India: Emami to acquire remaining stake in The Man Company for $72.8 million
FMCG major Emami has announced that it will acquire an additional 49.6% stake in men’s grooming brand The Man Company, taking full ownership for $72.8 million. The Man Company offers premium grooming essentials and fragrances including beard products, skincare and haircare products, deodorants, and perfumes, sold through e-commerce platforms and major retail chains. This acquisition […]
UK: Newlat to complete acquisition of Princes
Italian food group Newlat has announced the acquisition of the entire share capital of Princes, the diversified UK food and drinks company. The acquisition, valued at £700 million ($896 million), encompasses all current operations and brands of Princes, which will function as a subsidiary under the newly formed New Princes Group. New Princes Group will double […]
USA: Ferrero-related company to acquire Nonni’s bakery
CTH Invest, a Belgian holding company associated with Ferrero, has announced the acquisition of Nonni’s Bakery from Vestar Capital Partners, a leading US middle-market private equity firm. Founded in 1869, Nonni’s Bakery is described as a manufacturer of premium artisanal biscotti cookies and baked goods specializing in indulgent chocolate and inclusions-enhanced biscotti and “Cantuccini-type” cookies. […]
Germany: GoodLife Foods to acquire Pure Ingredients
GoodLife Foods, a manufacturer of frozen vegetables, has announced that it has entered into an agreement to acquire Pure Ingredients, a leading German manufacturer of halal frozen foods. Pure Ingredients offers branded and private label products and specialises in halal frozen snacks and meal components. The company employs over 200 people across its three production facilities […]
Canada: Valeo Foods acquires maple syrup maker Appalaches Nature
Valeo Foods, the Irish food firm, has announced the acquisition of Appalaches Nature, a Canadian maple syrup business, marking its second acquisition both in North America and in the maple syrup sector. Founded in 2018, Appalaches Nature is a supplier of maple syrup to European, Canadian, and U.S. markets, operating from a 100,000 sq ft […]
Canada: Fresh Hemp Foods buys snack brand The Humble Seed
Fresh Hemp Foods, owner of the Manitoba Harvest brand and a leader in hemp-based foods, has announced the expansion of its wellness foods portfolio with the acquisition of The Humble Seed, a US-based snack brand. Founded in 2022, The Humble Seed is a manufacturer of crackers with “super seeds”, including hemp. The crackers are grain-free, […]
Germany: Muller to build new yoghurt facility
Muller, the German dairy giant, has announced plans to build a 4,500 sq m production facility in Aretsried, Germany for the manufacture of Landliebe yoghurt, specialising in reusable glass jars. The new facility will be equipped with state-of-the-art machinery for filling, sorting, and cleaning the jars, and will increase overall yoghurt production capacity at the […]
Spain: Refresco to acquire Frias Nutrition
Refresco, the independent drinks bottler, has announced that it has entered into an agreement to acquire Frias Nutrition, a leading manufacturer of plant-based drinks and meat substitutes, from Alantra Private Equity and the founding family. Frias, which employs around 250 people, is described as a manufacturer of oat, almond and soy drinks, as well as […]
USA: Morinaga to build $130 million facility in North Carolina
Japanese confectionery firm Morinaga has announced plans to invest $130 million to build a new manufacturing facility in Mebane (NC). Spanning an area of 132,633 sq ft, the new facility will become the company’s second in North America and is projected to create 200 jobs. The new facility is intended to boost production capacity for […]
Tradeshow Look Ahead: Sabine Loos, InterTabac 2024
Gama spoke to Sabine Loos, Managing Director of Westfalenhallen Unternehmensgruppe, ahead of the latest edition of InterTabac. What are your expectations for this edition of Inter Tabac? InterTabac is a real, long-lasting success story and over decades has established itself as a global platform for the tobacco industry. for the forthcoming 2024 edition, the […]