USA: DFA’s initial plans to acquire Dean Foods called off
Dairy Farmers of America (DFA) has announced that the previously-announced $425 million deal to purchase the Dean Foods business and assets will not go forward.. Dean Foods, the troubled US dairy company, has filed for bankruptcy back in November, after financial difficulties. Subsequently, DFA proposed a deal to acquire 44 facilities and a substantial portion of […]
Canada: Mondias Natural Products to acquire Erablier
Mondias Natural Products, a Canadian-based company specialised in natural health products, has announced the acquisition of Erablier for an enterprise value of C$1 million ($690,000). Based in Quebec, Canada, Erablier is a producer of organic maple water, obtained from sugar extracted from maple tree sap. According to Mondias Natural Products, the acquisition will expand its […]
USA: Myprotein to launch first clear vegan protein shake
Myprotein, UK-based sports nutrition brand, developed a clear plant-based protein shake that will be introduced on the US market, to meet the increased demand for vegan products. According to the manufacturer, the powdered protein shake is sweetened with stevia and monk fruit extracts, being sugar and fat free, and it is available in two flavours: […]
USA: Puration to acquire Hemp4mula CBD Confections
Puration, the US-based CBD infused products company, has announced the acquisition of Kaly’s Hemp4mula CBD Confections business for an undisclosed sum. Focused on the development of a CBD formulation that can treat symptoms associated with chronic obstructive pulmonary disease and other similar respiratory conditions, Kaly is said to have patented a CBD extract that provides […]
USA: PepsiCo to acquire Rockstar Energy Beverages
PepsiCo, the US based drinks and snacks giant, has announced the acquisition of Rockstar Energy Beverages for $3.85 billion. Founded in 2001, Rockstar Energy Beveragesproduces beverages that are designed for those who lead active lifestyles, offering over 30 flavours at convenience and grocery stores in more than 30 countries. Through the deal, PepsiCo is aiming […]
USA: Mondelez International to acquire Give & Go
Mondelez International, the snack and confectionery multinational, has announced an agreement to acquire a majority interest in Give & Go, a US-based in-store bakery company. Give & Go, which owns the brands Two-bite and Create-A-Treat, produces fully finished sweet baked goods that are sold across North America. The firm is said to have a leading […]
USA: Brothers Desserts to acquire Schoep’s Ice Cream
Brothers Desserts, a US company behind brands such as Natural Choice, Absolute Fruit Sorbet and Brothers Ice Cream, has announced the acquisition of Schoep’s Ice Cream, a family owned ice cream company, for an undisclosed sum. Founded in 1928 , Schoep’s Ice Cream started on the back of a Wisconsin grocery store. Today, the company […]
USA: Kind launches nut-based range in major NPD push
Kind, the snack firm in which Mars has a minority interest, has announced a major NPD push that will take the company into the chilled and frozen space, as well as expanding its range of ambient snacks. Describing the product roll-out as “its biggest innovation expansion ever”, Kind said all the new items would be made […]
USA: Hormel to expand manufacturing operations to Nebraska
Hormel, the leading US food manufacturer, is expanding its manufacturing operations to Nebraska with the opening of a new factory in Omaha, according to a Food Business News report. The building, said to be a former distribution centre for the now defunct Shopko retail chain, is set to undergo $60 million of renovations with a […]
USA: Tyson Foods to expand sandwich plant
Tyson Foods, the US firm predominantly active in the meat sector, is said to be investing $27 million to increase capacity at a factory in Caseyville, IL, USA that makes processed foods. The investment will see 100 new jobs created and three new production lines added, enabling Tyson Foods to increase capacity by 16 million […]