USA: Cedar’s Foods nears completion of new facility
Cedar’s Foods, a US producer and co-manufacturer of hummus, has announced it is completing a new 125,000 sq ft facility to produce Mediterranean foods at its base in Ward Hill, MA. The company said the new $100 million facility would enable it double its total annual production output to 208 million pounds. Commenting on the […]
USA: Falfurrias Capital Partners acquires CF Sauer
Falfurrias Capital Partners, a private equity firm based in Charlotte, NC, USA. has announced it has signed a definitive agreement to acquire CF Sauer, a maker of condiments, spices, seasonings and extracts sold through the retail and foodservice channels. With manufacturing facilities in Richmond, VA, Greenville, SC, New Century, KS, and San Luis Obispo, CA, […]
USA: Coca-Cola to invest in Ethiopia
Coca-Cola, the US-based soft drinks giant, is planning to expand its presence in sub-Saharan Africa with a five-year, $300 million investment in Ethopia, according to a report in Food Business Africa. The additional investment forms part of an existing project through which the company will establish a new $70 million plant in Sebeta for the […]
USA: KraftHeinz launches Fruitlove “spoonable smoothie”
Kraft Heinz, the third-largest food and beverage company in the USA, has announced the launch of Fruitlove, a new brand of smoothie that can be eaten with a spoon. Said to combine the benefits of creamy yogurt and real fruit and vegetables, Fruitlove Spoonable Smoothie comes in single-serve plastic pots and is said to provide […]
USA: Mondelez acquires Perfect Snacks
Snacks and confectionery multinational Mondelez has announced an agreement to acquire a majority interest in Perfect Snacks, a California-based company described as a “pioneer” in the refrigerated nutrition bars segment. Founded in 2005, Perfect Snacks markets a range “fresh-from-the-fridge” protein snacks, made from plant-based ingredients such as nuts and fruit as well as 20 organic […]
USA: Pernod Ricard adds bourbon to portfolio with Rabbit Hole deal
Pernod Ricard, the world’s number two wine and spirits firm, has announced it is re-entering the bourbon whiskey space with the acquisition of a majority share in Rabbit Hole, a Lousville, KY whiskey maker. The deal will see Rabbit Hole added to Pernod Ricard’s New Brand Ventures portfolio of speciality brands that includes Smooth Ambler […]
USA: SC Johnson announces Sun Bum deal
SC Johnson, the privately held US manufacturer of household cleaning products, has announced it has reached a deal to acquire Sun Bum, a manufacturer of sun protection, hair care, lip care and other personal care products. “The Sun Bum brand is a welcome addition to our portfolio of trusted products”, said SC Johnson chairmain and […]
USA: Tyson Foods forays into meat alternatives
Tyson Foods, the US meat firm, has announced its first major foray into plant-based foods with the launch of its new Raised & Rooted brand, and a range of vegetarian and blended products. The initiative makes Tyson Foods the largest US meat producer to enter the alternative protein segment with its own products, the company said in […]
Canada: Genuine Health acquires skincare brand Basd
Genuine Health, a Canadian supplements company, is making what is said to be its first acquisition in its 26 year history with the purchase of natural skincare firm Basd for an undisclosed sum, according to an article in Beauty Independent. The Basd lineup comprises around 10 products including body wash, body lotion and an exfoliating […]
USA: Unilever to acquire skincare brand Tatcha
Unilever, the Anglo-Dutch consumer goods giant, has announced it has reached a deal to acquire the US skincare brand Tatcha for an undisclosed sum. The firm described Tatcha as a modern skincare brand rooted in classical Kyoto rituals, adding that it had become a cult favourite by introducing Japanese skincare to other parts of the […]