USA: Target introduces “sustainable” label Everspring
Target, the US grocery retailer, has announced the launch of a new private label personal and homecare line under the Everspring brand name that is “designed with sustainability in mind”. According to a press release from the retailer, the line is composed of more than 70 household essentials such as laundry detergent, cleaners, dish soap, […]
USA: Unilever buys Olly Nutrition
Unilever, the consumer goods giant, has announced that it has reached an agreement to acquire Olly Nutrition, a San Francisco headquartered company that makes vitamins, minerals, and supplements. Olly Nutrition is known for its gummy vitamins and supplements, and also sells protein powders and snack bars. Amanda Sourry, president of Unilever North America, commented: “We […]
Canada: Easton Pharmaceuticals completes acquisition of Supreme Sweets
Easton Pharmaceuticals, a healthcare firm based in Ontario, Canada, has announced it has completed its acquisition of bakery firm Supreme Sweets in a cash and stock deal. Supreme Sweets operates a 40,000 sq ft facility in Toronto, where it produces traditional baked goods, including gluten-free and keto products, which it supplies to major grocery chains […]
USA: Mondelez International makes investment in snack firm Hu
Mondelez, the US confectionery, food, and beverage multinational, has announced that it has made a minority investment in Hu Master Holdings, the owner of both Hu Products and Hu Kitchen, described as a fast-growing US-based snacking company. Hu is described as making minimally-processed, paleo-inspired foods with simple, real ingredients and was created by siblings Jason […]
USA: Cacique to acquire El Sol Foods
Cacique, self-styled as the leading maker of authentic Mexican style cheeses, cremas, and chorizos in the US, has announced the acquisition of specialist salsa firm El Sol Foods for an undisclosed sum. El Sol Foods’ salsas are described as being “handcrafted with fresh produce” using a small batch, cold process for “homemade, authentic Mexican flavors”. […]
USA: Constellation Brands takes minority stake in mezcal firm El Silencio
Constellation Brands, the US wine and spirits firm, has announced it has taken a minority stake in Los Angeles-based mezcal firm El Silencio via its venture capital arm for an undisclosed sum. Available in the varieties Ensamble and Espadin, El Silencio is described as being made using “meticulously picked agaves” which are “roasted, crushed, and […]
USA: Central Valley Meat acquires Harris Ranch beef operations
Central Valley Meat, a meat processor founded in 1993, has announced it is to acquire beef firm Harris Ranch, comprising Harris Feeding Company and Harris Ranch Beef Company, for an undisclosed sum. Harris Ranch Beef is described as California’s largest beef producer and the largest ranch on the west coast of the United States. Its retail […]
USA: Campbell Soup to sell Bolthouse Farms
Campbell Soup, a US producer of canned soups and related products, has announced that it has agreed to sell its organic foods division Bolthouse Farms to an affiliate of private equity fund Butterfly Equity for $510 million. Acquired in August 2012, Bolthouse Farms employs around 2,200 staff and is a leading producer of organic beverages, […]
USA: Taylor Farms buys Earthbound Farm from Danone
Taylor Farms, a maker of salads and fresh foods, has acquired US organic salad business brand Earthbound Farm from international dairy giant Danone for an undisclosed sum. Earthbound Farm is described as the largest producer of organic salads in the US and had annual sales of around $400 million in 2018. In a statement, Taylor […]
USA: Fairlife to build new facility in Arizona
Fairlife, the dairy firm formed as a joint venture between Coca-Cola and Select Milk Partners, has announced plans to expand its manufacturing capacity by building a new production and distribution facility in Goodyear, AZ with a $200+ million investment. The firm said the 300,000 sq ft plant, which is set to begin operations in 2020, […]