Mexico: Grupo Bimbo acquires Don Don
Multinational bakery firm Grupo Bimbo has announced that it has entered into an agreement to acquire Slovenian-based bakery group Don Don. Founded in 1994, Don Don is a leading baking brand in southeast Europe, offering sliced bread, rolls and cakes under the Tvojih 5 Minut and Pekarna Grosuplje brands. By acquiring Don Don, Grupo Bimbo […]
USA: 1440 Foods acquires Fitcrunch
1440 Foods, a leading sports and active nutrition business, has announced the acquisition of Fitcrunch, a protein snack firm, from celebrity chef Robert Irvine, Union Capital Associates and its founders. Founded in 2012 by Bakery Barn and Robert Irvine, Fitcrunch is known for high-protein foods like bars, wafers, and powders, with its bars providing up […]
USA: Schuman Cheese acquires Trugman-Nash
Cheese processor Schuman Cheese has announced the acquisition of the Trugman-Nash business from dairy firm Allied Dairy to expand its cheese portfolio. The acquisition includes ownership of Old Croc, a US leader in Australian cheddar, and US distribution rights for Organic Herd British cheddar from the Organic Milk Suppliers Co-operative. Old Croc’s range includes cheddar […]
USA: Meiji invests $28 million to boost Hello Panda snack production
Meiji, the Japanese food and pharmaceutical firm, has announced an investment of $28 million to expand production at its Santa Ana facility, which produces Hello Panda, Yan Yan and Chocorooms biscuits. Founded in 1987, Hello Panda is known for its chocolate cream filling and the panda design on the biscuit shell. In October, Meiji America […]
USA: Valora to invest $100 million to expand pretzel production
Ditsch, a pretzel manufacturer and subsidiary of the Valora Group, has announced a $70 million investment in a new bakery in Cincinnati (OH) to triple pretzel production. Founded in Germany in 1919, Ditsch is described as a manufacturer of soft pretzels including traditional German pretzels, pretzel bites, frozen pretzels, croissants, and pizza snacks, supplying food […]
USA: AB InBev invests $8 million in St. Louis brewery
Leading brewer AB InBev has announced that the company has invested $8 million in its brewery in St. Louis (MS) via US subsidiary Anheuser-Busch. The move will create and sustain jobs and drive economic growth in its hometown, the company said in a statement. The company has invested more than $165 million in its St. […]
UAE: Pure Ice Cream to build a production facility
Pure Ice Cream, a UAE-based ice cream manufacturer, has signed an agreement to build a new ice cream production facility at Dubai Industrial City via an AED80 million ($21.7 million) investment. Pure Ice Cream is the owner of Kwality Global ice cream and the official Gulf Cooperation Council (GCC) licensee for Hershey’s and Reese’s ice […]
Tradeshow Insight: SIAL 2024
The landmark 2024 edition of SIAL, the self-styled “must-attend” biennial event for the food industry, reinforced the show’s central place in the European consumer goods calendar, building on a 60 year run that was marked in both celebratory and contemplative fashion. As the organizers themselves acknowledged, attending SIAL on its 60th anniversary offered visitors a […]
USA: Keurig Dr Pepper to acquire Ghost energy drink brand
Keurig Dr Pepper (KDP), the soft drinks and coffee firm, has announced that it has entered into an agreement to acquire Ghost Lifestyle and Ghost Beverages (collectively “Ghost”) for $990 million. Founded in 2016, Ghost is a brand of sports nutrition products, energy drinks, dietary supplements, and apparel, anchored by its flagship energy drink brand […]
USA: JM Smucker to sell Voortman biscuit brand
US-based food and beverage company JM Smucker has announced that the company is selling its Voortman biscuit brand to Second Nature Brands, a US manufacturer of snacks and treats controlled by CapVest Partners LLP. In a press release, JM Sumcker said the decision to offload Voortman would enable it to reallocate resources to its “core […]