USA: V&V Supremo Foods acquires Mill Creek Cheese
Hispanic food business V&V Supremo Foods has announced the acquisition of family-owned cheese producer Mill Creek Cheese. V&V Supremo Foods was founded in 1964 and produces Mexican cheese, crema and chorizo, and owns the Chihuahua quesadilla cheese brand. Founded in 1891, Mill Creek Cheese is described as the oldest family-owned cheese plant in Iowa County, Wisconsin. […]
USA: Del Monte Foods acquires Kitchen Basics
Del Monte Foods, the US food company, has announced the acquisition of cooking aids firm Kitchen Basics from McCormick. Kitchen Basics was founded in 1996 and has an extensive portfolio of ready-to-use stocks and broths, and is currently the market leader in the US. Greg Longstreet, president and CEO of Del Monte Foods, said: “Del […]
USA: Colgate-Palmolive to acquire three plants from Red Collar Pet Foods
FMCG giant Colgate-Palmolive has announced plans to acquire three dry pet food manufacturing plants in the US from Red Collar Pet Foods for $700 million. According to Colgate-Palmolive, the acquisition aims to support the global growth of its Hill’s Pet Nutrition business and includes the transfer of approximately 350 employees. The manufacturing plants – in […]
USA: Kroger announces opening of new fulfilment centre
Kroger, one of US’s largest grocery retailers, has announced that they are opening a new Customer Fulfilment Centre in Dallas, Texas, powered by the Uk’s Ocado group. According to sources, the centre will utilise automated robotics technology to improve customer experience. It is part of Kroger’s delivery network, with more than 1,000 bots traversing a […]
USA: PepsiCo invests $550 million in Celsius Holdings
PepsiCo, the leading US consumer goods firm, has announced a distribution agreement and the acquisition of $550 million stake in energy drink company Celsius Holdings at the price of $75 per share, corresponding to 8.5% ownership of the company. Celsius is a US global consumer packaged goods company that produces lifestyle energy fitness drinks. With this […]
USA: Carolina Foods to open new facility in Pineville
Carolina Foods, a bakery and pastry manufacturer, has announced it is building a new manufacturing facility in Pineville, NC. According to sources, the new facility will cover an area of 423,000 sq ft and will be operational by 2023. Commenting on the move, Carolina Foods CEO Dan Myers said: “In addition to being twice the size of […]
USA: PepsiCo announces plant expansion
FMCG giant PepsiCo has announced the acquisition of 152 acres of land in the Denver Development Area that will be used for a new 1.2 million sq ft manufacturing facility. According to sources, the new plant will be PepsiCo Beverages North America’s largest and most sustainable. The new facility will replace a manufacturing plant in the […]
USA: J.M. Smucker sells Red River Cereal to Arva Flour Mills
US-based food and beverage company JM Smucker has announced it has sold its breakfast cereal line Red River Cereal to Ontario-based firm Arva Flour Mills for an undisclosed sum. According to sources, JM Smucker had revealed in 2020 that the company was going to sell businesses that were not aligned with their “long-term strategy focus”. […]
Canada: Royal Unibrew to acquire Amsterdam Brewery
Denmark-based brewing and beverage firm Royal Unibrew has announced that it came into an agreement to acquire the entirety of the Toronto-based company Amsterdam Brewery Co. Ltd., a Canadian craft brewing company with a normalised revenue of around CAD$34 million ($26.4 million). According to sources, the acquisition of the company will bring Royal Unibrew more […]
USA: Tyson Foods invests in Mississippi plant
US multinational food firm Tyson Foods has announced that the expansion of its Forest, Mississippi plant is now complete. According to sources, the facility’s expansion covers the chicken-related production capacity due to the increase in demand for protein. The expansion provides new automation technology and capacity designed for higher efficiency processing of chickens for both […]