USA: House Foods America to invest in $146.3 million facility
House Foods America, a subsidiary of Japan-based House Foods Group, has announced the investment of $146.3 million in a new tofu facility in Kentucky, USA. The construction of the 350.000 square foot facility is expected to begin next year and be finished by 2025. The new facility will manufacture tofu using US-grown, non-GMO soybeans and […]
USA: Laird Superfood to acquire Picky Bars for $12 million
Laird Superfood, a maker of plant-based packaged beverage products, has entered into an agreement to acquire Picky Bars for $12 million in cash and stock. Founded in 2010 by professional athletes, Picky Bars is a manufacturer of wholesome snacks and breakfast products such as nutrition bars, oatmeal, granola, pancakes, and nut butter. Picky Bars CEO […]
UK: Britvic to acquire plant-based drink business Plenish
Global soft drinks giant Britvic has announced the acquisition of the UK plant-based drink business Plenish, for an undisclosed sum. Founded in 2012, Plenish makes a range of plant-based milks and plant-powered juices from high-quality, organic, and sustainably sourced ingredients. The products are low calories, and free from added sugar and preservatives. The acquisition follows […]
Netherlands: Tony’s Chocolonely to acquire Belgian chocolate maker Althaea-De Laet Int
Tony’s Chocolonely has announced the acquisition of its Belgian chocolate bars manufacturer Althaea-De Laet Int for an undisclosed sum. The acquisition will allow Tony’s Chocolonely to operate its own factory, scale up its manufacturing capacity, innovate faster, and be more flexible in production. Althaea-De Laet Int was founded in 1960 as a family business, manufacturing […]
USA: Green Hygienics to acquire Bohemian Beverage
Green Hygienics Holdings Inc, a company that focuses on the high standard cultivation and processing of industrial hemp and manufacturing of pharmaceutical grade-bioactive cannabinoids, has announced the letter of intent (LOI) to acquire the Bohemian Beverage Co. Bohemian Beverage Co. has a portfolio of twenty beverage brands, including CBD-infused teas, kombuchas, beers, ciders, ready-to-drink cocktails, […]
USA: Unilever to acquire Onnit
Unilever, the Anglo-Dutch consumer goods giant, has announced that the company has reached an agreement to acquire Onnit, a holistic wellness and lifestyle firm based in Austin, Texas. According to Unilever’s press release, Onnit’s supplements are the foundation of the brand’s portfolio, and its products are made with high-quality ingredients to provide benefits such as […]
Greece: CVC Capital Partners to acquire majority stake in Dodoni
Private equity firm CVC Capital Partners VII has announced that it has reached an agreement to acquire a majority stake in Greek dairy company Dodoni from SI Foods Ltd, Dodoni’s majority shareholder. According to CVS Capital Partners’ press release, in 2012, the leading Greek dairy and best-selling Greek Feta PDO brand Dodoni, was privatised and […]
USA: Nestle in discussions to acquire The Bountiful Company
Multinational food and drinks giant, Nestle has announced that it is in discussions to buy all or part of The Bountiful Company. The Bountiful Company is a manufacturer, marketer, and seller of vitamins, minerals, and other specialty supplements and active nutrition products. Majority-owned by private equity firm KKR Co & Inc, The Bountiful Company’s portfolio […]
USA: Tyson Foods to invest $48 million in a facility expansion
Tyson Foods, one of the world’s largest meat firms, announced the investment of $48 million in the expansion of a poultry facility in Arkansas. According to company’s press release, the investment will add extra capacity to the plant’s fully cooked processing lines and will add automated processes to product packing lines. The Pine Bluff facility […]
UK: Real Good Food to sell Brighter Foods to The Hut Group for £43 million
UK-based Real Good Food has announced the sale of its snack bar subsidiary Brighter Foods to The Hug Group for £43 million. Brighter Foods is a manufacturer of healthy snack bars for global confectionery, wellness, and breakfast food brands. The deal will allow Real Good Food to reduce debt, pay some of its pension deficit […]