Canada: AB InBev to launch Corona Sunbrew a non-alcoholic beer with vitamin D
AB InBev-owned beer company Corona is launching Corona Sunbrew an innovative non-alcoholic beer which vitamin D. The ‘innovative, first-of-its-kind, non-alcoholic beer’ is said to contain 30% of the daily value of vitamin D in 330ml serving. The new Corona Sunbrew beer is made by extracting alcohol from Corona Extra and then blending the non-alcoholic beer […]
Netherlands: Schouten Europe to buy Nijland Food
Dutch family business of meat and alternative products, Schouten Europe, has announced the acquisition of Nijland Food from Goor, which recently declared bankruptcy. Both companies have been working together for twelve years, Nijland has been packaging products for Schouten and has also produced some Schouten products. According to sources, the acquisition of Nijland does not […]
USA: JM Smucker to sell natural beverages and grain business
US food and beverages manufacturer JM Smucker has entered into an agreement to sell its natural and organic beverage and grains businesses to Nexus Capital for $110 million. The sale includes assets of RW Knudsen and TruRoots brands, a licensing agreement for Santa Cruz Organic beverages and manufacturing facilities in Chico, California, and Havre de […]
USA: The Urgent Company to acquire Coolhaus ice cream
Perfect Day a subsidiary of The Urgent Company has announced the acquisition of US-based ice cream maker Coolhaus and announced plans to turn it into an animal-free brand. Coolhaus is a leading women-owned ice cream brand and a pioneer in dessert innovation and novelties with its thoughtfully-crafted, super-premium, and innovative ice cream and plant-based frozen […]
Finland: Fazer to acquire plant-producer Trensums Food
Fazer, the leading Finnish bakery and confectionery firm, has announced the acquisition of the Swedish plant-based drink producer Trensums Food from Profuragruppen for an undisclosed sum. Trensums Food is a growth company and a leading oat drink producer in Europe, the company was the first in the world to commercially produce oat drinks selling its […]
USA: Hain Celestial to acquire That’s How We Roll brands
Hain Celestial, a North American organic and natural products company, has announced that it has entered into an agreement to acquire That’s How We Roll brands, ParmCrisps and Thinsters, for approximately $259 million. ParmCrisps and Thinsters are better-for-you brands made of simple ingredients. While ParmCrisps are high-protein, low-carb cheese crisps and snack mixes, Thinsters are […]
Milk alternatives bet on the power of potato
The latest innovation insight from Gama Compass MANCHESTER – 16th December 2021: This month’s Innovation Insight shines a spotlight on a launch looking to shake up the dairy alternatives category through the power of the humble potato – Dug Potato-Based Milk. Recently launched by Sweden’s Veg of Lund and positioned as “the most sustainable alternative” to […]
Italy: JBS to acquire King’s Group and Principe charcuterie brands
Global protein-based food company, JBS, has entered into an agreement to acquire King’s Group by its subsidiary Rigamonti. The deal will help JBS to strengthen its presence in the United States and Europe. With an investment of €82 million (US$ 92.5 million), the company acquires four plants in Italy and the entire operation of Principe […]
Indonesia: Yili Group to open a new facility in Indonesia
Asian dairy producer has opened a $139 million ice cream facility which will become the country’s largest ice cream factory in Indonesia. The facility will have a daily production capacity of four million ice cream to meet the increasing demand for Joyday ice cream products, and it is expected to create more than 5,000 new […]
Germany: Kraft Heinz to acquire majority stake in Just Spices
Multinational food company The Kraft Heinz Company has announced the acquisition of an 85% stake in German-based company Just Spices for an undisclosed sum. According to sources, the remaining 15% ownership stake in Just Spices will be retained by its three founders who will remain with the company once the acquisition is complete. Founded in […]