USA: Harmoni to acquire Uncle Matt’s Organic Brand
Dean Foods, the food and beverages company, has announced the sale of Uncle Matt’s Organic Brand to Harmoni. Founded in 1999 by Matt McLean and sold in 2017 to Dean Foods, the juice brand Uncle Matt’s Organic is now being sold to a company created by its founder as well as a team of investors. […]
USA: Coty to sell majority stake of hair care business for $4.3 billion
The global beauty company Coty has announced the sale of the majority stake of its Professional Beauty and Retail Hair Businesses for $4.3 billion to global investment firm KKR. Owner of brands such as Clairol, OPI, ghd, and Wella, Coty is one of the biggest beauty companies making cosmetics, skincare, fragrances, and hair colour products […]
US: Sauer Brands to acquire Chicago Custom Foods
US-based condiments manufacturer Sauer Brands has announced the acquisition of Chicago Custom Foods from private investment firm Highlander Partners for an undisclosed sum. Founded two decades ago, Chicago Custom Foods is a producer of branded seasonings whose portfolio includes Kernel Season and Tasty Shake. Jeff Partridge, Chicago Custom Foods chairman and a Highlander managing director […]
USA: Philadelphia Macaroni to acquire A. Zerega’s Sons
US-based pasta company, Philadelphia Macaron, has announced the acquisition of A. Zerengas’s Sons, for an undisclosed sum. Having opened its first factory in 1848 by Antoine Zerega, A. Zerega’s Sons is a producer of dry pasta for the foodservice channels, industrial ingredient, and retail. With this deal, A. Zerega’s Sons will be wholly owned by […]
USA: Sonoma Brands to acquire Krave Pure Foods
Sonoma Brands, a California-based private equity investor has announced the acquisition of Krave Pure Foods brand from The Hershey Company for an undisclosed amount. Dedicated to the production of protein snacks, Krave Pure Foods portfolio includes Krave Meat Cuts, Krave Pork Rinds, and most recently, Krave Plant-Based Jerky. According to sources, the company expects to […]
USA: Sealaska to acquire minority stake of Barnacle Foods
Sealaska has announced the acquisition of a minority stake in Barnacle Foods for an undisclosed sum. Based in Juneau, Alaska, Barnacle Foods claims to be the first manufacturer of food products such as salsas, hot sauces, pickles, jams, and jellies from bull kelp and other Alaska-grown, harvested and foraged ingredients. Sealaska President and CEO Anthony […]
USA: P&G to launch paper deodorant tube packaging
Leading household and personal care firm P&G has announced the launch of a plastic-free format for its deodorant brands Old Spice and Secret. According to sources, the paper tube packaging uses 90 percent recycled content and is certified by the FSC. The paperboard tube does not contain wax, plastics, BPA, or PFA and has an […]
USA: Kronos Foods to merge with Grecian Delight Foods
The American-based private equity firm Entrepreneurial Equity Partners (“e2p”) has announced the merge between Kronos Foods, one of its portfolio companies and Grecian Delight Foods for an undisclosed sum. Founded in 1974, Grecian Delight Foods is a manufacturer of Greek and Mediterranean inspired cuisine, producing authentic gyros and specialty meats, pitas and flatbreads, hummus and […]
USA: Lidl to open new headquarters and Distribution Centre in Maryland
German discount retailer Lidl, has announced the opening of the new regional headquarters and distribution centre in Cecil, Maryland with a cost of $100 million. With 700,000 square-foot, the facility will create 200 new full-time jobs and it will supply Lidl stores in 5 states. CEO of Lidl US, Johannes Fieber said, “The facility will […]
USA: Private-equity firm Grays Peak Capital to acquire Nosh Foods
Grays Peak Capital, a private-equity firm, has announced the acquisition of Nosh Foods, a US-based organic baby food manufacturer for an undisclosed sum. Founded in 2016, Nosh Foods is a Los Angeles based producer of easy-to-eat and organic baby and toddler food. Jason Becker, CEO of Nosh Foods, said: “We expect this transaction to accelerate […]