USA: Utz Brands to acquire RW Garcia
Utz Brands, the US savoury snack company, has announced the acquisition of crisp maker RW Garcia for $56 million. Founded in 1982, RW Garcia is a family-owned manufacturer of organic gluten-free tortilla chips, crackers and corn chips. The firm has manufacturing facilities located in Nevada and North Carolina. “We expect this strategic acquisition will enable […]
USA: Phillips Distilling to acquire two brands from Beam Suntory
Phillips Distilling, a US spirits brands, has announced the acquisition of the Leroux and Kamora brands from Beam Suntory for an undisclosed sum. The Kamora brand is a coffee liqueur in the US and Canada made with savoury coffee beans infused with vanilla, chocolate and caramel notes. The Leroux brand range comprises 19 varieties of liqueur […]
USA: Coca-Cola to acquire remaining stake in BodyArmor
Coca-Cola, the multinational drinks company, has announced the acquisition of the remaining stake in BodyArmor, a US sports drink, for $5.6 billion. In 2018, Coca-Cola acquired 15% stake in BodyArmor with a path to full ownership. The company will operate as a separate business and maintain its base in New York. “BodyArmor has been a […]
USA: Grupo Bimbo to buy Popcornopolis
Multinational Mexican bakery firm Grupo Bimbo has acquired Popcornopolis from private equity firm NexPhase Capital through its Barcel USA subsidiary for an undisclosed sum. Founded in 2003, Popcornopolis is a California-based manufacturer of ready-to-eat gourmet popcorn snacks, best known for its cone-shaped packaging and indulgent flavours such Zebra, Unicorn, and Doble Drizzle. “We have only […]
Canada: George Weston to sell Weston Foods fresh and frozen business
George Weston has announced it has entered into an agreement to sell its Weston Foods fresh and frozen business to affiliated entities of FGF Brands, a technology-oriented bakery company, for an aggregate cash consideration of C$1.2 billion ($970.6 million). The Weston Foods fresh and frozen bakery businesses serve retail and foodservice customers with packaged fresh […]
USA: Swift Prepared Foods to buy Sunnyvalley Smoked Meats
Swift Prepared Foods, a subsidiary of global meat firm JBS, has reached an agreement to acquire Sunnyvalley Smoked Meats for $90 million. Founded in 1990, Sunnyvalley Smoked Meats is a producer of smoked bacon, ham, and turkey products with gross revenues of $150 million annually. The company’s operates a production facility employing over 300 people. Swift […]
USA: Tyson to invest $61 million in Vicksburg facility
Tyson Foods, one of the world’s largest meat firms, has announced an investment of $61 million in its poultry facility in Vicksburg, MS, according to a FoodBev report. The expansion, which is expected to be completed by next summer, will allow Tyson to increase poultry production capacity and create nearly 50 new jobs. The facility […]
USA: Sauer Brands to acquire Mateo’s Gourmet Salsa
US-based condiments, seasonings, and spices producer Sauer Brands has entered into an agreement to acquire Mateo’s Gourmet Salsa a shelf-stable salsa maker for an undisclosed sum. Founded in 2010 in Texas, Mateo’s Gourmet Salsa is described as one of the US’s leading independent salsa brands, marketing a wide range of salsas positioned as “all-natural”. The […]
USA: Koch Foods to invest $220 million to expand
International poultry processor Koch Foods has announced an investment of $220 million to expand its existing poultry processing facility in Fairfield, OH, according to a Food Business News report The company is said to be planning to build a 402,000 square-foot addition to the north of the existing processing facility, and to create 400 new jobs […]
USA: Dr. Schar to expand facility
Dr. Schar USA has announced a 42,000 square foot expansion of its manufacturing facility in Logan Township to meet increasing demand for gluten-free bread. The New Jersey facility produces gluten-free sliced breads and rolls for the North American market. Founded in Italy, Dr. Schar is a producer of gluten-free food to celiac, gluten sensitive, and IBS consumers, […]