USA: General Mills to sell European dough business to Cérélia
US food giant General Mills has agreed to sell its European dough business to Cérélia, a global leader in ready-to-bake dough solutions. The transaction, which is expected to close by the end of fiscal 2022, includes General Mills branded and private label dough business in Germany, the UK, and Ireland, including the Knack & Back and […]
USA: BlueTriton Brands to acquire Saratoga Spring Water
Natural spring water company BlueTriton Brands has announced the completion of the acquisition of certain assets of Saratoga Spring Water Company (SSWC). Founded in 1872, Saratoga Spring Water Company bottles natural spring water from Saratoga Spring selling throughout the United States and internationally. “We are thrilled to welcome Saratoga Spring Water Company’s products into the […]
USA: Mondelez to invest $122.5 million in facility expansion
Mondelez International, the snack and confectionery multinational, has announced an investment of $122.5 million to expand supply chain operations during the next three years in Virginia. The investment will be used to expand the Richmond Biscuit Bakery by 68,000 square feet, enabling it to house a high-speech Oreo production line, and to open a sales […]
USA: Treasury Wine Estates to acquire Frank Family Vineyards for $315 million
Australian global winemaking and distribution business Treasury Wine Estates has reached an agreement to acquire wine business Frank Family Vineyards for $315 million. Founded in 1992 by Rick Frank, the Frank Family Vineyards has a portfolio of sparkling award-winning luxury hand-crafted wines complementary to Treasury Wine Estates offering. The acquisition includes the Frank Family Tasting […]
USA: The J.M. Smucker to build a $1.1 billion facility in Alabama
The J.M. Smucker has announced the investment of $1.1 billion in a new facility and distribution centre in Alabama to meet the consumer demand. The new manufacturing facility is the third dedicated to the production of Smucker’s Uncrustables brand and will support The J.M. Smucker’s strategy to more than double its current production capacity. The […]
USA: PlantPlus Foods to acquire DEW Drink Eat Well and Sol Cuisine
PlantPlus Foods a provider of plant-based protein products has entered into an agreement to acquire Sol Cuisine and DEW Drink Eat Well. With the acquisition of the two companies, PlantPlus Foods will enhance operations in North America accelerating the growth of the plant-based protein category. DEW Drink Eat Well produces free-from plant-based burgers and sausages […]
USA: The Planting Hope Company announces public listing
Planting Hope Company, a manufacturer of plant-based food and drinks, has announced plans to publicly list on Canada’s TSX Venture Exchange (TSX VE) on the 29th November. Described as a women-managed and woman-led company with a focus on nutrition, sustainability and diversity, Planting Hope Company claims to develop, launch and scale innovative plant-based and planet-friendly food and […]
USA: Hershey to acquire two pretzel companies for $1.2 billion
The Hershey Company has announced the acquisition of two pretzel companies, Dot’s Pretzels LLC and Pretzels Inc for approximately $1.2 billion. Founded by Dot Henke in her home kitchen, Dot’s Pretzels started as a family business creating high-quality homemade pretzels. Pretzels Inc is a co-manufacturer of pretzels for Dot’s Pretzels and other brands, being a […]
Canada: Nature’s Path to buy Anita’s Organic Mill
Nature’s Path, an organic breakfast and snack food company, has acquired a majority stake in Anita’s Organic Mill, a producer of organic flours and baking products. Founded in 1997, Anita’s Organic Mill is said to be one of the most respected millers and manufacturers of organic whole grain flours in Canada, sourcing organic grains from […]
USA: Bobo’s to invest $10 million in new facility
US snack maker Bobo’s has announced it is investing $10 million in a new facility in Colorado. The investment will help Bobo’s to consolidate its two bakeries and warehouse into one building to increase capacity in order to meet growing demand. Along with upgraded manufacturing space, Bobo’s will also expand its staff headcount. By consolidating the facilities, the […]