands to local ownership. The deal also incorporates a 10,000-tonne winery and vineyards in Hawke’s Bay. […]
USA: Horse Soldier Bourbon opens Kentucky distillery
Horse Soldier Bourbon, the US spirits brand backed by Californian wine and spirits company Gallo, has opened its new $200 million American Freedom Distillery in Somerset (KY). Named Horse Soldier Farms, the 240-acre site near Lake Cumberland officially opened on the 4th July. The development includes the 50,000 sq ft American Freedom Distillery, The Outpost retail store, […]
USA: Trek One Capital acquires No Cow and Good Karma Foods
Trek One Capital, the US investment firm, has completed the acquisition of No Cow, a US manufacturer of plant-based protein bars, and Good Karma Foods, a US producer of flax-based non-dairy milk. According to Trek One Capital, No Cow offers low-sugar, dairy-free protein bars, whilst Good Karma Foods produces nutrient-rich flaxmilk. Both brands distribute their […]
USA: Mars to close Nature’s Bakery plant in Missouri
Mars, the snacks and confectionery company, has announced plans to permanently close its Nature’s Bakery manufacturing plant in Hazelwood (MO). According to a local government Worker Adjustment and Retraining Notification (WARN) filing, the shutdown will take place by September 2027 and will result in the elimination of 345 jobs. The layoffs will be executed in two […]
USA: Henkel expands hair care presence with Olaplex acquisition
Henkel, the German consumer goods giant, has completed the acquisition of premium hair care brand Olaplex. Following the fulfilment of all closing conditions and required regulatory approvals, the brand is now fully part of Henkel’s consumer brands business. Olaplex is a premium channel hair care brand with a science-led portfolio spanning professional hair care community channels, […]
USA: Coty signs agreement for early transition of Gucci Beauty license
Coty, the USA-based beauty company, has entered into an agreement to transition the Gucci Beauty license back to Kering for a consideration of approximately $400 million. Under the terms of the agreement, Coty will continue to operate the Gucci Beauty brand until at least 30th June 2027, ending the license approximately one year ahead of […]
USA: ACON Investments partners with Fini to acquire YumEarth
ACON Investments, the US private equity firm, has acquired a controlling stake in YumEarth, the US organic confectionery brand, for an undisclosed sum. The acquisition was supported by industry partner Fini, the Spain-headquartered confectionery manufacturer, which will also hold an ownership stake in the business. Founded in 2007, YumEarth specialises in allergy-friendly candy made with […]
USA: Kroger to acquire Giant Eagle
Kroger, the US retail giant, has signed a definitive agreement to acquire regional competitor Giant Eagle, a US food and pharmacy retailer, in a transaction valued at $1.65 billion. According to a company statement, the transaction consists of $1.25 billion in cash consideration alongside the assumption of approximately $400 million in outstanding liabilities. The deal, […]
USA: Coca-Cola to finally close Massachusetts bottling plant
Coca-Cola, the global beverage giant, is set to finally close its bottling facility in Northampton (MA) by the end of this year. The planned closure will result in the layoff of 175 workers, with the job cuts expected to take place in August and November. The Northampton plant is responsible for producing the company’s non-carbonated […]