France: Unilever acquires toothpaste brands from P&G
Unilever, the consumer goods giant, has announced it has signed an agreement to acquire the Fluocaril and Parogencyl oral care brands from P&G, the US FMCG multinational. Fluocaril and Parogencyl are described as therapeutic brands sold in the pharmacy channel, mostly in the Spanish and French markets. Fluocaril offers oral care solutions specialising in protection […]
USA: Central Valley Meat acquires Harris Ranch beef operations
Central Valley Meat, a meat processor founded in 1993, has announced it is to acquire beef firm Harris Ranch, comprising Harris Feeding Company and Harris Ranch Beef Company, for an undisclosed sum. Harris Ranch Beef is described as California’s largest beef producer and the largest ranch on the west coast of the United States. Its retail […]
USA: Campbell Soup to sell Bolthouse Farms
Campbell Soup, a US producer of canned soups and related products, has announced that it has agreed to sell its organic foods division Bolthouse Farms to an affiliate of private equity fund Butterfly Equity for $510 million. Acquired in August 2012, Bolthouse Farms employs around 2,200 staff and is a leading producer of organic beverages, […]
UK: New World Foods acquires Meatsnacks Group
New World Foods, an Australian-based meat jerky firm, has acquired UK peer Meatsnacks Group for an undisclosed sum, according to a Just Food report. New World Foods markets the Mariani and Local Legends brands of meat jerky in its native Australia, as well as Japan, South Korea and the UK through channels including supermarkets, food retailers, […]
Biscuits double up for flavour innovation
The latest innovation insight from Gama Compass MANCHESTER – 15th April 2019: For this month’s Innovation Insight, we look at the rise of ‘two in one’ concepts in the bakery category. Under the spotlight is a recent launch from Fox’s Biscuits that aims to add distinctive ‘double flavour’ variety to the biscuit aisles – Fox’s Double […]
Netherlands: Consortium acquires Wessanen in €885 million deal
Dutch food business Wessanen, the owner of brands such as Kallo, Whole Earth, Bjorg and Mrs Crimble’s, has announced it has been acquired by a consortium comprising the private equity firm PAI Partners and Charles Jobson (Wessanen’s largest shareholder) for a total consideration of around €885 million ($996 million). The acquisition will enable Wessanen to […]
Italy: Granarolo acquires majority stake in Venchiaredo
Granarolo, an Italian dairy company based in Bologna, has announced it is acquired a majority stake in Venchiaredo, a specialist maker of stracchino cheese. Founded in 1968, Venchiaredo has a product range that includes Venchiaredo stracchino cheese, Friulan stracchino, and Venciaredo Fresh. The company reported turnover of €26.9 million ($30.42 million) in 2018, up 18% […]
USA: Taylor Farms buys Earthbound Farm from Danone
Taylor Farms, a maker of salads and fresh foods, has acquired US organic salad business brand Earthbound Farm from international dairy giant Danone for an undisclosed sum. Earthbound Farm is described as the largest producer of organic salads in the US and had annual sales of around $400 million in 2018. In a statement, Taylor […]
UK: Unilever to launch layered Carte D’Or ice cream
Unilever, the Anglo-Dutch consumer goods giant, is set to expand its Carte D’Or range in the UK with the launch of new layered ice creams featuring cake and biscuit pieces. Said to be backed by a marketing investment of £3 million ($3.9 million), the new range comes in the varieties Brownie and Vanilla, Sea Salted […]
USA: Fairlife to build new facility in Arizona
Fairlife, the dairy firm formed as a joint venture between Coca-Cola and Select Milk Partners, has announced plans to expand its manufacturing capacity by building a new production and distribution facility in Goodyear, AZ with a $200+ million investment. The firm said the 300,000 sq ft plant, which is set to begin operations in 2020, […]