USA: LiveKindly Collective to acquire plant-based company Alpha Foods
Plant-based company Livekindly Collective (LKC) has announced the acquisition of Alpha Foods a company specialized in frozen plant-based meals. The acquisition will allow LKC to increase its footprint in the US market. Alpha Foods is a California-based manufacturer of frozen plant-based meals such us burritos, breakfast sandwiches, chicken nuggets, patties, chicken strips, and wraps, among […]
USA: Seviroli Foods acquires pastamaker Mama Rosie’s
Seviroli Foods, a US food processor owned by Mill Point Capital, has announced the acquisition of Mama Rosie’s, a family-owned manufacturer of frozen pasta products, in order to broaden its portfolio, scale up the business and diversify its customer base. Mama Rosie’s supplies customers in the northeastern US with speciality filled and non-filled frozen pasta, […]
Brazil: Ferrara to acquire Dori Alimentos
Ferrara, the leading US sugar confectionery manufacturer and Ferrero subsidiary, has announced it has signed an agreement to acquire Dori Alimentos, a Brazilian sweets and snacks manufacturer, through its holding company CTH. Dori Alimentos is a family-controlled company backed by an affiliate of ACON Investments with a brand portfolio that includes Dori, Pettiz, Jubes, Gomets, […]
USA: Brynwood Partners acquires Marie’s and Dean’s Dip brands
Private equity firm Brynwood Partners has announced the acquisition of the Marie’s and Dean’s Dip brands from Ventura Foods via its newly-formed portfolio company West Madison Foods. Marie’s is a brand of salad dressings, dips and spreads, and is said to have a strong position in the refrigerated salad dressing space. Dean’s Dip is described […]
Australia: Wide Open Agriculture to open dairy alternative plant
Wide Open Agriculture (WOA), a regenerative food and agriculture company, has announced plans to open a production facility to manufacture oat milk products in Western Australia. The production facility, backed by a A$5 million ($3.3 million) grant and located near an existing pilot plant, will produce-ready to-drink oat milk using WOA’s lupin-based “Buntine Protein”. WOA […]
UK: Iceland to axe Swift convenience store chain
Iceland, the UK frozen food retailer, has announced plans to close its five-strong Swift convenience store chain, according to an article in Retail Gazette. The Swift convenience store model was launched in November 2021 on a trial basis in Newcastle upon Tyne, before expanding to London in March 2022. Unlike its larger format stores, Iceland’s […]
Brazil: Vida Veg invests $2 million in plant expansion
Vida Veg, a Brazilian producer of plant-based foods, has announced that the company is investing R$10 million ($2 million) to expand an existing plant in Lavras, Minas Gerais state. According to sources, the firm is tripling the size of the factory and looking to increase production capacity five-fold, with the aim of establishing capability for […]
USA: Theo Chocolate to merge with American Licorice Co
Theo Chocolate, a US chocolate maker, has announced it is planning to merge with confectionery firm American Licorice Co in order to restructure its operations, which will result in the closure of its Seattle factory and a reduction in staff headcount. In its 18 years of operation, Theo Chocolate said it had transformed from a […]
Ireland: Diageo invests in alcohol-free Guinness production
Alcoholic drinks firm Diageo has announced a €25 million ($28 million) investment in a new facility at its St James’s Gate site in Dublin, Ireland to boost production of alcohol-free stout under the Guinness 0.0 brand. The production facility comprises six 500,000-hectolitre vessels with a total capacity of 90 million pints. The two-storey building houses […]
USA: Kraft Heinz to build $400 million distribution centre
US food giant Kraft Heinz has announced plans to invest $400 million to build one of the largest automated consumer goods distribution centres in North America. The company stated that the 775,000 sq ft facility in DeKalb (IL) will feature national railway access and a “24/7 automated storage and retrieval system. Commenting on the investment, […]