USA: Pernod Ricard to acquire majority stake in Skrewball whiskey
Wine and spirits multinational Pernod Ricard has announced that the company has signed an agreement to acquire a majority stake in Skrewball, a producer of flavoured whiskey Skrewball was founded in 2018 and produces a peanut butter whiskey that is now available in the US, Canada and the Caribbean. “Skrewball has proven its uniqueness and […]
USA: Tillamook to open new ice cream facility in Illinois
Farmer-owned dairy co-operative Tillamook has announced plans to open a new ice cream manufacturing facility in Decatur (IL), in 2024. Tillamook currently operates two facilities in Oregon, mainly dedicated to the production of cheese. The new facility will be the first to focus exclusively on ice cream manufacture. Mike Bever, executive vice president of operations […]
Canada: McCain to invest C$600 million in Alberta facility
Canada-based potato processor McCain has announced an investment of C$600 million (approx. $436.73 million) to double the size and workforce of its processing facility in Alberta. The investment will allow the company to create two new state-of-the-art production lines and achieve its commitments to cut greenhouse gas emissions, McCain said. “The development in Alberta marks our largest […]
USA: Nestle to launch dairy alternative made from broad beans
FMCG giant Nestle has announced plans to launch a new plant-based milk alternative in the US made from a blend of oat and broad (fava) beans. In a press release, the company said the new dairy alternative has strong nutritional value, with 5g of protein per serving and the benefits of amino acids. Claimed to […]
USA: Amazon to reportedly shutter eight Amazon Go stores
US-based retailer Amazon has announced that the company is closing eight of its Amazon Go physical convenience stores, according to a report in Supermarket News. The e-commerce giant has reportedly already closed two Amazon Go stores in Seattle, with plans to close two more in New York City and four in San Francisco by the […]
USA: Altria Group to buy e-cigarette firm NJOY
Altria, the multinational tobacco firm, has announced a definitive agreement to acquire e-cigarette company NJOY Holding for about $2.75 billion in cash. NJOY is described as a leading brand of pod-based e-vapour products with 33,000 retail stores in the US. Commenting on the deal, Altria CEO Billy Gifford said: “We believe we can responsibly accelerate […]
USA: Sweet Harvest Foods acquires Sweet River Honey
Sweet Harvest Foods, the self-proclaimed leader in the US natural sweetener industry, has announced the acquisition of Sweet River Honey, a honey producer based in the state of Texas. In a press release, the firm said the acquisition would add hives and beekeeping experience to its portfolio and enable it to expand its operations. Ken […]
USA: Danone to expand Jacksonville facility to meet RTD coffee, creamer demand
FMCG giant Danone has announced plans to invest up to $65 million over the next two years to create a new bottle production line at its existing facility in Jacksonville, Florida, according to a Food Manufacturing Report. The investment aims to increase production of coffee and coffee creamer products under brands such as International Delight […]
Lentils muscle into breakfast foods
The latest innovation insight from Gama Compass MANCHESTER – 27th February 2023: This month, Gama turns its gaze towards continued advances in on-the-go breakfast foods, examining a launch pushing in-vogue pulses and legumes as a contender to rival oats in the hot cereals category – Lentiful Instant Lentils. New to consumers in the US, Lentiful is […]
USA: Tyson Foods to acquire Williams Sausage Company
US multinational food firm Tyson Foods has announced that the company has signed an agreement to purchase Williams Sausage Company, a producer of fresh and cooked sausages, bacon and sandwiches. Based in Union City, Tennessee, Williams Sausage Company currently has 500 employees and supplies to both retail and foodservice custpmers. Stewart Glendinning, group president, prepared […]