USA: Utz Brands buys plant from Benestar Brands
US based salted snack manufacturer Utz Brands has announced that they have purchased a brand-new manufacturing facility in North Carolina from Benestar Brands, with the transaction totaling $38.4 million with $1.3 million in liabilities. According to the company’s statement, the acquisition involved the plant, equipment, and the land where the plant is located. Chief operating […]
USA: Jack Link’s to invest $450 million in Georgia expansion
US based meat snack company Jack Link’s has announced plans to expand with a new manufacturing plant in Perry, Georgia. According to sources, the company estimates an investment of $450 million and the creation of 800 new job positions. Chief executive of Jack Link’s, Troy Link, said “We are excited to partner with the state of Georgia […]
USA: Mondelez to buy Ricolino from Grupo Bimbo
Mondelez International, snack and confectionery multinational, has agreed to pay US$1.3bn for the Mexican confectionery business Ricolino from bakery firm Grupo Bimbo. Ricolino was launched in 1970 and sells snacks and confectionery products including lollipops, marshmallows, chocolates, and gummies under its brand name, and Vero, La Corona, and Coronado brands. According to sources, this acquisition […]
USA: Mars to open new R&D hub in Chicago
Global confectionery giant Mars Wrigley has announced new investment for an approximately $40 million research and development hub that will be adjacent to its innovation centre in Goose Island, Chicago. According to sources, this expansion will make Chicago the largest innovation hub for the company and it will create 30 new jobs in the innovation […]
Canada: Simply Better Brands and Jones Soda to merge
Plant Based and holistic wellness firm Simply Better Brands Corp. and Jones Soda Co, manufacturer and distributor of premium craft beverages, have announced that the two companies have executed a binding letter in which Simply Better Brands will acquire the Jones Soda company and its assets. According to sources, the combination of the two rapidly […]
USA: Patriot Pickle acquires Farm Ridge Foods
US firm Patriot Pickle, a company by private equity firm Swander Pace Capital, has announced the acquisition of the pickle business from distributor Farm Ridge Foods. Patriot Pickle, which is based in Wayne, New Jersey, manufactures and delivers a variety of refrigerated pickles, sauerkraut, and other pickled vegetable products around the US. Farm Ridge Foods […]
USA: Tyson Foods to invest $208m in rendering facility in Alabama
US multinational food firm Tyson Foods is investing $208 million in a new facility in Hanceville, Alabama, closed to the company’s last rendering facility, which was destroyed in a fire last year. According to sources, the new 121,000 sq. ft rendering facility will be serving many of the state’s poultry processors and others in neighbouring […]
USA: Constellation Brands buys remaining stake in Austin Cocktails
Constellation Brands, a leading beverage alcohol company has acquired the remaining interest in ready-to-drink cocktail company, Austin Cocktails, from Austin, Texas. The female-founded Austin Cocktails is said to be rapidly growing and to be famous for its premium, award-winning bottled and canned craft cocktails. According to sources, Constellation Brands’ investment in Austin Cocktails started back […]
Canada: Taylor Farms opens new facility
Leading North American producer of salads and healthy fresh foods, Taylor Farms, has announced the opening of a new facility in Toronto, Canada. According to sources, the new production facility will allow Canadian consumers to have access to Taylor Farms fresh products and, at the same time, it will support local growers and the job […]
USA: Mars Wrigley invests $175 million in manufacturing facility
Global confectionery giant Mars Wrigley has announced the investment of $175 million in the expansion of its chocolate manufacturing facility in Kansas. According to sources, the expansion plans include increasing the production of Snickers products as well as introducing two other confectionery bars to manufacture at the facility: Milky Way and 3 Musketeers. Additionally, it […]