Canada: GFI to acquire plant-based milk and snack brand YoFiit
Global Food and Ingredients (GFI) has announced the acquisition of Your Fitness Dish, a premium plant-based milk, and snack food company operating under the YoFiit brand. YoFiit is a manufacturer of high protein plant-based milk made with chickpeas, pea protein, and flax oil, and high protein plant-based and low sugar bars and granola. “We are […]
Switzerland: Aryzta to double Malaysian bakery capacity
International bakery company Aryzta has doubled its manufacturing capacity in Malaysia by acquiring the bakery, equipment, and the corresponding land of co-manufacturer De-Luxe Food Services from Envictus International Holdings. The option to acquire the assets was part of the original agreement with Envictus, and it doubles the company’s manufacturing capacity in breads, buns, and pastries, […]
Ireland: Ornua to expand offering in Middle East and Africa
Ornua, the Irish dairy cooperative, has announced plans to expand its product offering into the Middle East and Africa. The company has announced the launch of Kerrygold butter sticks, in Saudi Arabia, Kuwait, and Jordan. The dairy product is made from the milk of grass-fed cows and offered in a format of 100g. Ornua will […]
Denmark: Dagrofa Group to invest in network expansion
Dagrofa Group, the parent company of Spar Denmark, has announced the investment of DKK 450 million ($68.35 million) over the next three years in three of its retail chains, including Spar Denmark. The plan includes the development of a new retailer model to attract more independent retailers, where the new license model will be based […]
Canada: Above Food to acquire Sonic Milling Systems
Canadian plant-based company Above Food, has announced the acquisition of Sonic Milling Systems, a food technology company focused on developing processing techniques for plant-based ingredients and products. Sonic Milling uses water and pressure to create microscopic air bubbles capable of breaking apart a diverse range of ingredients such as grain, pulses, fruits, and vegetables into […]
Turkey: Azelis to acquire ingredient manufacturer Tunçkaya
Azelis, a leading provider of food and chemical ingredients, has announced the acquisition of Tunckaya, a distributor of food ingredients and additives in Turkey. According to Azelis’ press release, the acquisition strengthens its position in the fast-growing Turkish market for food. “We’re very happy to bring Tunçkaya into the Azelis family. Their strong relationships in […]
Pakistan: FrieslandCampina Engro Pakistan to launch Pakistan–Netherlands Dairy Development Centre
FrieslandCampina Engro (FCE) has announced the launch of the Pakistan-Netherlands Dairy Development Centre in collaboration with the University of Veterinary and Animal Sciences. According to the company’s press release, the centre will focus on sharing Dutch dairy expertise with Pakistani experts and decision-makers in dairy research and the dairy industry. The centre will offer conferences, […]
USA: Heaven Hill to acquire Samson & Surrey
Heaven Hill, a large, independent, family-owned, and operated distilled spirits supplier, has acquired Samson & Surrey a premium spirits company, owner of a wide portfolio of craft whiskey brands for an undisclosed sum. The acquisition expands Heaven Hill’s portfolio with six high-growth, super-premium brands, Tequila Ocho, Widow Jane American Whiskey, FEW Spirits, Brenne French Whisky, […]
Switzerland: Nestle Health Science to acquire majority stake in Orgain
Nestle Health Science, a business unit of Nestle SA, has acquired the majority stake in Orgain, a leading company in the plant-based nutrition business. According to Nestle’s press release, the acquisition will complement Nestle Health Science’s portfolio of nutrition products. Founder in 2009, Orgain makes protein-based shakes, powders, and snacks based on the belief that […]
USA: Benestar Brands to acquisition 4505 Meats
Leading salty snacks company with operations across the US and Mexico, Benestar Brands, has announced the acquisition of pork rind producer 4505 Meats. The acquisition will expand the wide portfolio of brands that Benestar owns in the snack category. 4505 Meats offers keto-friendly and paleo-certified meat snacks that it says are made prioritizing quality and […]